Gross credit to the non-financial sector in Angola grew 14.1% in May to 8.9 billion kwanzas (8.5 billion euros), compared to the same period, today announced the National Bank of Angola (BNA).
© Lusa
29/06/2026
by
Lusa
According to the BNA, in its statistical note on credit, the private sector concentrated 84.6% of the total, with a ‘stock’ of 7.3 billion kwanzas (6.8 billion euros), an increase of one billion kwanzas, i.e. 16% compared to May 2025.
Non-financial public sector debt totalled 1.2 billion kwanzas (EUR 1.1 billion), of which 63.5% were public administration and 36.5% public enterprises, an expansion of EUR 268.2 billion (EUR 258 million).
In turn, private sector debt (private and private companies) increased from EUR 838 billion (EUR 807 million) to EUR 6.8 billion (EUR 6.3 billion) in May 2025 to EUR 7.6 billion (EUR 7.1 billion).
According to the note, credit to the real sector of the economy, in this period, totalled 1.9 billion kwanzas (€1.8 billion), an increase of 21.4%, driven mainly by the extractive industry, followed by manufacturing and agriculture, animal production, hunting, forest and fishing.