Angola vs Belgium: Economic Indicators Comparison
Gross Domestic Product & Income
| Stat |  Angola |  Belgium |
|---|---|---|
| GDP | $105.8B | $542.8B |
| GDP growth, 1 year | -1.7% | 1.4% |
| GDP growth, 5-years average | 0.3% | 1.5% |
| Population | 29.8M | 11.4M |
| GDP per capita | $3.4k | $48k |
| GDP per capita growth | -5.29% | 1.04% |
| Purchasing Power Parity conversion factor | 134.51 | 0.78 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.53 | 0.92 |
| GDP per capita, PPP adjusted | $6.8k | $48k |
| GNI, Atlas method | $103.8B | $524.4B |
| GNI per capita | $3.4k | $46k |
| GNI, PPP adjusted | $190B | $591B |
| GNI per capita, PPP adjusted | $6.2k | $52k |
Financial system and Human development
| Stat | Angola | Belgium |
|---|---|---|
| Income Tax Rate | 17% | 50% |
| Corporate Tax Rate | 30% | 29% |
| Inflation, consumer prices | 19.6% | 2.3% |
| Inflation, GDP deflator | 34.8% | 1.5% |
| Unemployment | 7.3% | 6.3% |
| Economic Freedom Index | 52.2 | 68.9 |
| Personal Freedom Index | 5.44 | 9.06 |
| Human Freedom Index | 5.02 | 8.28 |
| Property Rights Index | 36.9 | 84.5 |
| Judical Effectiveness Index | 14.3 | 62.5 |
| Business Freedom Index | 57.7 | 75.2 |
| Fiscal Health Index | 71.9 | 77 |
| Labor Freedom Index | 61.1 | 61.1 |
| Investment Freedom Index | 30 | 85 |
| Financial Freedom Index | 40 | 70 |
| Trade Freedom Index | 66.2 | 86.4 |
| Monetary Freedom Index | 59.6 | 80.5 |
| Government Spending Index | 85.7 | 17.2 |
| Tax Burden Index | 87.3 | 46.7 |
| Government Integrity Index | 15.1 | 80.2 |
| Corruption Perceptions Index | 19 | 75 |
| Life expectancy at birth, years | 60.4 | 81.4 |
| Suicide mortality rate, per 100,000 people | 4.7 | 20.7 |
| Mortality caused by road traffic injury, per 100,000 people | 23.6 | 5.8 |
| Intentional homicides, per 100,000 people | 4.9 | 1.7 |
| International tourism, number of arrivals | 218k | 9.1M |
Government debt & reserves
| Stat | Angola | Belgium |
|---|---|---|
| Central government debt, % of GDP | 88.1% | 101.4% |
| External debt stocks, % of GNI | 54% | N/A |
| External debt stocks | $54.6B | N/A |
| Short-term debt, % of total reserves | 15% | N/A |
| Total debt service, % of exports and primary income | 21.9% | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | -16.3% | 12% |
| Gross savings, % of GDP | 26.4% | 24.5% |
| Gross capital formation, % of GDP | 24.1% | 25.5% |
| Total reserves including gold | $15.4B | $26.9B |
| Foreign direct investment net inflows | -$5.7B | -$62.8B |
Exports, imports and economic structure
| Stat | Angola | Belgium |
|---|---|---|
| Exports of goods and services, % of GDP | 29% | 82.6% |
| Imports of goods and services, % of GDP | 23.3% | 82.7% |
| Current account balance (balance of payments) | $7.4B | -$5.3B |
| Revenue excluding grants, % of GDP | 16.4% | 38.4% |
| Grants excluding technical cooperation, BoP | $138.9M | N/A |
| Personal remittances received | $1.6M | $12.3B |
| Industry including construction value added, % of GDP | 42.2% | 19.1% |
| Agriculture, forestry and fishing value added, % of GDP | 10% | 0.5% |
| Charges for the use of intellectual property, payments BoP | $246.6M | $3.7B |
| Charges for the use of intellectual property, receipts BoP | $8.2M | $4.4B |
| Expense, % of GDP | 16.7% | 39.6% |
| Government Expenditure, % of GDP | 21.8% | 52.5% |
