- Angola's economy is highly dependent on its oil production and oil
prices. This dependence can be clearly seen in the ripples created by
the international financial crisis in 2008: oil prices dropped
dramatically and so did Angola's oil revenue, GDP, FDI and international
- While inflation has been reduced over the last 10 years, it remains
in double digits for the foreseeable future and consumer prices are
increasing. This has a particularly severe impact on Angola's poor.
- High GDP growth has contributed to increased human development for
Angolans, but the rate of increase has lagged as easy gains are achieved
and the developmental challenges become more complex and more difficult
- Owing to growth in GDP since 2002 Angolan per capita health spending
has increased dramatically. However, high mortality rates of infants
and children under five years of age highlight the challenges that
Angola still faces. Reducing these may be the greatest challenge for
- The Angolan business environment is overall very challenging, with corruption being the main barrier.