Gross savings in Angola
Angola: Gross savings was 17.0% in 2024. ▼ Falling
Gross savings in Angola, 2002–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GNI.
Analysis
The most recent figure for gross savings in Angola is 17.0%, measured in 2024. That is the lowest value across all 23 years on record.
That represents a change of down 2.7% on the previous year and down 39.4% over ten years.
Over the whole period, gross savings in Angola peaked at 47.3% in 2006 and was at its lowest, 17.0%, in 2024.
Angola ranks 125th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Gross savings in Angola, year by year
| Year | % of GNI | Change |
|---|---|---|
| 2002 | 32.0% | — |
| 2003 | 28.7% | -10.2% |
| 2004 | 38.8% | +35.2% |
| 2005 | 44.8% | +15.5% |
| 2006 | 47.3% | +5.6% |
| 2007 | 46.2% | -2.5% |
| 2008 | 44.5% | -3.6% |
| 2009 | 35.8% | -19.5% |
| 2010 | 41.1% | +14.7% |
| 2011 | 40.9% | -0.5% |
| 2012 | 40.5% | -0.9% |
| 2013 | 34.5% | -15.0% |
| 2014 | 28.0% | -18.7% |
| 2015 | 22.1% | -21.0% |
| 2016 | 28.0% | +26.4% |
| 2017 | 29.7% | +6.1% |
| 2018 | 32.5% | +9.5% |
| 2019 | 32.5% | -0.1% |
| 2020 | 22.8% | -29.9% |
| 2021 | 28.1% | +23.3% |
| 2022 | 24.4% | -13.0% |
| 2023 | 17.4% | -28.6% |
| 2024 | 17.0% | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.8% | 28.7% | 47.3% | 8 |
| 2010s | 33.0% | 22.1% | 41.1% | 10 |
| 2020s | 21.9% | 17.0% | 28.1% | 5 |
Countries ranked near Angola
- 122 Armenia 17.4% compare
- 123 Tonga 17.3% compare
- 124 United Kingdom 17.3% compare
- 126 Syria 16.9% compare
- 127 Burkina Faso 16.9% compare
- 128 United States 16.8% compare
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)
- Industry (including construction), value added (constant 2015 US$) 1.84 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2667 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 834.79 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 1.84 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 41.12 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 128,685 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 24.43 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4683 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross savings in Angola?
- Gross savings in Angola was 17.0% 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 47.3% in 2006.
- What is the lowest gross savings recorded in Angola?
- The lowest recorded value was 17.0% in 2024.
- How does Angola rank for gross savings?
- Angola ranks 125th out of 177 countries with data for 2024.
- Is gross savings rising or falling in Angola?
- Over the last ten years it is down 39.4%. The long-run trend across the full record is falling.
- Where does this Angola data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross savings (% of GNI). 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 as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.