Angola in the Lead
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Angola Following Behind
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💸 High Public Debt Burden
In 2023, Angola's public and publicly guaranteed debt service reached 13.84% of its GNI, indicating a significant financial burden on the country's economy.
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💰 High Private Creditor Debt
In 2023, Angola's debt to private creditors stood at $2.71 billion, reflecting a significant financial obligation.
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🤝 Negative Aid Flow from Portugal
In 2022, Angola experienced a net negative bilateral aid flow of $52.73 million from Portugal, indicating a reduction in financial support.
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🎓 Low Educational Attainment
As of 2021, only 0.13% of Angola's population aged 25+ had at least a Bachelor's degree, highlighting a significant gap in higher education.
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💸 High Cost of Sending Remittances
In 2021, the average transaction cost of sending remittances from Angola was 16.86%, one of the highest globally, affecting financial inflows.
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🏥 High Out-of-Pocket Health Expenditure
In 2018, 35.53% of Angolans spent more than 10% of their income on healthcare, indicating a high financial burden on households.
