Gross domestic savings (current US$) in Angola
Angola: Gross domestic savings (current US$) 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$, in 2002.
That places Angola 73rd out of 188 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Gross domestic savings (current US$) 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% |
Angola compared with similar countries
- Angola's 23.24 billion current US$ is above the median for lower middle income countries, which is 3.13 billion current US$, 7.4× the median. (45 countries reporting)
- Angola's 23.24 billion current US$ is above the median for Sub-Saharan Africa, which is 3.09 billion current US$, 7.5× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.17 billion current US$ | 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
- Real gdp growth, annual growth rate 275.23 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -33.74 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 8.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate -36.9 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -6.11 % change on previous year (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 188 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.