Skip to content

Economy of Angola vs Egypt compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $389B for Egypt, ranking 71/197 and 41/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $354B (90.9% of GDP) in Egypt.

Angola vs Egypt GDP by year

Angola
Egypt
1x
Year GDP, current $
Angola Egypt
2024 $100,998,916,781 $389,059,911,004
2023 $107,167,747,140 $395,926,075,163
2022 $131,212,208,930 $476,747,720,365
2021 $79,559,543,805 $424,671,765,456
2020 $58,852,456,454 $383,817,841,547
2019 $80,734,428,593 $318,678,815,490
2018 $89,512,794,227 $262,588,632,527
2017 $84,376,935,689 $248,362,771,739
2016 $59,878,249,719 $332,441,717,791
2015 $102,543,067,841 $329,366,576,819
2014 $153,449,860,496 $305,595,408,895
2013 $148,845,200,697 $288,434,108,527
2012 $143,572,907,528 $279,116,666,667
2011 $125,551,634,704 $235,989,672,978
2010 $95,546,919,755 $218,983,666,062
2009 $81,705,175,408 $189,147,005,445
2008 $98,790,432,989 $162,818,181,818
2007 $73,037,821,927 $130,437,828,371
2006 $58,653,659,980 $107,426,086,957
2005 $41,396,636,383 $89,660,339,660
2004 $26,997,977,897 $78,782,467,532
2003 $20,342,128,112 $80,288,461,538
2002 $17,311,512,432 $85,146,067,416
2001 $8,936,079,118 $96,684,636,119
2000 $9,129,594,970 $99,838,543,960
1999 $6,152,923,310 $90,710,704,807
1998 $6,506,221,616 $84,828,807,556
1997 $7,648,380,196 $78,436,578,171
1996 $7,526,421,519 $67,629,716,981
1995 $5,538,749,260 $60,159,245,060
1994 $4,438,321,017 $51,897,983,393
1993 $5,768,720,422 $46,578,631,453
1992 $8,307,810,974 $41,855,986,519
1991 $10,603,784,541 $37,387,836,491
1990 $11,229,515,599 $42,978,914,311
1989 $10,201,780,977 $39,756,299,050
1988 $8,769,836,769 $34,980,124,929
1987 $8,084,412,414 $40,455,616,654
1986 $7,072,536,109 $41,253,507,951
1985 $7,554,065,410 $39,053,502,251
1984 $6,131,475,065 $33,971,188,992
1983 $5,784,341,596 $30,966,239,814
1982 $5,550,483,036 $27,655,172,414
1981 $5,550,483,036 $22,136,081,081
1980 $5,930,503,401 $21,669,908,176
1979 - $18,020,571,429
1978 - $14,811,704,063
1977 - $14,400,806,876
1976 - $13,315,988,083
1975 - $11,632,178,869
1974 - $9,228,963,225
1973 - $10,098,534,613
1972 - $9,299,638,056
1971 - $8,609,283,346
1970 - $8,042,200,452
1969 - $6,524,455,206
1968 - $5,932,242,991
1967 - $5,605,484,299
1966 - $5,278,005,612
1965 - $4,948,667,540
1964 - $4,709,245,762
1963 - $4,187,146,232
1962 - $4,035,462,027
1961 - $4,494,575,611
1960 - $4,206,270,352

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

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

GDP per capita in Angola vs Egypt by year

Angola
GDP per capita

GDP per capita, PPP
Egypt
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Egypt
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $3,338 $19,094
2023 $2,916 $9,754 $3,457 $18,525
2022 $3,682 $9,588 $4,233 $17,527
2021 $2,304 $8,862 $3,827 $15,579
2020 $1,759 $7,827 $3,511 $15,232
2019 $2,494 $8,573 $2,963 $13,364
2018 $2,860 $8,278 $2,485 $12,329
2017 $2,791 $8,007 $2,395 $11,125
2016 $2,052 $7,767 $3,271 $10,666
2015 $3,642 $8,067 $3,307 $10,903
2014 $5,650 $9,018 $3,133 $10,256
2013 $5,689 $8,504 $3,026 $10,511
2012 $5,702 $8,246 $2,996 $10,342
2011 $5,184 $7,538 $2,591 $8,988
2010 $4,102 $7,412 $2,455 $8,838
2009 $3,645 $7,228 $2,162 $8,465
2008 $4,578 $7,316 $1,896 $8,191
2007 $3,515 $6,728 $1,548 $7,641
2006 $2,930 $6,018 $1,299 $7,079
2005 $2,146 $5,416 $1,106 $6,554
2004 $1,451 $4,771 $991 $6,207
2003 $1,134 $4,322 $1,031 $5,928
2002 $999 $4,241 $1,117 $5,753
2001 $534 $3,802 $1,295 $5,650
2000 $564 $3,690 $1,366 $5,452
1999 $393 $3,619 $1,268 $5,121
1998 $429 $3,609 $1,213 $4,869
1997 $522 $3,525 $1,146 $4,661
1996 $531 $3,342 $1,009 $4,434
1995 $404 $2,990 $916 $4,235
1994 $335 $2,633 $807 $4,048
1993 $450 $2,628 $740 $3,895
1992 $669 $3,486 $681 $3,784
1991 $882 $3,740 $623 $3,627
1990 $966 $3,705 $736 $3,566
1989 $908 - $701 -
1988 $807 - $634 -
1987 $770 - $754 -
1986 $698 - $790 -
1985 $772 - $770 -
1984 $650 - $690 -
1983 $637 - $648 -
1982 $634 - $596 -
1981 $658 - $490 -
1980 $729 - $493 -
1979 - - $421 -
1978 - - $355 -
1977 - - $353 -
1976 - - $335 -
1975 - - $299.2 -
1974 - - $243.1 -
1973 - - $272.2 -
1972 - - $256.5 -
1971 - - $243 -
1970 - - $232.3 -
1969 - - $193 -
1968 - - $179.8 -
1967 - - $174.1 -
1966 - - $168.1 -
1965 - - $161.6 -
1964 - - $157.7 -
1963 - - $143.9 -
1962 - - $142.4 -
1961 - - $162.8 -
1960 - - $156.4 -

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

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

Angola's GDP per capita is $2,666, ranking 144/197, compared to $3,338 in Egypt, ranking 138/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Egypt ranks 99th at $19,094.

Economic indicators

Angola Egypt
Gross domestic product
$101B
2024
$389B
2024
GDP rank
71/197
2024
41/197
2024
GDP growth
4.42%
2023-2024
2.4%
2023-2024
GDP per capita
$2,666
2024
$3,338
2024
GDP per capita rank
144/197
2024
138/197
2024
GDP per capita, PPP
$10,119
2024
$19,094
2024
GDP per capita PPP rank
133/197
2024
99/197
2024
Government debt
$60.5B
2024
$354B
2024
Debt-to-GDP ratio
59.9%
2024
90.9%
2024
Government debt per person
$1,597
2024
$3,036
2024
Government debt per person rank
127/185
2024
99/185
2024
Average annual personal income after taxes
$28,080
2026
$1,948
2026
Market capitalization of domestic companies n/a
$42.6B
2024
Number of billionaires n/a
5
2025
Income share by richest 10%
39.6%
2018
24.6%
2021
Income share by poorest 10%
1.3%
2018
4.2%
2021
Government expenditure, % of GDP
18.4%
2024
22.9%
2024
Consumer prices inflation
28.2%
2023-2024
28.3%
2023-2024
Central bank interest rate
18%
2023
21%
2025
Unemployment rate
14.1%
2022
5.95%
2024
Population
40555924
120697176

Spending and national debt comparison by year

Angola
Spending

Debt
Egypt
Spending

Debt
1x
Year % of GDP
Angola Egypt
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 22.9% 90.9%
2023 18.8% 72.4% 22.7% 95.9%
2022 19.5% 56.1% 24.9% 88.5%
2021 17.3% 74.3% 25.5% 89.9%
2020 20% 119.1% 25.7% 86.2%
2019 18.2% 101.4% 26.9% 80.1%
2018 18.3% 82.5% 28.6% 87.9%
2017 21% 60.5% 30.6% 97.8%
2016 19.4% 66.7% 31% 91.6%
2015 23.9% 50.4% 31.3% 83.8%
2014 32.3% 35.3% 33.9% 80.9%
2013 32.9% 29.5% 32.9% 79.8%
2012 33.2% 23.8% 29.2% 69.9%
2011 33.3% 26.3% 30.5% 72.8%
2010 34.6% 32.6% 31.4% 69.6%
2009 38.7% 48.4% 32.5% 69.5%
2008 47.2% 28.1% 32.7% 66.8%
2007 34.1% 18.8% 31.3% 76.3%
2006 27.3% 16.7% 34.5% 85.9%
2005 23.7% 29.9% 30.3% 98.3%
2004 26% 41.6% 30.1% 96.5%
2003 30.1% 50.8% 30.6% 97.1%
2002 27.6% 65.1% 30.9% 85.8%
2001 30.3% 100.2% 27.9% 79.1%
2000 35.8% 118.2% 26% 71.7%
1999 39.4% 104.8% 26.3% 72.4%
1998 26.1% 96.3% - 73.8%
1997 26.8% 73.5% - -
1996 25.2% 92% - -

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

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

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while Egypt spent $89.2B, or 22.9% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 90.9% in Egypt, ranking 78/185 and 31/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Egypt
1x
Year Deficit/surplus, % of GDP
Angola Egypt
2024 -1.01% -7.12%
2023 -1.83% -5.77%
2022 0.58% -5.74%
2021 3.4% -6.96%
2020 -1.66% -7.47%
2019 0.69% -7.6%
2018 2.03% -8.97%
2017 -5.75% -9.9%
2016 -3.98% -11.8%
2015 -2.57% -10.4%
2014 -5.07% -10.7%
2013 -0.27% -12.3%
2012 3.68% -9.47%
2011 7.2% -9.6%
2010 2.98% -7.45%
2009 -6.8% -6.2%
2008 -3.8% -6.05%
2007 3.85% -4.9%
2006 8.42% -7.35%
2005 6.4% -6.69%
2004 1.03% -5.76%
2003 -4.1% -5.73%
2002 -2.24% -6.77%
2001 2.8% -1.07%
2000 2.02% 1.32%
1999 -8.1% 2.14%
1998 -5.1% -
1997 -0.23% -
1996 4.49% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20).

GeoRank.org/economy/angola/egypt | 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 Egypt's deficit of $27.7B, or 7.12% of GDP.

Over the past 26 years, Angola recorded a fiscal deficit in 13 of those years, while Egypt ran a deficit in 24 years. On average, Angola posted an annual deficit equal to 0.08% of GDP, compared to deficit of 6.86% of GDP for Egypt.

Inflation comparison by year

Inflation
Angola

Egypt
1x
Year Consumer prices inflation
Angola Egypt
2024 28.2% 28.3%
2023 13.6% 33.9%
2022 21.4% 13.9%
2021 25.8% 5.21%
2020 22.3% 5.04%
2019 17.1% 9.15%
2018 19.6% 14.4%
2017 29.8% 29.5%
2016 30.7% 13.8%
2015 9.2% 10.4%
2014 7.3% 10.1%
2013 8.8% 9.47%
2012 10.3% 7.11%
2011 13.5% 10.1%
2010 14.5% 11.3%
2009 13.7% 11.8%
2008 12.5% 18.3%
2007 12.2% 9.32%
2006 13.3% 7.64%
2005 23% 4.87%
2004 43.5% 11.3%
2003 98.2% 4.51%
2002 108.9% 2.74%
2001 152.6% 2.27%
2000 325% 2.68%
1999 248.2% 3.08%
1998 107.4% 3.87%
1997 221.5% 4.63%

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/egypt | CC BY

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 10.7% in Egypt. In 2024, inflation was 28.2% in Angola and 28.3% in Egypt.

Top exports between countries

Angola
Export category Export value
Machinery & equipment $15.5M
Metals $2.2M
Textiles & consumer goods $37K
Wood & paper products $30K
Processed food, beverages & tobacco $11K
Raw materials & minerals $10K
Animal & marine products $6K
Miscellaneous $3K
Chemicals & pharma $1K
Egypt
Export category Export value
Chemicals & pharma $10.6M
Raw materials & minerals $7.98M
Machinery & equipment $7.05M
Metals $3.69M
Processed food, beverages & tobacco $1.69M
Textiles & consumer goods $1.6M
Raw agricultural goods $1.48M
Wood & paper products $405K
Animal & marine products $173K
Miscellaneous $143K

Balance of trade

Angola Egypt
Current account balance
$6.31B
2024
-$22.3B
2024
Current account balance ranking
30/190
2024
184/190
2024
Current account balance, % of GDP
+6.25%
2024
-5.72%
2024
Goods imports
$14.2B
2024
$72.9B
2024
Goods exports
$36.8B
2024
$34.8B
2024
Service imports
$8.49B
2024
$27.5B
2024
Service exports
$129M
2024
$29.6B
2024
Imports of goods and services, % of GDP
19.4%
2024
23.2%
2024
Exports of goods and services, % of GDP
31.5%
2024
16.4%
2024

Economic freedom indices

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

Angola Egypt
Economic freedom 54.4 50.3
Economic freedom ranking 133/197 160/197
Property rights 36.9 35.5
Government integrity 28.3 27.1
Judicial effectiveness 26.3 24
Tax burden 86.9 85.7
Government spending 89.3 83.4
Fiscal health 91.9 21.8
Business freedom 42.8 51.4
Labor freedom 50.8 43.1
Monetary freedom 59 56
Trade freedom 70.4 60.2
Investment freedom 30 65
Financial freedom 40 50

Economic freedom comparison by year

Angola
Egypt
1x
Year Economic freedom index
Angola Egypt
2026 54.4 50.3
2025 55 50.9
2024 54.3 49.7
2023 53 49.6
2022 52.6 49.1
2021 54.2 55.7
2020 52.2 54
2019 50.6 52.5
2018 48.6 53.4
2017 48.5 52.6
2016 48.9 56
2015 47.9 55.2
2014 47.7 52.9
2013 47.3 54.8
2012 46.7 57.9
2011 46.2 59.1
2010 48.4 59
2009 47 58
2008 46.9 58.5
2007 44.7 54.4
2006 43.5 53.2
2005 - 55.8
2004 - 55.5
2003 - 55.3
2002 - 54.1
2001 - 51.5
2000 24.3 51.7
1999 23.7 58
1998 24.9 55.8
1997 24.2 54.5
1996 24.4 52
1995 27.4 45.7

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 50.3 for Egypt, ranking 160/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Egypt
Services, % of GDP
41.1%
2024
48.9%
2024
Industry, % of GDP
34.6%
2024
32.6%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
13.7%
2024
GNI, Atlas method
$108B
2024
$409B
2024
GNI per capita, PPP
$9,460
2024
$18,230
2024
Total reserves including gold
$14.2B
2024
$44.9B
2024
Total reserves ranking
69/177
2024
44/177
2024
Net foreign direct investment
$1.14B
2024
-$46.1B
2024
Net inflows of foreign direct investment
-$1.11B
2024
$46.6B
2024
Net outflows of foreign direct investment
$33.1M
2024
$508M
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
8.86%
2024
Poverty at national poverty lines
36.6%
2020
33.5%
2021
Gross capital formation, % of GDP
10.4%
2024
13%
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/egypt | 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 (1996–2024, 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 (2021–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, 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.