Services balance (credit less debit), Net (credits less debits) (US) in Angola
Angola: Services balance (credit less debit), Net (credits less debits) (US) was -8.36 billion in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Angola, 2005–2024
Source: International Monetary Fund.
Analysis
Angola recorded -8.36 billion for services balance (credit less debit), net (credits less debits) in 2024.
That represents a change of up 1.9% on the previous year and up 64.1% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Angola peaked at -5.54 billion in 2020 and was at its lowest, -23.28 billion, in 2014.
That places Angola 178th out of 197 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Angola, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -6.61 billion | — |
| 2006 | -6.03 billion | -8.9% |
| 2007 | -12.33 billion | +104.6% |
| 2008 | -21.81 billion | +76.8% |
| 2009 | -18.55 billion | -15.0% |
| 2010 | -17.90 billion | -3.5% |
| 2011 | -22.94 billion | +28.2% |
| 2012 | -21.36 billion | -6.9% |
| 2013 | -21.75 billion | +1.8% |
| 2014 | -23.28 billion | +7.0% |
| 2015 | -16.02 billion | -31.2% |
| 2016 | -11.91 billion | -25.7% |
| 2017 | -12.81 billion | +7.6% |
| 2018 | -9.46 billion | -26.2% |
| 2019 | -7.72 billion | -18.4% |
| 2020 | -5.54 billion | -28.3% |
| 2021 | -6.96 billion | +25.7% |
| 2022 | -11.21 billion | +61.2% |
| 2023 | -8.53 billion | -24.0% |
| 2024 | -8.36 billion | -1.9% |
Angola compared with similar countries
- Angola's -8.36 billion is below the median for lower middle income countries, which is -329.10 million, 25.4× the median. (46 countries reporting)
- Angola's -8.36 billion is below the median for Sub-Saharan Africa, which is -399.59 million, 20.9× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -13.07 billion | -21.81 billion | -6.03 billion | 5 |
| 2010s | -16.51 billion | -23.28 billion | -7.72 billion | 10 |
| 2020s | -8.12 billion | -11.21 billion | -5.54 billion | 5 |
Countries ranked near Angola
More financial sector data for Angola
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.98 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -0.0035 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0009 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.91 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.98 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -0.0035 % change on previous year (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Angola?
- Services balance (credit less debit), net (credits less debits) in Angola was -8.36 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Angola?
- The highest recorded value was -5.54 billion in 2020.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Angola?
- The lowest recorded value was -23.28 billion in 2014.
- How does Angola rank for services balance (credit less debit), net (credits less debits)?
- Angola ranks 178th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Angola?
- Over the last ten years it is up 64.1%. The long-run trend across the full record is rising.
- Where does this Angola data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.