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Economy of Angola vs Dominican Republic compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $124B for the Dominican Republic, ranking 71/197 and 63/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $73.1B (58.8% of GDP) in the Dominican Republic.

Angola vs Dominican Republic GDP by year

Angola
Dominican Republic
1x
Year GDP, current $
Angola Dominican Republic
2024 $100,998,916,781 $124,282,245,639
2023 $107,167,747,140 $120,456,239,154
2022 $131,212,208,930 $113,478,087,135
2021 $79,559,543,805 $94,850,719,517
2020 $58,852,456,454 $78,546,672,407
2019 $80,734,428,593 $89,146,130,745
2018 $89,512,794,227 $84,994,732,049
2017 $84,376,935,689 $79,070,274,743
2016 $59,878,249,719 $75,552,902,636
2015 $102,543,067,841 $70,966,782,572
2014 $153,449,860,496 $67,014,329,100
2013 $148,845,200,697 $62,555,417,415
2012 $143,572,907,528 $60,561,635,556
2011 $125,551,634,704 $57,948,261,616
2010 $95,546,919,755 $53,801,053,353
2009 $81,705,175,408 $48,223,781,477
2008 $98,790,432,989 $48,091,433,554
2007 $73,037,821,927 $43,965,458,509
2006 $58,653,659,980 $37,879,830,084
2005 $41,396,636,383 $35,777,560,684
2004 $26,997,977,897 $22,322,387,382
2003 $20,342,128,112 $21,403,167,848
2002 $17,311,512,432 $27,137,440,786
2001 $8,936,079,118 $25,601,823,688
2000 $9,129,594,970 $24,305,780,629
1999 $6,152,923,310 $22,136,579,397
1998 $6,506,221,616 $21,672,215,547
1997 $7,648,380,196 $20,017,450,041
1996 $7,526,421,519 $18,241,622,548
1995 $5,538,749,260 $16,637,370,839
1994 $4,438,321,017 $14,644,734,599
1993 $5,768,720,422 $13,081,042,400
1992 $8,307,810,974 $11,605,382,504
1991 $10,603,784,541 $9,824,483,340
1990 $11,229,515,599 $7,073,675,545
1989 $10,201,780,977 $6,686,593,060
1988 $8,769,836,769 $5,374,299,981
1987 $8,084,412,414 $5,827,050,753
1986 $7,072,536,109 $6,122,128,558
1985 $7,554,065,410 $5,044,579,979
1984 $6,131,475,065 $11,594,000,000
1983 $5,784,341,596 $9,220,600,000
1982 $5,550,483,036 $8,267,400,000
1981 $5,550,483,036 $7,561,300,000
1980 $5,930,503,401 $6,761,300,000
1979 - $5,498,800,000
1978 - $4,734,400,000
1977 - $4,587,100,000
1976 - $3,951,500,000
1975 - $3,599,200,000
1974 - $2,925,700,000
1973 - $2,344,800,000
1972 - $1,987,400,000
1971 - $1,666,500,000
1970 - $1,485,500,000
1969 - $1,230,500,000
1968 - $1,079,100,000
1967 - $1,034,800,000
1966 - $983,900,000
1965 - $888,100,000
1964 - $1,025,599,900
1963 - $940,799,900
1962 - $824,100,000
1961 - $654,100,200
1960 - $672,399,700

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

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

GDP per capita in Angola vs Dominican Republic by year

Angola
GDP per capita

GDP per capita, PPP
Dominican Republic
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Dominican Republic
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $10,876 $27,542
2023 $2,916 $9,754 $10,630 $25,840
2022 $3,682 $9,588 $10,104 $24,626
2021 $2,304 $8,862 $8,527 $22,053
2020 $1,759 $7,827 $7,135 $18,998
2019 $2,494 $8,573 $8,183 $19,767
2018 $2,860 $8,278 $7,883 $17,995
2017 $2,791 $8,007 $7,413 $16,846
2016 $2,052 $7,767 $7,160 $16,282
2015 $3,642 $8,067 $6,801 $14,804
2014 $5,650 $9,018 $6,496 $13,465
2013 $5,689 $8,504 $6,137 $12,414
2012 $5,702 $8,246 $6,014 $11,777
2011 $5,184 $7,538 $5,827 $11,695
2010 $4,102 $7,412 $5,479 $11,246
2009 $3,645 $7,228 $4,974 $10,382
2008 $4,578 $7,316 $5,024 $10,346
2007 $3,515 $6,728 $4,650 $9,951
2006 $2,930 $6,018 $4,055 $9,130
2005 $2,146 $5,416 $3,878 $8,215
2004 $1,451 $4,771 $2,452 $7,375
2003 $1,134 $4,322 $2,383 $7,098
2002 $999 $4,241 $3,066 $7,158
2001 $534 $3,802 $2,936 $6,848
2000 $564 $3,690 $2,831 $6,639
1999 $393 $3,619 $2,621 $6,305
1998 $429 $3,609 $2,608 $5,963
1997 $522 $3,525 $2,449 $5,618
1996 $531 $3,342 $2,271 $5,161
1995 $404 $2,990 $2,109 $4,871
1994 $335 $2,633 $1,892 $4,599
1993 $450 $2,628 $1,722 $4,474
1992 $669 $3,486 $1,558 $4,151
1991 $882 $3,740 $1,346 $3,722
1990 $966 $3,705 $989 $3,641
1989 $908 - $955 -
1988 $807 - $784 -
1987 $770 - $868 -
1986 $698 - $932 -
1985 $772 - $784 -
1984 $650 - $1,844 -
1983 $637 - $1,500 -
1982 $634 - $1,376 -
1981 $658 - $1,288 -
1980 $729 - $1,180 -
1979 - - $984 -
1978 - - $868 -
1977 - - $863 -
1976 - - $763 -
1975 - - $713 -
1974 - - $595 -
1973 - - $490 -
1972 - - $427 -
1971 - - $368 -
1970 - - $338 -
1969 - - $287.7 -
1968 - - $259.6 -
1967 - - $256.2 -
1966 - - $250.9 -
1965 - - $233.2 -
1964 - - $277.3 -
1963 - - $262.2 -
1962 - - $236.8 -
1961 - - $193.9 -
1960 - - $205.7 -

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

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

Angola's GDP per capita is $2,666, ranking 144/197, compared to $10,876 in the Dominican Republic, ranking 83/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while the Dominican Republic ranks 76th at $27,542.

Economic indicators

Angola Dominican Republic
Gross domestic product
$101B
2024
$124B
2024
GDP rank
71/197
2024
63/197
2024
GDP growth
4.42%
2023-2024
4.95%
2023-2024
GDP per capita
$2,666
2024
$10,876
2024
GDP per capita rank
144/197
2024
83/197
2024
GDP per capita, PPP
$10,119
2024
$27,542
2024
GDP per capita PPP rank
133/197
2024
76/197
2024
Government debt
$60.5B
2024
$73.1B
2024
Debt-to-GDP ratio
59.9%
2024
58.8%
2024
Government debt per person
$1,597
2024
$6,394
2024
Government debt per person rank
127/185
2024
71/185
2024
Average annual personal income after taxes
$28,080
2026
$6,547
2026
Income share by richest 10%
39.6%
2018
29.5%
2024
Income share by poorest 10%
1.3%
2018
2.3%
2024
Government expenditure, % of GDP
18.4%
2024
19.5%
2024
Consumer prices inflation
28.2%
2023-2024
3.3%
2023-2024
Central bank interest rate
18%
2023
5.5%
2025
Unemployment rate
14.1%
2022
5.31%
2024
Population
40555924
11637906

Spending and national debt comparison by year

Angola
Spending

Debt
Dominican Republic
Spending

Debt
1x
Year % of GDP
Angola Dominican Republic
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 19.5% 58.8%
2023 18.8% 72.4% 19.1% 60.5%
2022 19.5% 56.1% 18.5% 59.6%
2021 17.3% 74.3% 18.4% 62.8%
2020 20% 119.1% 22.2% 71.8%
2019 18.2% 101.4% 17.8% 53.5%
2018 18.3% 82.5% 16.5% 50.8%
2017 21% 60.5% 17.3% 49.5%
2016 19.4% 66.7% 17% 46.7%
2015 23.9% 50.4% 16.7% 44.8%
2014 32.3% 35.3% 17% 45%
2013 32.9% 29.5% 18.5% 46.8%
2012 33.2% 23.8% 19.8% 42.4%
2011 33.3% 26.3% 16% 39.1%
2010 34.6% 32.6% 16.1% 37.4%
2009 38.7% 48.4% 16.2% 36.8%
2008 47.2% 28.1% 18.5% 33.6%
2007 34.1% 18.8% 16.3% 32.9%
2006 27.3% 16.7% 17% 36%
2005 23.7% 29.9% 15.5% 38.3%
2004 26% 41.6% 17.3% 34.3%
2003 30.1% 50.8% 17.2% 48.2%
2002 27.6% 65.1% 16.5% 21.5%
2001 30.3% 100.2% 14.9% 20.4%
2000 35.8% 118.2% 14.1% 16.7%
1999 39.4% 104.8% 13.4% 16%
1998 26.1% 96.3% 12.6% 13.2%
1997 26.8% 73.5% 13.2% 13.8%
1996 25.2% 92% 11.4% 23%
1995 - - 11% 25.7%
1994 - - 12.1% 28.5%
1993 - - 13% 36.1%
1992 - - 10.4% 38.5%
1991 - - 8.65% 47.3%
1990 - - 9.1% 84.7%
1989 - - 11.3% 62.5%
1988 - - 12.8% 77%
1987 - - 11.2% 86.9%
1986 - - 10.4% 63.8%
1985 - - 9.8% 66.3%
1984 - - 9.32% 28.9%
1983 - - 10.2% 32.9%
1982 - - 10.2% 33.1%
1981 - - 12.1% 29.8%
1980 - - 12.8% 15.2%
1979 - - 13.8% 24%
1978 - - 12.3% 20.9%
1977 - - 11.4% 16.4%
1976 - - 12.5% 15.6%
1975 - - 13.7% 13.1%
1974 - - 14.6% 14.6%
1973 - - 13.7% 14.6%
1972 - - 14.1% 16.4%
1971 - - 13.8% 17.8%
1970 - - 13.3% 18%
1969 - - 15.5% 17.4%
1968 - - 15.5% 18.1%
1967 - - 15% 16.2%
1966 - - 15.2% 14.5%
1965 - - 12.8% -
1964 - - 16.7% -
1963 - - 15.1% -
1962 - - 15.7% -
1961 - - 20% -
1960 - - 20.1% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while the Dominican Republic spent $24.2B, or 19.5% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 58.8% in the Dominican Republic, ranking 78/185 and 83/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Dominican Republic
1x
Year Deficit/surplus, % of GDP
Angola Dominican Republic
2024 -1.01% -3.09%
2023 -1.83% -3.28%
2022 0.58% -3.25%
2021 3.4% -2.92%
2020 -1.66% -7.94%
2019 0.69% -3.46%
2018 2.03% -2.17%
2017 -5.75% -3.12%
2016 -3.98% -3.11%
2015 -2.57% -0.03%
2014 -5.07% -2.76%
2013 -0.27% -4.41%
2012 3.68% -6.26%
2011 7.2% -3.07%
2010 2.98% -2.97%
2009 -6.8% -2.9%
2008 -3.8% -3.43%
2007 3.85% 0.28%
2006 8.42% -1.69%
2005 6.4% -0.71%
2004 1.03% -3.6%
2003 -4.1% -4.24%
2002 -2.24% -2.28%
2001 2.8% -0.73%
2000 2.02% -0.86%
1999 -8.1% -0.79%
1998 -5.1% -0.29%
1997 -0.23% -0.64%
1996 4.49% 0.14%
1995 - 0.82%
1994 - -0.39%
1993 - -0.16%
1992 - 2.35%
1991 - 0.11%
1990 - 0.39%
1989 - -0.09%
1988 - -1.68%
1987 - -0.75%
1986 - -0.57%
1985 - -1.27%
1984 - -0.95%
1983 - -1.74%
1982 - -2.4%
1981 - -1.92%
1980 - -1.82%
1979 - -3.26%
1978 - -0.82%
1977 - 0.15%
1976 - -0.22%
1975 - 1.37%
1974 - -0.93%
1973 - -0.53%
1972 - -1.73%
1971 - -0.85%
1970 - -0.68%
1969 - -0.99%
1968 - -0.99%
1967 - -1.68%
1966 - -2.14%
1965 - -1.84%
1964 - -1.36%
1963 - -0.39%
1962 - -1.17%
1961 - -3%
1960 - -0.61%
1959 - -0.29%
1958 - -1.29%
1957 - 0.21%
1956 - -0.05%
1955 - 1.47%
1954 - 1.43%
1953 - 2.79%
1952 - 0%
1951 - -2.58%
1950 - -3.66%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

GeoRank.org/economy/angola/dominican-republic | 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 Dominican Republic's deficit of $3.84B, or 3.09% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while the Dominican Republic ran a deficit in 27 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to deficit of 2.54% of GDP for the Dominican Republic.

Inflation comparison by year

Inflation
Angola

Dominican Republic
1x
Year Consumer prices inflation
Angola Dominican Republic
2024 28.2% 3.3%
2023 13.6% 4.79%
2022 21.4% 8.81%
2021 25.8% 8.24%
2020 22.3% 3.78%
2019 17.1% 1.81%
2018 19.6% 3.56%
2017 29.8% 3.28%
2016 30.7% 1.61%
2015 9.2% 0.84%
2014 7.3% 3%
2013 8.8% 4.83%
2012 10.3% 3.69%
2011 13.5% 5.8%
2010 14.5% 6.33%
2009 13.7% 1.44%
2008 12.5% 10.6%
2007 12.2% 6.14%
2006 13.3% 7.57%
2005 23% 4.19%
2004 43.5% 51.5%
2003 98.2% 27.4%
2002 108.9% 5.22%
2001 152.6% 8.88%
2000 325% 7.72%
1999 248.2% 6.47%
1998 107.4% 4.83%
1997 221.5% 8.3%

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/dominican-republic | CC BY

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 7.64% in the Dominican Republic. In 2024, inflation was 28.2% in Angola and 3.3% in the Dominican Republic.

Top exports between countries

Angola
Export category Export value
Raw materials & minerals $5.47M
Wood & paper products $49K
Machinery & equipment $20K
Animal & marine products $2K
Textiles & consumer goods $2K
Raw agricultural goods $1K
Dominican Republic
Export category Export value
Chemicals & pharma $73K
Processed food, beverages & tobacco $38K
Textiles & consumer goods $15K

Balance of trade

Angola Dominican Republic
Current account balance
$6.31B
2024
-$4.17B
2024
Current account balance ranking
30/190
2024
163/190
2024
Current account balance, % of GDP
+6.25%
2024
-3.35%
2024
Goods imports
$14.2B
2024
$29.8B
2024
Goods exports
$36.8B
2024
$13.9B
2024
Service imports
$8.49B
2024
$6.34B
2024
Service exports
$129M
2024
$14.7B
2024
Imports of goods and services, % of GDP
19.4%
2024
29%
2024
Exports of goods and services, % of GDP
31.5%
2024
22.8%
2024

Economic freedom indices

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

Angola Dominican Republic
Economic freedom 54.4 63.8
Economic freedom ranking 133/197 77/197
Property rights 36.9 53.9
Government integrity 28.3 39.8
Judicial effectiveness 26.3 58
Tax burden 86.9 84.4
Government spending 89.3 89.1
Fiscal health 91.9 76.6
Business freedom 42.8 71.4
Labor freedom 50.8 53.2
Monetary freedom 59 72.1
Trade freedom 70.4 67.4
Investment freedom 30 60
Financial freedom 40 40

Economic freedom comparison by year

Angola
Dominican Republic
1x
Year Economic freedom index
Angola Dominican Republic
2026 54.4 63.8
2025 55 64.3
2024 54.3 62.9
2023 53 62.6
2022 52.6 63
2021 54.2 62.1
2020 52.2 60.9
2019 50.6 61
2018 48.6 61.6
2017 48.5 62.9
2016 48.9 61
2015 47.9 61
2014 47.7 61.3
2013 47.3 59.7
2012 46.7 60.2
2011 46.2 60
2010 48.4 60.3
2009 47 59.2
2008 46.9 57.7
2007 44.7 56.8
2006 43.5 56.3
2005 - 55.1
2004 - 54.6
2003 - 57.8
2002 - 58.6
2001 - 59.1
2000 24.3 59
1999 23.7 58.1
1998 24.9 58.1
1997 24.2 53.5
1996 24.4 58.1
1995 27.4 55.8

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 63.8 for the Dominican Republic, ranking 77/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Dominican Republic
Services, % of GDP
41.1%
2024
59.8%
2024
Industry, % of GDP
34.6%
2024
28.7%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
4.45%
2024
GNI, Atlas method
$108B
2024
$117B
2024
GNI per capita, PPP
$9,460
2024
$26,050
2024
Total reserves including gold
$14.2B
2024
$13.5B
2024
Total reserves ranking
69/177
2024
71/177
2024
Net foreign direct investment
$1.14B
2024
-$4.52B
2024
Net inflows of foreign direct investment
-$1.11B
2024
$4.48B
2024
Net outflows of foreign direct investment
$33.1M
2024
-$47.3M
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
5.62%
2024
Poverty at national poverty lines
36.6%
2020
19%
2024
Gross capital formation, % of GDP
10.4%
2024
27%
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/dominican-republic | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  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.