Government Expenditure: Angola

Analysis# Angola Government Expenditure Angola's government expenditure stood at 18.403% of GDP in 2026, reflecting a sharp decline from its 2008 peak of 47.201% of GDP. The country has reduced spending by 29.2 percentage points since 2004, though current levels remain slightly above the 2021 low of 17.28%. The recent decade shows Angola stabilizing expenditure in the 18-20% range after dramatic cuts in the mid-2010s. The most dramatic shift occurred between 2008 and 2021, when Angola nearly halved its government spending relative to GDP. This contraction likely reflects both commodity price pressures and fiscal consolidation efforts. From 2021 onward, spending has settled into a narrow band between 17.28% and 19.994%, with 2026 projections maintaining this moderate level around 18.4%.