Terms of trade adjustment in Angola
Angola: Terms of trade adjustment was 2.49 trillion constant LCU in 2024. ◆ Volatile
Terms of trade adjustment in Angola, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, terms of trade adjustment in Angola stood at 2.49 trillion constant LCU.
The figure is up 11.1% on the previous year and down 9.7% over ten years.
Over the whole period, terms of trade adjustment in Angola peaked at 6.67 trillion constant LCU in 2006 and was at its lowest, 0 constant LCU, in 2015.
Angola ranks 12th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Angola, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2002 | 2.09 trillion constant LCU | — |
| 2003 | 2.13 trillion constant LCU | +2.2% |
| 2004 | 2.96 trillion constant LCU | +38.7% |
| 2005 | 4.46 trillion constant LCU | +50.8% |
| 2006 | 6.67 trillion constant LCU | +49.8% |
| 2007 | 5.06 trillion constant LCU | -24.3% |
| 2008 | 4.96 trillion constant LCU | -1.8% |
| 2009 | 1.95 trillion constant LCU | -60.7% |
| 2010 | 3.85 trillion constant LCU | +97.5% |
| 2011 | 5.52 trillion constant LCU | +43.3% |
| 2012 | 5.41 trillion constant LCU | -1.9% |
| 2013 | 4.87 trillion constant LCU | -10.0% |
| 2014 | 2.76 trillion constant LCU | -43.4% |
| 2015 | 0 constant LCU | -100.0% |
| 2016 | 410.10 billion constant LCU | — |
| 2017 | 1.57 trillion constant LCU | +282.4% |
| 2018 | 2.89 trillion constant LCU | +84.1% |
| 2019 | 764.03 billion constant LCU | -73.5% |
| 2020 | 709.30 billion constant LCU | -7.2% |
| 2021 | 2.26 trillion constant LCU | +219.2% |
| 2022 | 3.04 trillion constant LCU | +34.3% |
| 2023 | 2.24 trillion constant LCU | -26.3% |
| 2024 | 2.49 trillion constant LCU | +11.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.78 trillion constant LCU | 1.95 trillion constant LCU | 6.67 trillion constant LCU | 8 |
| 2010s | 2.80 trillion constant LCU | 0 constant LCU | 5.52 trillion constant LCU | 10 |
| 2020s | 2.15 trillion constant LCU | 709.30 billion constant LCU | 3.04 trillion constant LCU | 5 |
Countries ranked near Angola
- 9 Kazakhstan 3.77 trillion constant LCU compare
- 10 Cote d'Ivoire 2.94 trillion constant LCU compare
- 11 Laos 2.81 trillion constant LCU compare
- 13 Burkina Faso 2.23 trillion constant LCU compare
- 14 Pakistan 1.65 trillion constant LCU compare
- 15 Paraguay 1.63 trillion constant LCU 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 23.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,049 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.28 million current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.09 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9153 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,864 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.09 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 141.1 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is terms of trade adjustment in Angola?
- Terms of trade adjustment in Angola was 2.49 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Angola?
- The highest recorded value was 6.67 trillion constant LCU in 2006.
- What is the lowest terms of trade adjustment recorded in Angola?
- The lowest recorded value was 0 constant LCU in 2015.
- How does Angola rank for terms of trade adjustment?
- Angola ranks 12th out of 178 countries with data for 2024.
- Is terms of trade adjustment rising or falling in Angola?
- Over the last ten years it is down 9.7%. 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 Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.