Angola Government Budget
Angola recorded a Government Budget surplus equal to 2.40 percent of the country's Gross Domestic Product in 2013. Government Budget in Angola averaged 5.18 Percent of GDP from 2003 until 2013, reaching an all time high of 11.40 Percent of GDP in 2007 and a record low of -7 Percent of GDP in 2003. Government Budget in Angola is reported by the African Development Bank.
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Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Angola Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.