Gross savings in Angola
Angola: Gross savings was 16.51 trillion current LCU in 2024. ◆ Volatile
Gross savings in Angola, 2002–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for gross savings in Angola is 16.51 trillion current LCU, measured in 2024. That is the highest value across all 23 years on record.
The figure is up 32.3% on the previous year and up 285.5% over ten years.
Over the whole period, gross savings in Angola peaked at 16.51 trillion current LCU in 2024 and was at its lowest, 218.09 billion current LCU, in 2002.
That places Angola 26th out of 178 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings in Angola, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 218.09 billion current LCU | — |
| 2003 | 398.45 billion current LCU | +82.7% |
| 2004 | 794.20 billion current LCU | +99.3% |
| 2005 | 1.46 trillion current LCU | +83.8% |
| 2006 | 2.00 trillion current LCU | +36.8% |
| 2007 | 2.32 trillion current LCU | +16.1% |
| 2008 | 2.84 trillion current LCU | +22.6% |
| 2009 | 2.13 trillion current LCU | -25.1% |
| 2010 | 3.30 trillion current LCU | +55.2% |
| 2011 | 4.45 trillion current LCU | +34.8% |
| 2012 | 5.15 trillion current LCU | +15.7% |
| 2013 | 4.79 trillion current LCU | -7.1% |
| 2014 | 4.28 trillion current LCU | -10.5% |
| 2015 | 3.34 trillion current LCU | -22.0% |
| 2016 | 5.09 trillion current LCU | +52.3% |
| 2017 | 6.61 trillion current LCU | +30.0% |
| 2018 | 8.84 trillion current LCU | +33.7% |
| 2019 | 10.38 trillion current LCU | +17.4% |
| 2020 | 8.06 trillion current LCU | -22.4% |
| 2021 | 13.69 trillion current LCU | +69.9% |
| 2022 | 14.67 trillion current LCU | +7.2% |
| 2023 | 12.48 trillion current LCU | -14.9% |
| 2024 | 16.51 trillion current LCU | +32.3% |
Angola compared with similar countries
- Angola's 16.51 trillion current LCU is above the median for lower middle income countries, which is 205.45 billion current LCU, 80.4× the median. (45 countries reporting)
- Angola's 16.51 trillion current LCU is above the median for Sub-Saharan Africa, which is 841.37 billion current LCU, 19.6× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.52 trillion current LCU | 218.09 billion current LCU | 2.84 trillion current LCU | 8 |
| 2010s | 5.62 trillion current LCU | 3.30 trillion current LCU | 10.38 trillion current LCU | 10 |
| 2020s | 13.08 trillion current LCU | 8.06 trillion current LCU | 16.51 trillion current 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 125.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.2 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.15 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 203.52 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 29.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -4.96 % change on previous year (2025)
Frequently asked questions
- What is gross savings in Angola?
- Gross savings in Angola was 16.51 trillion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross savings recorded in Angola?
- The highest recorded value was 16.51 trillion current LCU in 2024.
- What is the lowest gross savings recorded in Angola?
- The lowest recorded value was 218.09 billion current LCU in 2002.
- How does Angola rank for gross savings?
- Angola ranks 26th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Angola?
- Over the last ten years it is up 285.5%. 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 Offices (NSOs), published as part of Gross savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Savings is an amount that represents the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.