Foreign exchange reserves excluding gold reached 17.5 USD bil in 2017 in Angola, according to the National Statistical Office. This is 26.3 % less than in the previous year.
Historically, foreign exchange reserves excluding gold in Angola reached an all time high of 31.5 USD bil in 2013 and an all time low of 0.202 USD bil in 1998. When compared to Angola's main peers, foreign exchange reserves excluding gold in Botswana amounted to 7.49 USD bil, 2.43 USD bil in Namibia, 2.08 USD bil in Zambia and 0.695 USD bil in Dem. Republic of the Congo in 2017.
Angola has been ranked 53rd within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 7 places above the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.