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DataBank

Metadata Glossary

CodeAGO
Long NamePeople's Republic of Angola
Income GroupLower middle income
RegionSub-Saharan Africa
Lending categoryIBRD
Currency UnitAngolan kwanza
Latest population census2014
Latest household surveyDemographic and Health Survey, 2015/16
Special NotesThe World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. In this country, multiple or dual exchange rate activity exists and must be accounted for appropriately in underlying statistics. An alternative estimate (“alternative conversion factor” - PA.NUS.ATLS) is thus calculated as a weighted average of the different exchange rates in use in the country. Doing so better reflects economic reality and leads to more accurate cross-country comparisons and country classifications by income level. For this country, this applies to the period 1994-2022. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.
National accounts base year2002
System of National AccountsCountry uses the 1993 System of National Accounts methodology
SNA price valuationValue added at basic prices (VAB)
PPP survey years2017, 2011
Balance of Payments Manual in useBPM6
External debt Reporting statusActual
System of tradeGeneral trade system
Government Accounting conceptBudgetary central government
IMF data dissemination standardEnhanced General Data Dissemination System (e-GDDS)
Source of most recent Income and expenditure dataIntegrated household survey (IHS), 2008/09
Latest trade data2018
2-alpha codeAO
WB-2 codeAO
Table NameAngola
Short NameAngola
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