Angola’s economy is dominated by oil production, which accounts for a significant share of GDP and exports, leaving the country vulnerable to fluctuations in global oil prices. Efforts to diversify into agriculture, mining, and manufacturing have shown slow progress. Government reforms aim to attract foreign investment and tackle corruption, but implementation has been uneven. Regulatory frameworks are improving, but inefficiencies and red tape persist. Society is marked by high inequality and youth unemployment. The education sector is improving but struggles with access and quality issues. Climate variability affects agricultural productivity, while public healthcare is underfunded, leading to poor health outcomes.
