The ratio of government revenue to gross domestic product (GDP) in Angola was forecast to continuously decrease between 2024 and 2029 by in total 4.5 percentage points. After the fifth consecutive decreasing year, the ratio is estimated to reach 16.3 percent and therefore a new minimum in 2029. The indicator shows the general government revenue as a share of the national gross domestic product. 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. (April 22, 2024). General government revenue as a share of GDP in Angola from 2012 to 2029 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/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. April 22, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/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 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/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.ezproxy.canberra.edu.au/statistics/1230742/general-government-revenue-as-a-share-of-gdp-in-angola/ (last visited September 20, 2024)
General government revenue as a share of GDP in Angola from 2012 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1230742/general-government-revenue-as-a-share-of-gdp-in-angola/