Angola’s external reserves rose to $15.1bn in Jul 2026.

Higher is better. A larger stock gives the central bank more room to pay for imports, service foreign debt and steady the kwanza, so a higher figure is better. The latest reading, $15.1bn in July 2026, is almost the same as a year earlier, when it was also $15.1bn. It edged down by $0.03bn, or 0.18%, over the year. Since Aug 2024 reserves have ranged from a low of $14.6bn in November 2024 to a high of $15.9bn in February 2026. The current level sits in the lower half of that range, below the early 2026 peak.

Why it matters. For Angola, a reserve stock of $15.1bn that has barely changed in a year means the cushion for import bills and foreign debt payments has been held steady. Firms that need dollars for imports and households exposed to kwanza swings depend on that buffer. The state has little extra room if oil income weakens, so the next reading against the February 2026 high of $15.9bn is the one to check.