Angola: Trade (% of GDP)
In , Angola's Trade (% of GDP) was 50.84.
That's down 4.1% from 2023, the highest value since .
The global average for this indicator in 2024 was 92.19 . Angola ranks #122 globally out of 160 reporting countries. Within Sub-Saharan Africa, it ranks #23 of 39.
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2024
Trend (2005–2024)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 108.68
- Trough
- 45.66
- 1-year change
- -4.1%
- 5-year change
- -16.3%
- -3.5% / yr
- 10-year change
- -26.9%
- -3.1% / yr
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 50.8422 | |
| 53.0335 | |
| 55.2548 | |
| 61.5262 | |
| 54.3442 | |
| 60.7148 | |
| 58.9165 | |
| 45.6643 | |
| 47.0156 | |
| 54.9794 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Angola's Trade (% of GDP) in 2024?
- In 2024, Angola's Trade (% of GDP) was 50.84, according to World Bank Open Data.
- Is Angola's Trade (% of GDP) rising or falling?
- Angola's Trade (% of GDP) fell 4.1% from 2023 to 2024.
- How does Angola rank globally on Trade (% of GDP)?
- In 2024, Angola ranked #122 out of 160 countries reporting Trade (% of GDP).
- How does Angola's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2024 was 92.19, so Angola is below the world average. Within Sub-Saharan Africa, it ranks #23 of 39.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.