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Economy of Angola vs Antigua and Barbuda compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $2.21B for Antigua and Barbuda, ranking 71/197 and 177/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $1.49B (67.6% of GDP) in Antigua and Barbuda.

Angola vs Antigua and Barbuda GDP by year

Angola
Antigua and Barbuda
1x
Year GDP, current $
Angola Antigua
2024 $100,998,916,781 $2,207,622,874
2023 $107,167,747,140 $2,005,785,185
2022 $131,212,208,930 $1,866,566,667
2021 $79,559,543,805 $1,602,125,926
2020 $58,852,456,454 $1,411,637,037
2019 $80,734,428,593 $1,726,448,148
2018 $89,512,794,227 $1,661,529,630
2017 $84,376,935,689 $1,534,855,556
2016 $59,878,249,719 $1,489,603,704
2015 $102,543,067,841 $1,437,485,185
2014 $153,449,860,496 $1,378,707,407
2013 $148,845,200,697 $1,325,496,296
2012 $143,572,907,528 $1,364,729,630
2011 $125,551,634,704 $1,287,359,259
2010 $95,546,919,755 $1,298,348,148
2009 $81,705,175,408 $1,386,518,519
2008 $98,790,432,989 $1,557,640,741
2007 $73,037,821,927 $1,487,381,481
2006 $58,653,659,980 $1,303,674,074
2005 $41,396,636,383 $1,143,896,296
2004 $26,997,977,897 $1,026,329,630
2003 $20,342,128,112 $948,100,000
2002 $17,311,512,432 $898,092,593
2001 $8,936,079,118 $877,774,074
2000 $9,129,594,970 $901,003,704
1999 $6,152,923,310 $835,544,444
1998 $6,506,221,616 $789,788,889
1997 $7,648,380,196 $734,422,222
1996 $7,526,421,519 $679,140,741
1995 $5,538,749,260 $616,051,852
1994 $4,438,321,017 $625,081,481
1993 $5,768,720,422 $565,662,963
1992 $8,307,810,974 $525,133,333
1991 $10,603,784,541 $504,337,037
1990 $11,229,515,599 $478,718,519
1989 $10,201,780,977 $455,174,074
1988 $8,769,836,769 $411,396,296
1987 $8,084,412,414 $346,866,667
1986 $7,072,536,109 $297,562,963
1985 $7,554,065,410 $246,370,370
1984 $6,131,475,065 $212,214,815
1983 $5,784,341,596 $184,866,667
1982 $5,550,483,036 $166,444,444
1981 $5,550,483,036 $149,388,889
1980 $5,930,503,401 $132,451,852
1979 - $109,596,296
1978 - $88,040,741
1977 - $77,507,407

Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).

GeoRank.org/economy/angola/antigua-and-barbuda | CC BY

GDP per capita in Angola vs Antigua and Barbuda by year

Angola
GDP per capita

GDP per capita, PPP
Antigua and Barbuda
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Antigua
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $23,542 $33,386
2023 $2,916 $9,754 $21,495 $31,602
2022 $3,682 $9,588 $20,105 $29,934
2021 $2,304 $8,862 $17,349 $25,745
2020 $1,759 $7,827 $15,370 $22,370
2019 $2,494 $8,573 $18,896 $26,551
2018 $2,860 $8,278 $18,273 $24,524
2017 $2,791 $8,007 $16,966 $21,422
2016 $2,052 $7,767 $16,557 $21,320
2015 $3,642 $8,067 $16,078 $20,985
2014 $5,650 $9,018 $15,532 $21,671
2013 $5,689 $8,504 $15,052 $21,761
2012 $5,702 $8,246 $15,640 $23,012
2011 $5,184 $7,538 $14,912 $23,804
2010 $4,102 $7,412 $15,217 $24,071
2009 $3,645 $7,228 $16,472 $26,157
2008 $4,578 $7,316 $18,787 $29,978
2007 $3,515 $6,728 $18,205 $29,851
2006 $2,930 $6,018 $16,174 $26,949
2005 $2,146 $5,416 $14,369 $23,485
2004 $1,451 $4,771 $13,038 $21,629
2003 $1,134 $4,322 $12,173 $20,127
2002 $999 $4,241 $11,659 $18,813
2001 $534 $3,802 $11,539 $18,569
2000 $564 $3,690 $12,027 $19,319
1999 $393 $3,619 $11,342 $18,088
1998 $429 $3,609 $10,907 $17,496
1997 $522 $3,525 $10,336 $16,836
1996 $531 $3,342 $9,756 $16,017
1995 $404 $2,990 $9,034 $15,062
1994 $335 $2,633 $9,351 $15,736
1993 $450 $2,628 $8,625 $14,720
1992 $669 $3,486 $8,154 $13,908
1991 $882 $3,740 $7,956 $13,658
1990 $966 $3,705 $7,591 $12,996
1989 $908 - $7,188 -
1988 $807 - $6,466 -
1987 $770 - $5,424 -
1986 $698 - $4,629 -
1985 $772 - $3,814 -
1984 $650 - $3,271 -
1983 $637 - $2,847 -
1982 $634 - $2,569 -
1981 $658 - $2,310 -
1980 $729 - $2,053 -
1979 - - $1,705 -
1978 - - $1,375 -
1977 - - $1,214 -

Data sources: World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06).

GeoRank.org/economy/angola/antigua-and-barbuda | CC BY

Angola's GDP per capita is $2,666, ranking 144/197, compared to $23,542 in Antigua and Barbuda, ranking 53/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Antigua and Barbuda ranks 66th at $33,386.

Economic indicators

Angola Antigua
Gross domestic product
$101B
2024
$2.21B
2024
GDP rank
71/197
2024
177/197
2024
GDP growth
4.42%
2023-2024
3.66%
2023-2024
GDP per capita
$2,666
2024
$23,542
2024
GDP per capita rank
144/197
2024
53/197
2024
GDP per capita, PPP
$10,119
2024
$33,386
2024
GDP per capita PPP rank
133/197
2024
66/197
2024
Government debt
$60.5B
2024
$1.49B
2024
Debt-to-GDP ratio
59.9%
2024
67.6%
2024
Government debt per person
$1,597
2024
$15,910
2024
Government debt per person rank
127/185
2024
39/185
2024
Average annual personal income after taxes
$28,080
2026
$16,563
2026
Income share by richest 10%
39.6%
2018
n/a
Income share by poorest 10%
1.3%
2018
n/a
Government expenditure, % of GDP
18.4%
2024
19.8%
2024
Consumer prices inflation
28.2%
2023-2024
6.2%
2023-2024
Central bank interest rate
18%
2023
n/a
Unemployment rate
14.1%
2022
5.37%
2023
Population
40555924
94757

Spending and national debt comparison by year

Angola
Spending

Debt
Antigua and Barbuda
Spending

Debt
1x
Year % of GDP
Angola Antigua
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 19.8% 67.6%
2023 18.8% 72.4% 18.8% 76.3%
2022 19.5% 56.1% 20.7% 82%
2021 17.3% 74.3% 23.4% 93%
2020 20% 119.1% 26% 100.5%
2019 18.2% 101.4% 22.1% 81.6%
2018 18.3% 82.5% 21.5% 84.3%
2017 21% 60.5% 22.6% 88.2%
2016 19.4% 66.7% 23.8% 83.1%
2015 23.9% 50.4% 24.8% 92.1%
2014 32.3% 35.3% 20.9% 91.9%
2013 32.9% 29.5% 20.7% 85.4%
2012 33.2% 23.8% 18.5% 76.9%
2011 33.3% 26.3% 21.1% 81.1%
2010 34.6% 32.6% 20% 79.4%
2009 38.7% 48.4% 32.1% 89.2%
2008 47.2% 28.1% 23.2% 66.8%
2007 34.1% 18.8% 23.8% 68.7%
2006 27.3% 16.7% 26% 79.1%
2005 23.7% 29.9% 21.5% 82.8%
2004 26% 41.6% 21.9% 107.7%
2003 30.1% 50.8% 24.2% 113%
2002 27.6% 65.1% 26.3% 114.5%
2001 30.3% 100.2% 24.2% 107.6%
2000 35.8% 118.2% 21.1% 96.4%
1999 39.4% 104.8% 20.3% 95.9%
1998 26.1% 96.3% 20.7% 94.6%
1997 26.8% 73.5% 16.8% 80.6%
1996 25.2% 92% 19.6% 85.5%
1995 - - 21% 92.1%
1994 - - 21.2% 84.5%
1993 - - 19.4% 85.3%
1992 - - 18.7% 90.8%
1991 - - 20.8% 94.6%
1990 - - 18.1% 94.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-02-20).

GeoRank.org/economy/angola/antigua-and-barbuda | CC BY

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while Antigua and Barbuda spent $437M, or 19.8% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 67.6% in Antigua and Barbuda, ranking 78/185 and 63/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Antigua and Barbuda
1x
Year Deficit/surplus, % of GDP
Angola Antigua
2024 -1.01% 1.61%
2023 -1.83% -1.7%
2022 0.58% -2.84%
2021 3.4% -4.52%
2020 -1.66% -6.23%
2019 0.69% -3.64%
2018 2.03% -2.43%
2017 -5.75% -2.72%
2016 -3.98% -0.14%
2015 -2.57% -2.42%
2014 -5.07% -2.6%
2013 -0.27% -3.83%
2012 3.68% -0.97%
2011 7.2% -3.09%
2010 2.98% -0.24%
2009 -6.8% -15.8%
2008 -3.8% -4.72%
2007 3.85% -4.98%
2006 8.42% -6.62%
2005 6.4% -4.29%
2004 1.03% -3.9%
2003 -4.1% -7.32%
2002 -2.24% -8.83%
2001 2.8% -8.58%
2000 2.02% -4.5%
1999 -8.1% -3.08%
1998 -5.1% -1.62%
1997 -0.23% 0%
1996 4.49% -1.61%
1995 - -3.89%
1994 - -4.33%
1993 - -2.45%
1992 - -0.81%
1991 - -3.91%
1990 - 0.12%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/angola/antigua-and-barbuda | CC BY

In 2024, Angola's government deficit, the difference between spending and revenue, was $1.02B, equivalent to 1.01% of GDP. This compares to Antigua and Barbuda's surplus of $35.6M, or 1.61% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while Antigua and Barbuda ran a deficit in 27 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to deficit of 3.85% of GDP for Antigua and Barbuda.

Inflation comparison by year

Inflation
Angola

Antigua and Barbuda
1x
Year Consumer prices inflation
Angola Antigua
2024 28.2% 6.2%
2023 13.6% 5.1%
2022 21.4% 7.5%
2021 25.8% 1.6%
2020 22.3% 1.1%
2019 17.1% 1.4%
2018 19.6% 1.2%
2017 29.8% 2.4%
2016 30.7% -0.5%
2015 9.2% 1%
2014 7.3% 1.1%
2013 8.8% 1.1%
2012 10.3% 3.4%
2011 13.5% 3.5%
2010 14.5% 3.4%
2009 13.7% -0.6%
2008 12.5% 5.3%
2007 12.2% 1.4%
2006 13.3% 1.8%
2005 23% 2.1%
2004 43.5% 2%
2003 98.2% 2%
2002 108.9% 2.4%
2001 152.6% 1.9%
2000 325% -0.2%
1999 248.2% 1.1%
1998 107.4% 3.3%
1997 221.5% 0.4%

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

GeoRank.org/economy/angola/antigua-and-barbuda | CC BY

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 2.23% in Antigua and Barbuda. In 2024, inflation was 28.2% in Angola and 6.2% in Antigua and Barbuda.

Top exports between countries

Angola
Export category Export value
Machinery & equipment $16K
Processed food, beverages & tobacco $5K
Miscellaneous $3K
Chemicals & pharma $2K
Textiles & consumer goods $2K
Raw agricultural goods $1K
Wood & paper products $1K
Antigua
Export category Export value

Balance of trade

Angola Antigua
Current account balance
$6.31B
2024
-$181M
2024
Current account balance ranking
30/190
2024
98/190
2024
Current account balance, % of GDP
+6.25%
2024
-8.22%
2024
Goods imports
$14.2B
2024
$726M
2024
Goods exports
$36.8B
2024
$72.1M
2024
Service imports
$8.49B
2024
$557M
2024
Service exports
$129M
2024
$1.24B
2024
Imports of goods and services, % of GDP
19.4%
2024
63%
2022
Exports of goods and services, % of GDP
31.5%
2024
54.7%
2022

Economic freedom indices

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

Angola Antigua
Economic freedom 54.4 56
Economic freedom ranking 133/197 125/197
Property rights 36.9 n/a
Government integrity 28.3 n/a
Judicial effectiveness 26.3 n/a
Tax burden 86.9 n/a
Government spending 89.3 n/a
Fiscal health 91.9 n/a
Business freedom 42.8 n/a
Labor freedom 50.8 n/a
Monetary freedom 59 n/a
Trade freedom 70.4 n/a
Investment freedom 30 n/a
Financial freedom 40 n/a

Other economic metrics

Angola Antigua
Services, % of GDP
41.1%
2024
69.1%
2023
Industry, % of GDP
34.6%
2024
19%
2023
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
1.94%
2023
GNI, Atlas method
$108B
2024
$1.98B
2024
GNI per capita, PPP
$9,460
2024
$31,730
2024
Total reserves including gold
$14.2B
2024
$358M
2024
Total reserves ranking
69/177
2024
164/177
2024
Net foreign direct investment
$1.14B
2024
-$253M
2024
Net inflows of foreign direct investment
-$1.11B
2024
$246M
2024
Net outflows of foreign direct investment
$33.1M
2024
-$68.4K
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
n/a
Poverty at national poverty lines
36.6%
2020
n/a
Gross capital formation, % of GDP
10.4%
2024
n/a

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/angola/antigua-and-barbuda | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1977–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. 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.