U.S. Energy Information Administration logo

Projects published on Beta are not final and may contain programming errors. They are for public testing and comment only. We welcome your feedback. For final products, please visit www.eia.gov.

Angola's Key Energy Statistics world rank
total energy production
2017
3.793
quadrillion Btu
27
total energy consumption
2017
0.363
quadrillion Btu
85
liquids production
2017
1,706
thousand barrels per day
17
crude oil including lease condensate exports
2016
1,681
thousand barrels per day
9
vented and flared natural gas production
2015
247
billion cubic feet
7
See more rankings ›
Map of Angola
Map of Angola

Analysis - Energy Sector Highlights

  • Angola is the second–largest oil producer in Africa, following Nigeria. Angola’s economy depends heavily on hydrocarbon production, making its economy vulnerable to crude oil price swings. According to the African Development Bank (AfDB), the crude oil and natural gas sector accounted for about 30% of the country’s gross domestic product (GDP), 95% of total exports, and about 52% of total fiscal revenue in 2017.[1] The latest International Monetary Fund (IMF) country consultant report also states that real GDP growth is projected to be 2.25% in 2018, compared with a preliminary estimate of –0.8% in 2016. The IMF attributes the rebound in GDP growth to higher oil prices, increasing liquefied natural gas (LNG) production, and improved business sentiment.[2]

read full analysis ›

Data