External Debt in Angola

Angola External Debt | Economic News & Forecasts

Angola - External Debt

Available indicators suggest that weak dynamics persisted at the outset of the year, after the economy likely contracted in Q4 2018. Although the economic activity index edged up in January, which mainly reflected the softer decline of activity in the all-important oil industry, it remains firmly entrenched in negative territory. In the same month, oil exports plunged on an annual basis, contributing to the first monthly trade deficit in a year. Furthermore, the non-oil economy lost momentum yet again, with annual growth in activity falling to a seven-month low in January. Meanwhile, after oil production dipped to its lowest level in over a decade in February, it inched back up in March; however, the quarterly average came notably below that of Q4, hinting that overall economic conditions remained frail in Q1.

Angola - External Debt Data

2013  2014  2015  2016  2017  
External Debt (% of GDP)20.6  24.7  31.5  42.6  -     

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Angola External Debt Chart

Angola External Debt
Note: External debt as % of GDP.
Source: World Bank

Angola Facts

Exchange Rate324.50.0 %May 13
Stock Market0.10.0 %May 13

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