Angola - External balance on goods and services

External balance on goods and services (current US$)

The latest value for External balance on goods and services (current US$) in Angola was $5,060,530,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $25,713,220,000 in 2012 and ($3,926,557,000) in 2015.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 $2,448,984,000
2001 $39,505,690
2002 $1,355,565,000
2003 $844,580,200
2004 $3,104,341,000
2005 $9,043,668,000
2006 $16,924,600,000
2007 $18,112,420,000
2008 $20,882,140,000
2009 ($3,467,223,000)
2010 $15,890,560,000
2011 $23,875,360,000
2012 $25,713,220,000
2013 $20,072,070,000
2014 $14,654,470,000
2015 ($3,926,557,000)
2016 $2,911,167,000
2017 $7,023,803,000
2018 $15,501,440,000
2019 $12,875,250,000
2020 $5,060,530,000

External balance on goods and services (current LCU)

The value for External balance on goods and services (current LCU) in Angola was 2,926,300,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 4,697,220,000,000 in 2019 and a minimum value of -471,425,000,000 in 2015.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 24,589,020,000
2001 871,412,600
2002 59,008,000,000
2003 63,011,000,000
2004 259,341,000,000
2005 788,238,000,000
2006 1,360,200,000,000
2007 1,389,330,000,000
2008 1,566,860,000,000
2009 -275,049,000,000
2010 1,460,430,000,000
2011 2,242,730,000,000
2012 2,454,790,000,000
2013 1,937,320,000,000
2014 1,440,570,000,000
2015 -471,425,000,000
2016 476,431,000,000
2017 1,165,360,000,000
2018 3,919,630,000,000
2019 4,697,220,000,000
2020 2,926,300,000,000

External balance on goods and services (constant LCU)

The value for External balance on goods and services (constant LCU) in Angola was 259,667,000,000 as of 2020. As the graph below shows, over the past 18 years this indicator reached a maximum value of 259,667,000,000 in 2020 and a minimum value of 22,982,010,000 in 2003.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2002 59,008,000,000
2003 22,982,010,000
2004 46,964,490,000
2005 99,128,790,000
2006 146,806,000,000
2007 211,335,000,000
2008 197,314,000,000
2009 179,665,000,000
2010 228,553,000,000
2011 136,255,000,000
2012 172,762,000,000
2013 139,875,000,000
2014 174,872,000,000
2015 199,914,000,000
2016 189,693,000,000
2017 164,061,000,000
2018 224,083,000,000
2019 228,155,000,000
2020 259,667,000,000

External balance on goods and services (% of GDP)

External balance on goods and services (% of GDP) in Angola was 8.67 as of 2020. Its highest value over the past 20 years was 32.31 in 2006, while its lowest value was -4.93 in 2009.

Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 26.82
2001 0.44
2002 8.87
2003 4.74
2004 13.18
2005 24.46
2006 32.31
2007 27.75
2008 23.59
2009 -4.93
2010 18.96
2011 21.36
2012 20.08
2013 14.68
2014 10.06
2015 -3.38
2016 2.88
2017 5.75
2018 15.29
2019 14.40
2020 8.67

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts