Angola: Net official flows from UN agencies, ILO (current US$)

Key figures

What the numbers say

In 2023, Angola's net official flows from UN agencies, ILO (current US$) fell 70.2% on 2022 (from US$235,212 to US$70,119).

Across the 10 yearly changes before that (2013 to 2022), the average change was −5.7% and a typical year strayed about 24.7% from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 23.2% in 2019 and the biggest yearly fall was 70.2% in 2023. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is downward, about US$49,292 a year. A straight line explains 71% 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 2023, Angola had the 113th highest value of the 127 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 2023 ranking

• Dominica — 110th of 127: US$75,836
• St. Lucia — 111th of 127: US$75,574
• Burundi — 112th of 127: US$71,849
• Tuvalu — 114th of 127: US$55,503
• Belarus — 115th of 127: US$45,724
• St. Vincent and the Grenadines — 116th of 127: US$13,860

What this measures

Net official flows from UN agencies are the net disbursements of total official flows from the UN agencies. Total official flows are the sum of Official Development Assistance (ODA) or official aid and Other Official Flows (OOF) and represent the total disbursements by the official sector at large to the recipient country. Net disbursements are gross disbursements of grants and loans minus repayments of principal on earlier loans. ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. Official aid refers to aid flows from official donors to countries and territories in part II of the DAC list of recipients: more advanced countries of Central and Eastern Europe, the countries of the former Soviet Union, and certain advanced developing countries and territories. Official aid is provided under terms and conditions similar to those for ODA. Part II of the DAC List was abolished in 2005. The collection of data on official aid and other resource flows to Part II countries ended with 2004 data.

Regional and income-group figures are computed by the World Bank as a sum.

All 12 values

Net official flows from UN agencies, ILO (current US$) in nearby economies

• Benin — US$320,679 (2023)
• Botswana — US$951,986 (2023)
• Burkina Faso — US$379,954 (2023)
• Burundi — US$71,849 (2023)
• Cabo Verde — US$728,514 (2023)
• Cameroon — US$2.01 million (2023)
• Central African Republic — US$305,748 (2023)
• Chad — US$379,755 (2023)
• Comoros — US$606,738 (2023)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Angola's net official flows from UN agencies, ILO (current US$)?

US$70,119 in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2012?

It is down 88.53% from US$611,287 in 2012 (17.87% a year on average, compounded). The highest value was US$751,814 in 2013 and the lowest US$70,119 in 2023.

How does Angola rank?

113th highest of 127 economies with data for 2023.

Is the latest change in net official flows from UN agencies, ILO (current US$) unusual for Angola?

In 2023, Angola's net official flows from UN agencies, ILO (current US$) fell 70.2% on 2022 (from US$235,212 to US$70,119). Across the 10 yearly changes before that (2013 to 2022), the average change was −5.7% and a typical year strayed about 24.7% from that (the standard deviation). This year's change was 2.6 standard deviations below that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator DT.NFL.ILOG.CD, licensed CC BY 4.0. Original source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), uri: https://stats.oecd.org/; Geographical Distribution of Financial Flows to Developing Countries, Organisation for Economic Co-operation and Development (OECD), uri: https://stats.oecd.org/; Developmen… 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.