Gross fixed capital formation (current LCU) in Angola
Angola: Gross fixed capital formation (current LCU) was 11.05 trillion current LCU in 2024. ◆ Volatile
Gross fixed capital formation in Angola, 1985–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Angola recorded 11.05 trillion current LCU for gross fixed capital formation in 2024. That is the highest value across all 29 years on record.
That represents a change of up 14.8% on the previous year and up 140.4% over ten years.
Over the whole period, gross fixed capital formation in Angola peaked at 11.05 trillion current LCU in 2024 and was at its lowest, 0 current LCU, in 1985.
That places Angola 32nd out of 181 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU) in Angola, year by year
| Year | current LCU | Change |
|---|---|---|
| 1985 | 0 current LCU | — |
| 1986 | 0 current LCU | — |
| 1987 | 0 current LCU | — |
| 1988 | 0 current LCU | — |
| 1989 | 0 current LCU | — |
| 1990 | 0 current LCU | — |
| 2002 | 235.64 billion current LCU | — |
| 2003 | 460.52 billion current LCU | +95.4% |
| 2004 | 703.26 billion current LCU | +52.7% |
| 2005 | 1.05 trillion current LCU | +48.7% |
| 2006 | 1.08 trillion current LCU | +3.2% |
| 2007 | 1.47 trillion current LCU | +36.3% |
| 2008 | 2.27 trillion current LCU | +54.1% |
| 2009 | 2.79 trillion current LCU | +23.0% |
| 2010 | 2.54 trillion current LCU | -8.9% |
| 2011 | 3.24 trillion current LCU | +27.4% |
| 2012 | 3.81 trillion current LCU | +17.7% |
| 2013 | 4.03 trillion current LCU | +5.8% |
| 2014 | 4.60 trillion current LCU | +14.0% |
| 2015 | 4.60 trillion current LCU | -0.0% |
| 2016 | 5.65 trillion current LCU | +22.9% |
| 2017 | 6.76 trillion current LCU | +19.6% |
| 2018 | 6.98 trillion current LCU | +3.2% |
| 2019 | 8.49 trillion current LCU | +21.8% |
| 2020 | 7.52 trillion current LCU | -11.4% |
| 2021 | 8.50 trillion current LCU | +13.1% |
| 2022 | 9.27 trillion current LCU | +9.0% |
| 2023 | 9.63 trillion current LCU | +3.8% |
| 2024 | 11.05 trillion current LCU | +14.8% |
Angola compared with similar countries
- Angola's 11.05 trillion current LCU is above the median for lower middle income countries, which is 457.10 billion current LCU, 24.2× the median. (45 countries reporting)
- Angola's 11.05 trillion current LCU is above the median for Sub-Saharan Africa, which is 1.15 trillion current LCU, 9.6× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 current LCU | 0 current LCU | 0 current LCU | 5 |
| 1990s | 0 current LCU | 0 current LCU | 0 current LCU | 1 |
| 2000s | 1.26 trillion current LCU | 235.64 billion current LCU | 2.79 trillion current LCU | 8 |
| 2010s | 5.07 trillion current LCU | 2.54 trillion current LCU | 8.49 trillion current LCU | 10 |
| 2020s | 9.19 trillion current LCU | 7.52 trillion current LCU | 11.05 trillion current LCU | 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)
- 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 fixed capital formation in Angola?
- Gross fixed capital formation in Angola was 11.05 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Angola?
- The highest recorded value was 11.05 trillion current LCU in 2024.
- What is the lowest gross fixed capital formation recorded in Angola?
- The lowest recorded value was 0 current LCU in 1985.
- How does Angola rank for gross fixed capital formation?
- Angola ranks 32nd out of 181 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Angola?
- Over the last ten years it is up 140.4%. 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 fixed capital formation (current LCU). 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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.