Subsidies and other transfers in Angola
Angola: Subsidies and other transfers was 3.50 trillion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Angola, 1999–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Angola recorded 3.50 trillion current LCU for subsidies and other transfers in 2024. That is the highest value across all 26 years on record.
The figure is up 14.6% on the previous year and up 227.9% over ten years.
Over the whole period, subsidies and other transfers in Angola peaked at 3.50 trillion current LCU in 2020 and was at its lowest, 678.99 million current LCU, in 1999.
Angola ranks 24th of 153 countries on this measure, in the top quarter.
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 | 678.99 million current LCU | 678.99 million current LCU | 678.99 million current LCU | 1 |
| 2000s | 130.66 billion current LCU | 3.72 billion current LCU | 287.22 billion current LCU | 10 |
| 2010s | 702.08 billion current LCU | 381.81 billion current LCU | 1.07 trillion current LCU | 10 |
| 2020s | 2.89 trillion current LCU | 1.69 trillion current LCU | 3.50 trillion current LCU | 5 |
Countries ranked near Angola
- 21 Mexico 5.00 trillion current LCU compare
- 22 United States 4.62 trillion current LCU compare
- 23 Cote d'Ivoire 3.82 trillion current LCU compare
- 25 Myanmar 3.23 trillion current LCU compare
- 26 Madagascar 2.84 trillion current LCU compare
- 27 Laos 2.63 trillion current LCU compare
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 subsidies and other transfers in Angola?
- Subsidies and other transfers in Angola was 3.50 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Angola?
- The highest recorded value was 3.50 trillion current LCU in 2020.
- What is the lowest subsidies and other transfers recorded in Angola?
- The lowest recorded value was 678.99 million current LCU in 1999.
- How does Angola rank for subsidies and other transfers?
- Angola ranks 24th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Angola?
- Over the last ten years it is up 227.9%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.