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Economy of Angola vs Czech Republic compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $391B for the Czech Republic, ranking 68/197 and 42/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $174B (44.6% of GDP) in the Czech Republic.

Angola vs Czech Republic GDP by year

Angola
Czech Republic
1x
Year GDP, current $
Angola Czech Republic
2025 $122,174,889,424 $391,026,962,800
2024 $103,080,538,044 $347,082,562,221
2023 $106,042,349,567 $345,059,295,660
2022 $128,233,959,333 $301,831,228,326
2021 $78,283,923,544 $290,972,714,482
2020 $58,512,033,806 $251,109,660,603
2019 $81,193,813,808 $256,794,209,029
2018 $90,506,061,877 $251,992,360,762
2017 $85,629,598,654 $221,563,575,696
2016 $60,770,049,747 $198,160,659,304
2015 $102,543,067,841 $189,107,698,562
2014 $153,449,860,496 $210,911,285,078
2013 $148,845,200,696 $213,024,360,541
2012 $143,572,907,528 $210,363,223,088
2011 $125,551,634,705 $231,429,378,717
2010 $95,546,919,754 $211,168,667,286
2009 $81,705,175,409 $206,971,882,705
2008 $98,790,432,989 $236,506,264,754
2007 $73,037,821,926 $190,040,702,287
2006 $58,653,659,980 $156,236,258,387
2005 $41,396,636,384 $137,264,185,596
2004 $26,997,977,896 $120,147,899,984
2003 $20,342,128,112 $100,435,924,705
2002 $17,311,512,433 $82,607,869,610
2001 $8,936,079,118 $68,135,304,464
2000 $9,129,594,970 $62,175,642,238
1999 $6,152,923,310 $65,586,562,605
1998 $6,506,221,616 $67,187,217,328
1997 $7,648,380,196 $62,539,765,163
1996 $7,526,421,519 $67,804,105,330
1995 $5,538,749,260 $60,572,381,311
1994 $4,438,321,017 $48,188,478,339
1993 $5,768,720,422 $41,155,654,032
1992 $8,307,810,974 $35,051,065,440
1991 $10,603,784,541 $30,071,014,282
1990 $11,229,515,599 $41,016,881,802
1989 $10,201,780,977 -
1988 $8,769,836,769 -
1987 $8,084,412,414 -
1986 $7,072,536,109 -
1985 $7,554,065,410 -
1984 $6,131,475,065 -
1983 $5,784,341,596 -
1982 $5,550,483,036 -
1981 $5,550,483,036 -
1980 $5,930,503,401 -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

GeoRank.org/economy/angola/czech-republic | CC BY

GDP per capita in Angola vs Czech Republic by year

Angola
GDP per capita

GDP per capita, PPP
Czech Republic
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Czech Republic
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $35,917 -
2024 $2,721 $10,119 $31,828 $57,285
2023 $2,886 $9,754 $31,762 $55,761
2022 $3,599 $9,588 $28,282 $52,947
2021 $2,267 $8,862 $27,696 $47,796
2020 $1,749 $7,827 $23,473 $44,839
2019 $2,508 $8,573 $24,063 $45,614
2018 $2,892 $8,278 $23,706 $41,638
2017 $2,832 $8,007 $20,913 $39,346
2016 $2,082 $7,767 $18,754 $36,445
2015 $3,642 $8,067 $17,932 $34,093
2014 $5,650 $9,018 $20,038 $32,743
2013 $5,689 $8,504 $20,260 $31,013
2012 $5,702 $8,246 $20,014 $29,466
2011 $5,184 $7,538 $22,049 $29,237
2010 $4,102 $7,412 $20,160 $28,154
2009 $3,645 $7,228 $19,817 $27,713
2008 $4,578 $7,316 $22,775 $27,938
2007 $3,515 $6,728 $18,453 $26,268
2006 $2,930 $6,018 $15,259 $23,914
2005 $2,146 $5,416 $13,442 $22,115
2004 $1,451 $4,771 $11,783 $20,988
2003 $1,134 $4,322 $9,852 $19,604
2002 $999 $4,241 $8,101 $18,344
2001 $534 $3,802 $6,669 $17,709
2000 $564 $3,690 $6,063 $16,332
1999 $393 $3,619 $6,378 $15,494
1998 $429 $3,609 $6,527 $15,064
1997 $522 $3,525 $6,069 $14,911
1996 $531 $3,342 $6,573 $14,781
1995 $404 $2,990 $5,865 $13,957
1994 $335 $2,633 $4,663 $12,862
1993 $450 $2,628 $3,984 $12,242
1992 $669 $3,486 $3,397 $11,963
1991 $882 $3,740 $2,917 $11,768
1990 $966 $3,705 $3,969 $12,848
1989 $908 - - -
1988 $807 - - -
1987 $770 - - -
1986 $698 - - -
1985 $772 - - -
1984 $650 - - -
1983 $637 - - -
1982 $634 - - -
1981 $658 - - -
1980 $729 - - -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

GeoRank.org/economy/angola/czech-republic | CC BY

Angola's GDP per capita is $3,129, ranking 142/197, compared to $35,917 in the Czech Republic, ranking 35/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while the Czech Republic ranks 35th at $57,285.

Economic indicators

Angola Czech Republic
Gross domestic product
$122B
2025
$391B
2025
GDP rank
68/197
2025
42/197
2025
GDP growth
3.13%
2024-2025
2.58%
2024-2025
GDP per capita
$3,129
2025
$35,917
2025
GDP per capita rank
142/197
2025
35/197
2025
GDP per capita, PPP
$10,119
2024
$57,285
2024
GDP per capita PPP rank
133/197
2024
35/197
2024
Government debt
$62.7B
2025
$174B
2025
Debt-to-GDP ratio
51.3%
2025
44.6%
2025
Government debt per person
$1,606
2025
$16,026
2025
Government debt per person rank
127/185
2025
42/185
2025
Average annual personal income after taxes
$2,550
2026
$22,312
2026
Market capitalization of domestic companies n/a
$55.4B
2025
Number of billionaires n/a
11
2026
Income share by richest 10%
39.6%
2018
21.5%
2023
Income share by poorest 10%
1.3%
2018
3.8%
2023
Government expenditure, % of GDP
18.9%
2025
43.5%
2025
Consumer prices inflation
20.2%
2024-2025
2.46%
2024-2025
Central bank interest rate
17.5%
2026
3.5%
2025
Unemployment rate
10.4%
2025
2.8%
2025
Population
40839390
10742283

Spending and national debt comparison by year

Angola
Spending

Debt
Czech Republic
Spending

Debt
1x
Year % of GDP
Angola Czech Republic
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 43.5% 44.6%
2024 19% 57.1% 42.9% 43.3%
2023 23.3% 75.7% 43.7% 42.2%
2022 24.8% 57.4% 43% 42.5%
2021 22.8% 75.5% 45% 40.7%
2020 24.4% 119.8% 46.3% 36.9%
2019 20.9% 100.8% 40.4% 29.6%
2018 17.8% 81.6% 40.1% 31.7%
2017 20.7% 59.6% 38.5% 33.8%
2016 19.1% 65.7% 39.4% 36.2%
2015 23.9% 50.4% 41.7% 39.5%
2014 32.3% 35.3% 42.3% 41.5%
2013 32.9% 29.5% 42.4% 44.1%
2012 33.2% 23.8% 44.4% 43.8%
2011 33.3% 26.3% 42.8% 39.4%
2010 34.6% 32.6% 43.2% 36.7%
2009 38.7% 48.4% 44.5% 33.4%
2008 47.2% 28.1% 40.9% 28.2%
2007 34.1% 18.8% 40.5% 27.3%
2006 27.3% 16.7% 41.5% 27.6%
2005 23.7% 29.9% 42.3% 27.7%
2004 26% 41.6% 42.2% 28.3%
2003 30.1% 50.8% 49% 28.1%
2002 27.6% 65.1% 44.4% 25.7%
2001 30.3% 100.2% 43.1% 22.6%
2000 35.8% 118.2% 40.6% 16.9%
1999 45.7% 104.8% 40.9% 15.1%
1998 30.3% 96.3% 41.6% 13.9%
1997 31.1% 73.5% 41.3% 12.1%
1996 29.3% 92% 41.4% 11.5%
1995 - - 52.8% 13.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-07-08).

GeoRank.org/economy/angola/czech-republic | CC BY

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while the Czech Republic spent $170B, or 43.5% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 44.6% in the Czech Republic, ranking 103/185 and 119/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Czech Republic
1x
Year Deficit/surplus, % of GDP
Angola Czech Republic
2025 -4.07% -2.03%
2024 -1.19% -2.03%
2023 -2.49% -3.73%
2022 1.78% -3.07%
2021 1.35% -4.95%
2020 -3.05% -5.65%
2019 -0.2% 0.28%
2018 2% 0.88%
2017 -5.68% 1.46%
2016 -3.93% 0.68%
2015 -2.58% -0.67%
2014 -5.08% -2.09%
2013 -0.28% -1.3%
2012 3.67% -3.92%
2011 7.17% -2.71%
2010 2.96% -4.14%
2009 -6.83% -5.46%
2008 -3.82% -2%
2007 3.81% -0.68%
2006 8.42% -2.19%
2005 6.4% -3.06%
2004 1.03% -2.4%
2003 -4.1% -6.87%
2002 -2.24% -6.34%
2001 2.8% -5.76%
2000 2.02% -3.55%
1999 -9.4% -3.08%
1998 -5.92% -4.14%
1997 -0.27% -3.14%
1996 5.22% -2.98%
1995 - -12.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/angola/czech-republic | 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 the Czech Republic's deficit of $7.92B, or 2.03% of GDP.

Over the past 30 years, Angola recorded a fiscal deficit in 17 of those years, while the Czech Republic ran a deficit in 26 years. On average, Angola posted an annual deficit equal to 0.42% of GDP, compared to deficit of 2.82% of GDP for the Czech Republic.

Inflation comparison by year

Inflation
Angola

Czech Republic
1x
Year Consumer prices inflation
Angola Czech Republic
2025 20.2% 2.46%
2024 28.2% 2.44%
2023 13.6% 10.7%
2022 21.4% 15.1%
2021 25.8% 3.84%
2020 22.3% 3.16%
2019 17.1% 2.85%
2018 19.6% 2.15%
2017 29.8% 2.45%
2016 30.7% 0.68%
2015 9.2% 0.31%
2014 7.3% 0.34%
2013 8.8% 1.44%
2012 10.3% 3.29%
2011 13.5% 1.92%
2010 14.5% 1.47%
2009 13.7% 1.02%
2008 12.5% 6.36%
2007 12.2% 2.85%
2006 13.3% 2.53%
2005 23% 1.86%
2004 43.5% 2.76%
2003 98.2% 0.12%
2002 108.9% 1.9%
2001 152.6% 4.66%
2000 325% 3.78%
1999 248.2% 2.14%
1998 107.4% 10.7%
1997 221.5% 8.6%

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/czech-republic | CC BY

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 3.58% in the Czech Republic. In 2025, inflation was 20.2% in Angola and 2.46% in the Czech Republic.

Top exports between countries

Angola
Export category Export value
Machinery & equipment $14.3M
Chemicals & pharma $3K
Raw materials & minerals $3K
Metals $2K
Raw agricultural goods $2K
Textiles & consumer goods $1K
Czech Republic
Export category Export value
Machinery & equipment $16.8M
Metals $3.22M
Textiles & consumer goods $2.15M
Chemicals & pharma $898K
Wood & paper products $377K
Animal & marine products $207K
Raw materials & minerals $201K
Raw agricultural goods $133K
Weapons & explosives $75K
Processed food, beverages & tobacco $52K

Balance of trade

Angola Czech Republic
Current account balance
$536M
2025
$2.44B
2025
Current account balance ranking
57/190
2025
41/190
2025
Current account balance, % of GDP
+0.44%
2025
+0.62%
2025
Goods imports
$15.5B
2025
$197B
2025
Goods exports
$30.6B
2025
$215B
2025
Service imports
$8.51B
2025
$42.9B
2025
Service exports
$118M
2025
$47.5B
2025
Imports of goods and services, % of GDP
11.7%
2025
61.1%
2025
Exports of goods and services, % of GDP
23%
2025
66.9%
2025

Economic freedom indices

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

Angola Czech Republic
Economic freedom 54.4 73.2
Economic freedom ranking 133/197 25/197
Property rights 36.9 89.8
Government integrity 28.3 64.7
Judicial effectiveness 26.3 92.1
Tax burden 86.9 78.8
Government spending 89.3 44.2
Fiscal health 91.9 82.5
Business freedom 42.8 76.8
Labor freedom 50.8 55.1
Monetary freedom 59 75
Trade freedom 70.4 79.4
Investment freedom 30 70
Financial freedom 40 70

Economic freedom comparison by year

Angola
Czech Republic
1x
Year Economic freedom index
Angola Czech Republic
2026 54.4 73.2
2025 55 72.9
2024 54.3 70.2
2023 53 71.9
2022 52.6 74.4
2021 54.2 73.8
2020 52.2 74.8
2019 50.6 73.7
2018 48.6 74.2
2017 48.5 73.3
2016 48.9 73.2
2015 47.9 72.5
2014 47.7 72.2
2013 47.3 70.9
2012 46.7 69.9
2011 46.2 70.4
2010 48.4 69.8
2009 47 69.4
2008 46.9 68.1
2007 44.7 67.4
2006 43.5 66.4
2005 - 64.6
2004 - 67
2003 - 67.5
2002 - 66.5
2001 - 70.2
2000 24.3 68.6
1999 23.7 69.7
1998 24.9 68.4
1997 24.2 68.8
1996 24.4 68.1
1995 27.4 67.8

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

GeoRank.org/economy/angola/czech-republic | CC BY

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 73.2 for the Czech Republic, ranking 25/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Czech Republic
Services, % of GDP
46.8%
2025
60.8%
2025
Industry, % of GDP
27.1%
2025
28.7%
2025
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
1.95%
2025
GNI, Atlas method
$112B
2025
$359B
2025
GNI per capita, PPP
$9,840
2025
$57,870
2025
Total reserves including gold
$13.5B
2025
$176B
2025
Total reserves ranking
75/177
2025
21/177
2025
Net foreign direct investment
-$1.02B
2025
-$1.88B
2025
Net inflows of foreign direct investment
-$1.11B
2024
$13.5B
2024
Net outflows of foreign direct investment
$33.1M
2024
$12.9B
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
n/a
Poverty at national poverty lines
36.6%
2020
10.2%
2021
Gross capital formation, % of GDP
10.6%
2024
26.8%
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/czech-republic | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, 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.