Business Bank Credit Access Statistics in Angola (2026)
According to World Bank World Development Indicators data, 7.4% of firms in Angola had a bank loan or line of credit in 2024. Down from 9.5% in 2010 to 7.4% in 2024 (−2 percentage points). Angola ranks #42 of 45 economies in Sub-Saharan Africa on this measure, and #139 of 145 globally.
Key Statistics
- Latest value (2024)
- 7.4% (2024)
- Business Bank Credit Access in Angola as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2010
- −2 pp (2024)
- Down from 9.5% in 2010 to 7.4% in 2024 (−2 percentage points).
- Earliest value in this dataset (2006)
- 4.1% (2006)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 4.1% in 2006 to 7.4% in 2024.
- Peak value (2010)
- 9.5% (2010)
- Highest value in the available series; the 2024 value is 7.4%.
- Rank in Sub-Saharan Africa
- #42 of 45 (2024)
- Angola ranks 42 of 45 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #139 of 145 (2024)
- Angola ranks 139 of 145 countries with data globally.
- Sub-Saharan Africa average
- 23% (2024)
- Angola (7.4%) is below the average of 23% across the 45 countries in Sub-Saharan Africa with data.
- Firms using banks to finance working capital (% of firms) (2024)
- 3.9% (2024)
- Related indicator from World Bank World Development Indicators.
- Firms using banks to finance investment (% of firms) (2024)
- 4.5% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Angola (2024)
- 40.7% (2024)
- 40.7% of the population in Angola used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 37.9 million (2024)
- Angola had a population of 37.9 million in 2024 (World Bank); shown for scale only.
Trend, 2006–2024
| Year | % of firms | Change |
|---|---|---|
| 2024 | 7.4% | −2.0 pp |
| 2010 | 9.5% | +5.3 pp |
| 2006 | 4.1% | — |
Frequently asked questions
What share of firms in Angola had a bank loan or line of credit?
7.4% of firms in Angola had a bank loan or line of credit in 2024, according to World Bank World Development Indicators data.
When did business bank credit access in Angola peak?
The highest value in the available series was 9.5% in 2010; the latest (2024) value is 7.4%.
How recent is the business bank credit access data for Angola?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Angola.
Where does the business bank credit access data for Angola come from?
The data comes from the World Bank World Development Indicators (indicator IC.FRM.BNKL.ZS). The latest observation for Angola is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BNKL.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .