Government Spending in Angola increased to 5930.50 AOA Billion in 2020 from 4956.30 AOA Billion in 2019. source: Ministerio das Financas de Angola

Government Spending in Angola averaged 2632.39 AOA Billion from 2003 until 2020, reaching an all time high of 5930.50 AOA Billion in 2020 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 2022.

Government Spending in Angola is expected to reach 6114.00 AOA Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Government Spending is projected to trend around 6316.00 AOA Billion in 2023 and 6518.00 AOA Billion in 2024, according to our econometric models.

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Angola Government Spending

Related Last Previous Unit Reference
Government Spending 5930.50 4956.30 AOA Billion Dec 2020

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.
Actual Previous Highest Lowest Dates Unit Frequency
5930.50 4956.30 5930.50 390.80 2003 - 2020 AOA Billion Yearly