Ver Angola

Economy

More than half of Angolan investment arrives in Portugal through other countries

Around 56 percent of Angolan direct investment arrives in Portugal through other countries, mainly through the Netherlands, according to data from the Bank of Portugal (BdP), consulted by Lusa.

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According to data from the banking regulator, in the fourth quarter of 2021, Angola's Foreign Direct Investment (FDI) in Portugal amounted to 3,896.83 million euros.

Of this total, 1,683 million euros arrived in Portugal directly from Angola, without going through third countries.

However, according to Lusa's calculations, the remaining 2,211.87 million euros of Angolan FDI was held through third countries.

Based on the statistics of direct investment positions by final investor, which makes it possible to identify the countries that, "ultimately, and irrespective of the complexity of the structure of economic groups, control the investment, enjoy the returns and assume the risk", 1,597 million euros of Angolan FDI into Portugal arrived via the Netherlands.

According to data from the BdP, part of the Angolan FDI in Portugal also arrived through Luxembourg (325.38 million euros) and Malta (279.22 million euros).

In this period, services accounted for the majority (3,354.29 million euros), followed by far by construction (54.27 million euros), manufacturing industries (1.55 million euros) and the electricity sector, gas and water (0.38 million euros).

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