Angola's risk premium on lending (lending rate minus treasury bill rate, %) was 1.9% in 2024, the latest year in the World Bank's World Development Indicators. That is down 10.2 percentage points from 12.1% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.9% | 2024 |
| Five years earlier | 6.21% | 2019 |
| Ten years earlier | 12.1% | 2014 |
| Highest | 36.09% | 2005 |
| Lowest | -0.54% | 2017 |
| Average since 2015 | 4.48% | 2015–2024 |
| First recorded | 30.16% | 2004 |
What the numbers say
In 2024, Angola's risk premium on lending (lending rate minus treasury bill rate, %) fell 4.5 percentage points on 2023 (from 6.4% to 1.9%).
Across the 15 yearly changes before that (2005 to 2023), the average change was −1.59 percentage points and a typical year strayed about 7.92 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations below 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 9.73 percentage points in 2022 and the biggest yearly fall was 24.44 percentage points in 2006. 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 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
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 9th highest value of the 11 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 2024 ranking
- Papua New Guinea — 5th of 11: 4.06%
- Albania — 6th of 11: 3.37%
- Namibia — 7th of 11: 2.24%
- Eswatini — 9th of 11: 1.67%
- Kenya — 10th of 11: 1.32%
- Egypt, Arab Rep. — 11th of 11: -3.44%
What this measures
Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.
Limitations: Countries use a variety of reporting formats, sample designs, interest compounding formulas, averaging methods, and data presentations for indices and other data series on interest rates. The IMF's Monetary and Financial Statistics Manual does not provide guidelines beyond the general recommendation that such data should reflect market prices and effective (rather than nominal) interest rates and should be representative of the financial assets and markets to be covered. For more information, please see http://www.imf.org/external/pubs/ft/mfs/manual/index.htm.
All 18 values
| Year | Risk premium on lending (lending rate minus treasury bill rate, %) |
|---|---|
| 2024 | 1.9 |
| 2023 | 6.4 |
| 2022 | 9.77 |
| 2021 | 0.038 |
| 2020 | 3.16 |
| 2019 | 6.21 |
| 2018 | 7.55 |
| 2017 | -0.5418 |
| 2016 | 0.6886 |
| 2015 | 9.68 |
| 2014 |
Risk premium on lending (lending rate minus treasury bill rate, %) in nearby economies
- Cabo Verde — 6.44% (2025)
- Eswatini — 1.67% (2024)
- Gambia, The — 8.34% (2025)
- Kenya — 1.32% (2024)
- Lesotho — 4.34% (2024)
- Madagascar — 48.65% (2025)
- Malawi — 21.22% (2024)
- Mauritania — 12.33% (2017)
- Mauritius
More financial sector data for Angola
- DEC alternative conversion factor (LCU per US$) — US$1,058 (2025)
- Official exchange rate (LCU per US$, period average) — US$911.99 (2025)
- GDP deflator (base year varies by country) — 766.8 (2025)
- Inflation, GDP deflator (annual % growth) — 20.49% (2025)
- Consumer price index (2010 = 100) — 1,240 (2025)
- Inflation, GDP deflator, linked series (annual % growth) — 20.49% (2025)
- GDP deflator, linked series (base year varies by country) — 766.8 (2025)
- Inflation, consumer prices (annual % growth) — 20.16% (2025)
- Domestic credit to private sector by banks (% of GDP) — 5.7% (2025)
Reading data like this
Questions people ask
- What is Angola's risk premium on lending (lending rate minus treasury bill rate, %)?
- 1.9% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2004?
- It is down 28.26 percentage points from 30.16% in 2004. The highest value was 36.09% in 2005 and the lowest -0.54% in 2017.
- How does Angola rank?
- 9th highest of 11 economies with data for 2024.
- Is the latest change in risk premium on lending (lending rate minus treasury bill rate, %) unusual for Angola?
- In 2024, Angola's risk premium on lending (lending rate minus treasury bill rate, %) fell 4.5 percentage points on 2023 (from 6.4% to 1.9%). Across the 15 yearly changes before that (2005 to 2023), the average change was −1.59 percentage points and a typical year strayed about 7.92 percentage points from that (the standard deviation). This year's change was 0.4 standard deviations below 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 FR.INR.RISK, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) 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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