Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — Angola

Household consumption (% of GDP) in Angola in 2024 — 61.7%. Ranked 89 in the world out of 168. Since 2002, the indicator has risen by 20.3 pp.

2024 61.7% +2.8 pp vs 2023
World rank 89of 168
Period maximum 61.7%2024
Period minimum 29.4%2008

Trend over time

2002–2024 · % of GDP

Household consumption (% of GDP) — Angola, 2002–2024203040506070200220052008201120142017202020232002: 41.4%2003: 42.6%2004: 40.5%2005: 32.6%2006: 30.2%2007: 31.2%2008: 29.4%2009: 37.7%2010: 35.4%2011: 33.8%2012: 34.7%2013: 36.7%2014: 47.4%2015: 56.1%2016: 53.5%2017: 53.7%2018: 51.5%2019: 48.5%2020: 56.1%2021: 51.2%2022: 52.6%2023: 58.9%2024: 61.7%
Change over the period: +20.3 pp Annual average: 0.92 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Angola

Angola 61.7%
World 56.6%
Middle Africa computed 58.9%
Household consumption (% of GDP) — Angola, by year Angola All countries CSV XLSX
Year % Change, pp
2024 61.7 +2.8 pp
2023 58.9 +6.3 pp
2022 52.6 +1.5 pp
2021 51.2 −5 pp
2020 56.1 +7.7 pp
2019 48.5 −3.1 pp
2018 51.5 −2.2 pp
2017 53.7 +0.3 pp
2016 53.5 −2.6 pp
2015 56.1 +8.6 pp
2014 47.4 +10.8 pp
2013 36.7 +2 pp
2012 34.7 +0.9 pp
2011 33.8 −1.6 pp
2010 35.4 −2.3 pp
2009 37.7 +8.3 pp
2008 29.4 −1.8 pp
2007 31.2 +0.9 pp
2006 30.2 −2.3 pp
2005 32.6 −7.9 pp
2004 40.5 −2.1 pp
2003 42.6 +1.2 pp
2002 41.4

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

Source: World Development Indicators (World Bank), license CC BY 4.0.