Gross national savings — all countries

Gross national savings — Angola

Gross national savings in Angola in 2024 — 15.9%. Ranked 110 in the world out of 146. Since 2002, the indicator has fallen by 13.1 pp.

2024 15.9% −0.2 pp vs 2023
World rank 110of 146
Period maximum 42.4%2006
Period minimum 15.9%2024

Trend over time

2002–2024 · % of GDP

Gross national savings — Angola, 2002–20241020304050200220052008201120142017202020232002: 28.9%2003: 26.3%2004: 35.2%2005: 40.4%2006: 42.4%2007: 41.4%2008: 38.3%2009: 32.8%2010: 37.6%2011: 37.8%2012: 37.6%2013: 32.2%2014: 26.5%2015: 21.1%2016: 26.7%2017: 28.1%2018: 30.3%2019: 29.9%2020: 21.1%2021: 26.1%2022: 22.9%2023: 16.1%2024: 15.9%
Change over the period: −13.1 pp Annual average: -0.59 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Angola

Angola 15.9%
World 26.1%
Sub-Saharan Africa computed 17.6%
Gross national savings — Angola, by year Angola All countries CSV XLSX
Year % Change, pp
2024 15.9 −0.2 pp
2023 16.1 −6.8 pp
2022 22.9 −3.2 pp
2021 26.1 +5 pp
2020 21.1 −8.8 pp
2019 29.9 −0.4 pp
2018 30.3 +2.2 pp
2017 28.1 +1.4 pp
2016 26.7 +5.6 pp
2015 21.1 −5.4 pp
2014 26.5 −5.7 pp
2013 32.2 −5.4 pp
2012 37.6 −0.2 pp
2011 37.8 +0.1 pp
2010 37.6 +4.8 pp
2009 32.8 −5.5 pp
2008 38.3 −3 pp
2007 41.4 −1 pp
2006 42.4 +1.9 pp
2005 40.4 +5.2 pp
2004 35.2 +9 pp
2003 26.3 −2.7 pp
2002 28.9

Middle Africa, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross national savings as a percent of GDP — what is left of national income after all consumption, private and public. Savings and capital formation differ by the balance of external transactions: a country that saves more than it invests at home exports capital, and one that invests more than it saves imports it. Hence the stable link with the current account balance, which is exactly what this indicator makes visible.

Important: The difference between savings and capital formation is approximately equal to the current account balance — that is an identity of the national accounts, not a coincidence.

Source: World Development Indicators (World Bank), license CC BY 4.0.