Angola recorded a government debt equivalent to 111 percent of the country's Gross Domestic Product in 2019. source: African Development Bank

Government Debt to GDP in Angola averaged 54.35 percent from 2000 until 2019, reaching an all time high of 111 percent in 2019 and a record low of 16.10 percent in 2007. This page provides - Angola Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola Government Debt to GDP - values, historical data and charts - was last updated on October of 2021.

Government Debt to GDP in Angola is expected to reach 115.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Government Debt to GDP is projected to trend around 108.00 percent of GDP in 2022 and 97.00 percent of GDP in 2023, according to our econometric models.

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Angola Government Debt to GDP

Angola Last Unit Reference Previous Highest Lowest
Government Debt to GDP 120.00 percent of GDP Dec/20 111.00 120.00 16.10
Government Budget -2.50 percent of GDP Dec/20 0.80 11.40 -7.00

Angola Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.