Angola's PPG, commercial banks (NFL, current US$) was −US$1.26 billion in 2024, the latest year in the World Bank's World Development Indicators. That is down 134.98% from US$3.61 billion in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$1.26 billion | 2024 |
| Five years earlier | −US$503.06 million | 2019 |
| Ten years earlier | US$3.61 billion | 2014 |
| Highest | US$6.76 billion | 2016 |
| Lowest | −US$2.55 billion | 2023 |
| Average since 2015 | US$272.97 million | 2015–2024 |
| First recorded | US$13.1 million |
What the numbers say
In 2024, Angola's PPG, commercial banks (NFL, current US$) rose US$1.29 billion on 2023 (from −US$2.55 billion to −US$1.26 billion).
Across the 30 yearly changes before that (1994 to 2023), the average change was −US$85.6 million and a typical year strayed about US$2.52 billion from that (the standard deviation). This year's change was 0.5 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 US$7.93 billion in 2016 and the biggest yearly fall was US$6.01 billion in 2017. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$461.46 million a year. A straight line explains 30% 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 2024, Angola had the 85th highest value of the 87 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.
| Value | Year | |
|---|---|---|
| Angola | −US$1.26 billion | 2024 |
| Lower middle income | US$7.59 billion | 2024 |
Closest to Angola in the 2024 ranking
- Morocco — 82nd of 87: −US$766.33 million
- Colombia — 83rd of 87: −US$858.59 million
- Egypt, Arab Rep. — 84th of 87: −US$934.75 million
- Brazil — 86th of 87: −US$1.77 billion
- Viet Nam — 87th of 87: −US$1.82 billion
What this measures
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 36 values
| Year | PPG, commercial banks (NFL, current US$) |
|---|---|
| 2024 | -1,261,888,000 |
| 2023 | -2,549,838,000 |
| 2022 | -58,568,000 |
| 2021 | -555,113,000 |
| 2020 | -233,436,000 |
| 2019 | -503,060,000 |
| 2018 | 1,537,639,000 |
| 2017 | 755,953,000 |
| 2016 | 6,764,233,000 |
| 2015 | -1,166,206,000 |
PPG, commercial banks (NFL, current US$) in nearby economies
- Benin — US$461.66 million (2024)
- Burkina Faso — US$62.99 million (2024)
- Cabo Verde — −US$22.14 million (2024)
- Cameroon — US$501.29 million (2024)
- Congo, Dem. Rep. — −US$3.85 million (2024)
- Congo, Rep. — US$0 (2024)
- Côte d'Ivoire — US$375.4 million (2024)
- Eswatini — US$0 (2024)
- Ethiopia — US$8.86 million (2024)
- Gabon — −US$24.12 million (2024)
More economic policy & debt data for Angola
- Net official development assistance and official aid received (current US$) — 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$154.24 million (2023)
Reading data like this
Questions people ask
- What is Angola's PPG, commercial banks (NFL, current US$)?
- −US$1.26 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1989?
- It is down 9,736% from US$13.1 million in 1989. The highest value was US$6.76 billion in 2016 and the lowest −US$2.55 billion in 2023.
- How does Angola rank?
- 85th highest of 87 economies with data for 2024.
- Is the latest change in PPG, commercial banks (NFL, current US$) unusual for Angola?
- In 2024, Angola's PPG, commercial banks (NFL, current US$) rose US$1.29 billion on 2023 (from −US$2.55 billion to −US$1.26 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$85.6 million and a typical year strayed about US$2.52 billion from that (the standard deviation). This year's change was 0.5 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 DT.NFL.PCBK.CD, licensed CC BY 4.0. Original source: International Debt Statistics, 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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