Net incurrence of liabilities, total (% of GDP) in Angola
Angola: Net incurrence of liabilities, total (% of GDP) was -0.7% 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 % of GDP.
Analysis
In 2024, net incurrence of liabilities, total in Angola stood at -0.7%.
The figure is down 127.3% on the previous year and down 115.9% over ten years.
Over the whole period, net incurrence of liabilities, total in Angola peaked at 17.6% in 2017 and was at its lowest, -15.5%, in 2000.
Angola ranks 128th 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.
Net incurrence of liabilities, total (% of GDP) in Angola, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1999 | -0.9% | — |
| 2000 | -15.5% | +1570.2% |
| 2001 | -4.4% | -71.7% |
| 2002 | 1.2% | -126.7% |
| 2003 | 10.3% | +782.9% |
| 2004 | -0.2% | -101.9% |
| 2005 | 0.1% | -140.2% |
| 2006 | -0.9% | -1220.0% |
| 2007 | 2.3% | -358.6% |
| 2008 | 1.1% | -53.7% |
| 2009 | 1.6% | +52.7% |
| 2010 | -2.2% | -236.7% |
| 2011 | -1.5% | -33.5% |
| 2012 | -1.3% | -15.5% |
| 2013 | 2.5% | -295.4% |
| 2014 | 4.7% | +92.1% |
| 2015 | 5.9% | +24.5% |
| 2016 | 17.1% | +191.6% |
| 2017 | 17.6% | +2.7% |
| 2018 | 2.5% | -86.0% |
| 2019 | -4.8% | -293.0% |
| 2020 | -2.0% | -57.2% |
| 2021 | 0.4% | -119.2% |
| 2022 | -0.8% | -300.6% |
| 2023 | 2.7% | -450.4% |
| 2024 | -0.7% | -127.3% |
Angola compared with similar countries
- Angola's -0.7% is below the median for lower middle income countries, which is 2.9%. (34 countries reporting)
- Angola's -0.7% is below the median for Sub-Saharan Africa, which is 3.9%. (33 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (% of GDP) 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 |
|---|---|---|---|
| 2000 | -1570.2% | -0.9% | -15.5% |
| 2006 | -1220.0% | 0.1% | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.9% | -0.9% | -0.9% | 1 |
| 2000s | -0.4% | -15.5% | 10.3% | 10 |
| 2010s | 4.0% | -4.8% | 17.6% | 10 |
| 2020s | -0.1% | -2.0% | 2.7% | 5 |
Countries ranked near Angola
- 125 Bolivia -0.3% compare
- 126 Iraq -0.4% compare
- 127 Saint Lucia -0.6% compare
- 129 Jamaica -0.9% compare
- 130 Saint Kitts and Nevis -1.0% compare
- 131 Seychelles -1.2% compare
More public sector data for Angola
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 84.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.4223 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 6.67 % change on previous year (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Angola?
- Net incurrence of liabilities, total in Angola was -0.7% 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 17.6% in 2017.
- What is the lowest net incurrence of liabilities, total recorded in Angola?
- The lowest recorded value was -15.5% in 2000.
- How does Angola rank for net incurrence of liabilities, total?
- Angola ranks 128th 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 115.9%. 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 (% of GDP). Statizoid updates them automatically from the source API.
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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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.