Angola Resilient and Inclusive Growth DPL/PBG/D4D

About this project

Angola's economic trajectory has been linked to that of global oil prices, and the country has struggled to reduce poverty and promote shared prosperity. The oil sector accounts for 20 percent of GDP, 60 percent of tax revenue, and 95 percent of exports. After experiencing strong growth between 2002 and 2014, declining oil prices, combined with weakening oil production capacity, led to a prolonged recession over 2016-20. With a fertility rate of 5.2 children per women, and negative growth, real income per capita declined significantly. At 3,096 dollars in 2023, it is slightly above its level of 2006, after a peak at 6,076 dollars in 2014. Poverty was estimated at 39.3 percent in 2018, at the international poverty line. With a Gini index of 51.3 in 2018, Angola is among the most unequal countries in the world. This DPO series of two operations, supports the Government of Angola (GoA) in strengthening macroeconomic resilience and achieving inclusive and private sector-led economic transformation. The DPO's program development objective is to increase economic diversification, resilience and inclusion through: (i) fiscal policy, (ii) private sector growth and job creation, and (iii) human capital and digital development. The series supports a progressive and equitable fiscal consolidation, that includes gradually removing distortive subsidies, enhancing social safety nets to compensate for the impact of subsidy removal on the poorest, and strengthening efficient domestic revenu…

Published by

World Bank · Multilateral

Countries

Angola

Sectors

Financial policy and administrative managementSocial protection and welfare services policy, planning and administrationTrade policy and administrative managementMulti-hazard response preparednessBudget planningElectric power transmission and distribution (isolated mini-grids)

Places

Luanda

Funded by

International Bank for Reconstruction and Development

Implemented by

Ministry of Planning

Accountable

Republic of Angola

Passes funds through

International Bank for Reconstruction and Development

Published by World Bank to the International Aid Transparency Initiative (IATI), last updated 3 Oct 2026 and imported automatically. IATI identifier: 44000-P511848.

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