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.

Government Spending in Angola is expected to be 3824.00 AOA Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Angola Government Spending is projected to trend around 4038.00 AOA Billion in 2020, 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.