Despite significant progress toward macroeconomic stability and adopting much needed structural reforms, estimates suggest that the Angola's economy remained in recession in 2019 for the fourth consecutive year. Negative growth was driven by the continuous negative performance of the oil sector whose production declined by 5.2 percent. This has not been favorable to poverty reduction. Poverty is estimated to have increased to 48.4 percent in 2019...
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2020/04/01
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Brief
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190993
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1
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2024/06/07
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Disclosed
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Angola - Poverty and Equity Brief 2020
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World Bank.
Angola - Poverty and Equity Brief 2020 (English). Poverty and Equity Brief Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099060724053113511