Africa-Press – Angola. The Angolan economy officially emerged last year from the economic recession in which it had been plunged since 2016, growing 0.7% for the year as a whole, after an expansion of 2.2% in the last quarter.
According to data released today by the National Institute of Statistics of Angola (INE), the economy grew by 2.2% in the last quarter of 2021, benefiting from the 0.9% expansion in the third quarter, offsetting the negative growth of 0.47%. % and 0.13% recorded in the first two quarters of 2021.
“The activities that contributed positively to the change in GDP in the fourth quarter compared to the third quarter of 2021 were Fishing, with 0.29 percentage points, Oil extraction and refining, with 0.25 points, Diamond extraction and others with 0.53 points; Transport and storage with 0.61 points, Financial intermediation, with 0.03 points, Real estate and rental services, with 0.41 points, and Other services, with 0.07 points”, read in the Quick Information Sheet.
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