The current account balance for April, May, and June 2025 in Angola stood at 0.8% of the Gross Domestic Product (GDP). This information is outlined in the second quarter statistics report released by the National Bank of Angola (BNA).
The changes in the current account were primarily due to an 8.6% contraction in the goods account, a worsening in current transfers and the primary income account by 90.7% and 0.5%, respectively, notwithstanding a 9.6% reduction in the services account deficit, the report notes.
The BNA stated that the capital and financial account recorded a surplus of 239 million dollars (203 million euros), compared to a deficit of 955 million dollars (812 million euros) in the previous quarter, “justified by the performance of net direct investment flows.”
During this period, the net international investment position experienced a deficit increase of 639 million dollars (544 million euros), primarily due to the rise in liabilities to non-residents.
International reserve stocks were set at 15,661 million dollars (13,338 million euros) by the end of the second quarter of 2025, ensuring coverage for 8.8 months of imports of goods and services, according to the BNA.
