External borrowing, net in Angola
Angola: External borrowing, net was -94.56 billion current LCU in 2011. ◆ Volatile
External borrowing, net in Angola, 1985–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for external borrowing, net in Angola is -94.56 billion current LCU, measured in 2011. That is the lowest value across all 27 years on record.
That represents a change of down 513.9% on the previous year and down 816.6% over ten years.
Over the whole period, external borrowing, net in Angola peaked at 218.58 billion current LCU in 2008 and was at its lowest, -94.56 billion current LCU, in 2011.
Angola ranks 45th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Angola, year by year
| Year | current LCU | Change |
|---|---|---|
| 1985 | -5.09 current LCU | — |
| 1986 | -2.49 current LCU | -51.0% |
| 1987 | -0.6029 current LCU | -75.8% |
| 1988 | 9.44 current LCU | -1666.5% |
| 1989 | 8.32 current LCU | -11.9% |
| 1990 | 12.09 current LCU | +45.3% |
| 1991 | 13.12 current LCU | +8.5% |
| 1992 | 31.99 current LCU | +143.9% |
| 1993 | -2,349 current LCU | -7443.4% |
| 1994 | 45,534 current LCU | -2038.5% |
| 1995 | 2.32 million current LCU | +4987.6% |
| 1996 | -73.25 million current LCU | -3262.1% |
| 1997 | 122.01 million current LCU | -266.6% |
| 1998 | -323.56 million current LCU | -365.2% |
| 1999 | 348.54 million current LCU | -207.7% |
| 2000 | -4.29 billion current LCU | -1329.5% |
| 2001 | -10.32 billion current LCU | +140.7% |
| 2002 | -24.16 billion current LCU | +134.1% |
| 2003 | 36.21 billion current LCU | -249.9% |
| 2004 | 89.56 billion current LCU | +147.4% |
| 2005 | -91.15 billion current LCU | -201.8% |
| 2006 | -87.60 billion current LCU | -3.9% |
| 2007 | 45.32 billion current LCU | -151.7% |
| 2008 | 218.58 billion current LCU | +382.3% |
| 2009 | 95.42 billion current LCU | -56.3% |
| 2010 | -15.40 billion current LCU | -116.1% |
| 2011 | -94.56 billion current LCU | +513.9% |
Angola compared with similar countries
- Angola's -94.56 billion current LCU is below the median for lower middle income countries, which is 3.27 billion current LCU. (24 countries reporting)
- Angola's -94.56 billion current LCU is below the median for Sub-Saharan Africa, which is 9.40 billion current LCU. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net 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 |
|---|---|---|---|
| 1993 | -7443.4% | 31.99 current LCU | -2,349 current LCU |
| 1995 | +4987.6% | 45,534 current LCU | 2.32 million current LCU |
| 1996 | -3262.1% | 2.32 million current LCU | -73.25 million current LCU |
| 1994 | +2038.5% | -2,349 current LCU | 45,534 current LCU |
| 1988 | +1666.5% | -0.6029 current LCU | 9.44 current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.91 current LCU | -5.09 current LCU | 9.44 current LCU | 5 |
| 1990s | 7.61 million current LCU | -323.56 million current LCU | 348.54 million current LCU | 10 |
| 2000s | 26.76 billion current LCU | -91.15 billion current LCU | 218.58 billion current LCU | 10 |
| 2010s | -54.98 billion current LCU | -94.56 billion current LCU | -15.40 billion current LCU | 2 |
Countries ranked near Angola
More science & technology data for Angola
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 69.7 (2024)
- Mobile cellular subscriptions by country, per capita 0.697 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0003 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 26.41 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 20.65 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -0.4969 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 2.58 % change on previous year (2024)
- Scientific and technical journal articles 50.27 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Angola?
- External borrowing, net in Angola was -94.56 billion current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Angola?
- The highest recorded value was 218.58 billion current LCU in 2008.
- What is the lowest external borrowing, net recorded in Angola?
- The lowest recorded value was -94.56 billion current LCU in 2011.
- How does Angola rank for external borrowing, net?
- Angola ranks 45th out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Angola?
- Over the last ten years it is down 816.6%. The long-run trend across the full record is volatile.
- Where does this Angola data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.