Current account balance as a share of GDP in Angola
Angola: Current account balance as a share of GDP was 6.2% in 2024. ◆ Volatile
Current account balance as a share of GDP in Angola, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Angola is 6.2%, measured in 2024.
Compared with earlier readings it is up 59.8% on the previous year and up 356.1% over ten years.
Over the whole period, current account balance as a share of gdp in Angola peaked at 18.2% in 2006 and was at its lowest, -16.0%, in 2001.
Angola ranks 28th of 193 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a share of GDP in Angola, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.7% | — |
| 2001 | -16.0% | -283.6% |
| 2002 | -0.9% | -94.6% |
| 2003 | -3.5% | +306.9% |
| 2004 | 2.5% | -171.2% |
| 2005 | 12.4% | +392.5% |
| 2006 | 18.2% | +46.9% |
| 2007 | 14.5% | -20.5% |
| 2008 | 7.3% | -49.8% |
| 2009 | -9.3% | -227.3% |
| 2010 | 7.9% | -184.8% |
| 2011 | 10.4% | +32.6% |
| 2012 | 9.6% | -7.5% |
| 2013 | 5.5% | -43.3% |
| 2014 | -2.4% | -144.6% |
| 2015 | -10.0% | +310.7% |
| 2016 | -5.2% | -48.6% |
| 2017 | -0.8% | -85.4% |
| 2018 | 8.3% | -1202.7% |
| 2019 | 6.4% | -23.1% |
| 2020 | 1.5% | -76.7% |
| 2021 | 10.6% | +613.5% |
| 2022 | 9.0% | -15.2% |
| 2023 | 3.9% | -56.4% |
| 2024 | 6.2% | +59.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.4% | -16.0% | 18.2% | 10 |
| 2010s | 3.0% | -10.0% | 10.4% | 10 |
| 2020s | 6.2% | 1.5% | 10.6% | 5 |
Countries ranked near Angola
More economy & growth data for Angola
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7535 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.63 Percent per annum (2029)
- Services, value added (constant LCU), per capita 238,856 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 20.49 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 17.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9914 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 3,103 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 23.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,049 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.28 million current LCU per person (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Angola?
- Current account balance as a share of gdp in Angola was 6.2% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Angola?
- The highest recorded value was 18.2% in 2006.
- What is the lowest current account balance as a share of gdp recorded in Angola?
- The lowest recorded value was -16.0% in 2001.
- How does Angola rank for current account balance as a share of gdp?
- Angola ranks 28th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Angola?
- Over the last ten years it is up 356.1%. The long-run trend across the full record is volatile.
- Where does this Angola data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).