Goods and services expense in Angola
Angola: Goods and services expense was 5.12 trillion current LCU in 2024. ◆ Volatile
Goods and services expense in Angola, 1999–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Angola recorded 5.12 trillion current LCU for goods and services expense in 2024.
Compared with earlier readings it is down 1.6% on the previous year and up 273.6% over ten years.
Over the whole period, goods and services expense in Angola peaked at 5.20 trillion current LCU in 2023 and was at its lowest, 1.61 billion current LCU, in 1999.
Angola ranks 15th of 155 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.61 billion current LCU | 1.61 billion current LCU | 1.61 billion current LCU | 1 |
| 2000s | 203.93 billion current LCU | 10.50 billion current LCU | 499.02 billion current LCU | 10 |
| 2010s | 981.73 billion current LCU | 521.50 billion current LCU | 1.51 trillion current LCU | 10 |
| 2020s | 4.80 trillion current LCU | 3.36 trillion current LCU | 5.20 trillion current LCU | 5 |
Countries ranked near Angola
More public sector data for Angola
- Arms imports 16.00 million SIPRI trend indicator values (2024)
- Tax revenue 7.6% (2024)
- Taxes on income, profits and capital gains 29.1% (2024)
- Taxes on goods and services 9.4% (2024)
- Net investment in nonfinancial assets 3.3% (2024)
- Net lending (+) / net borrowing (-) -1.3% (2024)
- Interest payments 25.2% (2024)
- Grants and other revenue 58.4% (2024)
- Interest payments 31.9% (2019)
- Other taxes 0.5% (2024)
Frequently asked questions
- What is goods and services expense in Angola?
- Goods and services expense in Angola was 5.12 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Angola?
- The highest recorded value was 5.20 trillion current LCU in 2023.
- What is the lowest goods and services expense recorded in Angola?
- The lowest recorded value was 1.61 billion current LCU in 1999.
- How does Angola rank for goods and services expense?
- Angola ranks 15th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Angola?
- Over the last ten years it is up 273.6%. The long-run trend across the full record is volatile.
- Where does this Angola data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.