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Angola External Debt

Total external debt stocks  DT.DOD.DECT.CD

Angola's external debt was $54.9B in 2025, ranked 29th globally. This represents a 6.4% decrease from 2024. Data from World Bank, covering 1989–2025.

$54.9B −$3.8B (-6.4%)
Year 2025 Rank #29 Global Peak $66.0B (2021) Source World Bank

Angola External Debt (1989–2025)

Overview

Angola's external debt stood at $54.9B in 2025, a decline of +$3.8B from 2024. Based on recent trends, this figure is projected to reach $54.9B by 2025. Angola ranked 29th globally.

Angola's external debt has experienced significant fluctuations over the past 37 years, with its all-time peak reaching $66,019,700,768.50 in 2021, before declining to $54,948,094,589.46 in 2025. This represents a remarkable shift, considering the country's external debt was a mere $7,288,778,066.30 in 1989. Angola's current ranking of 29 globally is closely mirrored by its peer countries, with Serbia and Senegal holding similar debt levels. The rapid increase in external debt during 2021 can be attributed to various factors, including the impact of the COVID-19 pandemic and the subsequent economic disruptions. The decreasing trend observed in 2025 suggests a gradual shift towards debt reduction, however, a sustained decline would require a stable economic growth and a significant reduction in foreign borrowing. A notable change in the trajectory of Angola's external debt would likely occur if the country successfully diversifies its economy and achieves a more balanced trade position, thereby reducing its reliance on foreign capital.

Data & projection

Year External Debt YoY change Rank
2027* trend $50.5B - -
2026* trend $52.7B - -
2025* trend $54.9B - -
2025 $54.9B −$3.8B #29
2024 $58.7B +$1.5B #93
2023 $57.3B −$3.2B #93
2022 $60.4B −$5.6B #96
2021 $66.0B +$614.5M #99
2020 $65.4B +$3.1B #98
2019 $62.3B +$500.7M #99
2018 $61.8B +$3.0B #100
2017 $58.7B +$1.3B #100
2016 $57.4B +$8.7B #101
2015 $48.8B +$2.8B #101
2014 $45.9B +$2.6B #98
2013 $43.4B +$7.2B #98
2012 $36.2B +$1.5B #97
2011 $34.7B +$7.9B #97
Show all years (1989-2025)
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 28.2% Rate 19.4% Gap -8.8pp Reserves YoY +2.2%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Angola matched the Orthodox Tightening Cycle pattern in 2024. Historically, 57% of countries showing this pattern (177 out of 311) saw external debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Angola's external debt?▾

Angola's external debt was $54.9B in 2025. Ranked 29th globally. This represents a 6.4% decrease from the previous year.

What was the highest external debt in Angola?▾

Angola's external debt peaked at $66.0B in 2021.

What was the lowest external debt in Angola?▾

The lowest external debt in Angola was $7.3B in 1989.

How does Angola rank in external debt?▾

Angola ranks 29th globally in external debt as of 2025.

What is the World Bank indicator code for external debt?▾

The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.

What is the projected external debt of Angola in 2025?▾

Angola's external debt is projected to reach $54.9B by 2025 based on trend extrapolation.

What is Angola's external debt in billion?▾

Angola's external debt was approximately 54.95 billion ($54.9B) in 2025.

What is the external debt of Angola in 2025?▾

The external debt of Angola in 2025 was $54.9B. This ranks 29th in the world.

Cite this page

APA
Angola External Debt. HistorySaid. Retrieved November 8, 2026, from https://historysaid.com/angola/external-debt/
BibTeX
@misc{historysaid_angola_external-debt, title = {Angola External Debt}, url = {https://historysaid.com/angola/external-debt/}, publisher = {HistorySaid}, year = {2026} }
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