Final consumption expenditure reached 85,631 USD bil in 2017 in Angola, according to the National Statistical Office. This is 21.1 % more than in the previous year.
Historically, final consumption expenditure in Angola reached an all time high of 90,986 USD bil in 2014 and an all time low of 2.74 USD bil in 1994. When compared to Angola's main peers, final consumption expenditure in Botswana amounted to 11,653 USD bil, 12,342 USD bil in Namibia and 31,256 USD bil in Dem. Republic of the Congo in 2017.
Angola has been ranked 60th within the group of 161 countries we follow in terms of final consumption expenditure, 16 places above the position seen 10 years ago.
Final consumption expenditure consists of expenditure incurred by resident institutional units on goods or services that are used for the direct satisfaction of the individual needs or wants or the collective needs of members of the community.
|Final Consumption Expenditure (USD)||Unit||2009||2010||2011||2012||2013||2014||2015||2016||2017|
|Central African Republic||USD bil||2,169||2,092||1,547||1,947||1,711|
|Dem. Republic of the Congo||USD bil||21,001||27,084||27,037||29,374||31,971|
|South Africa||USD bil||330,757||321,904||297,515||283,191||254,427|