The ratio of military expenditure to gross domestic product (GDP) in Angola increased by 0.04 percentage points (+3.1 percent) since the previous year. In total, the ratio amounted to 1.33 percent in 2022. This increase was preceded by a declining ratio. Military expenditure refers to the total amount of money spent on a country's armed forces, including peacekeeping and defense operations. This figure is then given as a share of its gross domestic product (not total government expenditure). When comparing international figures there may be some discrepancies depending on what countries consider military spending.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Chad and Cameroon.
Angola: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (June 28, 2024). Angola: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved September 08, 2024, from https://www.statista.com/statistics/810314/ratio-of-military-expenditure-to-gross-domestic-product-gdp-angola/
World Bank. "Angola: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. June 28, 2024. Statista. Accessed September 08, 2024. https://www.statista.com/statistics/810314/ratio-of-military-expenditure-to-gross-domestic-product-gdp-angola/
World Bank. (2024). Angola: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: September 08, 2024. https://www.statista.com/statistics/810314/ratio-of-military-expenditure-to-gross-domestic-product-gdp-angola/
World Bank. "Angola: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/810314/ratio-of-military-expenditure-to-gross-domestic-product-gdp-angola/
World Bank, Angola: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www.statista.com/statistics/810314/ratio-of-military-expenditure-to-gross-domestic-product-gdp-angola/ (last visited September 08, 2024)
Angola: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, June 28, 2024. [Online]. Available: https://www.statista.com/statistics/810314/ratio-of-military-expenditure-to-gross-domestic-product-gdp-angola/