Final consumption expenditure in Angola
Angola: Final consumption expenditure was 124.08 billion constant 2015 US$ in 2024. ▲ Rising
Final consumption expenditure in Angola, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Angola recorded 124.08 billion constant 2015 US$ for final consumption expenditure in 2024. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 5.5% on the previous year and up 48.0% over ten years.
Over the whole period, final consumption expenditure in Angola peaked at 124.08 billion constant 2015 US$ in 2024 and was at its lowest, 37.84 billion constant 2015 US$, in 2002.
Angola ranks 55th of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Final consumption expenditure in Angola, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2002 | 37.84 billion constant 2015 US$ | — |
| 2003 | 39.67 billion constant 2015 US$ | +4.8% |
| 2004 | 40.18 billion constant 2015 US$ | +1.3% |
| 2005 | 44.49 billion constant 2015 US$ | +10.7% |
| 2006 | 46.70 billion constant 2015 US$ | +5.0% |
| 2007 | 50.37 billion constant 2015 US$ | +7.9% |
| 2008 | 54.57 billion constant 2015 US$ | +8.3% |
| 2009 | 56.97 billion constant 2015 US$ | +4.4% |
| 2010 | 59.46 billion constant 2015 US$ | +4.4% |
| 2011 | 68.77 billion constant 2015 US$ | +15.7% |
| 2012 | 73.11 billion constant 2015 US$ | +6.3% |
| 2013 | 82.28 billion constant 2015 US$ | +12.5% |
| 2014 | 83.86 billion constant 2015 US$ | +1.9% |
| 2015 | 75.44 billion constant 2015 US$ | -10.0% |
| 2016 | 73.60 billion constant 2015 US$ | -2.4% |
| 2017 | 84.10 billion constant 2015 US$ | +14.3% |
| 2018 | 86.74 billion constant 2015 US$ | +3.1% |
| 2019 | 78.83 billion constant 2015 US$ | -9.1% |
| 2020 | 86.61 billion constant 2015 US$ | +9.9% |
| 2021 | 97.01 billion constant 2015 US$ | +12.0% |
| 2022 | 106.62 billion constant 2015 US$ | +9.9% |
| 2023 | 117.63 billion constant 2015 US$ | +10.3% |
| 2024 | 124.08 billion constant 2015 US$ | +5.5% |
Angola compared with similar countries
- Angola's 124.08 billion constant 2015 US$ is above the median for lower middle income countries, which is 16.69 billion constant 2015 US$, 7.4× the median. (43 countries reporting)
- Angola's 124.08 billion constant 2015 US$ is above the median for Sub-Saharan Africa, which is 13.32 billion constant 2015 US$, 9.3× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.35 billion constant 2015 US$ | 37.84 billion constant 2015 US$ | 56.97 billion constant 2015 US$ | 8 |
| 2010s | 76.62 billion constant 2015 US$ | 59.46 billion constant 2015 US$ | 86.74 billion constant 2015 US$ | 10 |
| 2020s | 106.39 billion constant 2015 US$ | 86.61 billion constant 2015 US$ | 124.08 billion constant 2015 US$ | 5 |
Countries ranked near Angola
- 52 Czechia 151.59 billion constant 2015 US$ compare
- 53 Uzbekistan 150.21 billion constant 2015 US$ compare
- 54 Algeria 140.47 billion constant 2015 US$ compare
- 56 Hungary 120.39 billion constant 2015 US$ compare
- 57 Morocco 112.18 billion constant 2015 US$ compare
- 58 Ukraine 104.02 billion constant 2015 US$ compare
More economy & growth data for Angola
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7535 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.63 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 125.12 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.001 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 3.2 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.15 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 203.52 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0094 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 29.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -4.96 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in Angola?
- Final consumption expenditure in Angola was 124.08 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Angola?
- The highest recorded value was 124.08 billion constant 2015 US$ in 2024.
- What is the lowest final consumption expenditure recorded in Angola?
- The lowest recorded value was 37.84 billion constant 2015 US$ in 2002.
- How does Angola rank for final consumption expenditure?
- Angola ranks 55th out of 172 countries with data for 2024.
- Is final consumption expenditure rising or falling in Angola?
- Over the last ten years it is up 48.0%. The long-run trend across the full record is rising.
- Where does this Angola data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.