Home/Countries/Angola/Government Expense (% of GDP)

Angola—Government Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Series years: 2000–2019
Latest Value
14.6%
2019
YoY Change
+6.3%
2018 → 2019
Maximum
29.0%
2001
Minimum
13.7%
2018
CAGR
-2.1%
20 years
Last
14.6%
Previous
13.7%
Highest
29.0%
Lowest
13.7%
Unit
% of GDP
Source
World Bank World Development Indicators

Angola's government expense (% of GDP) was 14.6% in 2019. This represents a +6.3% change from 2018. Over the past 20 years, the highest recorded value was 29.0% (2001) and the lowest was 13.7% (2018). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
201914.6%+6.3%
201813.7%-4.5%
201714.3%-5.6%
201615.2%-17.2%
201518.4%-25.9%
201424.8%-1.2%
201325.1%+19.9%
201220.9%-11.9%
201123.7%+5.6%
201022.5%+2.5%
200921.9%+9.4%
200820.1%+7.8%
200718.6%+9.5%
200617.0%-8.6%
200518.6%+32.1%
200414.1%-37.9%
200322.7%+21.6%
200218.7%-35.7%
200129.0%+32.9%
200021.8%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →