Final consumption expenditure (current US$) in Angola
Angola: Final consumption expenditure (current US$) was 79.84 billion current US$ in 2024. ▲ Rising
Final consumption expenditure in Angola, 2002–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in Angola is 79.84 billion current US$, measured in 2024.
The figure is down 0.7% on the previous year and down 22.0% over ten years.
Over the whole period, final consumption expenditure in Angola peaked at 102.32 billion current US$ in 2014 and was at its lowest, 10.70 billion current US$, in 2002.
Angola ranks 73rd of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Final consumption expenditure (current US$) in Angola, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 10.70 billion current US$ | — |
| 2003 | 13.37 billion current US$ | +25.0% |
| 2004 | 15.01 billion current US$ | +12.2% |
| 2005 | 20.65 billion current US$ | +37.6% |
| 2006 | 27.44 billion current US$ | +32.9% |
| 2007 | 35.01 billion current US$ | +27.6% |
| 2008 | 47.00 billion current US$ | +34.2% |
| 2009 | 47.68 billion current US$ | +1.4% |
| 2010 | 51.07 billion current US$ | +7.1% |
| 2011 | 67.08 billion current US$ | +31.4% |
| 2012 | 77.41 billion current US$ | +15.4% |
| 2013 | 89.15 billion current US$ | +15.2% |
| 2014 | 102.32 billion current US$ | +14.8% |
| 2015 | 75.44 billion current US$ | -26.3% |
| 2016 | 41.35 billion current US$ | -45.2% |
| 2017 | 56.58 billion current US$ | +36.8% |
| 2018 | 56.69 billion current US$ | +0.2% |
| 2019 | 50.29 billion current US$ | -11.3% |
| 2020 | 41.77 billion current US$ | -16.9% |
| 2021 | 51.74 billion current US$ | +23.9% |
| 2022 | 89.77 billion current US$ | +73.5% |
| 2023 | 80.41 billion current US$ | -10.4% |
| 2024 | 79.84 billion current US$ | -0.7% |
Angola compared with similar countries
- Angola's 79.84 billion current US$ is above the median for lower middle income countries, which is 23.88 billion current US$, 3.3× the median. (45 countries reporting)
- Angola's 79.84 billion current US$ is above the median for Sub-Saharan Africa, which is 15.32 billion current US$, 5.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.11 billion current US$ | 10.70 billion current US$ | 47.68 billion current US$ | 8 |
| 2010s | 66.74 billion current US$ | 41.35 billion current US$ | 102.32 billion current US$ | 10 |
| 2020s | 68.71 billion current US$ | 41.77 billion current US$ | 89.77 billion current US$ | 5 |
Countries ranked near Angola
More economy & growth data for Angola
- Real gdp growth, annual growth rate 275.23 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -33.74 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0026 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 8.17 units per person (2025)
- SDRs holdings, SDR, annual growth rate -36.9 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0019 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5.96 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -6.11 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure in Angola?
- Final consumption expenditure in Angola was 79.84 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Angola?
- The highest recorded value was 102.32 billion current US$ in 2014.
- What is the lowest final consumption expenditure recorded in Angola?
- The lowest recorded value was 10.70 billion current US$ in 2002.
- How does Angola rank for final consumption expenditure?
- Angola ranks 73rd out of 188 countries with data for 2024.
- Is final consumption expenditure rising or falling in Angola?
- Over the last ten years it is down 22.0%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 indicator is expressed in United States dollars.