Insurance and financial services in Angola
Angola: Insurance and financial services was 6.8% in 2025. ◆ Volatile
Insurance and financial services in Angola, 1985–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service imports, BoP.
Analysis
The most recent figure for insurance and financial services in Angola is 6.8%, measured in 2025.
Compared with earlier readings it is down 7.6% on the previous year and up 105.9% over ten years.
Over the whole period, insurance and financial services in Angola peaked at 9.2% in 2008 and was at its lowest, 1.4%, in 2012.
Angola ranks 82nd of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Angola, year by year
| Year | % of service imports, BoP | Change |
|---|---|---|
| 1985 | 3.2% | — |
| 1986 | 3.3% | +3.0% |
| 1987 | 3.2% | -4.1% |
| 1988 | 3.2% | +1.6% |
| 1989 | 3.2% | -1.6% |
| 1990 | 1.9% | -40.5% |
| 1991 | 2.7% | +41.0% |
| 1992 | 2.5% | -5.2% |
| 1993 | 2.1% | -15.9% |
| 1994 | 2.3% | +9.6% |
| 1995 | 2.2% | -5.8% |
| 1996 | 2.0% | -8.2% |
| 1997 | 2.2% | +10.7% |
| 1998 | 2.6% | +15.5% |
| 1999 | 2.3% | -8.6% |
| 2000 | 2.3% | -0.5% |
| 2001 | 2.6% | +13.3% |
| 2002 | 3.8% | +45.4% |
| 2003 | 5.0% | +30.5% |
| 2004 | 4.9% | -3.2% |
| 2005 | 1.8% | -63.8% |
| 2006 | 5.6% | +217.7% |
| 2007 | 4.5% | -19.7% |
| 2008 | 9.2% | +104.5% |
| 2009 | 4.0% | -56.1% |
| 2010 | 5.8% | +43.6% |
| 2011 | 2.1% | -64.0% |
| 2012 | 1.4% | -34.6% |
| 2013 | 4.1% | +197.8% |
| 2014 | 2.0% | -50.3% |
| 2015 | 3.3% | +63.0% |
| 2016 | 5.0% | +52.8% |
| 2017 | 5.6% | +10.1% |
| 2018 | 7.7% | +38.7% |
| 2019 | 6.1% | -21.4% |
| 2020 | 9.0% | +48.1% |
| 2021 | 8.5% | -4.8% |
| 2022 | 5.9% | -30.5% |
| 2023 | 7.3% | +22.5% |
| 2024 | 7.3% | +1.1% |
| 2025 | 6.8% | -7.6% |
Angola compared with similar countries
- Angola's 6.8% is above the median for lower middle income countries, which is 6.5%, 1.0× the median. (47 countries reporting)
- Angola's 6.8% is above the median for Sub-Saharan Africa, which is 6.5%, 1.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Angola changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +217.7% | 1.8% | 5.6% |
| 2013 | +197.8% | 1.4% | 4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.2% | 3.2% | 3.3% | 5 |
| 1990s | 2.3% | 1.9% | 2.7% | 10 |
| 2000s | 4.4% | 1.8% | 9.2% | 10 |
| 2010s | 4.3% | 1.4% | 7.7% | 10 |
| 2020s | 7.5% | 5.9% | 9.0% | 6 |
Countries ranked near Angola
- 79 Saint Lucia 7.4% compare
- 80 Thailand 7.1% compare
- 81 Zimbabwe 7.0% compare
- 83 Netherlands 6.6% compare
- 84 Mauritius 6.6% compare
- 85 Mozambique 6.6% 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)
- 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 insurance and financial services in Angola?
- Insurance and financial services in Angola was 6.8% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Angola?
- The highest recorded value was 9.2% in 2008.
- What is the lowest insurance and financial services recorded in Angola?
- The lowest recorded value was 1.4% in 2012.
- How does Angola rank for insurance and financial services?
- Angola ranks 82nd out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Angola?
- Over the last ten years it is up 105.9%. The long-run trend across the full record is volatile.
- Where does this Angola data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service imports, BoP). Statizoid updates them automatically from the source API.
Download this data
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About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service imports which are services provided by non-residents to residents.