Final consumption expenditure in Angola
Angola: Final consumption expenditure was 19.13 trillion constant LCU in 2024. ▲ Rising
Final consumption expenditure in Angola, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, final consumption expenditure in Angola stood at 19.13 trillion constant LCU. That is the highest value across all 23 years on record.
That represents a change of up 5.5% on the previous year and up 48.0% over ten years.
Over the whole period, final consumption expenditure in Angola peaked at 19.13 trillion constant LCU in 2024 and was at its lowest, 5.83 trillion constant LCU, in 2002.
Angola ranks 32nd of 176 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.14 trillion constant LCU | 5.83 trillion constant LCU | 8.78 trillion constant LCU | 8 |
| 2010s | 11.81 trillion constant LCU | 9.17 trillion constant LCU | 13.37 trillion constant LCU | 10 |
| 2020s | 16.40 trillion constant LCU | 13.35 trillion constant LCU | 19.13 trillion constant LCU | 5 |
Countries ranked near Angola
- 29 Philippines 20.35 trillion constant LCU compare
- 30 United States 20.19 trillion constant LCU compare
- 31 Madagascar 19.87 trillion constant LCU compare
- 33 Rwanda 17.21 trillion constant LCU compare
- 34 Senegal 13.66 trillion constant LCU compare
- 35 Kazakhstan 13.32 trillion constant LCU compare
More economy & growth data for Angola
- DEC alternative conversion factor 1,058 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -364.31 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) -344.35 million current US$ (2025)
- Taxes less subsidies on products 1.11 trillion current LCU (2025)
- Taxes less subsidies on products 1.05 billion current US$ (2025)
- Net primary income (Net income from abroad) -5.21 trillion current LCU (2025)
- Net primary income (Net income from abroad) -4.92 billion current US$ (2025)
- GNI per capita 3.18 million current LCU (2025)
- GNI per capita, Atlas method 2,860 current US$ (2025)
- GNI 124.05 trillion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Angola?
- Final consumption expenditure in Angola was 19.13 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Angola?
- The highest recorded value was 19.13 trillion constant LCU in 2024.
- What is the lowest final consumption expenditure recorded in Angola?
- The lowest recorded value was 5.83 trillion constant LCU in 2002.
- How does Angola rank for final consumption expenditure?
- Angola ranks 32nd out of 176 countries with data for 2024.
- Is final consumption expenditure rising or falling in Angola?
- Over the last ten years it is up 48.0%. The long-run trend across the full record is rising.
- Where does this Angola data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.