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Economy of Albania vs Angola compared: GDP & Debt

Updated on by Georank

Albania has a GDP of $30.5B compared to $122B for Angola, ranking 113/197 and 68/197 by economy size, respectively.

Albania has $16.1B in government debt (52.6% of GDP), compared to $62.7B (51.3% of GDP) in Angola.

Albania vs Angola GDP by year

Albania
Angola
1x
Year GDP, current $
Albania Angola
2025 $30,540,188,271 $122,174,889,424
2024 $27,037,474,263 $103,080,538,044
2023 $23,491,242,727 $106,042,349,567
2022 $19,017,247,014 $128,233,959,333
2021 $18,031,989,573 $78,283,923,544
2020 $15,241,458,745 $58,512,033,806
2019 $15,585,111,614 $81,193,813,808
2018 $15,379,508,330 $90,506,061,877
2017 $13,258,268,436 $85,629,598,654
2016 $11,988,668,785 $60,770,049,747
2015 $11,470,171,827 $102,543,067,841
2014 $13,296,322,588 $153,449,860,496
2013 $12,796,985,886 $148,845,200,696
2012 $12,246,499,748 $143,572,907,528
2011 $12,973,755,875 $125,551,634,705
2010 $12,086,545,641 $95,546,919,754
2009 $12,335,540,656 $81,705,175,409
2008 $13,258,506,375 $98,790,432,989
2007 $11,116,937,870 $73,037,821,926
2006 $9,150,528,132 $58,653,659,980
2005 $8,256,658,250 $41,396,636,384
2004 $7,406,645,793 $26,997,977,896
2003 $5,801,712,040 $20,342,128,112
2002 $4,515,003,117 $17,311,512,433
2001 $4,059,064,033 $8,936,079,118
2000 $3,584,570,165 $9,129,594,970
1999 $3,283,941,510 $6,152,923,310
1998 $2,600,356,999 $6,506,221,616
1997 $2,293,666,030 $7,648,380,196
1996 $3,234,486,232 $7,526,421,519
1995 $2,905,092,799 $5,538,749,260
1994 $1,880,950,864 $4,438,321,017
1993 $1,185,315,468 $5,768,720,422
1992 $652,174,991 $8,307,810,974
1991 $1,099,559,028 $10,603,784,541
1990 $2,028,553,750 $11,229,515,599
1989 $2,253,090,000 $10,201,780,977
1988 $2,051,236,250 $8,769,836,769
1987 $2,080,796,250 $8,084,412,414
1986 $2,097,326,250 $7,072,536,109
1985 $1,897,050,117 $7,554,065,410
1984 $1,857,337,995 $6,131,475,065
1983 $1,881,412,587 $5,784,341,596
1982 $1,861,163,170 $5,550,483,036
1981 $1,808,177,156 $5,550,483,036
1980 $1,578,102,105 $5,930,503,401

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

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

GDP per capita in Albania vs Angola by year

Albania
GDP per capita

GDP per capita, PPP
Angola
GDP per capita

GDP per capita, PPP
1x
Year Current $
Albania Angola
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,998 - $3,129 -
2024 $11,374 $26,702 $2,721 $10,119
2023 $9,741 $24,822 $2,886 $9,754
2022 $7,757 $22,138 $3,599 $9,588
2021 $7,242 $18,213 $2,267 $8,862
2020 $6,028 $16,288 $1,749 $7,827
2019 $6,069 $16,442 $2,508 $8,573
2018 $5,898 $15,055 $2,892 $8,278
2017 $5,006 $14,111 $2,832 $8,007
2016 $4,458 $13,056 $2,082 $7,767
2015 $4,200 $12,387 $3,642 $8,067
2014 $4,794 $11,788 $5,650 $9,018
2013 $4,543 $10,882 $5,689 $8,504
2012 $4,281 $10,609 $5,702 $8,246
2011 $4,466 $10,273 $5,184 $7,538
2010 $4,149 $9,755 $4,102 $7,412
2009 $4,214 $9,031 $3,645 $7,228
2008 $4,499 $8,469 $4,578 $7,316
2007 $3,743 $7,585 $3,515 $6,728
2006 $3,058 $6,753 $2,930 $6,018
2005 $2,742 $6,014 $2,146 $5,416
2004 $2,447 $5,595 $1,451 $4,771
2003 $1,909 $5,169 $1,134 $4,322
2002 $1,480 $4,840 $999 $4,241
2001 $1,326 $4,451 $534 $3,802
2000 $1,160 $3,978 $564 $3,690
1999 $1,056 $3,549 $393 $3,619
1998 $831 $3,086 $429 $3,609
1997 $729 $2,760 $522 $3,525
1996 $1,021 $3,054 $531 $3,342
1995 $911 $2,777 $404 $2,990
1994 $586 $2,385 $335 $2,633
1993 $367 $2,143 $450 $2,628
1992 $200.9 $1,899 $669 $3,486
1991 $337 $1,989 $882 $3,740
1990 $617 $2,656 $966 $3,705
1989 $698 - $908 -
1988 $653 - $807 -
1987 $675 - $770 -
1986 $694 - $698 -
1985 $640 - $772 -
1984 $639 - $650 -
1983 $662 - $637 -
1982 $668 - $634 -
1981 $663 - $658 -
1980 $591 - $729 -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

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

Albania's GDP per capita is $12,998, ranking 79/197, compared to $3,129 in Angola, ranking 142/197. Adjusted for purchasing power (GDP per capita PPP), Albania ranks 79th at $26,702, while Angola ranks 133rd at $10,119.

Economic indicators

Albania Angola
Gross domestic product
$30.5B
2025
$122B
2025
GDP rank
113/197
2025
68/197
2025
GDP growth
3.79%
2024-2025
3.13%
2024-2025
GDP per capita
$12,998
2025
$3,129
2025
GDP per capita rank
79/197
2025
142/197
2025
GDP per capita, PPP
$26,702
2024
$10,119
2024
GDP per capita PPP rank
79/197
2024
133/197
2024
Government debt
$16.1B
2025
$62.7B
2025
Debt-to-GDP ratio
52.6%
2025
51.3%
2025
Government debt per person
$6,837
2025
$1,606
2025
Government debt per person rank
72/185
2025
127/185
2025
Average annual personal income after taxes
$9,481
2026
$2,550
2026
Number of billionaires
1
2026
n/a
Income share by richest 10%
22.8%
2020
39.6%
2018
Income share by poorest 10%
3.4%
2020
1.3%
2018
Government expenditure, % of GDP
30.1%
2025
18.9%
2025
Consumer prices inflation
2.2%
2024-2025
20.2%
2024-2025
Central bank interest rate
2.5%
2025
17.5%
2026
Unemployment rate
8.43%
2024
10.4%
2025
Population
2332078
40839390

Spending and national debt comparison by year

Albania
Spending

Debt
Angola
Spending

Debt
1x
Year % of GDP
Albania Angola
Government spending Government debt Government spending Government debt
2025 30.1% 52.6% 18.9% 51.3%
2024 28.9% 54.5% 19% 57.1%
2023 28.5% 58% 23.3% 75.7%
2022 30.3% 64.7% 24.8% 57.4%
2021 31.9% 74.8% 22.8% 75.5%
2020 32.4% 75.4% 24.4% 119.8%
2019 28.7% 66.6% 20.9% 100.8%
2018 28.7% 68.5% 17.8% 81.6%
2017 29.2% 71.9% 20.7% 59.6%
2016 29.1% 73.3% 19.1% 65.7%
2015 30.8% 73.7% 23.9% 50.4%
2014 31.7% 72% 32.3% 35.3%
2013 29.2% 70.4% 32.9% 29.5%
2012 28.2% 62.1% 33.2% 23.8%
2011 28.9% 59.4% 33.3% 26.3%
2010 29.4% 57.7% 34.6% 32.6%
2009 32.7% 59.7% 38.7% 48.4%
2008 31.7% 55.1% 47.2% 28.1%
2007 29.3% 53.6% 34.1% 18.8%
2006 29.2% 56.7% 27.3% 16.7%
2005 28.9% 58.2% 23.7% 29.9%
2004 30.2% 57.5% 26% 41.6%
2003 29.7% 60.2% 30.1% 50.8%
2002 31.5% 64.1% 27.6% 65.1%
2001 32.7% 60.6% 30.3% 100.2%
2000 33.8% 63.8% 35.8% 118.2%
1999 37.1% 68.2% 45.7% 104.8%
1998 36.8% 71.2% 30.3% 96.3%
1997 30.3% 72.2% 31.1% 73.5%
1996 - - 29.3% 92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-07-08).

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

In 2025, Albania's government spending was $9.19B, accounting for 30.1% of its GDP, while Angola spent $23B, or 18.9% of GDP.

Debt-to-GDP ratio is 52.6% in Albania and 51.3% in Angola, ranking 96/185 and 103/185, respectively.

Government deficit by year

Deficit/surplus
Albania

Angola
1x
Year Deficit/surplus, % of GDP
Albania Angola
2025 -1.75% -4.07%
2024 -0.72% -1.19%
2023 -1.32% -2.49%
2022 -3.64% 1.78%
2021 -4.57% 1.35%
2020 -6.67% -3.05%
2019 -1.84% -0.2%
2018 -1.58% 2%
2017 -1.41% -5.68%
2016 -1.5% -3.93%
2015 -4.32% -2.58%
2014 -5.46% -5.08%
2013 -5.22% -0.28%
2012 -3.44% 3.67%
2011 -3.52% 7.17%
2010 -3.52% 2.96%
2009 -6.59% -6.83%
2008 -4.88% -3.82%
2007 -3.18% 3.81%
2006 -3.26% 8.42%
2005 -3.46% 6.4%
2004 -5.16% 1.03%
2003 -5.01% -4.1%
2002 -6.21% -2.24%
2001 -6.84% 2.8%
2000 -7.77% 2.02%
1999 -8.84% -9.4%
1998 -9.93% -5.92%
1997 -11.9% -0.27%
1996 - 5.22%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08).

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

In 2025, Albania's government deficit, the difference between spending and revenue, was $533M, equivalent to 1.75% of GDP. This compares to Angola's deficit of $4.97B, or 4.07% of GDP.

Over the past 29 years, Albania recorded a fiscal deficit in 29 of those years, while Angola ran a deficit in 17 years. On average, Albania posted an annual deficit equal to 4.6% of GDP, compared to deficit of 0.61% of GDP for Angola.

Inflation comparison by year

Inflation
Albania

Angola
1x
Year Consumer prices inflation
Albania Angola
2025 2.2% 20.2%
2024 2.2% 28.2%
2023 4.8% 13.6%
2022 6.7% 21.4%
2021 2% 25.8%
2020 1.6% 22.3%
2019 1.4% 17.1%
2018 2% 19.6%
2017 2% 29.8%
2016 1.3% 30.7%
2015 1.9% 9.2%
2014 1.6% 7.3%
2013 1.9% 8.8%
2012 2% 10.3%
2011 3.4% 13.5%
2010 3.6% 14.5%
2009 2.2% 13.7%
2008 3.3% 12.5%
2007 3% 12.2%
2006 2.4% 13.3%
2005 2.4% 23%
2004 2.9% 43.5%
2003 2.4% 98.2%
2002 5.2% 108.9%
2001 3.1% 152.6%
2000 0% 325%
1999 0.4% 248.2%
1998 20.6% 107.4%
1997 33.2% 221.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Albania has recorded an average annual inflation rate of 4.2%, compared with 57.7% in Angola. In 2025, inflation was 2.2% in Albania and 20.2% in Angola.

Top exports between countries

Albania
Export category Export value
Textiles & consumer goods $86K
Processed food, beverages & tobacco $52K
Angola
Export category Export value
Animal & marine products $66K

Balance of trade

Albania Angola
Current account balance
-$161M
2025
$536M
2025
Current account balance ranking
86/190
2025
57/190
2025
Current account balance, % of GDP
-0.53%
2025
+0.44%
2025
Goods imports
$8.52B
2025
$15.5B
2025
Goods exports
$1.76B
2025
$30.6B
2025
Service imports
$4.55B
2025
$8.51B
2025
Service exports
$9.66B
2025
$118M
2025
Imports of goods and services, % of GDP
42.5%
2025
11.7%
2025
Exports of goods and services, % of GDP
37%
2025
23%
2025

Economic freedom indices

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

Albania Angola
Economic freedom 68 54.4
Economic freedom ranking 50/197 133/197
Property rights 57.6 36.9
Government integrity 41.9 28.3
Judicial effectiveness 59.9 26.3
Tax burden 89.3 86.9
Government spending 74.3 89.3
Fiscal health 88 91.9
Business freedom 76.6 42.8
Labor freedom 46.2 50.8
Monetary freedom 78.6 59
Trade freedom 83 70.4
Investment freedom 60 30
Financial freedom 60 40

Economic freedom comparison by year

Albania
Angola
1x
Year Economic freedom index
Albania Angola
2026 68 54.4
2025 66.6 55
2024 64.8 54.3
2023 65.3 53
2022 66.6 52.6
2021 65.2 54.2
2020 66.9 52.2
2019 66.5 50.6
2018 64.5 48.6
2017 64.4 48.5
2016 65.9 48.9
2015 65.7 47.9
2014 66.9 47.7
2013 65.2 47.3
2012 65.1 46.7
2011 64 46.2
2010 66 48.4
2009 63.7 47
2008 62.4 46.9
2007 61.4 44.7
2006 60.3 43.5
2005 57.8 -
2004 58.5 -
2003 56.8 -
2002 56.8 -
2001 56.6 -
2000 53.6 24.3
1999 53.4 23.7
1998 53.9 24.9
1997 54.8 24.2
1996 53.8 24.4
1995 49.7 27.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Albania is 68, ranking 50/197, 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

Albania Angola
Services, % of GDP
49.7%
2025
46.8%
2025
Industry, % of GDP
21.8%
2025
27.1%
2025
Agriculture, forestry, and fishing, % of GDP
14.8%
2025
25.2%
2025
GNI, Atlas method
$28.3B
2025
$112B
2025
GNI per capita, PPP
$28,170
2025
$9,840
2025
Total reserves including gold
$8.6B
2025
$13.5B
2025
Total reserves ranking
86/177
2025
75/177
2025
Net foreign direct investment
-$1.51B
2025
-$1.02B
2025
Net inflows of foreign direct investment
$1.71B
2024
-$1.11B
2024
Net outflows of foreign direct investment
$261M
2024
$33.1M
2024
Servicing debt to the IMF, % of GNI
3.25%
2024
11.3%
2024
Poverty at national poverty lines
19.7%
2022
36.6%
2020
Gross capital formation, % of GDP
25%
2024
10.6%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-07-08)
  6. TradeMap (2021–2023, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.