Final consumption expenditure in Angola
Angola: Final consumption expenditure was 80.56 trillion current LCU in 2024. ◆ Volatile
Final consumption expenditure in Angola, 2002–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Angola recorded 80.56 trillion current LCU for final consumption expenditure in 2024. That is the highest value across all 23 years on record.
The figure is up 37.1% on the previous year and up 647.4% over ten years.
Over the whole period, final consumption expenditure in Angola peaked at 80.56 trillion current LCU in 2024 and was at its lowest, 465.72 billion current LCU, in 2002.
Angola ranks 26th of 188 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in Angola, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 465.72 billion current LCU | — |
| 2003 | 997.78 billion current LCU | +114.2% |
| 2004 | 1.25 trillion current LCU | +25.7% |
| 2005 | 1.80 trillion current LCU | +43.5% |
| 2006 | 2.21 trillion current LCU | +22.6% |
| 2007 | 2.69 trillion current LCU | +21.8% |
| 2008 | 3.53 trillion current LCU | +31.3% |
| 2009 | 3.78 trillion current LCU | +7.3% |
| 2010 | 4.69 trillion current LCU | +24.1% |
| 2011 | 6.30 trillion current LCU | +34.3% |
| 2012 | 7.39 trillion current LCU | +17.3% |
| 2013 | 8.89 trillion current LCU | +20.3% |
| 2014 | 10.78 trillion current LCU | +21.3% |
| 2015 | 11.63 trillion current LCU | +7.9% |
| 2016 | 12.97 trillion current LCU | +11.5% |
| 2017 | 15.56 trillion current LCU | +19.9% |
| 2018 | 18.29 trillion current LCU | +17.6% |
| 2019 | 21.51 trillion current LCU | +17.6% |
| 2020 | 27.30 trillion current LCU | +26.9% |
| 2021 | 34.65 trillion current LCU | +26.9% |
| 2022 | 44.87 trillion current LCU | +29.5% |
| 2023 | 58.77 trillion current LCU | +31.0% |
| 2024 | 80.56 trillion current LCU | +37.1% |
Angola compared with similar countries
- Angola's 80.56 trillion current LCU is above the median for lower middle income countries, which is 1.32 trillion current LCU, 61.1× the median. (45 countries reporting)
- Angola's 80.56 trillion current LCU is above the median for Sub-Saharan Africa, which is 6.33 trillion current LCU, 12.7× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure in Angola changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +114.2% | 465.72 billion current LCU | 997.78 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.09 trillion current LCU | 465.72 billion current LCU | 3.78 trillion current LCU | 8 |
| 2010s | 11.80 trillion current LCU | 4.69 trillion current LCU | 21.51 trillion current LCU | 10 |
| 2020s | 49.23 trillion current LCU | 27.30 trillion current LCU | 80.56 trillion current LCU | 5 |
Countries ranked near Angola
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 80.56 trillion current LCU 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 80.56 trillion current LCU in 2024.
- What is the lowest final consumption expenditure recorded in Angola?
- The lowest recorded value was 465.72 billion current LCU in 2002.
- How does Angola rank for final consumption expenditure?
- Angola ranks 26th out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in Angola?
- Over the last ten years it is up 647.4%. The long-run trend across the full record is volatile.
- 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.