Gross capital formation in Angola
Angola: Gross capital formation was 2.6% in 2024. ◆ Volatile
Gross capital formation in Angola, 2003–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
In 2024, gross capital formation in Angola stood at 2.6%.
That represents a change of up 262.5% on the previous year and down 53.3% over ten years.
Over the whole period, gross capital formation in Angola peaked at 25.4% in 2008 and was at its lowest, -24.3%, in 2020.
That places Angola 106th out of 168 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation in Angola, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2003 | 17.2% | — |
| 2004 | 24.9% | +45.0% |
| 2005 | 3.6% | -85.4% |
| 2006 | 11.8% | +223.6% |
| 2007 | 8.4% | -28.9% |
| 2008 | 25.4% | +204.3% |
| 2009 | 4.6% | -82.0% |
| 2010 | -4.9% | -207.5% |
| 2011 | 6.9% | -239.9% |
| 2012 | 8.4% | +21.3% |
| 2013 | 0.4% | -95.5% |
| 2014 | 5.7% | +1399.6% |
| 2015 | -3.7% | -165.6% |
| 2016 | -7.6% | +105.5% |
| 2017 | -20.9% | +173.8% |
| 2018 | -0.0% | -99.9% |
| 2019 | 4.6% | -25473.3% |
| 2020 | -24.3% | -634.9% |
| 2021 | -6.6% | -72.9% |
| 2022 | 5.2% | -179.3% |
| 2023 | -1.6% | -131.1% |
| 2024 | 2.6% | -262.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.7% | 3.6% | 25.4% | 7 |
| 2010s | -1.1% | -20.9% | 8.4% | 10 |
| 2020s | -4.9% | -24.3% | 5.2% | 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)
- Services, value added (constant LCU), per capita 238,856 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 20.49 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 17.45 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9914 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 3,103 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 23.14 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,049 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 3.28 million current LCU per person (2025)
Frequently asked questions
- What is gross capital formation in Angola?
- Gross capital formation in Angola was 2.6% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Angola?
- The highest recorded value was 25.4% in 2008.
- What is the lowest gross capital formation recorded in Angola?
- The lowest recorded value was -24.3% in 2020.
- How does Angola rank for gross capital formation?
- Angola ranks 106th out of 168 countries with data for 2024.
- Is gross capital formation rising or falling in Angola?
- Over the last ten years it is down 53.3%. 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 Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.