Angola’s fuel subsidies spending projected to hit $4 billion in 2026, official says
Angola could spend up ​to $4.16 bn on fuel subsidies this year, nearly double its initial projections, a senior finance
The latest market, economy, central-bank, policy and company stories from Angola, updated every 15 minutes. Last updated 19 October 2026.
| GDP growth (2025) | 3.1% | Moderate growth. |
| Inflation (2025) | 20.2% | High inflation: money loses value quickly. |
| Unemployment (2025) | 14.1% | High: many people can’t find work. |
| GDP per person (2025) | $3,129 | Average output per person: a rough measure of how wealthy a country is. |
| Current account (2025) | +0.4% of GDP | Surplus: earns more from abroad than it spends. |
| Exports (2025) | 23.0% of GDP | Driven mostly by its home market. |
Latest official annual figures from World Bank Open Data (CC BY 4.0). Context, not a forecast or financial advice.
Angola could spend up ​to $4.16 bn on fuel subsidies this year, nearly double its initial projections, a senior finance
The International Monetary Fund (IMF) forecasts solid growth in most Portuguese-speaking economies through to 2027, with Angola set to accelerate and Cabo Verde and Timor-Leste maintaining a robust pace, while Mozambique is projected to recover gradually, with growth of 1% in 2026 and 2% in 2027, according to the…
The World Bank revised its economic growth forecast for Angola upward to 4.5% for this year, while inflation in Mozambique is expected to rise from 4.4% to 7.5%, according to a report released Tuesday, October 6.