Angola: Trade openness

* indicates monthly or quarterly data series
 Angola

Trade openness: exports plus imports as percent of GDP

 Latest value 67.04
 Year 2023
 Measure percent
 Data availability 2002 - 2023
 Average 86.26
 Min - Max 52.26 - 122.45
 Source The World Bank
The latest value from 2023 is 67.04 percent, a decline from 69.69 percent in 2022. In comparison, the world average is 95.00 percent, based on data from 154 countries. Historically, the average for Angola from 2002 to 2023 is 86.26 percent. The minimum value, 52.26 percent, was reached in 2017 while the maximum of 122.45 percent was recorded in 2009. See the global rankings for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Angola - Trade openness - Recent values chart

Historical series
Angola - Trade openness - historical chart - 2002-2023




Definition: Exports plus imports as percent of GDP.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 111.81 2021 percent
 Trade openness 67.04 2023 percent
 Financial openness -1.931 2021 index points
 Exports, percent of GDP 39.87 2023 percent
 Exports, billion dollars 34.66 2023 billion U.S. dollars
 Growth of exports -2.42 2023 percent
 Imports, percent of GDP 26.66 2023 percent
 Imports, billion dollars 22.21 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -2.50 2023 percent
 Foreign Direct Investment, billion dollars -2.12 2023 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2023 million dollars (current)
 Current account, percent of GDP 3.90 2023 percent
 Current account, in dollars 4.18 2023 billion U.S. dollars
 Trade balance, percent of GDP 13.21 2023 percent
 Trade balance, in dollars 13.27 2023 billion U.S. dollars
 Reserves 13.94 2023 billion U.S. dollars
 Remittances, percent of GDP 0.01 2023 percent
 Remittances 12.07 2023 million U.S. dollars
 Net errors and omissions 1,320.46 2023 million USD
 External debt 60.88 2022 percent
 Short-term external debt 8.65 2023 percent
 Short-term debt to reserves 35.37 2023 percent
 Foreign exchange reserves 14,237.21 12/2024 billion
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