Gross fixed capital formation in Angola
Angola: Gross fixed capital formation was 10.6% in 2024. ◆ Volatile
Gross fixed capital formation in Angola, 1985–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation in Angola is 10.6%, measured in 2024.
Compared with earlier readings it is down 14.5% on the previous year and down 62.6% over ten years.
Over the whole period, gross fixed capital formation in Angola peaked at 43.0% in 2009 and was at its lowest, 0.0%, in 1985.
That places Angola 170th out of 180 countries with data for 2024, putting it in the bottom quarter.
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 | % of GDP | Change |
|---|---|---|
| 1985 | 0.0% | — |
| 1986 | 0.0% | — |
| 1987 | 0.0% | — |
| 1988 | 0.0% | — |
| 1989 | 0.0% | — |
| 1990 | 0.0% | — |
| 2002 | 31.3% | — |
| 2003 | 30.3% | -3.0% |
| 2004 | 31.2% | +2.8% |
| 2005 | 29.0% | -7.0% |
| 2006 | 22.9% | -21.0% |
| 2007 | 26.3% | +14.7% |
| 2008 | 30.6% | +16.5% |
| 2009 | 43.0% | +40.6% |
| 2010 | 28.9% | -32.7% |
| 2011 | 27.4% | -5.1% |
| 2012 | 27.8% | +1.3% |
| 2013 | 27.2% | -2.3% |
| 2014 | 28.4% | +4.7% |
| 2015 | 29.1% | +2.2% |
| 2016 | 29.6% | +1.9% |
| 2017 | 28.7% | -3.1% |
| 2018 | 23.9% | -16.8% |
| 2019 | 24.5% | +2.3% |
| 2020 | 19.7% | -19.6% |
| 2021 | 16.2% | -17.5% |
| 2022 | 14.5% | -10.8% |
| 2023 | 12.4% | -14.1% |
| 2024 | 10.6% | -14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0% | 0.0% | 0.0% | 5 |
| 1990s | 0.0% | 0.0% | 0.0% | 1 |
| 2000s | 30.6% | 22.9% | 43.0% | 8 |
| 2010s | 27.6% | 23.9% | 29.6% | 10 |
| 2020s | 14.7% | 10.6% | 19.7% | 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)
- Manufacturing, value added (constant LCU), per capita 30,980 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -5.32 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2707 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 847.09 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual -0.7284 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 286.37 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 896,176 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 1.84 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation in Angola?
- Gross fixed capital formation in Angola was 10.6% 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 43.0% in 2009.
- What is the lowest gross fixed capital formation recorded in Angola?
- The lowest recorded value was 0.0% in 1985.
- How does Angola rank for gross fixed capital formation?
- Angola ranks 170th out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Angola?
- Over the last ten years it is down 62.6%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.