Angola PPP Conversion Factor

Angola’s purchasing power parity (PPP) conversion factor reached 284.14 in 2025, placing the country 28th in the World Bank ranking and marking the highest value recorded since the series began in 1990, when the factor was effectively zero. The dramatic rise reflects sustained improvements in price level adjustments and the integration of Angola’s economy into global markets, contrasting sharply with the early post‑war period when domestic price distortions rendered the PPP conversion negligible. Compared with peers, Angola’s factor trails Costa Rica’s 308.28 and Rwanda’s 365.59 but exceeds the Central African Republic’s 241.62, suggesting a moderate but notable convergence toward middle‑income benchmarks. The 36‑year coverage shows a consistent upward trajectory, driven by oil‑linked revenue growth, diversification efforts, and inflation‑targeting policies. Continued fiscal consolidation, investment in non‑oil sectors, and stability in global commodity prices will be critical to sustaining the upward trend and narrowing the gap with higher‑ranked peers.