Angola AO: Military Expenditure

1978 - 2021 | Yearly | AOA mn | World Bank

Angola AO: Military Expenditure data was reported at 614,988.000 AOA mn in 2021. This records an increase from the previous number of 573,920.000 AOA mn for 2020. Angola AO: Military Expenditure data is updated yearly, averaging 4,418.195 AOA mn from Dec 1978 to 2021, with 44 observations. The data reached an all-time high of 673,000.000 AOA mn in 2014 and a record low of 0.000 AOA mn in 1978. Angola AO: Military Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Angola – Table AO.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;;Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

View Angola's Angola AO: Military Expenditure from 1978 to 2021 in the chart:

Angola Angola AO: Military Expenditure

What was Angola's Angola AO: Military Expenditure in 2021?

Last Previous Min Max Unit Frequency Range
614,988.000 2021 573,920.000 2020 0.000 1978 673,000.000 2014 AOA mn yearly 1978 - 2021

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 8,699.480 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 3,553.828 2028 yearly 1980 - 2028
Forecast: Real GDP Growth (%) 4.230 2028 yearly 1980 - 2028
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (AOA bn) 25,453.760 2028 yearly 1996 - 2028
Forecast: Government Net Debt (AOA bn) 66,358.330 2028 yearly 2000 - 2028
Forecast: Government Revenue (AOA bn) 27,090.490 2028 yearly 1996 - 2028
Budgetary Central Government: Expense (AOA mn) 268,925.460 Jun 2017 monthly Jan 2016 - Jun 2017
Budgetary Central Government: Revenue (AOA mn) 347,381.480 Jun 2017 monthly Jan 2016 - Jun 2017
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 42.641 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 8.890 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) 2.023 2028 yearly 1980 - 2028

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