Angola recorded a Government Budget deficit equal to 1.50 percent of the country's Gross Domestic Product in 2024. Government Budget in Angola averaged 1.91 percent of GDP from 2003 until 2024, reaching an all time high of 11.40 percent of GDP in 2007 and a record low of -7.00 percent of GDP in 2003. source: African Development Bank
Government Budget in Angola is expected to reach -3.30 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Government Budget is projected to trend around -2.80 percent of GDP in 2026 and -2.60 percent of GDP in 2027, according to our econometric models.