Angola GDP Growth Picks Up to 4-Year High — TradingView News

Angola’s economy expanded 8.74% year-on-year in Q2 2026, marking its strongest growth since Q2 2022 and accelerating from 5.32% in the previous quarter.

The non-oil sector remained the main driver, expanding 9.24%, after a 6.22% advance in Q1, while the oil sector grew 5.64%, rebounding from a 0.21% contraction in the previous quarter.

The strongest-performing activities included diamond, metallic mineral and other non-metallic mineral extraction (+16.46%); information and communication (+14.30%); accommodation and food Services (+12.59%); manufacturing (+12.22%); and financial and insurance intermediation (+11.83%).

Subsidies and Taxes also rose sharply, by 116.26% and 37%, respectively.

On a seasonally adjusted basis, GDP grew 2.75%, the fastest pace since Q2 2024, following a 1.37% increase in Q1.