Country Overview
Recent investment activity in Angola has improved significantly as Angola has prioritised the repair, expansion and modernisation of its infrastructure as a central element of post-civil war reconstruction and economic development. To improve the efficiency and quality of this investment, Angola could reform its financial markets, regulatory frameworks and infrastructure governance. It trails all but a single country in InfraCompass 2020 across all three drivers.
See Full Overview Data
GDP per capita
3,038 USD
Population
30.1 million persons
Infrastructure quality
40.2 (0-100 best)
Infrastructure investment
7.8% of GDP
Private infrastructure investment
20.4 5-year average, USD millions
Infrastructure gap
2.5% of GDP

Driver Overview

This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).

Driver
Rank
Score /100
Emerging Aspiring Contender Top performer Global Leader
- No ranking change Ranking increase Ranking decrease

Rank

Score /100

Best practice

75
-
16.7
Emerging
76
-
32.3
Emerging
71
-
35.7
Emerging
67
1
35.4
Emerging
69
4
51.6
Emerging
34
8
37.0
Contender
75
6
16.6
Emerging
76
-
13.7
Emerging

Metric Overview

Strengths

Infrastructure investment

Investment in infrastructure is a priority for Angola, at 10.8% of GDP per annum, one of the highest investment rates across all InfraCompass 2020 countries. The COVID-19 pandemic may impact these efforts.

Cost to start a business

According to the World Bank, the cost of starting a business in Angola is equal to 11% of income per capita, easing the entry of new firms.

Financial stability

Angola’s financial stability is satisfactory. However, it trails other Lower Middle Income Countries which have an average score 83. The long-term impacts of the COVID-19 pandemic could affect financial stability.

Infrastructure investment

Investment in infrastructure is a priority for Angola, at 10.8% of GDP per annum, one of the highest investment rates across all InfraCompass 2020 countries. The COVID-19 pandemic may impact these efforts.

Cost to start a business

According to the World Bank, the cost of starting a business in Angola is equal to 11% of income per capita, easing the entry of new firms.

Financial stability

Angola’s financial stability is satisfactory. However, it trails other Lower Middle Income Countries which have an average score 83. The long-term impacts of the COVID-19 pandemic could affect financial stability.

Top Performing Metrics

Top Performing Metrics

This is defined by the metrics with the highest unweighted score out of 100. 

Lower middle income country average

Financial markets:
Financial stability

Opportunities to Grow

Transparency in public procurement

Until recently, Angola did not make public procurement notices available online. However, the new National Procurement Portal now does so and this metric is expected to improve in the future. Further transparency improvements could encourage more participation and competition, which drive value for money.

Published project pipeline

Angola does not currently have an infrastructure pipeline of projects. The addition of an infrastructure pipeline could help provide infrastructure participants with a clear indication of prospective and confirmed infrastructure activity.

Recovery rate

According to the World Bank, the recovery rate for insolvency in Angola is low. This is due to a deficiency of bankruptcy and insolvency laws. Improving the recovery rate could encourage investors to provide finance, as they are more likely to receive at least a portion back from even failed investments.

Transparency in public procurement

Until recently, Angola did not make public procurement notices available online. However, the new National Procurement Portal now does so and this metric is expected to improve in the future. Further transparency improvements could encourage more participation and competition, which drive value for money.

Published project pipeline

Angola does not currently have an infrastructure pipeline of projects. The addition of an infrastructure pipeline could help provide infrastructure participants with a clear indication of prospective and confirmed infrastructure activity.

Recovery rate

According to the World Bank, the recovery rate for insolvency in Angola is low. This is due to a deficiency of bankruptcy and insolvency laws. Improving the recovery rate could encourage investors to provide finance, as they are more likely to receive at least a portion back from even failed investments.

Metrics to Improve

Metrics to Improve

This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.

For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.

Lower middle income country average

Governance:
Recovery rate

Detailed Data

This section shows country data for each of the 41 metrics. Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset. 

Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.

Governance Regulatory Permits Planning Procurement Activity Funding Financial
Driver
Rank
Score /100
Emerging Aspiring Contender Top performer Global Leader
- No ranking change Ranking increase Ranking decrease

Metric

Angola

Lower middle Income Countries Average

Source Link

28.2%

Recovery rate

The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.

0.0
31.4

20.7%

Rule of law

World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.

29.0 (+0.8)
41.5

18.1%

Post-completion reviews

Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.

No
-

15.1%

Shareholder governance

Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).

0.0
34.2

12.8%

Political stability and absence of violence score

Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.

44.7
38.7

5%

Infrastructure or PPP agency

Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.

Yes
-

Angola

Lower middle Income Countries Average

0.0
31.4
29.0 (+0.8)
41.5
No
-
0.0
34.2
44.7
38.7
Yes
-

Country Overview Data

Recent investment activity in Angola has improved significantly as Angola has prioritised the repair, expansion and modernisation of its infrastructure as a central element of post-civil war reconstruction and economic development. To improve the efficiency and quality of this investment, Angola could reform its financial markets, regulatory frameworks and infrastructure governance. It trails all but a single country in InfraCompass 2020 across all three drivers.
GDP per capita

3,038 USD

Population

30.1 million persons

Infrastructure quality

40.2 (0-100 best)

Infrastructure investment

7.8% of GDP

Private infrastructure investment

20.4 5-year average, USD millions

Infrastructure gap

2.5% of GDP

GDP

91.5 USD billion

GDP growth rate

-0.3%

GDP per capita growth rate

-16.1%

Gini coefficient

42.7 (0-100 worst)

Gross Government Debt

95.0% of GDP

Inflation rate

17.2%

Summary credit rating

26.0 (0-100 best)

Unemployment rate

7.2%

Urbanisation ratio

66.0% of total population

Road connectivity

77.7 (0-100 best)

Quality of road infrastructure

2.2 (1-7 best)

Efficiency of air transport services

3.3 (1-7 best)

Efficiency of seaport services

2.8 (1-7 best)

Electricity access

43.0% of population

Electricity supply quality

11.3% of output lost

Exposure to unsafe drinking water

77.1% of population

Reliability of water supply

2.1 (1-7 best)

Digital Adoption Index

0.3 (0-1 best)

Mobile-broadband subscriptions

18.9 per 100 population

Fixed-broadband Internet subscriptions

0.4 per 100 population