Inflation Angola 2020

Average inflation: 22.2%

Inflation in 2020

Inflation is very high at 22.2%, far above the ECB target.

Peak and Trough

The highest inflation was in December at 25.1%. The lowest inflation was in January at 18.0%.

Highest month
December: 25.1%
Lowest month
January: 18.0%
Difference
7.1 percentage points
Months with data
12 of 12

Historical Context

Inflation is 1.8 percentage points lower than the 5-year average of 24.0%.

5-year average
24%
10-year average
16.9%
All-time high (2003)
100.2%
All-time low (2014)
7.3%

Trend

Over the period 2018-2020, inflation shows an upward trend. Compared to 2019, inflation has risen by 5.1 percentage points.

Change vs. previous year
+5.1 percentage points
Largest monthly swing
November: +8.6 percentage points

ECB Target

Inflation is 20.2 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for AOA 100 this year will cost approximately AOA 122.20 next year at this inflation rate.

Multi-year trend

Monthly figures 2020

Month overview

Month Inflation Difference vs. 2019
January 18.0% -0.2
February 18.7% +0.7
March 19.6% +2.0
April 20.8% +3.4
May 21.8% +4.7
June 22.6% +5.7
July 22.9% +5.7
August 23.4% +5.9
September 23.8% +7.7
October 24.3% +8.2
November 24.9% +8.6
December 25.1% +8.2
Average 22.2%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also