Final Consumption Expenditure (USD) rose 21.1% to USD 85,631 bil in Angola in 2017

Final Consumption Expenditure (USD) (USD bil)
Economy | Angola | December 2, 2019
$2.99
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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
Angola USD bil 58,375 68,191 80,898 90,986 80,379
Botswana USD bil 9,949 10,276 10,516 10,868 10,472
Central African Republic USD bil 2,169 2,092 1,547 1,947 1,711
Congo USD bil 6,532 6,915 8,254 7,935 7,375
Dem. Republic of the Congo USD bil 21,001 27,084 27,037 29,374 31,971
Namibia USD bil 11,116 11,717 11,675 11,650 11,239
South Africa USD bil 330,757 321,904 297,515 283,191 254,427
Tanzania USD bil 27,089 29,651 33,409 35,757 34,960
Zambia USD bil ... 15,485 16,478 18,057 18,107 13,841 ...
Zimbabwe USD bil 14,450 19,507 20,136 20,114 21,639