The ratio of government revenue to gross domestic product (GDP) in Angola was forecast to continuously decrease between 2024 and 2029 by in total 4.3 percentage points. After the fifth consecutive decreasing year, the ratio is estimated to reach 13.68 percent and therefore a new minimum in 2029. Depicted here is the general government revenue as a share of the national gross domestic product. As defined by the International Monetary Fund, the general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). General government revenue as a share of GDP in Angola from 2012 to 2029 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1230742/general-government-revenue-as-a-share-of-gdp-in-angola/
IMF. "General government revenue as a share of GDP in Angola from 2012 to 2029." Chart. October 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1230742/general-government-revenue-as-a-share-of-gdp-in-angola/
IMF. (2024). General government revenue as a share of GDP in Angola from 2012 to 2029. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1230742/general-government-revenue-as-a-share-of-gdp-in-angola/
IMF. "General Government Revenue as a Share of Gdp in Angola from 2012 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1230742/general-government-revenue-as-a-share-of-gdp-in-angola/
IMF, General government revenue as a share of GDP in Angola from 2012 to 2029 Statista, https://www.statista.com/statistics/1230742/general-government-revenue-as-a-share-of-gdp-in-angola/ (last visited November 21, 2024)
General government revenue as a share of GDP in Angola from 2012 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1230742/general-government-revenue-as-a-share-of-gdp-in-angola/