Gross savings (current US$) in Angola
Angola: Gross savings (current US$) was 16.37 billion current US$ in 2024. ◆ Volatile
Gross savings in Angola, 2002–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Angola recorded 16.37 billion current US$ for gross savings in 2024.
Compared with earlier readings it is down 4.2% on the previous year and down 59.8% over ten years.
Over the whole period, gross savings in Angola peaked at 53.98 billion current US$ in 2012 and was at its lowest, 5.01 billion current US$, in 2002.
That places Angola 79th out of 178 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current US$) in Angola, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 5.01 billion current US$ | — |
| 2003 | 5.34 billion current US$ | +6.6% |
| 2004 | 9.51 billion current US$ | +78.0% |
| 2005 | 16.74 billion current US$ | +76.1% |
| 2006 | 24.84 billion current US$ | +48.4% |
| 2007 | 30.21 billion current US$ | +21.6% |
| 2008 | 37.87 billion current US$ | +25.4% |
| 2009 | 26.84 billion current US$ | -29.1% |
| 2010 | 35.96 billion current US$ | +34.0% |
| 2011 | 47.41 billion current US$ | +31.9% |
| 2012 | 53.98 billion current US$ | +13.9% |
| 2013 | 47.99 billion current US$ | -11.1% |
| 2014 | 40.66 billion current US$ | -15.3% |
| 2015 | 21.66 billion current US$ | -46.7% |
| 2016 | 16.22 billion current US$ | -25.1% |
| 2017 | 24.06 billion current US$ | +48.3% |
| 2018 | 27.41 billion current US$ | +13.9% |
| 2019 | 24.27 billion current US$ | -11.4% |
| 2020 | 12.33 billion current US$ | -49.2% |
| 2021 | 20.44 billion current US$ | +65.8% |
| 2022 | 29.35 billion current US$ | +43.6% |
| 2023 | 17.08 billion current US$ | -41.8% |
| 2024 | 16.37 billion current US$ | -4.2% |
Angola compared with similar countries
- Angola's 16.37 billion current US$ is above the median for lower middle income countries, which is 4.69 billion current US$, 3.5× the median. (45 countries reporting)
- Angola's 16.37 billion current US$ is above the median for Sub-Saharan Africa, which is 3.44 billion current US$, 4.8× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.54 billion current US$ | 5.01 billion current US$ | 37.87 billion current US$ | 8 |
| 2010s | 33.96 billion current US$ | 16.22 billion current US$ | 53.98 billion current US$ | 10 |
| 2020s | 19.11 billion current US$ | 12.33 billion current US$ | 29.35 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 savings in Angola?
- Gross savings in Angola was 16.37 billion current US$ 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 53.98 billion current US$ in 2012.
- What is the lowest gross savings recorded in Angola?
- The lowest recorded value was 5.01 billion current US$ in 2002.
- How does Angola rank for gross savings?
- Angola ranks 79th out of 178 countries with data for 2024.
- Is gross savings rising or falling in Angola?
- Over the last ten years it is down 59.8%. 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 US$). 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 indicator is expressed in United States dollars.