Gross domestic savings in Angola
Angola: Gross domestic savings was 23.24 billion current US$ in 2024. ▲ Rising
Gross domestic savings in Angola, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gross domestic savings in Angola is 23.24 billion current US$, measured in 2024.
Compared with earlier readings it is down 9.3% on the previous year and down 54.5% over ten years.
Over the whole period, gross domestic savings in Angola peaked at 66.16 billion current US$ in 2012 and was at its lowest, 6.61 billion current US$, in 2002.
That places Angola 73rd out of 187 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Gross domestic savings in Angola, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 6.61 billion current US$ | — |
| 2003 | 6.97 billion current US$ | +5.4% |
| 2004 | 11.99 billion current US$ | +72.0% |
| 2005 | 20.75 billion current US$ | +73.1% |
| 2006 | 31.21 billion current US$ | +50.4% |
| 2007 | 38.03 billion current US$ | +21.8% |
| 2008 | 51.79 billion current US$ | +36.2% |
| 2009 | 34.03 billion current US$ | -34.3% |
| 2010 | 44.48 billion current US$ | +30.7% |
| 2011 | 58.47 billion current US$ | +31.4% |
| 2012 | 66.16 billion current US$ | +13.2% |
| 2013 | 59.70 billion current US$ | -9.8% |
| 2014 | 51.13 billion current US$ | -14.4% |
| 2015 | 27.10 billion current US$ | -47.0% |
| 2016 | 19.42 billion current US$ | -28.3% |
| 2017 | 29.05 billion current US$ | +49.6% |
| 2018 | 33.81 billion current US$ | +16.4% |
| 2019 | 30.91 billion current US$ | -8.6% |
| 2020 | 16.74 billion current US$ | -45.8% |
| 2021 | 26.54 billion current US$ | +58.5% |
| 2022 | 38.46 billion current US$ | +44.9% |
| 2023 | 25.63 billion current US$ | -33.4% |
| 2024 | 23.24 billion current US$ | -9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.17 billion current US$ | 6.61 billion current US$ | 51.79 billion current US$ | 8 |
| 2010s | 42.02 billion current US$ | 19.42 billion current US$ | 66.16 billion current US$ | 10 |
| 2020s | 26.12 billion current US$ | 16.74 billion current US$ | 38.46 billion current US$ | 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)
- Gross domestic savings (current US$), annual growth rate -9.32 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.2255 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita 613.49 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate 25.2 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP 227.51 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita 619,026 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 3.41 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9137 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings in Angola?
- Gross domestic savings in Angola was 23.24 billion current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Angola?
- The highest recorded value was 66.16 billion current US$ in 2012.
- What is the lowest gross domestic savings recorded in Angola?
- The lowest recorded value was 6.61 billion current US$ in 2002.
- How does Angola rank for gross domestic savings?
- Angola ranks 73rd out of 187 countries with data for 2024.
- Is gross domestic savings rising or falling in Angola?
- Over the last ten years it is down 54.5%. The long-run trend across the full record is rising.
- 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 Gross domestic savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.