Angola recorded a government budget surplus of 6.10 AOA Billion in 2019. source: Ministry of Finance of Angola

Government Budget Value in Angola averaged -58.96 AOA Billion from 2003 until 2019, reaching an all time high of 1000.90 AOA Billion in 2011 and a record low of -1139.90 AOA Billion in 2017. This page provides - Angola Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola Government Budget Value - values, historical data and charts - was last updated on September of 2021.

Government Budget Value in Angola is expected to reach -1100.00 AOA Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Government Budget Value is projected to trend around 700.00 AOA Billion in 2022 and 1200.00 AOA Billion in 2023, according to our econometric models.

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Angola Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
6.10 -804.70 1000.90 -1139.90 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 20.00 [+]
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 Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.