Gross fixed capital formation (current US$) in Angola
Angola: Gross fixed capital formation (current US$) was 10.95 billion current US$ in 2024. ◆ Volatile
Gross fixed capital formation in Angola, 1985–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Angola recorded 10.95 billion current US$ for gross fixed capital formation in 2024.
That represents a change of down 16.9% on the previous year and down 74.9% over ten years.
Over the whole period, gross fixed capital formation in Angola peaked at 43.63 billion current US$ in 2014 and was at its lowest, 0 current US$, in 1985.
That places Angola 88th out of 181 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$) in Angola, year by year
| Year | current US$ | Change |
|---|---|---|
| 1985 | 0 current US$ | — |
| 1986 | 0 current US$ | — |
| 1987 | 0 current US$ | — |
| 1988 | 0 current US$ | — |
| 1989 | 0 current US$ | — |
| 1990 | 0 current US$ | — |
| 2002 | 5.41 billion current US$ | — |
| 2003 | 6.17 billion current US$ | +14.0% |
| 2004 | 8.42 billion current US$ | +36.4% |
| 2005 | 12.00 billion current US$ | +42.5% |
| 2006 | 13.43 billion current US$ | +11.9% |
| 2007 | 19.17 billion current US$ | +42.8% |
| 2008 | 30.21 billion current US$ | +57.6% |
| 2009 | 35.13 billion current US$ | +16.3% |
| 2010 | 27.63 billion current US$ | -21.4% |
| 2011 | 34.45 billion current US$ | +24.7% |
| 2012 | 39.90 billion current US$ | +15.8% |
| 2013 | 40.43 billion current US$ | +1.3% |
| 2014 | 43.63 billion current US$ | +7.9% |
| 2015 | 29.81 billion current US$ | -31.7% |
| 2016 | 18.01 billion current US$ | -39.6% |
| 2017 | 24.58 billion current US$ | +36.5% |
| 2018 | 21.63 billion current US$ | -12.0% |
| 2019 | 19.85 billion current US$ | -8.2% |
| 2020 | 11.51 billion current US$ | -42.0% |
| 2021 | 12.70 billion current US$ | +10.3% |
| 2022 | 18.55 billion current US$ | +46.1% |
| 2023 | 13.17 billion current US$ | -29.0% |
| 2024 | 10.95 billion current US$ | -16.9% |
Angola compared with similar countries
- Angola's 10.95 billion current US$ is above the median for lower middle income countries, which is 5.47 billion current US$, 2.0× the median. (45 countries reporting)
- Angola's 10.95 billion current US$ is above the median for Sub-Saharan Africa, which is 4.33 billion current US$, 2.5× the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 current US$ | 0 current US$ | 0 current US$ | 5 |
| 1990s | 0 current US$ | 0 current US$ | 0 current US$ | 1 |
| 2000s | 16.24 billion current US$ | 5.41 billion current US$ | 35.13 billion current US$ | 8 |
| 2010s | 29.99 billion current US$ | 18.01 billion current US$ | 43.63 billion current US$ | 10 |
| 2020s | 13.38 billion current US$ | 10.95 billion current US$ | 18.55 billion current US$ | 5 |
Countries ranked near Angola
More economy & growth data for Angola
- Real gdp growth, annual growth rate 275.23 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross fixed capital formation in Angola?
- Gross fixed capital formation in Angola was 10.95 billion current US$ 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 43.63 billion current US$ in 2014.
- What is the lowest gross fixed capital formation recorded in Angola?
- The lowest recorded value was 0 current US$ in 1985.
- How does Angola rank for gross fixed capital formation?
- Angola ranks 88th 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 down 74.9%. 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 (current US$). 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 indicator is expressed in United States dollars.