Goods and services expense (current LCU) in Angola
Angola: Goods and services expense (current LCU) 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.
Goods and services expense (current LCU) in Angola, year by year
| Year | current LCU | Change |
|---|---|---|
| 1999 | 1.61 billion current LCU | — |
| 2000 | 10.50 billion current LCU | +554.1% |
| 2001 | 26.35 billion current LCU | +150.9% |
| 2002 | 61.61 billion current LCU | +133.8% |
| 2003 | 140.50 billion current LCU | +128.0% |
| 2004 | 84.73 billion current LCU | -39.7% |
| 2005 | 237.65 billion current LCU | +180.5% |
| 2006 | 277.73 billion current LCU | +16.9% |
| 2007 | 342.75 billion current LCU | +23.4% |
| 2008 | 499.02 billion current LCU | +45.6% |
| 2009 | 358.46 billion current LCU | -28.2% |
| 2010 | 521.50 billion current LCU | +45.5% |
| 2011 | 914.66 billion current LCU | +75.4% |
| 2012 | 1.02 trillion current LCU | +11.1% |
| 2013 | 1.51 trillion current LCU | +48.6% |
| 2014 | 1.37 trillion current LCU | -9.2% |
| 2015 | 637.18 billion current LCU | -53.5% |
| 2016 | 624.06 billion current LCU | -2.1% |
| 2017 | 842.63 billion current LCU | +35.0% |
| 2018 | 893.13 billion current LCU | +6.0% |
| 2019 | 1.49 trillion current LCU | +66.4% |
| 2020 | 5.12 trillion current LCU | +244.8% |
| 2021 | 3.36 trillion current LCU | -34.3% |
| 2022 | 5.20 trillion current LCU | +54.6% |
| 2023 | 5.20 trillion current LCU | +0.1% |
| 2024 | 5.12 trillion current LCU | -1.6% |
Angola compared with similar countries
- Angola's 5.12 trillion current LCU is above the median for lower middle income countries, which is 40.65 billion current LCU, 126.1× the median. (36 countries reporting)
- Angola's 5.12 trillion current LCU is above the median for Sub-Saharan Africa, which is 189.83 billion current LCU, 27.0× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense (current LCU) in Angola changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +554.1% | 1.61 billion current LCU | 10.50 billion current LCU |
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
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 84.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.4223 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 6.67 % change on previous year (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.