Subsidies and other transfers in Angola

Angola: Subsidies and other transfers was 3.50 trillion current LCU in 2024. ◆ Volatile

Latest (2024)
3.50 trillion current LCU
Change on year
up 14.6%
World rank
24th
of 153 countries
All-time high
3.50 trillion current LCU
in 2020
All-time low
678.99 million current LCU
in 1999
Years of data
26
1999–2024

Subsidies and other transfers in Angola, 1999–2024

01.0T2.0T3.0T4.0T1999201120241999: 679.0M current LCU2000: 3.7B current LCU2001: 7.0B current LCU2002: 16.5B current LCU2003: 65.5B current LCU2004: 39.1B current LCU2005: 146.9B current LCU2006: 178.1B current LCU2007: 287.2B current LCU2008: 284.9B current LCU2009: 277.7B current LCU2010: 602.3B current LCU2011: 897.2B current LCU2012: 670.3B current LCU2013: 923.6B current LCU2014: 1.1T current LCU2015: 565.4B current LCU2016: 464.8B current LCU2017: 381.8B current LCU2018: 453.9B current LCU2019: 992.9B current LCU2020: 3.5T current LCU2021: 1.7T current LCU2022: 2.7T current LCU2023: 3.1T current LCU2024: 3.5T current LCU

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

DecadeAverage LowestHighest 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

  1. 21 Mexico 5.00 trillion current LCU compare
  2. 22 United States 4.62 trillion current LCU compare
  3. 23 Cote d'Ivoire 3.82 trillion current LCU compare
  4. 25 Myanmar 3.23 trillion current LCU compare
  5. 26 Madagascar 2.84 trillion current LCU compare
  6. 27 Laos 2.63 trillion current LCU compare

See the full ranking of 153 places →

More public sector data for Angola

All data for Angola →

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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About this data

Indicator
Subsidies and other transfers (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
153 places, 3,810 data points, 1970–2024
Last refreshed

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.