Government Spending in Angola increased to 3812.80 AOA Billion in 2017 from 3480.10 AOA Billion in 2016.

Government Spending in Angola averaged 2151.02 AOA Billion from 2003 until 2017, reaching an all time high of 3812.80 AOA Billion in 2017 and a record low of 390.80 AOA Billion in 2003. This page provides - Angola Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news. Angola Government Spending - values, historical data and charts - was last updated on August of 2020.

Government Spending in Angola is expected to reach 3660.00 AOA Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Government Spending is projected to trend around 3733.00 AOA Billion in 2021 and 3823.00 AOA Billion in 2022, according to our econometric models.

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Angola Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
3812.80 3480.10 3812.80 390.80 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 [+]
Military Expenditure 2508.00 3063.00 7798.00 207.00 USD Million [+]
Credit Rating 23.00 [+]
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 [+]

Angola Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.