Angola Regains Position As the 3rd Largest Economy in Sub-Saharan Africa

Luanda — Angola has regained its position as the third largest economy in Sub-Saharan Africa, currently led by South Africa, according to the latest report from the International Monetary Fund (IMF) on economic prospects for 2026.

This positioning results from an upward revision of the forecast for Angola's Gross Domestic Product (GDP) growth to 2.3% in 2026, above the 2.1% previously estimated by the IMF regarding global economic prospects.

In its report, the IMF estimates Angola's real GDP at 152.35 billion global dollars and 3,750,000 per capita, occupying the third position in Sub-Saharan Africa, after South Africa (USD 479.96 billion) and Nigeria (USD 377.37 billion).

In the Sub-Saharan Africa region, Angola surpasses economies such as Kenya, which appears in fourth position with a total GDP of US$147.26 billion, and Ethiopia, Ghana, and Tanzania, respectively, with US$121.53 billion, US$118.29 billion, and US$94.89 billion.

The IMF report warns, however, that the pace of economic expansion remains below the population growth rate (around 3.5%), resulting in a decrease in per capita income.

In 2025, Angola's GDP at current prices was projected at US$128.302 billion, registering real growth of 3.13%. The non-oil sector grew by 5.11%, offsetting the 5.23% contraction in the oil sector. CS/IZ/DOJ

AllAfrica publishes around 600 reports a day from more than 90 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.