Gross fixed capital formation in Angola

Angola: Gross fixed capital formation was 11.05 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
11.05 trillion current LCU
Change on year
up 14.8%
World rank
32nd
of 180 countries
All-time high
11.05 trillion current LCU
in 2024
All-time low
0 current LCU
in 1985
Years of data
29
1985–2024

Gross fixed capital formation in Angola, 1985–2024

02.5T5.0T7.5T10.0T1985200420241985: 0 current LCU1986: 0 current LCU1987: 0 current LCU1988: 0 current LCU1989: 0 current LCU1990: 0 current LCU2002: 235.6B current LCU2003: 460.5B current LCU2004: 703.3B current LCU2005: 1.0T current LCU2006: 1.1T current LCU2007: 1.5T current LCU2008: 2.3T current LCU2009: 2.8T current LCU2010: 2.5T current LCU2011: 3.2T current LCU2012: 3.8T current LCU2013: 4.0T current LCU2014: 4.6T current LCU2015: 4.6T current LCU2016: 5.6T current LCU2017: 6.8T current LCU2018: 7.0T current LCU2019: 8.5T current LCU2020: 7.5T current LCU2021: 8.5T current LCU2022: 9.3T current LCU2023: 9.6T current LCU2024: 11.0T current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

Angola recorded 11.05 trillion current LCU for gross fixed capital formation in 2024. That is the highest value across all 29 years on record.

That represents a change of up 14.8% on the previous year and up 140.4% over ten years.

Over the whole period, gross fixed capital formation in Angola peaked at 11.05 trillion current LCU in 2024 and was at its lowest, 0 current LCU, in 1985.

That places Angola 32nd out of 180 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0 current LCU 0 current LCU 0 current LCU 5
1990s 0 current LCU 0 current LCU 0 current LCU 1
2000s 1.26 trillion current LCU 235.64 billion current LCU 2.79 trillion current LCU 8
2010s 5.07 trillion current LCU 2.54 trillion current LCU 8.49 trillion current LCU 10
2020s 9.19 trillion current LCU 7.52 trillion current LCU 11.05 trillion current LCU 5

Countries ranked near Angola

  1. 29 Algeria 14.88 trillion current LCU compare
  2. 30 Pakistan 14.31 trillion current LCU compare
  3. 31 Cote d'Ivoire 11.64 trillion current LCU compare
  4. 33 Costa Rica 8.42 trillion current LCU compare
  5. 34 Mexico 7.90 trillion current LCU compare
  6. 35 Rwanda 7.53 trillion current LCU compare

See the full ranking of 180 places →

More economy & growth data for Angola

All data for Angola →

Frequently asked questions

What is gross fixed capital formation in Angola?
Gross fixed capital formation in Angola was 11.05 trillion current 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 11.05 trillion current LCU in 2024.
What is the lowest gross fixed capital formation recorded in Angola?
The lowest recorded value was 0 current LCU in 1985.
How does Angola rank for gross fixed capital formation?
Angola ranks 32nd out of 180 countries with data for 2024.
Is gross fixed capital formation rising or falling in Angola?
Over the last ten years it is up 140.4%. The long-run trend across the full record is volatile.
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 (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross fixed capital formation (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
180 places, 8,131 data points, 1960–2025
Last refreshed

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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.