Angola: Household consumption, in dollars

The latest value from 2023 is 47.81 billion U.S. dollars, a decline from 48.6 billion U.S. dollars in 2022. In comparison, the world average is 380.52 billion U.S. dollars, based on data from 146 countries. Historically, the average for Angola from 2002 to 2023 is 31.9 billion U.S. dollars. The minimum value, 6.34 billion U.S. dollars, was reached in 2002 while the maximum of 60.46 billion U.S. dollars was recorded in 2014. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.