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Angola Trade (% GDP)

Angola's trade (% GDP) fell to 62.3% in 2024, down from 67% in 2023, according to World Bank. This represents a decrease of 4.7% from the previous year. Angola has trade (% GDP) lower than the global median (62.30% vs median 84.49%). Compared with the median in Africa, Angola is lower (62.30% vs regional median 62.95%) and ranks 26th out of 48 countries in Africa.

Yearly Historical Data (2002-2024)

(in %)
Year Trade (% GDP)
2024 62.3%
2023 67%
2022 69.69%
2021 74.46%
2020 65.94%
2019 57.83%
2018 66.38%
2017 52.26%
2016 53.37%
2015 62.89%
2014 79.33%
2013 86.81%
2012 91.8%
2011 99.98%
2010 104.12%
2009 122.45%
2008 121.36%
2007 108.06%
2006 94.63%
2005 106.59%
2004 103.58%
2003 103.9%
2002 105.3%
Angola Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Angola divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $39.51B $51.27B 2023
Annual Imports $15.7B $17.8B 2023
Exports (% GDP) 37.88% 40.83% 2024
FDI Inflows (% GDP) -0.17% -2.5% 2024
Imports (% GDP) 24.41% 26.17% 2024
Net Trade (Goods & Services, BoP) $14.24B $13.27B 2024
Tariff Rate 11.59% 12.03% 2022