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Economy of Angola vs Burkina Faso compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $23.1B for Burkina Faso, ranking 71/197 and 122/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $13.2B (57.2% of GDP) in Burkina Faso.

Angola vs Burkina Faso GDP by year

Angola
Burkina Faso
1x
Year GDP, current $
Angola Burkina Faso
2024 $100,998,916,781 $23,124,729,853
2023 $107,167,747,140 $20,112,614,449
2022 $131,212,208,930 $18,622,421,395
2021 $79,559,543,805 $19,697,516,284
2020 $58,852,456,454 $17,725,010,533
2019 $80,734,428,593 $16,032,813,503
2018 $89,512,794,227 $15,890,066,221
2017 $84,376,935,689 $14,106,955,615
2016 $59,878,249,719 $12,833,363,045
2015 $102,543,067,841 $11,832,159,316
2014 $153,449,860,496 $13,943,016,077
2013 $148,845,200,697 $13,444,300,486
2012 $143,572,907,528 $12,561,015,157
2011 $125,551,634,704 $12,080,295,978
2010 $95,546,919,755 $10,109,619,741
2009 $81,705,175,408 $9,450,696,873
2008 $98,790,432,989 $9,451,435,490
2007 $73,037,821,927 $7,625,722,837
2006 $58,653,659,980 $6,547,419,820
2005 $41,396,636,383 $6,146,353,173
2004 $26,997,977,897 $5,451,688,538
2003 $20,342,128,112 $4,740,768,143
2002 $17,311,512,432 $3,622,350,063
2001 $8,936,079,118 $3,190,371,081
2000 $9,129,594,970 $2,968,370,088
1999 $6,152,923,310 $3,389,566,713
1998 $6,506,221,616 $2,804,902,367
1997 $7,648,380,196 $2,447,669,102
1996 $7,526,421,519 $2,586,550,595
1995 $5,538,749,260 $2,379,517,975
1994 $4,438,321,017 $1,895,290,637
1993 $5,768,720,422 $3,199,536,465
1992 $8,307,810,974 $3,356,692,505
1991 $10,603,784,541 $3,135,045,584
1990 $11,229,515,599 $3,101,300,779
1989 $10,201,780,977 $2,615,587,734
1988 $8,769,836,769 $2,616,040,479
1987 $8,084,412,414 $2,369,834,950
1986 $7,072,536,109 $2,036,303,358
1985 $7,554,065,410 $1,552,493,196
1984 $6,131,475,065 $1,459,880,132
1983 $5,784,341,596 $1,600,278,605
1982 $5,550,483,036 $1,754,450,096
1981 $5,550,483,036 $1,775,842,334
1980 $5,930,503,401 $1,928,719,888
1979 - $1,748,480,621
1978 - $1,475,583,645
1977 - $1,131,224,878
1976 - $976,547,188
1975 - $939,972,703
1974 - $751,133,430
1973 - $674,773,570
1972 - $578,595,522
1971 - $482,411,179
1970 - $458,404,269
1969 - $478,298,645
1968 - $460,442,689
1967 - $450,753,924
1966 - $433,889,766
1965 - $422,916,790
1964 - $410,321,645
1963 - $394,040,667
1962 - $379,567,099
1961 - $350,247,234
1960 - $330,442,816

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

GeoRank.org/economy/angola/burkina-faso | CC BY

GDP per capita in Angola vs Burkina Faso by year

Angola
GDP per capita

GDP per capita, PPP
Burkina Faso
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Burkina Faso
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $982 $2,896
2023 $2,916 $9,754 $873 $2,759
2022 $3,682 $9,588 $827 $2,645
2021 $2,304 $8,862 $896 $2,486
2020 $1,759 $7,827 $825 $2,381
2019 $2,494 $8,573 $765 $2,232
2018 $2,860 $8,278 $777 $2,073
2017 $2,791 $8,007 $709 $2,042
2016 $2,052 $7,767 $664 $1,882
2015 $3,642 $8,067 $630 $1,692
2014 $5,650 $9,018 $765 $1,661
2013 $5,689 $8,504 $760 $1,643
2012 $5,702 $8,246 $731 $1,572
2011 $5,184 $7,538 $725 $1,531
2010 $4,102 $7,412 $625 $1,449
2009 $3,645 $7,228 $602 $1,360
2008 $4,578 $7,316 $619 $1,351
2007 $3,515 $6,728 $515 $1,290
2006 $2,930 $6,018 $456 $1,244
2005 $2,146 $5,416 $441 $1,172
2004 $1,451 $4,771 $404 $1,079
2003 $1,134 $4,322 $362 $1,038
2002 $999 $4,241 $285.7 $974
2001 $534 $3,802 $259.5 $948
2000 $564 $3,690 $248.9 $896
1999 $393 $3,619 $292.8 $886
1998 $429 $3,609 $249.5 $838
1997 $522 $3,525 $223.9 $794
1996 $531 $3,342 $242.7 $753
1995 $404 $2,990 $229.1 $684
1994 $335 $2,633 $187.2 $650
1993 $450 $2,628 $324 $644
1992 $669 $3,486 $349 $623
1991 $882 $3,740 $334 $623
1990 $966 $3,705 $339 $567
1989 $908 - $293.2 -
1988 $807 - $301 -
1987 $770 - $280.2 -
1986 $698 - $247.5 -
1985 $772 - $194.1 -
1984 $650 - $187.8 -
1983 $637 - $211.9 -
1982 $634 - $239 -
1981 $658 - $248.7 -
1980 $729 - $277.6 -
1979 - - $258.5 -
1978 - - $223.9 -
1977 - - $176 -
1976 - - $155.5 -
1975 - - $152.9 -
1974 - - $124.7 -
1973 - - $114.1 -
1972 - - $99.6 -
1971 - - $84.5 -
1970 - - $81.7 -
1969 - - $86.8 -
1968 - - $85 -
1967 - - $84.6 -
1966 - - $82.8 -
1965 - - $82.1 -
1964 - - $80.9 -
1963 - - $78.9 -
1962 - - $77.2 -
1961 - - $72.2 -
1960 - - $69.2 -

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

GeoRank.org/economy/angola/burkina-faso | CC BY

Angola's GDP per capita is $2,666, ranking 144/197, compared to $982 in Burkina Faso, ranking 180/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Burkina Faso ranks 181st at $2,896.

Economic indicators

Angola Burkina Faso
Gross domestic product
$101B
2024
$23.1B
2024
GDP rank
71/197
2024
122/197
2024
GDP growth
4.42%
2023-2024
4.8%
2023-2024
GDP per capita
$2,666
2024
$982
2024
GDP per capita rank
144/197
2024
180/197
2024
GDP per capita, PPP
$10,119
2024
$2,896
2024
GDP per capita PPP rank
133/197
2024
181/197
2024
Government debt
$60.5B
2024
$13.2B
2024
Debt-to-GDP ratio
59.9%
2024
57.2%
2024
Government debt per person
$1,597
2024
$562
2024
Government debt per person rank
127/185
2024
162/185
2024
Average annual personal income after taxes
$28,080
2026
$2,710
2026
Income share by richest 10%
39.6%
2018
30.2%
2021
Income share by poorest 10%
1.3%
2018
3%
2021
Government expenditure, % of GDP
18.4%
2024
27.8%
2024
Consumer prices inflation
28.2%
2023-2024
4.19%
2023-2024
Central bank interest rate
18%
2023
n/a
Unemployment rate
14.1%
2022
3.44%
2024
Population
40555924
24756783

Spending and national debt comparison by year

Angola
Spending

Debt
Burkina Faso
Spending

Debt
1x
Year % of GDP
Angola Burkina Faso
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 27.8% 57.2%
2023 18.8% 72.4% 29.4% 56.8%
2022 19.5% 56.1% 32.9% 59.2%
2021 17.3% 74.3% 27.8% 55.5%
2020 20% 119.1% 24.4% 43.6%
2019 18.2% 101.4% 23.3% 41.7%
2018 18.3% 82.5% 24.2% 38.1%
2017 21% 60.5% 26.3% 33.9%
2016 19.4% 66.7% 21.6% 32.9%
2015 23.9% 50.4% 20.4% 31.3%
2014 32.3% 35.3% 20.9% 26.1%
2013 32.9% 29.5% 25.3% 25.9%
2012 33.2% 23.8% 22.7% 25.2%
2011 33.3% 26.3% 20.4% 24.5%
2010 34.6% 32.6% 21.7% 23.7%
2009 38.7% 48.4% 21.5% 25.9%
2008 47.2% 28.1% 18.6% 24.9%
2007 34.1% 18.8% 22.8% 22.4%
2006 27.3% 16.7% 21.9% 20.1%
2005 23.7% 29.9% 20.2% 39.2%
2004 26% 41.6% 20.3% 40.7%
2003 30.1% 50.8% 17.6% 39.7%
2002 27.6% 65.1% 19.5% 43.3%
2001 30.3% 100.2% 19.7% 46.6%
2000 35.8% 118.2% 19.8% 47.5%
1999 39.4% 104.8% 21.4% 46.4%
1998 26.1% 96.3% 19.7% 47.7%
1997 26.8% 73.5% 20% 48.4%
1996 25.2% 92% 19.8% 45.8%
1995 - - 19.4% 48.9%
1994 - - 17.8% 55.1%
1993 - - 17.9% 33.6%
1992 - - 16.7% 29.6%
1991 - - 17% 28.7%
1990 - - 18.4% 25.6%
1989 - - 14.2% 25.5%
1988 - - 16.2% 28.8%
1987 - - 19.2% 30.7%
1986 - - 16.3% 27.6%
1985 - - 11.5% 28.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–2001, retrieved 2026-02-20).

GeoRank.org/economy/angola/burkina-faso | CC BY

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while Burkina Faso spent $6.43B, or 27.8% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 57.2% in Burkina Faso, ranking 78/185 and 89/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Burkina Faso
1x
Year Deficit/surplus, % of GDP
Angola Burkina Faso
2024 -1.01% -5.84%
2023 -1.83% -6.91%
2022 0.58% -10.9%
2021 3.4% -7.45%
2020 -1.66% -5.16%
2019 0.69% -3.39%
2018 2.03% -4.43%
2017 -5.75% -6.92%
2016 -3.98% -3.08%
2015 -2.57% -2.09%
2014 -5.07% -1.74%
2013 -0.27% -3.55%
2012 3.68% -2.76%
2011 7.2% -2.04%
2010 2.98% -4.06%
2009 -6.8% -4.16%
2008 -3.8% -3.63%
2007 3.85% -5.01%
2006 8.42% 14.3%
2005 6.4% -4.89%
2004 1.03% -4.19%
2003 -4.1% -1.79%
2002 -2.24% -4.43%
2001 2.8% -3.56%
2000 2.02% -3.03%
1999 -8.1% -3.29%
1998 -5.1% -2.6%
1997 -0.23% -2.64%
1996 4.49% -1.67%
1995 - -2.65%
1994 - -1.89%
1993 - -3.81%
1992 - -2.51%
1991 - -2.77%
1990 - -7.54%
1989 - 1.96%
1988 - -4.32%
1987 - -5.27%
1986 - -5.1%
1985 - -1.21%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1985–1989, retrieved 2026-02-20).

GeoRank.org/economy/angola/burkina-faso | 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 Burkina Faso's deficit of $1.35B, or 5.84% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while Burkina Faso ran a deficit in 28 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to deficit of 3.48% of GDP for Burkina Faso.

Inflation comparison by year

Inflation
Angola

Burkina Faso
1x
Year Consumer prices inflation
Angola Burkina Faso
2024 28.2% 4.19%
2023 13.6% 0.74%
2022 21.4% 14.3%
2021 25.8% 3.65%
2020 22.3% 1.88%
2019 17.1% -3.23%
2018 19.6% 1.96%
2017 29.8% 1.48%
2016 30.7% 0.44%
2015 9.2% 0.72%
2014 7.3% -0.26%
2013 8.8% 0.53%
2012 10.3% 3.82%
2011 13.5% 2.76%
2010 14.5% -0.76%
2009 13.7% 2.61%
2008 12.5% 10.7%
2007 12.2% -0.23%
2006 13.3% 2.33%
2005 23% 6.42%
2004 43.5% -0.4%
2003 98.2% 2.03%
2002 108.9% 2.18%
2001 152.6% 5.01%
2000 325% -0.3%
1999 248.2% -1.07%
1998 107.4% 5.08%
1997 221.5% 2.32%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/angola/burkina-faso | CC BY

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 2.46% in Burkina Faso. In 2024, inflation was 28.2% in Angola and 4.19% in Burkina Faso.

Top exports between countries

Angola
Export category Export value
Raw materials & minerals $815K
Textiles & consumer goods $607K
Metals $580K
Machinery & equipment $1K
Processed food, beverages & tobacco $1K
Burkina Faso
Export category Export value
Textiles & consumer goods $24K
Metals $22K
Raw materials & minerals $9K
Machinery & equipment $6K
Raw agricultural goods $1K

Balance of trade

Angola Burkina Faso
Current account balance
$6.31B
2024
-$1.02B
2023
Current account balance ranking
30/190
2024
122/190
2023
Current account balance, % of GDP
+6.25%
2024
-5.06%
2023
Goods imports
$14.2B
2024
$5.38B
2023
Goods exports
$36.8B
2024
$5.29B
2023
Service imports
$8.49B
2024
$1.45B
2023
Service exports
$129M
2024
$621M
2023
Imports of goods and services, % of GDP
19.4%
2024
31.9%
2024
Exports of goods and services, % of GDP
31.5%
2024
28.6%
2024

Economic freedom indices

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

Angola Burkina Faso
Economic freedom 54.4 49.1
Economic freedom ranking 133/197 167/197
Property rights 36.9 17.6
Government integrity 28.3 40.2
Judicial effectiveness 26.3 26.1
Tax burden 86.9 80.8
Government spending 89.3 72.9
Fiscal health 91.9 13.4
Business freedom 42.8 37.8
Labor freedom 50.8 62.1
Monetary freedom 59 71.9
Trade freedom 70.4 61
Investment freedom 30 65
Financial freedom 40 40

Economic freedom comparison by year

Angola
Burkina Faso
1x
Year Economic freedom index
Angola Burkina Faso
2026 54.4 49.1
2025 55 51
2024 54.3 51.9
2023 53 56.2
2022 52.6 58.3
2021 54.2 56.5
2020 52.2 56.7
2019 50.6 59.4
2018 48.6 60
2017 48.5 59.6
2016 48.9 59.1
2015 47.9 58.6
2014 47.7 58.9
2013 47.3 59.9
2012 46.7 60.6
2011 46.2 60.6
2010 48.4 59.4
2009 47 59.5
2008 46.9 55.7
2007 44.7 55.1
2006 43.5 55.8
2005 - 56.6
2004 - 58
2003 - 58.9
2002 - 58.8
2001 - 56.7
2000 24.3 55.7
1999 23.7 55
1998 24.9 54.5
1997 24.2 54
1996 24.4 49.4
1995 27.4 -

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

GeoRank.org/economy/angola/burkina-faso | CC BY

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 49.1 for Burkina Faso, ranking 167/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Burkina Faso
Services, % of GDP
41.1%
2024
43.9%
2024
Industry, % of GDP
34.6%
2024
26.5%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
20.9%
2024
GNI, Atlas method
$108B
2024
$20.1B
2024
GNI per capita, PPP
$9,460
2024
$2,720
2024
Total reserves including gold
$14.2B
2024
n/a
Total reserves ranking
69/177
2024
n/a
Net foreign direct investment
$1.14B
2024
-$64.3M
2023
Net inflows of foreign direct investment
-$1.11B
2024
$82.9M
2024
Net outflows of foreign direct investment
$33.1M
2024
$2.73M
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
4.07%
2024
Poverty at national poverty lines
36.6%
2020
43.2%
2021
Gross capital formation, % of GDP
10.4%
2024
21.9%
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/burkina-faso | 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 (1985–2001, retrieved 2026-02-20)
  6. TradeMap (2020–2024, 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.