The National Bank of Angola (BNA) forecasts that the Angolan economy will grow by around 3.5% this year, with a recovery in the oil sector estimated at 1.1% following a contraction of 4.6% in 2025, reported Lusa on Wednesday (14).
According to the agency, the data was presented today by BNA Governor Manuel Tiago Dias, who projected a favorable evolution of the Gross Domestic Product (GDP), driven by 4.5% growth in the non-oil sector, and to a lesser extent by the oil sector.
The central bank also estimates an inflation rate of 13.5% for 2026, down from 15.7% recorded in 2025, supported by the maintenance of a liquidity level adequate for economic growth and the relative stability of international food prices.
Manuel Tiago Dias further revealed that the stock of credit to the economy in local currency reached €6.93 million in December 2025, representing a cumulative expansion of 22.6%, equivalent to an increase of €1.28 million compared to December 2024.
The official highlighted that Angola’s payment system accelerated its digitalization in 2025, positively impacting financial inclusion, reflected in the growth of electronic and instant channels.
There was also an increase in transaction volumes through the Multicaixa network and transfer systems, with greater adoption of instant payments under the Kwik system, use of QR codes, and a 12% increase in the number of ATMs.
In the primary foreign exchange market, the regular supply of foreign currency from oil companies, diamond producers, and commercial bank clients increased by 23%, rising from €7.55 billion to €9.27 billion, contributing to exchange rate stability.
Additionally, the supply of foreign currency from the National Treasury and the BNA totaled approximately €11.48 million in 2025.
The stock of international reserves stood at €15.22 billion at the end of 2025, compared to €15.08 billion the previous year, representing an increase of €130 million and a coverage level of 7.6 months of imports of goods and services.
