Budget balance — all countries

Budget balance — Angola

Budget balance in Angola in 2031 — -3.9%. Ranked 147 in the world out of 188. Since 1996, the indicator has fallen by 9.1 pp.

2031 -3.9% −0.1 pp vs 2030
World rank 147of 188
Period maximum 8.4%2006
Period minimum -9.4%1999

Trend over time

1996–2031 · % of GDP

Budget balance — Angola, 1996–2031-10-5051019962000200420082012201620202024202820311996: 5.2%1997: -0.3%1998: -5.9%1999: -9.4%2000: 2%2001: 2.8%2002: -2.2%2003: -4.1%2004: 1%2005: 6.4%2006: 8.4%2007: 3.8%2008: -3.8%2009: -6.8%2010: 3%2011: 7.2%2012: 3.7%2013: -0.3%2014: -5.1%2015: -2.6%2016: -3.9%2017: -5.7%2018: 2%2019: -0.2%2020: -3%2021: 1.4%2022: 1.8%2023: -2.5%2024: -1.2%2025: -4.1%2026: -2.4%2027: -3.6%2028: -3.9%2029: -4%2030: -3.8%2031: -3.9%
Change over the period: −9.1 pp Annual average: -0.26 pp

Comparison, 2031

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

Angola -3.9%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Middle Africa computed -2.47%
Budget balance — Angola, by year Angola All countries CSV XLSX
Year % Change, pp
2031 -3.9 −0.1 pp
2030 -3.8 +0.2 pp
2029 -4 −0.1 pp
2028 -3.9 −0.3 pp
2027 -3.6 −1.2 pp
2026 -2.4 +1.7 pp
2025 -4.1 −2.9 pp
2024 -1.2 +1.3 pp
2023 -2.5 −4.3 pp
2022 1.8 +0.4 pp
2021 1.4 +4.4 pp
2020 -3 −2.8 pp
2019 -0.2 −2.2 pp
2018 2 +7.7 pp
2017 -5.7 −1.8 pp
2016 -3.9 −1.3 pp
2015 -2.6 +2.5 pp
2014 -5.1 −4.8 pp
2013 -0.3 −4 pp
2012 3.7 −3.5 pp
2011 7.2 +4.2 pp
2010 3 +9.8 pp
2009 -6.8 −3 pp
2008 -3.8 −7.6 pp
2007 3.8 −4.6 pp
2006 8.4 +2 pp
2005 6.4 +5.4 pp
2004 1 +5.1 pp
2003 -4.1 −1.9 pp
2002 -2.2 −5 pp
2001 2.8 +0.8 pp
2000 2 +11.4 pp
1999 -9.4 −3.5 pp
1998 -5.9 −5.6 pp
1997 -0.3 −5.5 pp
1996 5.2

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.