Government Spending in Angola increased to 3812.80 AOA Billion in 2017 from 3480.10 AOA Billion in 2016. Angola Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

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.

Government Spending in Angola is expected to reach 3859.00 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 3940.00 AOA Billion in 2021 and 4038.00 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 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.