Angola recorded a government budget deficit of 1139.90 AOA Billion in 2017.

Government Budget Value in Angola averaged -13.59 AOA Billion from 2003 until 2017, reaching an all time high of 1000.90 AOA Billion in 2011 and a record low of -1139.90 AOA Billion in 2017. This page provides - Angola Government Budget Value- actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola Government Budget Value - values, historical data and charts - was last updated on June of 2020. source: Ministry of Finance of Angola

Government Budget Value in Angola is expected to reach -2650.00 AOA Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Government Budget Value is projected to trend around -2564.00 AOA Billion in 2021, according to our econometric models.

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Angola Government Budget Value

Actual Previous Highest Lowest Dates Unit Frequency
-1139.90 -781.20 1000.90 -1139.90 2003 - 2017 AOA Billion Yearly

Angola Government Last Previous Highest Lowest Unit
Government Debt to GDP 111.00 80.50 111.00 16.10 percent [+]
Government Budget -0.70 -2.80 11.40 -7.00 percent of GDP [+]
Government Revenues 3667.80 3514.50 5053.80 394.90 AOA Billion [+]
Fiscal Expenditure 4807.70 4295.70 5375.10 467.50 AOA Billion [+]
Government Spending 3812.80 3480.10 3812.80 390.80 AOA Billion [+]
Government Budget Value -1139.90 -781.20 1000.90 -1139.90 AOA Billion [+]
Military Expenditure 2508.00 3063.00 7798.00 207.00 USD Million [+]
Credit Rating 23.00 [+]


Angola Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.