The value added by the agriculture, hunting, forestry, and fishing sector in Angola has seen fluctuations over the years. From 2013's $8.8979 billion, it peaked and then dipped significantly in 2016 to $8.7278 billion, before a steady increase led to $12.44 billion in 2023. The year-on-year variation from 2022 to 2023 is 2.99%. The last five years' CAGR stands at 3.33%. Future projections show consistent growth, reaching $14.141 billion by 2028 with a forecasted 5-year CAGR of 2.02%.
Future trends to watch for include:
- Improvement in agricultural technology and infrastructure
- Policy changes affecting the agricultural sector
- Climate change impacts on agricultural productivity
- Market demand shifts in key agricultural commodities
