🇦🇴 Angola
Public Sector Debt · 2026
Total Debt
68.9%
of GDP
Global Rank
#67
of 192
Interest Burden
28%
of govt revenue
S&P Rating
B-
Credit rating
SOE Debt
+5.7%
2 categories
5yr Change
-57pp
improving
Where the Debt Sits
Central Government
Central Government: 63.2%Energy SOEs: 5.2%Infrastructure: 0.5%
Full Debt Breakdown
Central Government63.2% of GDP
Central GovernmentIMF WEO — General Government Debt
63.2%Energy SOEs5.2% of GDP
Sonangol (state oil company)Sonangol 2024 Consolidated Financial ReportFinancial debt $4.12B at end-2024
3.7%ENDE / PRODEL (electricity sector)IMF 2024 Article IVHigh technical losses ~35%
1.5%Infrastructure SOEs0.5% of GDP
TAAG Angola AirlinesIMF 2024 Article IVAnnual loss ~$120M. Privatization planned 2026
0.5%Total Corporate Debt8.4% of GDP
NF corporate debt (est.)WB WDI 2020
8.4%Household Debt4.5% of GDP
Household debt (est.)WB WDI 2020
4.5%All Layers Total81.8%
Credit Ratings
S&P
B-
Moody's
B3
Fitch
B-
Data Sources
IMF WEO — General Government Debtgeneral_government · Updated semi_annual
Dec 202663.2% GDP
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