Skip to content

Economy of Angola vs Congo compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $15.7B for the Congo, ranking 71/197 and 141/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $15.4B (98% of GDP) in the Congo.

Angola vs Congo GDP by year

Angola
Congo
1x
Year GDP, current $
Angola Congo
2024 $100,998,916,781 $15,719,986,077
2023 $107,167,747,140 $15,321,055,823
2022 $131,212,208,930 $15,817,030,155
2021 $79,559,543,805 $14,825,690,211
2020 $58,852,456,454 $11,468,687,464
2019 $80,734,428,593 $13,976,637,780
2018 $89,512,794,227 $14,773,900,289
2017 $84,376,935,689 $11,834,473,039
2016 $59,878,249,719 $10,931,328,151
2015 $102,543,067,841 $12,434,793,867
2014 $153,449,860,496 $17,919,321,078
2013 $148,845,200,697 $17,958,720,699
2012 $143,572,907,528 $17,692,911,296
2011 $125,551,634,704 $15,655,383,577
2010 $95,546,919,755 $13,148,396,212
2009 $81,705,175,408 $9,723,299,915
2008 $98,790,432,989 $11,649,857,673
2007 $73,037,821,927 $8,782,703,437
2006 $58,653,659,980 $8,072,305,029
2005 $41,396,636,383 $6,650,001,680
2004 $26,997,977,897 $4,656,974,940
2003 $20,342,128,112 $3,503,723,088
2002 $17,311,512,432 $3,034,250,924
2001 $8,936,079,118 $2,796,704,604
2000 $9,129,594,970 $3,227,927,698
1999 $6,152,923,310 $2,354,772,960
1998 $6,506,221,616 $1,949,481,379
1997 $7,648,380,196 $2,322,719,103
1996 $7,526,421,519 $2,540,697,539
1995 $5,538,749,260 $2,116,003,868
1994 $4,438,321,017 $1,769,365,438
1993 $5,768,720,422 $2,684,323,623
1992 $8,307,810,974 $2,933,222,703
1991 $10,603,784,541 $2,724,853,506
1990 $11,229,515,599 $2,798,746,050
1989 $10,201,780,977 $2,389,593,026
1988 $8,769,836,769 $2,212,536,312
1987 $8,084,412,414 $2,297,753,652
1986 $7,072,536,109 $1,849,268,212
1985 $7,554,065,410 $2,160,872,540
1984 $6,131,475,065 $2,193,581,365
1983 $5,784,341,596 $2,097,274,290
1982 $5,550,483,036 $2,160,640,565
1981 $5,550,483,036 $1,993,512,323
1980 $5,930,503,401 $1,705,796,853
1979 - $1,198,749,667
1978 - $878,771,772
1977 - $765,224,029
1976 - $754,549,601
1975 - $767,102,680
1974 - $585,364,634
1973 - $541,973,363
1972 - $410,669,264
1971 - $322,128,019
1970 - $274,960,700
1969 - $265,040,036
1968 - $251,247,458
1967 - $237,397,428
1966 - $220,613,582
1965 - $198,318,064
1964 - $185,693,725
1963 - $172,233,431
1962 - $166,521,240
1961 - $151,675,739
1960 - $131,731,863

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

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

GDP per capita in Angola vs Congo by year

Angola
GDP per capita

GDP per capita, PPP
Congo
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Congo
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $2,482 $7,026
2023 $2,916 $9,754 $2,478 $6,850
2022 $3,682 $9,588 $2,621 $6,647
2021 $2,304 $8,862 $2,516 $6,263
2020 $1,759 $7,827 $1,994 $4,771
2019 $2,494 $8,573 $2,488 $5,720
2018 $2,860 $8,278 $2,694 $5,593
2017 $2,791 $8,007 $2,212 $4,445
2016 $2,052 $7,767 $2,093 $4,016
2015 $3,642 $8,067 $2,439 $4,715
2014 $5,650 $9,018 $3,601 $5,733
2013 $5,689 $8,504 $3,697 $5,834
2012 $5,702 $8,246 $3,732 $6,058
2011 $5,184 $7,538 $3,396 $5,175
2010 $4,102 $7,412 $2,947 $5,125
2009 $3,645 $7,228 $2,271 $4,801
2008 $4,578 $7,316 $2,832 $4,448
2007 $3,515 $6,728 $2,206 $4,243
2006 $2,930 $6,018 $2,104 $4,588
2005 $2,146 $5,416 $1,799 $4,279
2004 $1,451 $4,771 $1,306 $3,992
2003 $1,134 $4,322 $1,017 $3,887
2002 $999 $4,241 $906 $3,888
2001 $534 $3,802 $855 $3,748
2000 $564 $3,690 $1,024 $3,667
1999 $393 $3,619 $776 $3,464
1998 $429 $3,609 $660 $3,602
1997 $522 $3,525 $804 $3,510
1996 $531 $3,342 $899 $3,547
1995 $404 $2,990 $770 $3,434
1994 $335 $2,633 $662 $3,327
1993 $450 $2,628 $1,034 $3,550
1992 $669 $3,486 $1,164 $3,608
1991 $882 $3,740 $1,113 $3,536
1990 $966 $3,705 $1,176 $3,437
1989 $908 - $1,033 -
1988 $807 - $984 -
1987 $770 - $1,052 -
1986 $698 - $872 -
1985 $772 - $1,049 -
1984 $650 - $1,097 -
1983 $637 - $1,075 -
1982 $634 - $1,131 -
1981 $658 - $1,066 -
1980 $729 - $933 -
1979 - - $670 -
1978 - - $503 -
1977 - - $448 -
1976 - - $453 -
1975 - - $471 -
1974 - - $370 -
1973 - - $353 -
1972 - - $276.3 -
1971 - - $223.5 -
1970 - - $196.7 -
1969 - - $195.4 -
1968 - - $190.8 -
1967 - - $185.7 -
1966 - - $177.6 -
1965 - - $164.2 -
1964 - - $158.1 -
1963 - - $150.7 -
1962 - - $149.6 -
1961 - - $139.9 -
1960 - - $124.7 -

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

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

Angola's GDP per capita is $2,666, ranking 144/197, compared to $2,482 in the Congo, ranking 149/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while the Congo ranks 148th at $7,026.

Economic indicators

Angola Congo
Gross domestic product
$101B
2024
$15.7B
2024
GDP rank
71/197
2024
141/197
2024
GDP growth
4.42%
2023-2024
2.58%
2023-2024
GDP per capita
$2,666
2024
$2,482
2024
GDP per capita rank
144/197
2024
149/197
2024
GDP per capita, PPP
$10,119
2024
$7,026
2024
GDP per capita PPP rank
133/197
2024
148/197
2024
Government debt
$60.5B
2024
$15.4B
2024
Debt-to-GDP ratio
59.9%
2024
98%
2024
Government debt per person
$1,597
2024
$2,433
2024
Government debt per person rank
127/185
2024
112/185
2024
Average annual personal income after taxes
$28,080
2026
$2,153
2026
Income share by richest 10%
39.6%
2018
37.9%
2011
Income share by poorest 10%
1.3%
2018
1.6%
2011
Government expenditure, % of GDP
18.4%
2024
21.7%
2024
Consumer prices inflation
28.2%
2023-2024
3.1%
2023-2024
Central bank interest rate
18%
2023
n/a
Unemployment rate
14.1%
2022
10%
2012
Population
40555924
6681829

Spending and national debt comparison by year

Angola
Spending

Debt
Congo
Spending

Debt
1x
Year % of GDP
Angola Congo
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 21.7% 98%
2023 18.8% 72.4% 20.7% 102.9%
2022 19.5% 56.1% 22.8% 93.5%
2021 17.3% 74.3% 20.9% 97.8%
2020 20% 119.1% 21.1% 102.5%
2019 18.2% 101.4% 20.2% 77.6%
2018 18.3% 82.5% 17.8% 71.2%
2017 21% 60.5% 26.6% 88.5%
2016 19.4% 66.7% 38.8% 84.6%
2015 23.9% 50.4% 41.3% 74.2%
2014 32.3% 35.3% 48.6% 42.3%
2013 32.9% 29.5% 42.4% 33.9%
2012 33.2% 23.8% 30.7% 30.2%
2011 33.3% 26.3% 27.9% 34.4%
2010 34.6% 32.6% 23% 43.5%
2009 38.7% 48.4% 24.4% 83.8%
2008 47.2% 28.1% 24.2% 69.6%
2007 34.1% 18.8% 28.6% 93.8%
2006 27.3% 16.7% 26.6% 94.7%
2005 23.7% 29.9% 22.1% 99.8%
2004 26% 41.6% 24.4% 122.6%
2003 30.1% 50.8% 27% 185.3%
2002 27.6% 65.1% 32.1% 163.5%
2001 30.3% 100.2% 29.1% 180.1%
2000 35.8% 118.2% 22.6% 145%
1999 39.4% 104.8% 28.8% 0%
1998 26.1% 96.3% 25.1% 0%
1997 26.8% 73.5% 22.2% 0%
1996 25.2% 92% 15.7% 0%
1995 - - 27.6% 0%
1994 - - 30.7% 0%
1993 - - 32.8% 0%
1992 - - 32.8% 0%
1991 - - 34.1% 0%
1990 - - 30.4% 0%
1989 - - 20.3% 151.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1989–1999, retrieved 2026-02-20).

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

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while the Congo spent $3.4B, or 21.7% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 98% in the Congo, ranking 78/185 and 25/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Congo
1x
Year Deficit/surplus, % of GDP
Angola Congo
2024 -1.01% 3.62%
2023 -1.83% 5.81%
2022 0.58% 8.94%
2021 3.4% 1.63%
2020 -1.66% -1.1%
2019 0.69% 4.3%
2018 2.03% 5.22%
2017 -5.75% -5.57%
2016 -3.98% -14.5%
2015 -2.57% -17.8%
2014 -5.07% -10.7%
2013 -0.27% -2.85%
2012 3.68% 7.24%
2011 7.2% 16.1%
2010 2.98% 15.5%
2009 -6.8% 4.76%
2008 -3.8% 23.9%
2007 3.85% 8.99%
2006 8.42% 16%
2005 6.4% 13.4%
2004 1.03% 3.33%
2003 -4.1% 0.37%
2002 -2.24% -7.34%
2001 2.8% -0.71%
2000 2.02% 1.05%
1999 -8.1% -4.75%
1998 -5.1% -5.16%
1997 -0.23% 3.67%
1996 4.49% 9.2%
1995 - -6.38%
1994 - -10.6%
1993 - -11.3%
1992 - -12.7%
1991 - -11.2%
1990 - -4.1%
1989 - 0.78%

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

GeoRank.org/economy/angola/congo | 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 the Congo's surplus of $568M, or 3.62% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while the Congo ran a deficit in 10 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to surplus of 2.84% of GDP for the Congo.

Inflation comparison by year

Inflation
Angola

Congo
1x
Year Consumer prices inflation
Angola Congo
2024 28.2% 3.1%
2023 13.6% 4.3%
2022 21.4% 3%
2021 25.8% 2%
2020 22.3% 1.4%
2019 17.1% 0.4%
2018 19.6% 1.2%
2017 29.8% 0.4%
2016 30.7% 3.2%
2015 9.2% 3.2%
2014 7.3% 0.9%
2013 8.8% 4.6%
2012 10.3% 5%
2011 13.5% 1.8%
2010 14.5% 0.4%
2009 13.7% 4.3%
2008 12.5% 6%
2007 12.2% 2.6%
2006 13.3% 4.7%
2005 23% 2.5%
2004 43.5% 3.7%
2003 98.2% 1.7%
2002 108.9% 3%
2001 152.6% 0.8%
2000 325% 0.5%
1999 248.2% 3%
1998 107.4% 2.2%
1997 221.5% 12.7%

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

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

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 2.95% in the Congo. In 2024, inflation was 28.2% in Angola and 3.1% in the Congo.

Top exports between countries

Angola
Export category Export value
Machinery & equipment $163M
Processed food, beverages & tobacco $15.4M
Metals $14.6M
Chemicals & pharma $10.5M
Miscellaneous $5.03M
Animal & marine products $2.7M
Textiles & consumer goods $2.26M
Raw materials & minerals $1.23M
Wood & paper products $1.18M
Raw agricultural goods $277K
Congo
Export category Export value
Machinery & equipment $54.9M
Raw materials & minerals $18.7M
Textiles & consumer goods $1.59M
Raw agricultural goods $801K
Metals $755K
Chemicals & pharma $249K
Precious metals & jewellery $15K
Miscellaneous $9K
Processed food, beverages & tobacco $9K
Weapons & explosives $4K

Balance of trade

Angola Congo
Current account balance
$6.31B
2024
$1.72B
2021
Current account balance ranking
30/190
2024
48/190
2021
Current account balance, % of GDP
+6.25%
2024
+11.6%
2021
Goods imports
$14.2B
2024
$2.78B
2021
Goods exports
$36.8B
2024
$7.51B
2021
Service imports
$8.49B
2024
$1.71B
2021
Service exports
$129M
2024
$240M
2021
Imports of goods and services, % of GDP
19.4%
2024
40.4%
2024
Exports of goods and services, % of GDP
31.5%
2024
52.8%
2024

Economic freedom indices

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

Angola Congo
Economic freedom 54.4 48.6
Economic freedom ranking 133/197 169/197
Property rights 36.9 28.7
Government integrity 28.3 13.9
Judicial effectiveness 26.3 15.4
Tax burden 86.9 73.7
Government spending 89.3 85.8
Fiscal health 91.9 80.8
Business freedom 42.8 35.8
Labor freedom 50.8 52.4
Monetary freedom 59 78.4
Trade freedom 70.4 52.8
Investment freedom 30 35
Financial freedom 40 30

Economic freedom comparison by year

Angola
Congo
1x
Year Economic freedom index
Angola Congo
2026 54.4 48.6
2025 55 48.6
2024 54.3 47.8
2023 53 48.1
2022 52.6 48.5
2021 54.2 50.7
2020 52.2 41.8
2019 50.6 39.7
2018 48.6 38.9
2017 48.5 40
2016 48.9 42.8
2015 47.9 42.7
2014 47.7 43.7
2013 47.3 43.5
2012 46.7 43.8
2011 46.2 43.6
2010 48.4 43.2
2009 47 45.4
2008 46.9 45.3
2007 44.7 44.4
2006 43.5 43.8
2005 - 46.2
2004 - 45.9
2003 - 47.7
2002 - 45.3
2001 - 44.3
2000 24.3 40.6
1999 23.7 41.6
1998 24.9 33.8
1997 24.2 42.2
1996 24.4 40.3
1995 27.4 -

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 48.6 for the Congo, ranking 169/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Congo
Services, % of GDP
41.1%
2024
45%
2024
Industry, % of GDP
34.6%
2024
40.1%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
9.44%
2024
GNI, Atlas method
$108B
2024
$14.4B
2024
GNI per capita, PPP
$9,460
2024
$6,340
2024
Total reserves including gold
$14.2B
2024
$715M
2023
Total reserves ranking
69/177
2024
148/177
2023
Net foreign direct investment
$1.14B
2024
$330M
2021
Net inflows of foreign direct investment
-$1.11B
2024
$604M
2024
Net outflows of foreign direct investment
$33.1M
2024
$25.4M
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
7.67%
2024
Poverty at national poverty lines
36.6%
2020
40.9%
2011
Gross capital formation, % of GDP
10.4%
2024
26.8%
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/congo | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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. TradeMap (2020–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1989–1999, retrieved 2026-02-20)
  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.