Gross capital formation (constant LCU), annual growth rate in Angola
Angola: Gross capital formation (constant LCU), annual growth rate was 2.65 % change on previous year in 2024. ◆ Volatile
Gross capital formation (constant LCU), annual growth rate in Angola, 2003–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Angola recorded 2.65 % change on previous year for gross capital formation (constant lcu), annual growth rate in 2024.
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 (constant lcu), annual growth rate in Angola peaked at 25.43 % change on previous year in 2008 and was at its lowest, -24.34 % change on previous year, in 2020.
Angola ranks 108th of 169 countries on this measure, 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 (constant LCU), annual growth rate in Angola, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2003 | 17.2 % change on previous year | — |
| 2004 | 24.93 % change on previous year | +45.0% |
| 2005 | 3.63 % change on previous year | -85.4% |
| 2006 | 11.75 % change on previous year | +223.6% |
| 2007 | 8.36 % change on previous year | -28.9% |
| 2008 | 25.43 % change on previous year | +204.3% |
| 2009 | 4.58 % change on previous year | -82.0% |
| 2010 | -4.92 % change on previous year | -207.5% |
| 2011 | 6.89 % change on previous year | -239.9% |
| 2012 | 8.36 % change on previous year | +21.3% |
| 2013 | 0.3775 % change on previous year | -95.5% |
| 2014 | 5.66 % change on previous year | +1399.1% |
| 2015 | -3.71 % change on previous year | -165.6% |
| 2016 | -7.63 % change on previous year | +105.5% |
| 2017 | -20.89 % change on previous year | +173.8% |
| 2018 | -0.0178 % change on previous year | -99.9% |
| 2019 | 4.55 % change on previous year | -25601.3% |
| 2020 | -24.34 % change on previous year | -634.9% |
| 2021 | -6.6 % change on previous year | -72.9% |
| 2022 | 5.23 % change on previous year | -179.3% |
| 2023 | -1.63 % change on previous year | -131.1% |
| 2024 | 2.65 % change on previous year | -262.5% |
Angola compared with similar countries
- Angola's 2.65 % change on previous year is below the median for lower middle income countries, which is 5.33 % change on previous year, 50% of the median. (43 countries reporting)
- Angola's 2.65 % change on previous year is below the median for Sub-Saharan Africa, which is 6.99 % change on previous year, 38% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (constant LCU), annual growth rate 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 |
|---|---|---|---|
| 2019 | +25601.3% | -0.0178 % change on previous year | 4.55 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.7 % change on previous year | 3.63 % change on previous year | 25.43 % change on previous year | 7 |
| 2010s | -1.13 % change on previous year | -20.89 % change on previous year | 8.36 % change on previous year | 10 |
| 2020s | -4.94 % change on previous year | -24.34 % change on previous year | 5.23 % change on previous year | 5 |
Countries ranked near Angola
- 105 Germany 3.09 % change on previous year compare
- 106 Nepal 3.04 % change on previous year compare
- 107 Sweden 2.77 % change on previous year compare
- 109 Democratic Republic of Congo 2.45 % change on previous year compare
- 110 Italy 2.35 % change on previous year compare
- 111 Malta 2.25 % change on previous year 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 gross capital formation (constant lcu), annual growth rate in Angola?
- Gross capital formation (constant lcu), annual growth rate in Angola was 2.65 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), annual growth rate recorded in Angola?
- The highest recorded value was 25.43 % change on previous year in 2008.
- What is the lowest gross capital formation (constant lcu), annual growth rate recorded in Angola?
- The lowest recorded value was -24.34 % change on previous year in 2020.
- How does Angola rank for gross capital formation (constant lcu), annual growth rate?
- Angola ranks 108th out of 169 countries with data for 2024.
- Is gross capital formation (constant lcu), annual growth rate 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 Statizoid (derived), published as part of Gross capital formation (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.