In 2023, Angola's GDP composition was led by "Mining, Manufacturing, Utilities" at 33.75%, followed by "Wholesale, retail trade, restaurants and hotels" at 21.02%, and "Services" at 20.2%. "Construction" contributed 12.26%, "Agriculture, hunting, forestry, fishing" 8.03%, and "Transport, storage and communication" 4.75%.
Future trends to watch include:
- Potential growth in the "Services" sector with increasing diversification efforts.
- Continued reliance on mining but with a focus on sustainable practices.
- Agriculture's role may expand with technology adoption boosting productivity.
- Infrastructural improvements could enhance "Transport, storage, and communication" growth.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Mining, Manufacturing, Utilities | 33.75 | 2016 | |
| 2 | 2 Wholesale, retail trade, restaurants and hotels | 21.02 | 2016 | |
| 3 | 3 Services | 20.2 | 2016 | |
| 4 | 4 Construction | 12.26 | 2016 | |
| 5 | 5 Agriculture, hunting, forestry, fishing | 8.03 | 2016 | |
| 6 | 6 Transport, storage and communication | 4.75 | 2016 |