Forecast: Number of Air Passengers Carried in Angola

Based on actual data, the number of air passengers carried in Angola fluctuated significantly between 2013 and 2023. In 2023, the value stood at 1.5519 million passengers. Year-on-year variations showed considerable volatility, with notable declines in 2015, 2017, 2019, and substantial drops in 2020 and 2021 due to the COVID-19 pandemic. A robust recovery began in 2022, spiking by 311.38%, and continued into 2023 with a 21.11% increase. The last five-year CAGR up to 2023 indicates a modest growth rate of 0.46%.

Forecasted data from 2024 to 2028 suggest continued steady growth in air passengers carried, with a five-year CAGR of 2.03% and an overall growth rate of 10.59% over the period. By 2028, the number of passengers is expected to reach 1.7641 million.

Future trends to watch for include the potential impacts of expanded airline routes, increased tourism, and economic stabilization in Angola, which could further affect passenger numbers. Additionally, improvements in airport infrastructure and regional connectivity will be crucial in sustaining growth.

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