Angola's adjusted savings, net national savings (current US$) was US$22.01 billion in 2021, the latest year in the World Bank's World Development Indicators. That is down 35.1% from US$33.92 billion in 2011 (4.23% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$22.01 billion | 2021 |
| Five years earlier | US$7.97 billion | 2016 |
| Ten years earlier | US$33.92 billion | 2011 |
| Highest | US$37.6 billion | 2012 |
| Lowest | US$822.55 million | 2001 |
| Average since 2012 | US$19.99 billion | 2012–2021 |
| First recorded | US$3.12 billion |
What the numbers say
In 2021, Angola's adjusted savings, net national savings (current US$) rose 81.9% on 2020 (from US$12.1 billion to US$22.01 billion).
Across the 20 yearly changes before that (2001 to 2020), the average change was +27.2% and a typical year strayed about 85.3% from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 331.5% in 2002 and the biggest yearly fall was 73.7% in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is downward, about US$2.13 billion a year. A straight line explains 39% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Angola had the 43rd highest value of the 132 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Angola in the 2021 ranking
- Morocco — 39th of 132: US$26.96 billion
- United Kingdom — 40th of 132: US$24.97 billion
- Peru — 41st of 132: US$24.96 billion
- Malaysia — 43rd of 132: US$20.14 billion
- Dominican Republic — 44th of 132: US$19.86 billion
- Ethiopia — 45th of 132: US$19.75 billion
What this measures
Net national savings are equal to gross national savings less the value of consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 22 values
| Year | Adjusted savings, net national savings (current US$) |
|---|---|
| 2021 | 22,010,083,433 |
| 2020 | 12,098,673,625 |
| 2019 | 17,366,898,281 |
| 2018 | 13,996,624,864 |
| 2017 | 10,556,144,868 |
| 2016 | 7,971,322,793 |
| 2015 | 14,686,552,692 |
| 2014 | 30,751,101,837 |
| 2013 | 32,876,016,393 |
| 2012 | 37,602,827,313 |
Adjusted savings, net national savings (current US$) in nearby economies
- Benin — US$1.68 billion (2020)
- Botswana — US$434.8 million (2021)
- Burkina Faso — US$1.53 billion (2019)
- Burundi — −US$226.97 million (2018)
- Cabo Verde — US$402.43 million (2021)
- Cameroon — US$1.35 billion (2021)
- Comoros — US$88.76 million (2021)
- Congo, Dem. Rep. — US$10.99 billion (2021)
- Congo, Rep. — −US$938.81 million (2020)
More economic policy & debt data for Angola
- Net official development assistance and official aid received (current US$) — US$147.17 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$147.17 million (2023)
- Net official development assistance received (current US$) — US$147.17 million (2023)
- Net official development assistance received (constant 2023 US$) — US$147.17 million (2023)
- Net ODA received per capita (current US$) — US$4 (2023)
- Grants, excluding technical cooperation (BoP, current US$) — US$184.93 million (2023)
- Technical cooperation grants (BoP, current US$) — US$46.66 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$154.24 million (2023)
Reading data like this
Questions people ask
- What is Angola's adjusted savings, net national savings (current US$)?
- US$22.01 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 2000?
- It is up 604.8% from US$3.12 billion in 2000 (9.74% a year on average, compounded). The highest value was US$37.6 billion in 2012 and the lowest US$822.55 million in 2001.
- How does Angola rank?
- 43rd highest of 132 economies with data for 2021.
- Is the latest change in adjusted savings, net national savings (current US$) unusual for Angola?
- In 2021, Angola's adjusted savings, net national savings (current US$) rose 81.9% on 2020 (from US$12.1 billion to US$22.01 billion). Across the 20 yearly changes before that (2001 to 2020), the average change was +27.2% and a typical year strayed about 85.3% from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.ADJ.NNAT.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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