Gross capital formation (current LCU), annual growth rate (current) in Angola
Angola: Gross capital formation (current LCU), annual growth rate (current) was 14.77 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in Angola, 2003–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (current lcu), annual growth rate in Angola is 14.77 % change on previous year, measured in 2024.
Compared with earlier readings it is up 301.7% on the previous year and down 10.5% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Angola peaked at 101.62 % change on previous year in 2003 and was at its lowest, -11.34 % change on previous year, in 2020.
That places Angola 56th out of 186 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 (current LCU), annual growth rate (current) in Angola, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2003 | 101.62 % change on previous year | — |
| 2004 | 63.06 % change on previous year | -37.9% |
| 2005 | 37.03 % change on previous year | -41.3% |
| 2006 | 12.53 % change on previous year | -66.2% |
| 2007 | 32.37 % change on previous year | +158.4% |
| 2008 | 52.87 % change on previous year | +63.3% |
| 2009 | 18.6 % change on previous year | -64.8% |
| 2010 | -4.25 % change on previous year | -122.8% |
| 2011 | 23.49 % change on previous year | -653.2% |
| 2012 | 18.78 % change on previous year | -20.0% |
| 2013 | 4.5 % change on previous year | -76.0% |
| 2014 | 16.51 % change on previous year | +266.9% |
| 2015 | -1.42 % change on previous year | -108.6% |
| 2016 | 23 % change on previous year | -1719.5% |
| 2017 | 19.63 % change on previous year | -14.7% |
| 2018 | 3.2 % change on previous year | -83.7% |
| 2019 | 21.97 % change on previous year | +586.3% |
| 2020 | -11.34 % change on previous year | -151.6% |
| 2021 | 12.71 % change on previous year | -212.1% |
| 2022 | 9.18 % change on previous year | -27.8% |
| 2023 | 3.68 % change on previous year | -59.9% |
| 2024 | 14.77 % change on previous year | +301.7% |
Angola compared with similar countries
- Angola's 14.77 % change on previous year is above the median for lower middle income countries, which is 11.4 % change on previous year, 1.3× the median. (45 countries reporting)
- Angola's 14.77 % change on previous year is above the median for Sub-Saharan Africa, which is 10.57 % change on previous year, 1.4× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (current LCU), annual growth rate (current) 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 |
|---|---|---|---|
| 2016 | +1719.5% | -1.42 % change on previous year | 23 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 45.44 % change on previous year | 12.53 % change on previous year | 101.62 % change on previous year | 7 |
| 2010s | 12.54 % change on previous year | -4.25 % change on previous year | 23.49 % change on previous year | 10 |
| 2020s | 5.8 % change on previous year | -11.34 % change on previous year | 14.77 % change on previous year | 5 |
Countries ranked near Angola
- 53 Algeria 15.24 % change on previous year compare
- 54 Democratic Republic of Congo 14.98 % change on previous year compare
- 55 Lithuania 14.82 % change on previous year compare
- 57 Samoa 14.5 % change on previous year compare
- 58 Madagascar 14.45 % change on previous year compare
- 59 Tanzania 14.41 % 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0353 units per US$ of GDP (2025)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Angola?
- Gross capital formation (current lcu), annual growth rate in Angola was 14.77 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Angola?
- The highest recorded value was 101.62 % change on previous year in 2003.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Angola?
- The lowest recorded value was -11.34 % change on previous year in 2020.
- How does Angola rank for gross capital formation (current lcu), annual growth rate?
- Angola ranks 56th out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate rising or falling in Angola?
- Over the last ten years it is down 10.5%. 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 (current 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.