Angola: public finances

What is Angola's government debt?

Angola's general government gross debt was an estimated 52.9% of GDP in 2025, according to the IMF's World Economic Outlook figures, read on 15 October 2026. The IMF projects 51.5% for 2026, after 75.7% in 2023 and 55.0% in 2024.

Gross debt is everything the government owes, at home and abroad, as a share of the economy. The Ministry of Finance site (minfin.gov.ao) showed a maintenance page on 15 October 2026.

Official sources: IMF DataMapper: government debt, Angola

Does Angola have a budget deficit?

Angola's general government deficit was an estimated 4.1% of GDP in 2025, and the IMF projects 4.7% for 2026, according to its World Economic Outlook figures, read on 15 October 2026. The deficit was 2.4% in 2023 and 1.0% in 2024.

Net lending or borrowing is revenue minus spending; a negative figure, shown here as a deficit, means the government spent more than it took in. The Ministry of Finance site (minfin.gov.ao) showed a maintenance page on 15 October 2026.

Official sources: IMF DataMapper: government net lending/borrowing, Angola

How much tax does Angola collect?

Angola's tax revenue was 7.6% of GDP in 2024, according to IMF government finance data on World Bank Open Data, read on 15 October 2026.

Tax revenue here covers compulsory transfers to central government, such as income, profit, goods and services and trade taxes. It excludes fines, fees and other non-tax revenue. The tax administration site (agt.minfin.gov.ao) showed a maintenance page on 15 October 2026.

Official sources: World Bank: tax revenue, Angola

What is Angola's debt to GDP ratio?

According to the IMF, general government gross debt in Angola was 52.9% of GDP in 2025. Since 2005 it has ranged from 16.7% of GDP (2006) to 119.8% of GDP (2020). Across Sub-Saharan Africa the middle value was 53.0% of GDP, and Angola placed 24th highest of 46. Of 185 countries with 2025 data, 94th highest.

Does Angola's government borrow more than it raises?

The latest figure from the IMF, for 2025, is -4.1% of GDP, which is a deficit. The peak was 8.4% of GDP in 2006 and the low -6.8% of GDP in 2009. Across Sub-Saharan Africa the middle value was -3.0% of GDP, and Angola placed 32nd highest of 47. Worldwide: 133rd of 188.

How much does Angola's government take in?

14.9% of GDP: that is general government revenue in Angola for 2025, according to the IMF. No year since 2005 has been lower. Sub-Saharan Africa median: 18.4% of GDP; Angola is 34th highest of 47. Worldwide: 166th of 187.

How much does Angola's government spend?

The IMF puts general government spending in Angola at 19.0% of GDP in 2025. Since 2005 it has ranged from 17.8% of GDP (2018) to 47.2% of GDP (2008). It is 30th highest of 46 in Sub-Saharan Africa, where the median is 20.8% of GDP. Of 186 countries with 2025 data, 159th highest.

What is Angola's tax to GDP ratio?

In 2024, central government tax revenue in Angola was 7.6% of GDP, according to the IMF. It is the bottom of the series, which starts in 2005. It is 14th highest of 16 in Sub-Saharan Africa, where the median is 14.1% of GDP. Of 92 countries with 2024 data, 87th highest.

What is Angola's military budget as a share of GDP?

SIPRI puts military spending in Angola at 1.4% of GDP in 2025. Since 2005 it has ranged from 1.0% of GDP (2024) to 4.7% of GDP (2009). Sub-Saharan Africa median: 1.3% of GDP; Angola is 20th highest of 44. World rank, highest first: 87th of 149.