Government Spending in Angola increased to 4956.30 AOA Billion in 2019 from 4230.90 AOA Billion in 2018. source: Ministerio das Financas de Angola

Government Spending in Angola averaged 2438.38 AOA Billion from 2003 until 2019, reaching an all time high of 4956.30 AOA Billion in 2019 and a record low of 390.80 AOA Billion in 2003. This page provides - Angola Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola Government Spending - values, historical data and charts - was last updated on July of 2021.

Government Spending in Angola is expected to reach 5021.00 AOA Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Government Spending is projected to trend around 5171.00 AOA Billion in 2022 and 5352.00 AOA Billion in 2023, according to our econometric models.

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Angola Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
4956.30 4230.90 4956.30 390.80 2003 - 2019 AOA Billion Yearly

Angola Government Last Previous Highest Lowest Unit
Government Debt to GDP 120.00 111.00 120.00 16.10 percent of GDP [+]
Government Budget -2.50 0.80 11.40 -7.00 percent of GDP [+]
Government Revenues 5986.10 4404.20 5986.10 394.90 AOA Billion [+]
Fiscal Expenditure 5980.00 5209.00 5980.00 467.50 AOA Billion [+]
Military Expenditure 1301.00 1471.00 4790.00 127.00 USD Million [+]
Credit Rating 21.00 [+]
Government Spending 4956.30 4230.90 4956.30 390.80 AOA Billion [+]
Government Budget Value 6.10 -804.70 1000.90 -1139.90 AOA Billion [+]

Angola Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.