According to the INE report on quarterly accounts, "the Gross Domestic Product (GDP) grew by 3.5 percent in the first quarter of 2025 compared to the first quarter of 2024".
In quarterly terms, between the fourth quarter of 2024 and the first quarter of 2025, considering the seasonally adjusted series, the GDP grew by 2.3 percent.
The annual expansion was driven mainly by the "extraction of diamonds, metallic minerals and other non-metallic minerals", which grew by 51.4 percent.
The sectors of Post and Telecommunications (26.7 percent), Public Administration, Defense and Mandatory Social Security (14 percent) and Commerce (10.4 percent) also contributed to the positive result.
On the other hand, the oil sector, which still represents the country's main source of exports, recorded an annual decrease of 4.4 percent.
"The decline (in the oil sector) observed in the quarter under analysis was caused by the reduction in the quantities of crude oil extracted", the report details.
The INE highlights that the activities that contributed most positively to the 2.3 percent growth compared to the fourth quarter of 2024 were Commerce (1.21 percentage points), Public Administration, Defense and Security (0.97 percentage points) and Construction (0.86 percentage points).
The report also highlights that "the quarterly national accounts are harmonized with the 2008 National Accounts System (SNA)" and that the objective of this statistical exercise is to "improve knowledge of the recent evolution of the Angolan economy, providing subsidies for development and investment policies in the country".
The economy therefore maintains a moderate recovery path, despite persistent difficulties in sectors such as oil and structural limitations that affect diversification.
