Angola vs Austria: Economic Indicators Comparison

Austria with a GDP of $455.3B ranked the 28th largest economy in the world, while Angola ranked 63rd with $105.8B. By GDP 5-years average growth and GDP per capita, Austria and Angola ranked 139th vs 166th and 16th vs 128th, respectively.

Gross Domestic Product & Income

StatAngolaAustria
GDP$105.8B$455.3B
GDP growth, 1 year-1.7%2.7%
GDP growth, 5-years average0.3%1.8%
Population29.8M8.8M
GDP per capita$3.4k$51k
GDP per capita growth-5.29%1.85%
Purchasing Power Parity conversion factor134.510.79
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.93
GDP per capita, PPP adjusted$6.8k$52k
GNI, Atlas method$103.8B$436.3B
GNI per capita$3.4k$49k
GNI, PPP adjusted$190B$489.3B
GNI per capita, PPP adjusted$6.2k$55k

Financial system and Human development

StatAngolaAustria
Income Tax Rate17%50%
Corporate Tax Rate30%25%
Inflation, consumer prices19.6%2.1%
Inflation, GDP deflator34.8%1.7%
Unemployment7.3%4.8%
Economic Freedom Index52.273.3
Personal Freedom Index5.449.02
Human Freedom Index5.028.42
Property Rights Index36.987.3
Judical Effectiveness Index14.373.2
Business Freedom Index57.773
Fiscal Health Index71.987.9
Labor Freedom Index61.168.3
Investment Freedom Index3090
Financial Freedom Index4070
Trade Freedom Index66.286.4
Monetary Freedom Index59.681
Government Spending Index85.727.2
Tax Burden Index87.351.3
Government Integrity Index15.184
Corruption Perceptions Index1976
Life expectancy at birth, years60.481.6
Suicide mortality rate, per 100,000 people4.715.6
Mortality caused by road traffic injury, per 100,000 people23.65.2
Intentional homicides, per 100,000 people4.90.7
International tourism, number of arrivals218k30.8M

Government debt & reserves

StatAngolaAustria
Central government debt, % of GDP88.1%74.2%
External debt stocks, % of GNI54%N/A
External debt stocks$54.6BN/A
Short-term debt, % of total reserves15%N/A
Total debt service, % of exports and primary income21.9%N/A
Adjusted net savings including particulate emission damage, % of GNI-16.3%14.1%
Gross savings, % of GDP26.4%27.6%
Gross capital formation, % of GDP24.1%25.1%
Total reserves including gold$15.4B$23.2B
Foreign direct investment net inflows-$5.7B$4.2B

Exports, imports and economic structure

StatAngolaAustria
Exports of goods and services, % of GDP29%55.8%
Imports of goods and services, % of GDP23.3%52%
Current account balance (balance of payments)$7.4B$10.8B
Revenue excluding grants, % of GDP16.4%43.4%
Grants excluding technical cooperation, BoP$138.9MN/A
Personal remittances received$1.6M$3.1B
Industry including construction value added, % of GDP42.2%25.7%
Agriculture, forestry and fishing value added, % of GDP10%1.1%
Charges for the use of intellectual property, payments BoP$246.6M$2B
Charges for the use of intellectual property, receipts BoP$8.2M$1.4B
Expense, % of GDP16.7%44.2%
Government Expenditure, % of GDP21.8%49.3%

Compare with countries close by GDP per capita

Angola vs

CountryGDP
per capita
Population
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M

Austria vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k