Angola recorded a Government Budget deficit equal to 4.90 percent of the country's Gross Domestic Product in 2017. Government Budget in Angola averaged 2.40 percent of GDP from 2003 until 2017, reaching an all time high of 11.40 percent of GDP in 2007 and a record low of -7 percent of GDP in 2003.

Government Budget in Angola is expected to be -3.50 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Government Budget is projected to trend around -3.00 percent of GDP in 2020, according to our econometric models.

Angola Government Budget
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Angola Government Last Previous Highest Lowest Unit
Government Debt to GDP 65.10 75.80 104.50 16.10 percent [+]
Government Budget -4.90 -5.10 11.40 -7.00 percent of GDP [+]
Government Revenues 3514.50 2692.60 5039.80 394.90 AOA Million [+]
Fiscal Expenditure 4295.70 3499.10 5375.10 467.50 AOA Million [+]
Military Expenditure 2371.81 2824.26 6110.26 162.33 USD Million [+]
Government Spending 3309.85 5222.02 5222.02 3309.85 AOA Million [+]
Government Budget Value -781.20 -806.50 1000.90 -806.50 AOA Million [+]
Credit Rating 41.25 [+]


Angola Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Angola Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-4.90 -5.10 11.40 -7.00 2003 - 2017 percent of GDP Yearly




Country Last Previous
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17


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