Gross fixed capital formation in Angola
Angola: Gross fixed capital formation was 2.64 trillion constant LCU in 2024. ▲ Rising
Gross fixed capital formation in Angola, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, gross fixed capital formation in Angola stood at 2.64 trillion constant LCU.
That represents a change of up 2.6% on the previous year and down 44.0% over ten years.
Over the whole period, gross fixed capital formation in Angola peaked at 4.71 trillion constant LCU in 2014 and was at its lowest, 1.72 trillion constant LCU, in 2002.
That places Angola 41st out of 167 countries with data for 2024, putting it 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 | 2.77 trillion constant LCU | 1.72 trillion constant LCU | 4.15 trillion constant LCU | 8 |
| 2010s | 4.08 trillion constant LCU | 3.35 trillion constant LCU | 4.71 trillion constant LCU | 10 |
| 2020s | 2.59 trillion constant LCU | 2.48 trillion constant LCU | 2.65 trillion constant LCU | 5 |
Countries ranked near Angola
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 gross fixed capital formation in Angola?
- Gross fixed capital formation in Angola was 2.64 trillion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Angola?
- The highest recorded value was 4.71 trillion constant LCU in 2014.
- What is the lowest gross fixed capital formation recorded in Angola?
- The lowest recorded value was 1.72 trillion constant LCU in 2002.
- How does Angola rank for gross fixed capital formation?
- Angola ranks 41st out of 167 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Angola?
- Over the last ten years it is down 44.0%. 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 Gross fixed capital formation (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.