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Economy of Afghanistan vs Angola compared: GDP & Debt

Updated on by Georank team

Afghanistan has a GDP of $17.2B compared to $101B for Angola, ranking 137/197 and 71/197 by economy size, respectively.

Afghanistan has $1.44B in government debt (8.8% of GDP), compared to $60.5B (59.9% of GDP) in Angola.

Afghanistan vs Angola GDP by year

Afghanistan
Angola
1x
Year GDP, current $
Afghanistan Angola
2024 - $100,998,916,781
2023 $17,152,234,637 $107,167,747,140
2022 $14,497,243,872 $131,212,208,930
2021 $14,259,995,441 $79,559,543,805
2020 $19,955,929,052 $58,852,456,454
2019 $18,799,444,490 $80,734,428,593
2018 $18,053,222,687 $89,512,794,227
2017 $18,753,456,498 $84,376,935,689
2016 $18,116,572,395 $59,878,249,719
2015 $19,134,221,645 $102,543,067,841
2014 $20,497,128,556 $153,449,860,496
2013 $20,146,416,758 $148,845,200,697
2012 $19,907,329,778 $143,572,907,528
2011 $17,805,098,206 $125,551,634,704
2010 $15,856,668,556 $95,546,919,755
2009 $12,416,152,732 $81,705,175,408
2008 $10,109,297,048 $98,790,432,989
2007 $9,747,886,187 $73,037,821,927
2006 $6,971,758,282 $58,653,659,980
2005 $6,203,256,539 $41,396,636,383
2004 $5,224,896,719 $26,997,977,897
2003 $4,520,946,819 $20,342,128,112
2002 $3,825,701,439 $17,311,512,432
2001 $2,813,571,754 $8,936,079,118
2000 $3,521,418,060 $9,129,594,970
1999 - $6,152,923,310
1998 - $6,506,221,616
1997 - $7,648,380,196
1996 - $7,526,421,519
1995 - $5,538,749,260
1994 - $4,438,321,017
1993 - $5,768,720,422
1992 - $8,307,810,974
1991 - $10,603,784,541
1990 - $11,229,515,599
1989 - $10,201,780,977
1988 - $8,769,836,769
1987 - $8,084,412,414
1986 - $7,072,536,109
1985 - $7,554,065,410
1984 - $6,131,475,065
1983 - $5,784,341,596
1982 - $5,550,483,036
1981 - $5,550,483,036
1980 - $5,930,503,401

Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/angola | CC BY

GDP per capita in Afghanistan vs Angola by year

Afghanistan
GDP per capita

GDP per capita, PPP
Angola
GDP per capita

GDP per capita, PPP
1x
Year Current $
Afghanistan Angola
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $2,666 $10,119
2023 $414 $2,202 $2,916 $9,754
2022 $357 $2,123 $3,682 $9,588
2021 $356 $2,144 $2,304 $8,862
2020 $511 $2,562 $1,759 $7,827
2019 $497 $2,583 $2,494 $8,573
2018 $491 $2,432 $2,860 $8,278
2017 $525 $2,336 $2,791 $8,007
2016 $522 $2,213 $2,052 $7,767
2015 $566 $2,284 $3,642 $8,067
2014 $625 $2,224 $5,650 $9,018
2013 $637 $2,133 $5,689 $8,504
2012 $651 $1,988 $5,702 $8,246
2011 $607 $1,744 $5,184 $7,538
2010 $561 $1,766 $4,102 $7,412
2009 $452 $1,571 $3,645 $7,228
2008 $382 $1,334 $4,578 $7,316
2007 $376 $1,287 $3,515 $6,728
2006 $274.2 $1,122 $2,930 $6,018
2005 $254.2 $1,076 $2,146 $5,416
2004 $221.8 $972 $1,451 $4,771
2003 $198.9 $967 $1,134 $4,322
2002 $179 $927 $999 $4,241
2001 $138.7 $748 $534 $3,802
2000 $174.9 $814 $564 $3,690
1999 - - $393 $3,619
1998 - - $429 $3,609
1997 - - $522 $3,525
1996 - - $531 $3,342
1995 - - $404 $2,990
1994 - - $335 $2,633
1993 - - $450 $2,628
1992 - - $669 $3,486
1991 - - $882 $3,740
1990 - - $966 $3,705
1989 - - $908 -
1988 - - $807 -
1987 - - $770 -
1986 - - $698 -
1985 - - $772 -
1984 - - $650 -
1983 - - $637 -
1982 - - $634 -
1981 - - $658 -
1980 - - $729 -

Data sources: World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06).

GeoRank.org/economy/afghanistan/angola | CC BY

Afghanistan's GDP per capita is $414, ranking 196/197, compared to $2,666 in Angola, ranking 144/197. Adjusted for purchasing power (GDP per capita PPP), Afghanistan ranks 184th at $2,202, while Angola ranks 133rd at $10,119.

Economic indicators

Afghanistan Angola
Gross domestic product
$17.2B
2023
$101B
2024
GDP rank
137/197
2023
71/197
2024
GDP growth
2.27%
2022-2023
4.42%
2023-2024
GDP per capita
$414
2023
$2,666
2024
GDP per capita rank
196/197
2023
144/197
2024
GDP per capita, PPP
$2,202
2023
$10,119
2024
GDP per capita PPP rank
184/197
2023
133/197
2024
Government debt
$1.44B
2023
$60.5B
2024
Debt-to-GDP ratio
8.8%
2024
59.9%
2024
Government debt per person
$34.8
2023
$1,597
2024
Government debt per person rank
185/185
2023
127/185
2024
Average annual personal income after taxes
$1,869
2026
$28,080
2026
Income share by richest 10% n/a
39.6%
2018
Income share by poorest 10% n/a
1.3%
2018
Government expenditure, % of GDP
19.4%
2024
18.4%
2024
Consumer prices inflation
-4.3%
2023-2024
28.2%
2023-2024
Central bank interest rate
6%
2021
18%
2023
Unemployment rate
5.68%
2021
14.1%
2022
Population
45409324
40555924

Spending and national debt comparison by year

Afghanistan
Spending

Debt
Angola
Spending

Debt
1x
Year % of GDP
Afghanistan Angola
Government spending Government debt Government spending Government debt
2024 19.4% 8.8% 18.4% 59.9%
2023 17% 8.42% 18.8% 72.4%
2022 16.1% 10.8% 19.5% 56.1%
2021 17.9% 11.2% 17.3% 74.3%
2020 27.9% 7.33% 20% 119.1%
2019 28% 6.14% 18.2% 101.4%
2018 28.9% 7.38% 18.3% 82.5%
2017 27.7% 8% 21% 60.5%
2016 28% 8.44% 19.4% 66.7%
2015 25.9% 9.15% 23.9% 50.4%
2014 25.4% 8.7% 32.3% 35.3%
2013 25% 6.92% 32.9% 29.5%
2012 25% 6.77% 33.2% 23.8%
2011 21.9% 7.52% 33.3% 26.3%
2010 20.8% 7.71% 34.6% 32.6%
2009 21.2% 16.2% 38.7% 48.4%
2008 20.9% 19.1% 47.2% 28.1%
2007 21.4% 20.1% 34.1% 18.8%
2006 18.3% 23% 27.3% 16.7%
2005 15.7% 206.4% 23.7% 29.9%
2004 15.1% 245% 26% 41.6%
2003 11.9% 270.6% 30.1% 50.8%
2002 6.94% 346% 27.6% 65.1%
2001 - - 30.3% 100.2%
2000 - - 35.8% 118.2%
1999 - - 39.4% 104.8%
1998 - - 26.1% 96.3%
1997 - - 26.8% 73.5%
1996 - - 25.2% 92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/angola | CC BY

In 2024, Afghanistan's government spending was $2.91B, accounting for 19.4% of its GDP, while Angola spent $18.6B, or 18.4% of GDP.

Debt-to-GDP ratio is 8.8% in Afghanistan and 59.9% in Angola, ranking 181/185 and 78/185, respectively.

Government deficit by year

Deficit/surplus
Afghanistan

Angola
1x
Year Deficit/surplus, % of GDP
Afghanistan Angola
2024 -0.54% -1.01%
2023 -1.33% -1.83%
2022 -1% 0.58%
2021 -0.48% 3.4%
2020 -2.24% -1.66%
2019 -1.06% 0.69%
2018 1.63% 2.03%
2017 -0.67% -5.75%
2016 0.13% -3.98%
2015 -1.38% -2.57%
2014 -1.72% -5.07%
2013 -0.63% -0.27%
2012 0.18% 3.68%
2011 -0.67% 7.2%
2010 0.93% 2.98%
2009 -1.76% -6.8%
2008 -3.86% -3.8%
2007 -2.46% 3.85%
2006 0.68% 8.42%
2005 -0.92% 6.4%
2004 -2.39% 1.03%
2003 -2.1% -4.1%
2002 -0.1% -2.24%
2001 - 2.8%
2000 - 2.02%
1999 - -8.1%
1998 - -5.1%
1997 - -0.23%
1996 - 4.49%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/angola | CC BY

In 2023, Afghanistan's government deficit, the difference between spending and revenue, was $228M, equivalent to 1.33% of GDP. This compares to Angola's deficit of $1.96B, or 1.83% of GDP.

Over the past 22 years, Afghanistan recorded a fiscal deficit in 17 of those years, while Angola ran a deficit in 11 years. On average, Afghanistan posted an annual deficit equal to 0.96% of GDP, compared to surplus of 0.1% of GDP for Angola.

Inflation comparison by year

Inflation
Afghanistan

Angola
1x
Year Consumer prices inflation
Afghanistan Angola
2024 -4.3% 28.2%
2023 -7.7% 13.6%
2022 10.6% 21.4%
2021 7.8% 25.8%
2020 5.6% 22.3%
2019 2.3% 17.1%
2018 0.6% 19.6%
2017 5% 29.8%
2016 4.4% 30.7%
2015 -0.7% 9.2%
2014 4.7% 7.3%
2013 7.4% 8.8%
2012 6.4% 10.3%
2011 11.8% 13.5%
2010 2.2% 14.5%
2009 -6.8% 13.7%
2008 26.4% 12.5%
2007 8.7% 12.2%
2006 6.8% 13.3%
2005 10.6% 23%
2004 16.4% 43.5%
2003 35.7% 98.2%
2002 - 108.9%
2001 - 152.6%
2000 - 325%
1999 - 248.2%
1998 - 107.4%
1997 - 221.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/afghanistan/angola | CC BY

Over the past 22 years, Afghanistan has recorded an average annual inflation rate of 7%, compared with 22.2% in Angola. In 2024, inflation was -4.3% in Afghanistan and 28.2% in Angola.

Balance of trade

Afghanistan Angola
Current account balance
-$3.14B
2020
$6.31B
2024
Current account balance ranking
159/190
2020
30/190
2024
Current account balance, % of GDP
-15.7%
2020
+6.25%
2024
Goods imports
$5.88B
2020
$14.2B
2024
Goods exports
$777M
2020
$36.8B
2024
Service imports
$1.11B
2020
$8.49B
2024
Service exports
$700M
2020
$129M
2024
Imports of goods and services, % of GDP
50.7%
2023
19.4%
2024
Exports of goods and services, % of GDP
16.9%
2023
31.5%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Afghanistan Angola
Economic freedom 53 54.4
Economic freedom ranking 142/197 133/197
Property rights 3.6 36.9
Government integrity 13.5 28.3
Judicial effectiveness 0 26.3
Tax burden 92 86.9
Government spending 90.8 89.3
Fiscal health 98.4 91.9
Business freedom 33.7 42.8
Labor freedom 44.4 50.8
Monetary freedom 84.9 59
Trade freedom 68.6 70.4
Investment freedom 10 30
Financial freedom 10 40

Economic freedom comparison by year

Afghanistan
Angola
1x
Year Economic freedom index
Afghanistan Angola
2026 - 54.4
2025 - 55
2024 - 54.3
2023 - 53
2022 - 52.6
2021 53 54.2
2020 54.7 52.2
2019 51.5 50.6
2018 51.3 48.6
2017 48.9 48.5
2016 - 48.9
2015 - 47.9
2014 - 47.7
2013 - 47.3
2012 - 46.7
2011 - 46.2
2010 - 48.4
2009 - 47
2008 - 46.9
2007 - 44.7
2006 - 43.5
2005 - -
2004 - -
2003 - -
2002 - -
2001 - -
2000 - 24.3
1999 - 23.7
1998 - 24.9
1997 - 24.2
1996 - 24.4
1995 - 27.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/afghanistan/angola | CC BY

The Economic Freedom Index for Afghanistan is 53, ranking 142/197, compared to 54.4 for Angola, ranking 133/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Afghanistan Angola
Services, % of GDP
46.4%
2023
41.1%
2024
Industry, % of GDP
13.4%
2023
34.6%
2024
Agriculture, forestry, and fishing, % of GDP
34.7%
2023
22.1%
2024
GNI, Atlas method
$15.5B
2023
$108B
2024
GNI per capita, PPP
$2,210
2023
$9,460
2024
Total reserves including gold
$9.75B
2020
$14.2B
2024
Total reserves ranking
78/177
2020
69/177
2024
Net foreign direct investment
$24.3M
2020
$1.14B
2024
Net inflows of foreign direct investment
$0
2024
-$1.11B
2024
Net outflows of foreign direct investment
$0
2024
$33.1M
2024
Servicing debt to the IMF, % of GNI
0.25%
2023
11.5%
2024
Poverty at national poverty lines
47.1%
2019
36.6%
2020
Gross capital formation, % of GDP
15.3%
2023
10.4%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/afghanistan/angola | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.