Current account balance as a share of GDP in Angola 2014-2029

The current account balance as a share of the GDP in Angola was forecast to continuously decrease between 2024 and 2029 by in total 2.3 percentage points. According to this forecast, in 2029, the share will have decreased for the eighth consecutive year to 1.06 percent.
This indicator expresses the current account balance as a share of the gross domestic product. With regards to the current account balance, the International Monetary Fund states that the current account refers to all transactions other than those in financial and capital items. The gross domestic product, on the other hand, refers to the total value of final goods and services produced during a year.

Find more statistics on other topics about Angola with key insights such as the ratio of government revenue to the gross domestic product, the average inflation rate, and the total population.