Gross fixed capital formation in Angola
Angola: Gross fixed capital formation was 2.6% in 2024. ◆ Volatile
Gross fixed capital formation in Angola, 2003–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
Angola recorded 2.6% for gross fixed capital formation in 2024.
The figure is up 279.7% on the previous year and down 20.1% over ten years.
Over the whole period, gross fixed capital formation in Angola peaked at 26.4% in 2008 and was at its lowest, -24.5%, in 2020.
That places Angola 104th out of 166 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 fixed capital formation in Angola, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2003 | 13.9% | — |
| 2004 | 17.1% | +23.5% |
| 2005 | 12.2% | -28.8% |
| 2006 | 4.2% | -65.2% |
| 2007 | 12.1% | +185.9% |
| 2008 | 26.4% | +117.9% |
| 2009 | 9.2% | -65.1% |
| 2010 | -8.9% | -196.3% |
| 2011 | 10.3% | -215.7% |
| 2012 | 7.3% | -28.5% |
| 2013 | 1.7% | -77.5% |
| 2014 | 3.3% | +100.0% |
| 2015 | -2.3% | -171.0% |
| 2016 | -7.7% | +228.1% |
| 2017 | -20.9% | +171.2% |
| 2018 | 0.0% | -100.1% |
| 2019 | 4.4% | +21021.0% |
| 2020 | -24.5% | -659.2% |
| 2021 | -6.3% | -74.3% |
| 2022 | 5.1% | -181.6% |
| 2023 | -1.5% | -128.6% |
| 2024 | 2.6% | -279.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.6% | 4.2% | 26.4% | 7 |
| 2010s | -1.3% | -20.9% | 10.3% | 10 |
| 2020s | -4.9% | -24.5% | 5.1% | 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)
- 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.09 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9153 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 2,864 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 4.09 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 141.1 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation in Angola?
- Gross fixed capital formation in Angola was 2.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross fixed capital formation recorded in Angola?
- The highest recorded value was 26.4% in 2008.
- What is the lowest gross fixed capital formation recorded in Angola?
- The lowest recorded value was -24.5% in 2020.
- How does Angola rank for gross fixed capital formation?
- Angola ranks 104th out of 166 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Angola?
- Over the last ten years it is down 20.1%. 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 Offices (NSOs), published as part of Gross fixed capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.