Angola vs Cape Verde: Economic Indicators Comparison

Angola with a GDP of $105.8B ranked the 63rd largest economy in the world, while Cape Verde ranked 174th with $2B. By GDP 5-years average growth and GDP per capita, Angola and Cape Verde ranked 166th vs 94th and 128th vs 125th, respectively.

Gross Domestic Product & Income

StatAngolaCape Verde
GDP$105.8B$2B
GDP growth, 1 year-1.7%4.7%
GDP growth, 5-years average0.3%3%
Population29.8M546k
GDP per capita$3.4k$3.6k
GDP per capita growth-5.29%3.87%
Purchasing Power Parity conversion factor134.5145.56
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.49
GDP per capita, PPP adjusted$6.8k$7.3k
GNI, Atlas method$103.8B$1.9B
GNI per capita$3.4k$3.4k
GNI, PPP adjusted$190B$4B
GNI per capita, PPP adjusted$6.2k$7.3k

Financial system and Human development

StatAngolaCape Verde
Income Tax Rate17%50%
Corporate Tax Rate30%30%
Inflation, consumer prices19.6%2.2%
Inflation, GDP deflator34.8%1.5%
Unemployment7.3%12.3%
Economic Freedom Index52.263.6
Personal Freedom Index5.448.33
Human Freedom Index5.027.4
Property Rights Index36.947.5
Judical Effectiveness Index14.348
Business Freedom Index57.758.5
Fiscal Health Index71.966.2
Labor Freedom Index61.155.6
Investment Freedom Index3080
Financial Freedom Index4060
Trade Freedom Index66.268.2
Monetary Freedom Index59.683.1
Government Spending Index85.771.7
Tax Burden Index87.377.7
Government Integrity Index15.146.1
Corruption Perceptions Index1957
Life expectancy at birth, years60.472.6
Suicide mortality rate, per 100,000 people4.711.3
Mortality caused by road traffic injury, per 100,000 people23.625
Intentional homicides, per 100,000 people4.911.5
International tourism, number of arrivals218k710k

Government debt & reserves

StatAngolaCape Verde
Central government debt, % of GDP88.1%127.7%
External debt stocks, % of GNI54%89.3%
External debt stocks$54.6B$1.7B
Short-term debt, % of total reserves15%0.2%
Total debt service, % of exports and primary income21.9%5.6%
Adjusted net savings including particulate emission damage, % of GNI-16.3%11.7%
Gross savings, % of GDP26.4%34.7%
Gross capital formation, % of GDP24.1%40.4%
Total reserves including gold$15.4B$606.4M
Foreign direct investment net inflows-$5.7B$108M

Exports, imports and economic structure

StatAngolaCape Verde
Exports of goods and services, % of GDP29%48.8%
Imports of goods and services, % of GDP23.3%68.2%
Current account balance (balance of payments)$7.4B-$94.5M
Revenue excluding grants, % of GDP16.4%28.8%
Grants excluding technical cooperation, BoP$138.9M$42.5M
Personal remittances received$1.6M$233.5M
Industry including construction value added, % of GDP42.2%19.2%
Agriculture, forestry and fishing value added, % of GDP10%5.3%
Charges for the use of intellectual property, payments BoP$246.6M$11.3M
Charges for the use of intellectual property, receipts BoP$8.2M$47k
Expense, % of GDP16.7%28.4%
Government Expenditure, % of GDP21.8%30.7%

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
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
Zimbabwe
$2.1k
16.5M

Cape Verde vs

CountryGDP
per capita
Population
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
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
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