Households and NPISHs Final consumption expenditure, PPP in Angola
Angola: Households and NPISHs Final consumption expenditure, PPP was 174.66 billion constant 2021 international $ in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Angola, 2002–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
The most recent figure for households and npishs final consumption expenditure, ppp in Angola is 174.66 billion constant 2021 international $, measured in 2024. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 5.7% on the previous year and up 66.9% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in Angola peaked at 174.66 billion constant 2021 international $ in 2024 and was at its lowest, 44.36 billion constant 2021 international $, in 2002.
Angola ranks 61st of 170 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Households and NPISHs Final consumption expenditure, PPP in Angola, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2002 | 44.36 billion constant 2021 international $ | — |
| 2003 | 46.69 billion constant 2021 international $ | +5.3% |
| 2004 | 47.07 billion constant 2021 international $ | +0.8% |
| 2005 | 52.55 billion constant 2021 international $ | +11.6% |
| 2006 | 53.82 billion constant 2021 international $ | +2.4% |
| 2007 | 57.86 billion constant 2021 international $ | +7.5% |
| 2008 | 61.44 billion constant 2021 international $ | +6.2% |
| 2009 | 69.33 billion constant 2021 international $ | +12.8% |
| 2010 | 72.10 billion constant 2021 international $ | +4.0% |
| 2011 | 79.13 billion constant 2021 international $ | +9.8% |
| 2012 | 86.73 billion constant 2021 international $ | +9.6% |
| 2013 | 93.36 billion constant 2021 international $ | +7.6% |
| 2014 | 104.65 billion constant 2021 international $ | +12.1% |
| 2015 | 93.61 billion constant 2021 international $ | -10.5% |
| 2016 | 93.68 billion constant 2021 international $ | +0.1% |
| 2017 | 110.72 billion constant 2021 international $ | +18.2% |
| 2018 | 115.26 billion constant 2021 international $ | +4.1% |
| 2019 | 103.41 billion constant 2021 international $ | -10.3% |
| 2020 | 115.72 billion constant 2021 international $ | +11.9% |
| 2021 | 131.66 billion constant 2021 international $ | +13.8% |
| 2022 | 145.29 billion constant 2021 international $ | +10.4% |
| 2023 | 165.26 billion constant 2021 international $ | +13.7% |
| 2024 | 174.66 billion constant 2021 international $ | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.14 billion constant 2021 international $ | 44.36 billion constant 2021 international $ | 69.33 billion constant 2021 international $ | 8 |
| 2010s | 95.26 billion constant 2021 international $ | 72.10 billion constant 2021 international $ | 115.26 billion constant 2021 international $ | 10 |
| 2020s | 146.52 billion constant 2021 international $ | 115.72 billion constant 2021 international $ | 174.66 billion constant 2021 international $ | 5 |
Countries ranked near Angola
- 58 Dominican Republic 185.42 billion constant 2021 international $ compare
- 59 Hungary 184.24 billion constant 2021 international $ compare
- 60 Ghana 177.34 billion constant 2021 international $ compare
- 62 Denmark 159.11 billion constant 2021 international $ compare
- 63 Ecuador 156.72 billion constant 2021 international $ compare
- 64 Belarus 155.83 billion constant 2021 international $ 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)
- Gross capital formation (current US$), annual growth rate -16.87 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1064 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 289.43 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate 14.77 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 107.34 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 292,046 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 2.65 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1661 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Angola?
- Households and npishs final consumption expenditure, ppp in Angola was 174.66 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Angola?
- The highest recorded value was 174.66 billion constant 2021 international $ in 2024.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Angola?
- The lowest recorded value was 44.36 billion constant 2021 international $ in 2002.
- How does Angola rank for households and npishs final consumption expenditure, ppp?
- Angola ranks 61st out of 170 countries with data for 2024.
- Is households and npishs final consumption expenditure, ppp rising or falling in Angola?
- Over the last ten years it is up 66.9%. The long-run trend across the full record is rising.
- Where does this Angola data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.