Insurance and financial services in Angola
Angola: Insurance and financial services was 7.0% in 2025. ▲ Rising
Insurance and financial services in Angola, 1985–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
Angola recorded 7.0% for insurance and financial services in 2025.
The figure is down 7.1% on the previous year and up 104.8% over ten years.
Over the whole period, insurance and financial services in Angola peaked at 10.0% in 2008 and was at its lowest, 1.4%, in 2012.
That places Angola 82nd out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Insurance and financial services in Angola, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1985 | 3.3% | — |
| 1986 | 3.4% | +3.6% |
| 1987 | 3.3% | -2.0% |
| 1988 | 3.3% | -1.2% |
| 1989 | 3.3% | -0.8% |
| 1990 | 2.6% | -18.8% |
| 1991 | 2.8% | +6.4% |
| 1992 | 2.8% | -1.4% |
| 1993 | 2.4% | -15.0% |
| 1994 | 2.5% | +7.9% |
| 1995 | 2.7% | +5.9% |
| 1996 | 2.8% | +3.9% |
| 1997 | 2.8% | +1.2% |
| 1998 | 2.8% | -0.2% |
| 1999 | 2.8% | -1.7% |
| 2000 | 2.8% | -0.0% |
| 2001 | 2.9% | +5.6% |
| 2002 | 4.6% | +57.7% |
| 2003 | 6.0% | +30.1% |
| 2004 | 5.4% | -9.4% |
| 2005 | 1.9% | -64.5% |
| 2006 | 6.1% | +217.2% |
| 2007 | 4.7% | -22.7% |
| 2008 | 10.0% | +110.1% |
| 2009 | 4.3% | -57.3% |
| 2010 | 6.8% | +59.6% |
| 2011 | 2.2% | -67.5% |
| 2012 | 1.4% | -35.2% |
| 2013 | 4.4% | +205.7% |
| 2014 | 2.1% | -52.3% |
| 2015 | 3.4% | +65.1% |
| 2016 | 5.2% | +52.6% |
| 2017 | 5.9% | +13.1% |
| 2018 | 8.0% | +34.0% |
| 2019 | 6.2% | -22.3% |
| 2020 | 9.2% | +49.5% |
| 2021 | 8.9% | -3.8% |
| 2022 | 6.1% | -31.6% |
| 2023 | 7.5% | +23.9% |
| 2024 | 7.6% | +0.6% |
| 2025 | 7.0% | -7.1% |
Angola compared with similar countries
- Angola's 7.0% is above the median for lower middle income countries, which is 6.5%, 1.1× the median. (47 countries reporting)
- Angola's 7.0% is above the median for Sub-Saharan Africa, which is 6.5%, 1.1× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Insurance and financial services in Angola changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +217.2% | 1.9% | 6.1% |
| 2013 | +205.7% | 1.4% | 4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.3% | 3.3% | 3.4% | 5 |
| 1990s | 2.7% | 2.4% | 2.8% | 10 |
| 2000s | 4.9% | 1.9% | 10.0% | 10 |
| 2010s | 4.6% | 1.4% | 8.0% | 10 |
| 2020s | 7.7% | 6.1% | 9.2% | 6 |
Countries ranked near Angola
- 79 Saint Lucia 7.4% compare
- 80 Zimbabwe 7.3% compare
- 81 Thailand 7.1% compare
- 83 Saudi Arabia 6.8% compare
- 84 Mozambique 6.8% compare
- 85 Netherlands 6.6% compare
More private sector data for Angola
- Merchandise trade 38.8% (2025)
- Food imports 15.7% (2024)
- Manufactures imports 62.6% (2024)
- Merchandise imports 14.96 billion current US$ (2025)
- Food exports 0.4% (2024)
- Manufactures exports 1.1% (2024)
- Merchandise exports 32.49 billion current US$ (2025)
- Merchandise exports (current US$), per capita 832.27 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2659 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -17.22 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Angola?
- Insurance and financial services in Angola was 7.0% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Angola?
- The highest recorded value was 10.0% in 2008.
- What is the lowest insurance and financial services recorded in Angola?
- The lowest recorded value was 1.4% in 2012.
- How does Angola rank for insurance and financial services?
- Angola ranks 82nd out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Angola?
- Over the last ten years it is up 104.8%. The long-run trend across the full record is rising.
- Where does this Angola data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.