Net incurrence of liabilities, total in Angola
Angola: Net incurrence of liabilities, total was -778.29 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Angola, 1999–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Angola recorded -778.29 billion current LCU for net incurrence of liabilities, total in 2024.
Compared with earlier readings it is down 136.6% on the previous year and down 202.1% over ten years.
Over the whole period, net incurrence of liabilities, total in Angola peaked at 4.14 trillion current LCU in 2017 and was at its lowest, -1.65 trillion current LCU, in 2019.
Angola ranks 135th of 136 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -159.30 million current LCU | -159.30 million current LCU | -159.30 million current LCU | 1 |
| 2000s | 41.42 billion current LCU | -42.18 billion current LCU | 156.85 billion current LCU | 10 |
| 2010s | 797.89 billion current LCU | -1.65 trillion current LCU | 4.14 trillion current LCU | 10 |
| 2020s | 54.09 billion current LCU | -778.29 billion current LCU | 2.12 trillion current LCU | 5 |
Countries ranked near Angola
More public sector data for Angola
- Arms imports 16.00 million SIPRI trend indicator values (2024)
- Tax revenue 7.6% (2024)
- Taxes on income, profits and capital gains 29.1% (2024)
- Taxes on goods and services 9.4% (2024)
- Net investment in nonfinancial assets 3.3% (2024)
- Net lending (+) / net borrowing (-) -1.3% (2024)
- Interest payments 25.2% (2024)
- Grants and other revenue 58.4% (2024)
- Interest payments 31.9% (2019)
- Other taxes 0.5% (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Angola?
- Net incurrence of liabilities, total in Angola was -778.29 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Angola?
- The highest recorded value was 4.14 trillion current LCU in 2017.
- What is the lowest net incurrence of liabilities, total recorded in Angola?
- The lowest recorded value was -1.65 trillion current LCU in 2019.
- How does Angola rank for net incurrence of liabilities, total?
- Angola ranks 135th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Angola?
- Over the last ten years it is down 202.1%. The long-run trend across the full record is volatile.
- Where does this Angola data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.