External balance on goods and services in Angola
Angola: External balance on goods and services was -919.98 billion constant LCU in 2024. ◆ Volatile
External balance on goods and services in Angola, 2015–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, external balance on goods and services in Angola stood at -919.98 billion constant LCU. That is the lowest value across all 10 years on record.
The figure is down 4.8% on the previous year and down 117.0% over ten years.
Over the whole period, external balance on goods and services in Angola peaked at 335.68 billion constant LCU in 2019 and was at its lowest, -919.98 billion constant LCU, in 2024.
That places Angola 136th out of 161 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Angola, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2015 | -423.88 billion constant LCU | — |
| 2016 | -56.81 billion constant LCU | -86.6% |
| 2017 | -577.02 billion constant LCU | +915.6% |
| 2018 | -804.37 billion constant LCU | +39.4% |
| 2019 | 335.68 billion constant LCU | -141.7% |
| 2020 | 63.23 billion constant LCU | -81.2% |
| 2021 | -378.02 billion constant LCU | -697.8% |
| 2022 | -826.40 billion constant LCU | +118.6% |
| 2023 | -877.64 billion constant LCU | +6.2% |
| 2024 | -919.98 billion constant LCU | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -305.28 billion constant LCU | -804.37 billion constant LCU | 335.68 billion constant LCU | 5 |
| 2020s | -587.76 billion constant LCU | -919.98 billion constant LCU | 63.23 billion constant LCU | 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)
- GNI (current LCU), annual growth rate 27.41 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,015 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 3.18 million current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 25.3 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 21.68 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 73.81 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0086 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 26.97 current US$ per person (2025)
Frequently asked questions
- What is external balance on goods and services in Angola?
- External balance on goods and services in Angola was -919.98 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Angola?
- The highest recorded value was 335.68 billion constant LCU in 2019.
- What is the lowest external balance on goods and services recorded in Angola?
- The lowest recorded value was -919.98 billion constant LCU in 2024.
- How does Angola rank for external balance on goods and services?
- Angola ranks 136th out of 161 countries with data for 2024.
- Is external balance on goods and services rising or falling in Angola?
- Over the last ten years it is down 117.0%. The long-run trend across the full record is volatile.
- Where does this Angola data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.