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HIGH RISK for enterprise
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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Economic risk
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Business environment risk
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Political risk
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Commercial risk
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Financing risk
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GDP | USD 14.02bn (World raking 127, World Bank 2020) |
Population | 31.25mn (World raking 46 ,World Bank 2020) |
Form of state | Republic |
Head of government | Filipe NYUSI |
Next elections | 2024, presidential |

- Strong net Foreign Direct Investment (FDI) in recent years
- Immense natural gas reserves, and substantial oil reserves
- Rapidly urbanizing population offers growth and consumer potential

- Sovereign debt crisis
- Weak structural business environment and infrastructure.
- Vulnerable to natural disasters, including floods
- Democratic credentials have a limited track record and, in particular, hand-over of power to opposition forces after elections has yet to be tested
- Although poverty indicators have improved, UN development indicators suggest that the quality of life remains generally poor
- High incidence of HIV/AIDS, with associated social and economic costs
- Dependence on aid flows and grants & loans
Trade structure by destination/origin
(% of total, 2020)
Exports | Rank | Imports |
---|---|---|
India
21.1%
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1 |
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South Africa
14.9%
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2 |
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Netherlands
12.2%
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3 |
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China
9.6%
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4 |
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Italy
4.5%
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5 |
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Trade structure by product
(% of total, 2020)
Exports | Rank | Imports |
---|---|---|
Non-ferrous metals
23.3%
|
1 |
17.7%
Petroleum, petroleum products and related materials
|
Coal, coke and briquettes
21.8%
|
2 |
8.1%
Inorganic chemicals
|
Metalliferous ores and metal scrap
7.0%
|
3 |
7.4%
Metalliferous ores and metal scrap
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Vegetables and fruits
6.5%
|
4 |
6.1%
Cereals and cereal preparations
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Electric current
6.0%
|
5 |
3.8%
Road vehicles
|
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