Industry in Angola occupies 0.6 pct of the workforce

11 September 2015

The manufacturing industry in Angola has just 45,100 employees, a number that accounts for 0.6% of the workforce, said Thursday in Luanda the secretary of State for Industry, Kiala Gabriel.

In first place is retail, banking, insurance and services, which together account for 7.7 percent of the working population, followed by public works and construction with 4.7 percent, said the secretary of state, cited by Angolan news agency Angop.

Gabriel stressed that despite the growth of the gross domestic product since the end of civil war, Angola continues to import almost every type of consumer product, with exports represented by oil (97 percent of the total) and, on a much smaller scale, diamonds and coffee.

Referring to the dynamics of the industrial sector, the Secretary of State said that this situation was reflected in the GDP structure in which, according to figures from the Ministry of Planning and Territorial Development for 2012, almost half is associated with the oil sector (47 percent), followed by market services, with 22 percent, construction 8.6 percent, agriculture and fisheries, 7.2 percent and industry with 6.8 percent.

In 2002, the manufacturing sector had 2,140 active companies (about 11.5 percent of total Angolan economic units), which employed 29,800 workers (about 10.5 percent of the total), and it accounted for 4.3 percent of GDP. (macauhub/AO)