External balance on goods and services in Angola

Angola: External balance on goods and services was -919.98 billion constant LCU in 2024. ◆ Volatile

Latest (2024)
-919.98 billion constant LCU
Change on year
down 4.8%
World rank
136th
of 161 countries
All-time high
335.68 billion constant LCU
in 2019
All-time low
-919.98 billion constant LCU
in 2024
Years of data
10
2015–2024

External balance on goods and services in Angola, 2015–2024

-1.0T-500.0B0500.0B2015201920242015: -423.9B constant LCU2016: -56.8B constant LCU2017: -577.0B constant LCU2018: -804.4B constant LCU2019: 335.7B constant LCU2020: 63.2B constant LCU2021: -378.0B constant LCU2022: -826.4B constant LCU2023: -877.6B constant LCU2024: -920.0B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

In 2024, external balance on goods and services in Angola stood at -919.98 billion constant LCU. That is the lowest value across all 10 years on record.

The figure is down 4.8% on the previous year and down 117.0% over ten years.

Over the whole period, external balance on goods and services in Angola peaked at 335.68 billion constant LCU in 2019 and was at its lowest, -919.98 billion constant LCU, in 2024.

That places Angola 136th out of 161 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s -305.28 billion constant LCU -804.37 billion constant LCU 335.68 billion constant LCU 5
2020s -587.76 billion constant LCU -919.98 billion constant LCU 63.23 billion constant LCU 5

Countries ranked near Angola

  1. 133 Kenya -798.44 billion constant LCU compare
  2. 134 Nepal -845.59 billion constant LCU compare
  3. 135 Malawi -879.87 billion constant LCU compare
  4. 137 United States -984.55 billion constant LCU compare
  5. 138 Algeria -1.32 trillion constant LCU compare
  6. 139 Mexico -1.32 trillion constant LCU compare

See the full ranking of 161 places →

More economy & growth data for Angola

All data for Angola →

Frequently asked questions

What is external balance on goods and services in Angola?
External balance on goods and services in Angola was -919.98 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest external balance on goods and services recorded in Angola?
The highest recorded value was 335.68 billion constant LCU in 2019.
What is the lowest external balance on goods and services recorded in Angola?
The lowest recorded value was -919.98 billion constant LCU in 2024.
How does Angola rank for external balance on goods and services?
Angola ranks 136th out of 161 countries with data for 2024.
Is external balance on goods and services rising or falling in Angola?
Over the last ten years it is down 117.0%. 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 External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.

Download this data

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About this data

Indicator
External balance on goods and services (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
161 places, 3,197 data points, 1960–2025
Last refreshed

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. 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.