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Economy of Angola vs Colombia compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $457B for Colombia, ranking 68/197 and 37/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $274B (59.9% of GDP) in Colombia.

Angola vs Colombia GDP by year

Angola
Colombia
1x
Year GDP, current $
Angola Colombia
2025 $122,174,889,424 $457,410,034,203
2024 $103,080,538,044 $420,504,033,143
2023 $106,042,349,567 $366,901,643,683
2022 $128,233,959,333 $345,632,492,851
2021 $78,283,923,544 $318,524,633,225
2020 $58,512,033,806 $270,348,342,541
2019 $81,193,813,808 $323,031,701,193
2018 $90,506,061,877 $334,198,218,098
2017 $85,629,598,654 $311,866,875,157
2016 $60,770,049,747 $282,720,100,286
2015 $102,543,067,841 $293,492,370,193
2014 $153,449,860,496 $381,240,864,422
2013 $148,845,200,696 $382,093,697,078
2012 $143,572,907,528 $370,691,143,018
2011 $125,551,634,705 $334,966,134,805
2010 $95,546,919,754 $286,498,534,095
2009 $81,705,175,409 $232,468,663,110
2008 $98,790,432,989 $242,504,150,473
2007 $73,037,821,926 $206,229,540,926
2006 $58,653,659,980 $161,792,958,905
2005 $41,396,636,384 $145,600,529,606
2004 $26,997,977,896 $117,092,416,666
2003 $20,342,128,112 $94,644,969,157
2002 $17,311,512,433 $97,945,812,803
2001 $8,936,079,118 $98,200,641,203
2000 $9,129,594,970 $99,875,074,951
1999 $6,152,923,310 $86,186,158,685
1998 $6,506,221,616 $98,443,739,941
1997 $7,648,380,196 $106,659,508,271
1996 $7,526,421,519 $97,160,109,278
1995 $5,538,749,260 $92,507,279,383
1994 $4,438,321,017 $81,703,500,846
1993 $5,768,720,422 $66,446,804,803
1992 $8,307,810,974 $58,418,985,443
1991 $10,603,784,541 $49,175,565,911
1990 $11,229,515,599 $47,844,090,710
1989 $10,201,780,977 $39,540,080,200
1988 $8,769,836,769 $39,212,550,050
1987 $8,084,412,414 $36,373,307,085
1986 $7,072,536,109 $34,942,489,684
1985 $7,554,065,410 $34,894,411,352
1984 $6,131,475,065 $38,253,120,738
1983 $5,784,341,596 $38,729,822,782
1982 $5,550,483,036 $38,968,039,722
1981 $5,550,483,036 $36,388,366,869
1980 $5,930,503,401 $33,400,735,644
1979 - $27,940,411,250
1978 - $23,263,511,958
1977 - $19,470,960,619
1976 - $15,341,403,660
1975 - $13,098,633,902
1974 - $12,370,029,584
1973 - $10,315,760,000
1972 - $8,671,358,733
1971 - $7,820,380,971
1970 - $7,198,360,460
1969 - $6,450,175,214
1968 - $5,960,212,869
1967 - $5,825,170,438
1966 - $5,428,518,519
1965 - $5,760,761,905
1964 - $5,973,366,667
1963 - $4,836,166,667
1962 - $4,955,543,963
1961 - $4,540,447,761
1960 - $4,031,152,977

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Angola vs Colombia by year

Angola
GDP per capita

GDP per capita, PPP
Colombia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Colombia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $8,562 -
2024 $2,721 $10,119 $7,951 $22,349
2023 $2,886 $9,754 $7,012 $21,246
2022 $3,599 $9,588 $6,680 $20,854
2021 $2,267 $8,862 $6,223 $17,383
2020 $1,749 $7,827 $5,340 $15,519
2019 $2,508 $8,573 $6,473 $16,182
2018 $2,892 $8,278 $6,817 $15,239
2017 $2,832 $8,007 $6,480 $14,401
2016 $2,082 $7,767 $5,960 $14,027
2015 $3,642 $8,067 $6,249 $13,332
2014 $5,650 $9,018 $8,187 $13,355
2013 $5,689 $8,504 $8,279 $12,780
2012 $5,702 $8,246 $8,109 $12,093
2011 $5,184 $7,538 $7,401 $11,707
2010 $4,102 $7,412 $6,398 $10,841
2009 $3,645 $7,228 $5,251 $10,367
2008 $4,578 $7,316 $5,542 $10,307
2007 $3,515 $6,728 $4,770 $9,909
2006 $2,930 $6,018 $3,790 $9,154
2005 $2,146 $5,416 $3,456 $8,432
2004 $1,451 $4,771 $2,819 $7,909
2003 $1,134 $4,322 $2,312 $7,420
2002 $999 $4,241 $2,429 $7,109
2001 $534 $3,802 $2,473 $6,935
2000 $564 $3,690 $2,555 $6,776
1999 $393 $3,619 $2,241 $6,544
1998 $429 $3,609 $2,605 $6,854
1997 $522 $3,525 $2,873 $6,861
1996 $531 $3,342 $2,665 $6,639
1995 $404 $2,990 $2,584 $6,506
1994 $335 $2,633 $2,326 $6,174
1993 $450 $2,628 $1,929 $5,826
1992 $669 $3,486 $1,730 $5,509
1991 $882 $3,740 $1,486 $5,281
1990 $966 $3,705 $1,475 $5,109
1989 $908 - $1,244 -
1988 $807 - $1,260 -
1987 $770 - $1,193 -
1986 $698 - $1,169 -
1985 $772 - $1,192 -
1984 $650 - $1,336 -
1983 $637 - $1,384 -
1982 $634 - $1,425 -
1981 $658 - $1,362 -
1980 $729 - $1,280 -
1979 - - $1,095 -
1978 - - $932 -
1977 - - $798 -
1976 - - $643 -
1975 - - $561 -
1974 - - $542 -
1973 - - $462 -
1972 - - $397 -
1971 - - $367 -
1970 - - $346 -
1969 - - $318 -
1968 - - $302 -
1967 - - $303 -
1966 - - $290.3 -
1965 - - $317 -
1964 - - $339 -
1963 - - $282.6 -
1962 - - $298.5 -
1961 - - $282.1 -
1960 - - $258.3 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $8,562 in Colombia, ranking 94/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Colombia ranks 87th at $22,349.

Economic indicators

Angola Colombia
Gross domestic product
$122B
2025
$457B
2025
GDP rank
68/197
2025
37/197
2025
GDP growth
3.13%
2024-2025
2.64%
2024-2025
GDP per capita
$3,129
2025
$8,562
2025
GDP per capita rank
142/197
2025
94/197
2025
GDP per capita, PPP
$10,119
2024
$22,349
2024
GDP per capita PPP rank
133/197
2024
87/197
2024
Government debt
$62.7B
2025
$274B
2025
Debt-to-GDP ratio
51.3%
2025
59.9%
2025
Government debt per person
$1,606
2025
$5,126
2025
Government debt per person rank
127/185
2025
85/185
2025
Average annual personal income after taxes
$2,550
2026
$6,463
2026
Market capitalization of domestic companies n/a
$133B
2025
Number of billionaires n/a
4
2026
Income share by richest 10%
39.6%
2018
42.7%
2024
Income share by poorest 10%
1.3%
2018
1%
2024
Government expenditure, % of GDP
18.9%
2025
33.2%
2025
Consumer prices inflation
20.2%
2024-2025
5.14%
2024-2025
Central bank interest rate
17.5%
2026
11.3%
2026
Unemployment rate
10.4%
2025
8.43%
2025
Population
40839390
54209462

Spending and national debt comparison by year

Angola
Spending

Debt
Colombia
Spending

Debt
1x
Year % of GDP
Angola Colombia
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 33.2% 59.9%
2024 19% 57.1% 34.4% 61%
2023 23.3% 75.7% 35.1% 55.4%
2022 24.8% 57.4% 34.1% 61.3%
2021 22.8% 75.5% 34.5% 64.4%
2020 24.4% 119.8% 33.7% 65.3%
2019 20.9% 100.8% 32.9% 51%
2018 17.8% 81.6% 34.7% 51.8%
2017 20.7% 59.6% 29.3% 49.4%
2016 19.1% 65.7% 30% 49.9%
2015 23.9% 50.4% 31.3% 50.4%
2014 32.3% 35.3% 31.3% 43.3%
2013 32.9% 29.5% 30% 37.6%
2012 33.2% 23.8% 29.1% 34%
2011 33.3% 26.3% 30.2% 35.8%
2010 34.6% 32.6% 30.4% 36.5%
2009 38.7% 48.4% 30.9% 35.4%
2008 47.2% 28.1% 28.4% 32.4%
2007 34.1% 18.8% 28.2% 32.7%
2006 27.3% 16.7% 28.4% 36%
2005 23.7% 29.9% 25.9% 38.5%
2004 26% 41.6% 26.6% 41.5%
2003 30.1% 50.8% 28% 45%
2002 27.6% 65.1% 28.1% 47.5%
2001 30.3% 100.2% 27.5% 41.1%
2000 35.8% 118.2% 26.6% 38%
1999 45.7% 104.8% 28.3% 34%
1998 30.3% 96.3% 26.3% 27.5%
1997 31.1% 73.5% 26.2% 25.3%
1996 29.3% 92% 25.1% 23.3%
1995 - - 22.2% 13.8%
1994 - - 20.6% 12.5%
1993 - - 20% 14.2%
1992 - - 18.4% 16.1%
1991 - - 17.7% 14.5%
1990 - - 17.4% 16.7%
1989 - - 10.3% 17.3%
1988 - - 10.3% 17.9%
1987 - - 9.7% 18.9%
1986 - - 9.8% 20.2%
1985 - - 10.5% 19.3%
1984 - - 10.3% 15.5%
1983 - - 10.2% 10.8%
1982 - - 10.6% 8.8%
1981 - - 9.9% 8.5%
1980 - - 9.6% 8%
1979 - - 8.6% 7.7%
1978 - - 8.1% 7.6%
1977 - - 7.7% 9.2%
1976 - - 8% 12.2%
1975 - - 9.4% 14.6%
1974 - - 8.8% 15.9%
1973 - - 9.4% 16.3%
1972 - - 10.3% 16.9%
1971 - - 10.3% 16.2%
1970 - - 10% 16.7%
1969 - - 9.2% 17%
1968 - - 8.9% 16.2%
1967 - - 8.2% 15.8%
1966 - - 8% 15.3%
1965 - - 7% 15.2%
1964 - - 8.1% 13.1%
1963 - - 8.6% 13.9%
1962 - - 7.8% 14.8%
1961 - - 8.6% 8.7%
1960 - - 6.7% 7.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while Colombia spent $152B, or 33.2% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 59.9% in Colombia, ranking 103/185 and 78/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Colombia
1x
Year Deficit/surplus, % of GDP
Angola Colombia
2025 -4.07% -5.75%
2024 -1.19% -6.04%
2023 -2.49% -2.92%
2022 1.78% -6.36%
2021 1.35% -7.28%
2020 -3.05% -7.12%
2019 -0.2% -3.48%
2018 2% -4.67%
2017 -5.68% -2.5%
2016 -3.93% -2.27%
2015 -2.58% -3.52%
2014 -5.08% -1.74%
2013 -0.28% -1.02%
2012 3.67% 0.15%
2011 7.17% -1.99%
2010 2.96% -3.3%
2009 -6.83% -2.67%
2008 -3.82% 0.04%
2007 3.81% -0.82%
2006 8.42% -0.99%
2005 6.4% -0.02%
2004 1.03% -1.31%
2003 -4.1% -2.7%
2002 -2.24% -3.45%
2001 2.8% -2.71%
2000 2.02% -2.94%
1999 -9.4% -5.37%
1998 -5.92% -3.86%
1997 -0.27% -3.23%
1996 5.22% -2.49%
1995 - -1%
1994 - -0.14%
1993 - -0.24%
1992 - -0.07%
1991 - 0.35%
1990 - -0.41%
1989 - -1.4%
1988 - -1.3%
1987 - -0.4%
1986 - -1.4%
1985 - -2.4%
1984 - -3.3%
1983 - -3.1%
1982 - -3.6%
1981 - -2.8%
1980 - -2.2%
1979 - -0.7%
1978 - 0.3%
1977 - 0.5%
1976 - 0.6%
1975 - -0.5%
1974 - -1.2%
1973 - -1.1%
1972 - -1.7%
1971 - -1%
1970 - -0.7%
1969 - -0.5%
1968 - 0%
1967 - -0.2%
1966 - 0.1%
1965 - -0.6%
1964 - -1.1%
1963 - -1.7%
1962 - -1.6%
1961 - -1.5%
1960 - 1.2%
1959 - 2%
1958 - 1.7%
1957 - 1.4%
1956 - -0.2%
1955 - 0.7%
1954 - 1.3%
1953 - 1.3%
1952 - 1.6%
1951 - 2.1%
1950 - 0.9%
1949 - 0.5%
1948 - -0.1%
1947 - 0.2%
1946 - -0.5%
1945 - 0.1%
1944 - -0.2%
1943 - -0.7%
1942 - -1.5%
1941 - 0%
1940 - -1.5%
1939 - 0.8%
1938 - 0.5%
1937 - 1.4%
1936 - 1.1%
1935 - 1.3%
1934 - 0.2%
1933 - -0.4%
1932 - -0.8%
1931 - -0.2%
1930 - 0.3%
1929 - 0.4%
1928 - -0.4%
1927 - -0.6%
1926 - 0%
1925 - 1%
1924 - 0.5%
1923 - 0.3%
1922 - -0.7%
1921 - -1.6%
1920 - 0.4%
1919 - -0.8%
1918 - -2.1%
1917 - -0.5%
1916 - 0.2%
1915 - -0.2%
1914 - -0.5%
1913 - 0.5%
1912 - -0.3%
1911 - -0.1%
1910 - -0.3%
1909 - -3.3%
1908 - -2.7%
1907 - -2.7%
1906 - 0.2%
1905 - -0.9%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1905–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Angola's government deficit, the difference between spending and revenue, was $4.97B, equivalent to 4.07% of GDP. This compares to Colombia's deficit of $26.3B, or 5.75% of GDP.

Over the past 30 years, Angola recorded a fiscal deficit in 17 of those years, while Colombia ran a deficit in 28 years. On average, Angola posted an annual deficit equal to 0.42% of GDP, compared to deficit of 3.08% of GDP for Colombia.

Inflation comparison by year

Inflation
Angola

Colombia
1x
Year Consumer prices inflation
Angola Colombia
2025 20.2% 5.14%
2024 28.2% 6.61%
2023 13.6% 11.7%
2022 21.4% 10.2%
2021 25.8% 3.5%
2020 22.3% 2.53%
2019 17.1% 3.52%
2018 19.6% 3.24%
2017 29.8% 4.31%
2016 30.7% 7.51%
2015 9.2% 4.99%
2014 7.3% 2.9%
2013 8.8% 2.02%
2012 10.3% 3.17%
2011 13.5% 3.42%
2010 14.5% 2.27%
2009 13.7% 4.2%
2008 12.5% 7%
2007 12.2% 5.54%
2006 13.3% 4.29%
2005 23% 5.05%
2004 43.5% 5.9%
2003 98.2% 7.13%
2002 108.9% 6.35%
2001 152.6% 7.97%
2000 325% 9.23%
1999 248.2% 10.9%
1998 107.4% 18.7%
1997 221.5% 18.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 6.47% in Colombia. In 2025, inflation was 20.2% in Angola and 5.14% in Colombia.

Top exports between countries

Angola
Export category Export value
Machinery & equipment $14K
Textiles & consumer goods $8K
Chemicals & pharma $4K
Metals $4K
Colombia
Export category Export value
Processed food, beverages & tobacco $633K
Machinery & equipment $485K
Textiles & consumer goods $302K
Raw agricultural goods $93K
Chemicals & pharma $50K
Animal & marine products $29K
Metals $6K
Raw materials & minerals $3K
Miscellaneous $2K
Wood & paper products $1K

Balance of trade

Angola Colombia
Current account balance
$536M
2025
-$10.9B
2025
Current account balance ranking
57/190
2025
176/190
2025
Current account balance, % of GDP
+0.44%
2025
-2.38%
2025
Goods imports
$15.5B
2025
$66.3B
2025
Goods exports
$30.6B
2025
$51.5B
2025
Service imports
$8.51B
2025
$19.6B
2025
Service exports
$118M
2025
$19.6B
2025
Imports of goods and services, % of GDP
11.7%
2025
20.4%
2025
Exports of goods and services, % of GDP
23%
2025
15%
2025

Economic freedom indices

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

Angola Colombia
Economic freedom 54.4 59.8
Economic freedom ranking 133/197 101/197
Property rights 36.9 43.1
Government integrity 28.3 41.6
Judicial effectiveness 26.3 57.4
Tax burden 86.9 68.6
Government spending 89.3 64
Fiscal health 91.9 49.8
Business freedom 42.8 71.2
Labor freedom 50.8 59.1
Monetary freedom 59 71.9
Trade freedom 70.4 71.4
Investment freedom 30 60
Financial freedom 40 60

Economic freedom comparison by year

Angola
Colombia
1x
Year Economic freedom index
Angola Colombia
2026 54.4 59.8
2025 55 59.8
2024 54.3 59.2
2023 53 63.1
2022 52.6 65.1
2021 54.2 68.1
2020 52.2 69.2
2019 50.6 67.3
2018 48.6 68.9
2017 48.5 69.7
2016 48.9 70.8
2015 47.9 71.7
2014 47.7 70.7
2013 47.3 69.6
2012 46.7 68
2011 46.2 68
2010 48.4 65.5
2009 47 62.3
2008 46.9 62.2
2007 44.7 59.9
2006 43.5 60.4
2005 - 59.6
2004 - 61.2
2003 - 64.2
2002 - 64.2
2001 - 65.6
2000 24.3 63.3
1999 23.7 65.3
1998 24.9 65.5
1997 24.2 66.4
1996 24.4 64.3
1995 27.4 64.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 59.8 for Colombia, ranking 101/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Colombia
Services, % of GDP
46.8%
2025
58.5%
2025
Industry, % of GDP
27.1%
2025
21.8%
2025
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
9.95%
2025
GNI, Atlas method
$112B
2025
$422B
2025
GNI per capita, PPP
$9,840
2025
$22,250
2025
Total reserves including gold
$13.5B
2025
$65.8B
2025
Total reserves ranking
75/177
2025
41/177
2025
Net foreign direct investment
-$1.02B
2025
-$7.31B
2025
Net inflows of foreign direct investment
-$1.11B
2024
$13.7B
2024
Net outflows of foreign direct investment
$33.1M
2024
$4.51B
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
8.17%
2024
Poverty at national poverty lines
36.6%
2020
31.8%
2024
Gross capital formation, % of GDP
10.6%
2024
16.7%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1905–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.