Since the Angolan civil ended in 2002 Angola has been a stable and increasingly prosperous country. For at least the next five years high growth rates similar to the last decade are expected to continue, largely driven by oil revenues. The bounty of crude oil which is still deep under the Angolan seabed counts as one of the most tempting targets for international oil groups. In 2011 already 1.8 mn barrels/ day of crude were produced (2.5% of world production). It remains to be seen though whether the petrodollars will actually help the Angolan people or will trickle away in Angola`s corrupt political class.
|GDP growth 2011-2017||7.5%|
|GDP (2011, in USD bn)||100.9%|
|Population (2011, in mn)||19.6%|