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Economy of Angola vs Bangladesh compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $450B for Bangladesh, ranking 71/197 and 36/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $184B (41% of GDP) in Bangladesh.

Angola vs Bangladesh GDP by year

Angola
Bangladesh
1x
Year GDP, current $
Angola Bangladesh
2024 $100,998,916,781 $450,119,432,069
2023 $107,167,747,140 $437,415,333,018
2022 $131,212,208,930 $460,131,689,083
2021 $79,559,543,805 $416,271,647,911
2020 $58,852,456,454 $373,979,442,362
2019 $80,734,428,593 $351,231,654,604
2018 $89,512,794,227 $321,362,752,442
2017 $84,376,935,689 $293,732,446,625
2016 $59,878,249,719 $265,224,515,675
2015 $102,543,067,841 $195,146,608,978
2014 $153,449,860,496 $172,886,611,654
2013 $148,845,200,697 $149,998,957,434
2012 $143,572,907,528 $133,310,747,603
2011 $125,551,634,704 $128,607,482,310
2010 $95,546,919,755 $115,275,540,051
2009 $81,705,175,408 $102,475,158,191
2008 $98,790,432,989 $91,636,997,371
2007 $73,037,821,927 $79,611,644,975
2006 $58,653,659,980 $71,795,736,172
2005 $41,396,636,383 $69,476,001,239
2004 $26,997,977,897 $65,108,544,250
2003 $20,342,128,112 $60,158,929,188
2002 $17,311,512,432 $54,724,081,491
2001 $8,936,079,118 $53,991,289,844
2000 $9,129,594,970 $53,369,787,319
1999 $6,152,923,310 $51,270,569,884
1998 $6,506,221,616 $49,984,559,471
1997 $7,648,380,196 $48,244,309,133
1996 $7,526,421,519 $46,438,484,108
1995 $5,538,749,260 $37,939,748,769
1994 $4,438,321,017 $33,768,660,883
1993 $5,768,720,422 $33,166,519,418
1992 $8,307,810,974 $31,708,874,594
1991 $10,603,784,541 $30,957,483,950
1990 $11,229,515,599 $31,598,340,778
1989 $10,201,780,977 $28,781,715,189
1988 $8,769,836,769 $26,579,005,558
1987 $8,084,412,414 $24,298,032,258
1986 $7,072,536,109 $21,774,033,333
1985 $7,554,065,410 $22,278,423,077
1984 $6,131,475,065 $18,920,840,000
1983 $5,784,341,596 $17,609,048,822
1982 $5,550,483,036 $18,525,399,202
1981 $5,550,483,036 $20,249,694,002
1980 $5,930,503,401 $18,138,049,096
1979 - $15,565,480,322
1978 - $13,281,767,143
1977 - $9,651,149,302
1976 - $10,117,113,333
1975 - $19,448,348,073
1974 - $12,512,460,520
1973 - $8,086,725,729
1972 - $6,288,245,867
1971 - $8,751,843,188
1970 - $8,992,722,167
1969 - $8,471,006,438
1968 - $7,483,685,771
1967 - $7,253,575,688
1966 - $6,439,687,854
1965 - $5,906,636,792
1964 - $5,386,054,833
1963 - $5,319,458,563
1962 - $5,081,413,542
1961 - $4,817,580,375
1960 - $4,274,894,083

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Angola vs Bangladesh by year

Angola
GDP per capita

GDP per capita, PPP
Bangladesh
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Bangladesh
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $2,593 $9,647
2023 $2,916 $9,754 $2,551 $9,148
2022 $3,682 $9,588 $2,716 $8,451
2021 $2,304 $8,862 $2,483 $7,441
2020 $1,759 $7,827 $2,249 $6,641
2019 $2,494 $8,573 $2,130 $6,047
2018 $2,860 $8,278 $1,965 $5,490
2017 $2,791 $8,007 $1,811 $4,883
2016 $2,052 $7,767 $1,649 $4,579
2015 $3,642 $8,067 $1,224 $4,212
2014 $5,650 $9,018 $1,094 $3,973
2013 $5,689 $8,504 $958 $3,691
2012 $5,702 $8,246 $860 $3,434
2011 $5,184 $7,538 $837 $3,051
2010 $4,102 $7,412 $757 $2,834
2009 $3,645 $7,228 $679 $2,675
2008 $4,578 $7,316 $613 $2,555
2007 $3,515 $6,728 $538 $2,388
2006 $2,930 $6,018 $490 $2,195
2005 $2,146 $5,416 $480 $2,020
2004 $1,451 $4,771 $456 $1,862
2003 $1,134 $4,322 $427 $1,746
2002 $999 $4,241 $394 $1,659
2001 $534 $3,802 $395 $1,598
2000 $564 $3,690 $397 $1,512
1999 $393 $3,619 $388 $1,430
1998 $429 $3,609 $386 $1,373
1997 $522 $3,525 $379 $1,315
1996 $531 $3,342 $372 $1,261
1995 $404 $2,990 $309 $1,206
1994 $335 $2,633 $280.6 $1,145
1993 $450 $2,628 $280.8 $1,099
1992 $669 $3,486 $273.5 $1,045
1991 $882 $3,740 $272.1 $987
1990 $966 $3,705 $283.1 $941
1989 $908 - $263 -
1988 $807 - $247.9 -
1987 $770 - $231.5 -
1986 $698 - $212.1 -
1985 $772 - $222.2 -
1984 $650 - $193.4 -
1983 $637 - $184.7 -
1982 $634 - $199.6 -
1981 $658 - $224.2 -
1980 $729 - $206.1 -
1979 - - $181.1 -
1978 - - $158.3 -
1977 - - $117.9 -
1976 - - $126.7 -
1975 - - $249.8 -
1974 - - $165 -
1973 - - $109.7 -
1972 - - $87.8 -
1971 - - $124.5 -
1970 - - $130.2 -
1969 - - $125.9 -
1968 - - $114.4 -
1967 - - $114.2 -
1966 - - $104.4 -
1965 - - $98.6 -
1964 - - $92.6 -
1963 - - $94.1 -
1962 - - $92.6 -
1961 - - $90.4 -
1960 - - $82.5 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Angola's GDP per capita is $2,666, ranking 144/197, compared to $2,593 in Bangladesh, ranking 146/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Bangladesh ranks 135th at $9,647.

Economic indicators

Angola Bangladesh
Gross domestic product
$101B
2024
$450B
2024
GDP rank
71/197
2024
36/197
2024
GDP growth
4.42%
2023-2024
4.22%
2023-2024
GDP per capita
$2,666
2024
$2,593
2024
GDP per capita rank
144/197
2024
146/197
2024
GDP per capita, PPP
$10,119
2024
$9,647
2024
GDP per capita PPP rank
133/197
2024
135/197
2024
Government debt
$60.5B
2024
$184B
2024
Debt-to-GDP ratio
59.9%
2024
41%
2024
Government debt per person
$1,597
2024
$1,063
2024
Government debt per person rank
127/185
2024
139/185
2024
Average annual personal income after taxes
$28,080
2026
$2,222
2026
Market capitalization of domestic companies n/a
$87.9B
2024
Income share by richest 10%
39.6%
2018
25.5%
2022
Income share by poorest 10%
1.3%
2018
3.7%
2022
Government expenditure, % of GDP
18.4%
2024
12%
2024
Consumer prices inflation
28.2%
2023-2024
9.7%
2023-2024
Central bank interest rate
18%
2023
10%
2024
Unemployment rate
14.1%
2022
3.64%
2024
Population
40555924
178415186

Spending and national debt comparison by year

Angola
Spending

Debt
Bangladesh
Spending

Debt
1x
Year % of GDP
Angola Bangladesh
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 12% 41%
2023 18.8% 72.4% 12.6% 39.7%
2022 19.5% 56.1% 13% 37.9%
2021 17.3% 74.3% 12.9% 35.6%
2020 20% 119.1% 13.3% 34.5%
2019 18.2% 101.4% 13.6% 32%
2018 18.3% 82.5% 13% 29.6%
2017 21% 60.5% 12.2% 28.3%
2016 19.4% 66.7% 11.6% 27.7%
2015 23.9% 50.4% 11.5% 28.2%
2014 32.3% 35.3% 11.7% 28.7%
2013 32.9% 29.5% 12.1% 28.3%
2012 33.2% 23.8% 11.7% 29.1%
2011 33.3% 26.3% 11.5% 29.4%
2010 34.6% 32.6% 10.6% 29.6%
2009 38.7% 48.4% 10.6% 33%
2008 47.2% 28.1% 11.5% 33.9%
2007 34.1% 18.8% 9.63% 35%
2006 27.3% 16.7% 10.1% 35.3%
2005 23.7% 29.9% 10.3% 35.6%
2004 26% 41.6% 9.88% 36.6%
2003 30.1% 50.8% 10.2% 37%
2002 27.6% 65.1% 10.4% 38.9%
2001 30.3% 100.2% 10.7% 37.1%
2000 35.8% 118.2% 9.76% 31.2%
1999 39.4% 104.8% 8.66% 32.7%
1998 26.1% 96.3% 9.82% 31.1%
1997 26.8% 73.5% 9.89% 29.1%
1996 25.2% 92% 9.79% 31%
1995 - - 10.5% 32.9%
1994 - - 10% 35.5%
1993 - - 9.74% 34.1%
1992 - - 8.8% 33.1%
1991 - - 8.86% 31.8%
1990 - - 9.14% 31.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–2002, retrieved 2026-02-20).

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

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while Bangladesh spent $54.2B, or 12% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 41% in Bangladesh, ranking 78/185 and 131/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Bangladesh
1x
Year Deficit/surplus, % of GDP
Angola Bangladesh
2024 -1.01% -3.69%
2023 -1.83% -4.39%
2022 0.58% -4.53%
2021 3.4% -3.56%
2020 -1.66% -4.84%
2019 0.69% -5.41%
2018 2.03% -4.07%
2017 -5.75% -4.17%
2016 -3.98% -3.16%
2015 -2.57% -3.29%
2014 -5.07% -2.62%
2013 -0.27% -2.86%
2012 3.68% -2.56%
2011 7.2% -2.96%
2010 2.98% -2.23%
2009 -6.8% -2.68%
2008 -3.8% -3.36%
2007 3.85% -1.86%
2006 8.42% -2.15%
2005 6.4% -2.4%
2004 1.03% -2.21%
2003 -4.1% -1.96%
2002 -2.24% -2.3%
2001 2.8% -3.44%
2000 2.02% -2.5%
1999 -8.1% -1.35%
1998 -5.1% -2.2%
1997 -0.23% -1.94%
1996 4.49% -2.01%
1995 - -0.38%
1994 - 0.03%
1993 - 0.43%
1992 - 0.36%
1991 - 0.44%
1990 - -0.15%

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

GeoRank.org/economy/angola/bangladesh | 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 Bangladesh's deficit of $16.6B, or 3.69% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while Bangladesh ran a deficit in 29 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to deficit of 2.99% of GDP for Bangladesh.

Inflation comparison by year

Inflation
Angola

Bangladesh
1x
Year Consumer prices inflation
Angola Bangladesh
2024 28.2% 9.7%
2023 13.6% 9%
2022 21.4% 6.1%
2021 25.8% 5.6%
2020 22.3% 5.6%
2019 17.1% 5.5%
2018 19.6% 5.8%
2017 29.8% 5.4%
2016 30.7% 5.9%
2015 9.2% 6.4%
2014 7.3% 7.3%
2013 8.8% 6.8%
2012 10.3% 8.9%
2011 13.5% 8.8%
2010 14.5% 7.3%
2009 13.7% 6.7%
2008 12.5% 9.9%
2007 12.2% 7.2%
2006 13.3% 7.2%
2005 23% 6.5%
2004 43.5% 8.1%
2003 98.2% 3.9%
2002 108.9% 2.4%
2001 152.6% 1.8%
2000 325% 3.6%
1999 248.2% 8.9%
1998 107.4% 6.7%
1997 221.5% 2.7%

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

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

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 6.42% in Bangladesh. In 2024, inflation was 28.2% in Angola and 9.7% in Bangladesh.

Top exports between countries

Angola
Export category Export value
Raw materials & minerals $30.5M
Processed food, beverages & tobacco $7.37M
Chemicals & pharma $8K
Bangladesh
Export category Export value
Processed food, beverages & tobacco $1.95M
Textiles & consumer goods $1.09M
Chemicals & pharma $45K
Wood & paper products $11K

Balance of trade

Angola Bangladesh
Current account balance
$6.31B
2024
$1.43B
2024
Current account balance ranking
30/190
2024
52/190
2024
Current account balance, % of GDP
+6.25%
2024
+0.32%
2024
Goods imports
$14.2B
2024
$63.8B
2024
Goods exports
$36.8B
2024
$47.3B
2024
Service imports
$8.49B
2024
$12.3B
2024
Service exports
$129M
2024
$7.47B
2024
Imports of goods and services, % of GDP
19.4%
2024
16.3%
2024
Exports of goods and services, % of GDP
31.5%
2024
10.5%
2024

Economic freedom indices

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

Angola Bangladesh
Economic freedom 54.4 54.8
Economic freedom ranking 133/197 131/197
Property rights 36.9 32.1
Government integrity 28.3 22.7
Judicial effectiveness 26.3 36.7
Tax burden 86.9 79.9
Government spending 89.3 95.3
Fiscal health 91.9 68.4
Business freedom 42.8 52.7
Labor freedom 50.8 50.5
Monetary freedom 59 65.8
Trade freedom 70.4 63
Investment freedom 30 50
Financial freedom 40 40

Economic freedom comparison by year

Angola
Bangladesh
1x
Year Economic freedom index
Angola Bangladesh
2026 54.4 54.8
2025 55 54.7
2024 54.3 54.4
2023 53 54.4
2022 52.6 52.7
2021 54.2 56.5
2020 52.2 56.4
2019 50.6 55.6
2018 48.6 55.1
2017 48.5 55
2016 48.9 53.3
2015 47.9 53.9
2014 47.7 54.1
2013 47.3 52.6
2012 46.7 53.2
2011 46.2 53
2010 48.4 51.1
2009 47 47.5
2008 46.9 44.2
2007 44.7 46.7
2006 43.5 52.9
2005 - 47.5
2004 - 50
2003 - 49.3
2002 - 51.9
2001 - 51.2
2000 24.3 48.9
1999 23.7 50
1998 24.9 52
1997 24.2 49.9
1996 24.4 51.1
1995 27.4 40.9

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 54.8 for Bangladesh, ranking 131/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Bangladesh
Services, % of GDP
41.1%
2024
51.4%
2024
Industry, % of GDP
34.6%
2024
34.1%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
11.2%
2024
GNI, Atlas method
$108B
2024
$490B
2024
GNI per capita, PPP
$9,460
2024
$10,060
2024
Total reserves including gold
$14.2B
2024
$21.4B
2024
Total reserves ranking
69/177
2024
61/177
2024
Net foreign direct investment
$1.14B
2024
-$1.49B
2024
Net inflows of foreign direct investment
-$1.11B
2024
$1.31B
2024
Net outflows of foreign direct investment
$33.1M
2024
$34.1M
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
1.83%
2024
Poverty at national poverty lines
36.6%
2020
18.7%
2022
Gross capital formation, % of GDP
10.4%
2024
30.7%
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/angola/bangladesh | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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 (1990–2002, retrieved 2026-02-20)
  6. TradeMap (2015–2024, retrieved 2026-02-08)
  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.