THE LEGATUM PROSPERITY INDEX™ 2016

Bringing Prosperity to Life

Angola

Ranked 141st of 149

At a glance

Ranks

141 st on the Legatum
Prosperity Index™

140th
148th
138th
132nd
127th
127th
129th
142nd
139th

SUB-INDEX RANKINGS

In the Prosperity Sub-Index rankings, Angola performs best on Safety & Security and Health and scores lowest on the Business Environment sub-index.

Visit our Rankings table to see how Angola compares to other countries.

Prosperity Gap

The ‘Prosperity Gap’ takes a country's GDP and uses it as the yardstick to measure a nation's expected Prosperity Index ranking.

Angola significantly under-delivers on prosperity given its wealth, common among oil-dependent countries. It has the 5th biggest prosperity deficit in the world, a gap that has been increasing over the past ten years. Angola under-delivers in every single sub-index.

Note:
In the chart above, each dot represents a country. The curve shows the general tendency with which prosperity increases as GDP per capita increases. If a country falls below the curve, then we can say that compared to all other countries, it is under-delivering prosperity for its citizens. Likewise, if a country rises above the curve, then we can say that it is over-delivering prosperity for its citizens. Learn more about the Prosperity Gap here.

Alternatively, have a look at the Prosperity Gap view on our Rankings table for a full list of countries and to see how each of them are performing on the various sub-indices.

Commentary

The Prosperity Index captures Angola as a country whose performance is deeply affected by external and internal factors, but whose resources provide it with huge potential to deliver more prosperity.

In the Governance sub-index, the country stands out for the high number of women in parliament (the percentage increased from 15% in 2007 to 37% in 2016), as well as for the confidence in the government expressed by its citizens, which has almost doubled over the last decade. However, Governance still ranks just 138th, a sign that there are fundamental structural issues in the way the country is governed. If its wealth is to be transformed into greater prosperity in Angola, effective governance is the primary priority.

The fact that Angola is among the ten least prosperous countries in the world, and the sixth in Africa, is in part a consequence of the protracted negative effects of the civil war that ended in 2002, as well as turbulent and volatile fluctuations in the oil market.

With oil representing 97% of Angola’s exports, the fall in oil prices last year had a major effect on the country. The economy is mainly limited by its poor export quality and export diversity, as well as by the lack of efficient anti-monopoly policies and too many trade barriers, where Angola trails both Sub-Saharan Africa, and OPEC members.

If its wealth is to be transformed into greater prosperity in Angola, effective governance is the primary priority.
If its wealth is to be transformed into greater prosperity in Angola, effective governance is the primary priority.

Another sub-index of major concern is Personal Freedom. Here Angola has some of the lowest scores when compared to its Sub-Saharan peers. In particular, the tolerance of ethnic minorities is way below the average, as is the satisfaction of personal freedom expressed by Angolans (which has decreased from 57% to 34% since 2007). Behind this poor performance there is, once again, the legacy of a protracted civil war whose consequences went well beyond the economy, and an overdependence on oil.


Ways to make a change

Click on the Tweets to help make a change in your nation.


Data

How to read this graph:
When comparing multiple countries on a spider chart, data points that appear
further away from the center represent a better performance to the points that are closer to the center.