Skip to content

Economy of Angola vs Finland compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $299B for Finland, ranking 71/197 and 47/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $245B (82.1% of GDP) in Finland.

Angola vs Finland GDP by year

Angola
Finland
1x
Year GDP, current $
Angola Finland
2024 $100,998,916,781 $298,696,961,298
2023 $107,167,747,140 $295,021,982,463
2022 $131,212,208,930 $280,253,099,309
2021 $79,559,543,805 $294,223,210,496
2020 $58,852,456,454 $270,000,311,606
2019 $80,734,428,593 $267,014,821,129
2018 $89,512,794,227 $273,869,255,596
2017 $84,376,935,689 $253,846,138,440
2016 $59,878,249,719 $238,777,818,793
2015 $102,543,067,841 $233,210,733,506
2014 $153,449,860,496 $273,478,528,955
2013 $148,845,200,697 $270,268,036,626
2012 $143,572,907,528 $257,443,384,493
2011 $125,551,634,704 $275,126,915,516
2010 $95,546,919,755 $249,429,613,683
2009 $81,705,175,408 $253,480,783,439
2008 $98,790,432,989 $285,698,662,071
2007 $73,037,821,927 $256,360,251,538
2006 $58,653,659,980 $217,044,068,234
2005 $41,396,636,383 $204,859,368,791
2004 $26,997,977,897 $197,458,297,640
2003 $20,342,128,112 $171,612,867,736
2002 $17,311,512,432 $140,360,963,812
2001 $8,936,079,118 $129,519,672,869
2000 $9,129,594,970 $125,967,821,111
1999 $6,152,923,310 $135,234,241,918
1998 $6,506,221,616 $133,990,876,725
1997 $7,648,380,196 $126,862,902,302
1996 $7,526,421,519 $131,991,975,149
1995 $5,538,749,260 $134,060,457,516
1994 $4,438,321,017 $103,182,697,780
1993 $5,768,720,422 $89,112,105,756
1992 $8,307,810,974 $112,537,828,511
1991 $10,603,784,541 $127,794,441,994
1990 $11,229,515,599 $141,446,120,355
1989 $10,201,780,977 $118,991,270,611
1988 $8,769,836,769 $109,039,090,263
1987 $8,084,412,414 $91,564,993,913
1986 $7,072,536,109 $73,511,611,541
1985 $7,554,065,410 $55,856,676,899
1984 $6,131,475,065 $52,870,993,273
1983 $5,784,341,596 $50,956,447,481
1982 $5,550,483,036 $52,784,013,815
1981 $5,550,483,036 $52,440,066,134
1980 $5,930,503,401 $53,649,984,061
1979 - $44,469,218,440
1978 - $36,259,392,058
1977 - $33,502,784,418
1976 - $31,852,352,670
1975 - $29,475,251,333
1974 - $24,851,036,710
1973 - $19,474,098,335
1972 - $14,744,499,570
1971 - $12,528,522,307
1970 - $11,358,529,162
1969 - $10,177,524,839
1968 - $8,916,565,041
1967 - $9,468,272,357
1966 - $9,306,142,172
1965 - $8,680,393,839
1964 - $7,848,987,793
1963 - $6,958,916,548
1962 - $6,407,796,043
1961 - $5,984,433,774
1960 - $5,279,481,824

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

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

GDP per capita in Angola vs Finland by year

Angola
GDP per capita

GDP per capita, PPP
Finland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Finland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $53,150 $65,378
2023 $2,916 $9,754 $52,834 $63,415
2022 $3,682 $9,588 $50,441 $62,133
2021 $2,304 $8,862 $53,099 $56,790
2020 $1,759 $7,827 $48,829 $53,297
2019 $2,494 $8,573 $48,358 $52,276
2018 $2,860 $8,278 $49,654 $49,249
2017 $2,791 $8,007 $46,085 $47,235
2016 $2,052 $7,767 $43,451 $44,562
2015 $3,642 $8,067 $42,560 $42,258
2014 $5,650 $9,018 $50,074 $41,547
2013 $5,689 $8,504 $49,691 $41,326
2012 $5,702 $8,246 $47,552 $40,739
2011 $5,184 $7,538 $51,060 $40,846
2010 $4,102 $7,412 $46,506 $38,946
2009 $3,645 $7,228 $47,478 $37,988
2008 $4,578 $7,316 $53,769 $40,081
2007 $3,515 $6,728 $48,473 $37,843
2006 $2,930 $6,018 $41,214 $34,440
2005 $2,146 $5,416 $39,050 $32,048
2004 $1,451 $4,771 $37,768 $31,195
2003 $1,134 $4,322 $32,920 $29,043
2002 $999 $4,241 $26,989 $28,596
2001 $534 $3,802 $24,965 $27,798
2000 $564 $3,690 $24,336 $26,783
1999 $393 $3,619 $26,180 $24,762
1998 $429 $3,609 $26,000 $23,570
1997 $522 $3,525 $24,682 $21,787
1996 $531 $3,342 $25,757 $20,067
1995 $404 $2,990 $26,246 $19,568
1994 $335 $2,633 $20,278 $18,458
1993 $450 $2,628 $17,589 $17,458
1992 $669 $3,486 $22,320 $17,271
1991 $882 $3,740 $25,489 $17,563
1990 $966 $3,705 $28,366 $18,149
1989 $908 - $23,969 -
1988 $807 - $22,044 -
1987 $770 - $18,565 -
1986 $698 - $14,947 -
1985 $772 - $11,394 -
1984 $650 - $10,830 -
1983 $637 - $10,494 -
1982 $634 - $10,935 -
1981 $658 - $10,925 -
1980 $729 - $11,225 -
1979 - - $9,333 -
1978 - - $7,629 -
1977 - - $7,070 -
1976 - - $6,740 -
1975 - - $6,256 -
1974 - - $5,298 -
1973 - - $4,174 -
1972 - - $3,178 -
1971 - - $2,716 -
1970 - - $2,466 -
1969 - - $2,201 -
1968 - - $1,927 -
1967 - - $2,056 -
1966 - - $2,032 -
1965 - - $1,902 -
1964 - - $1,726 -
1963 - - $1,538 -
1962 - - $1,427 -
1961 - - $1,341 -
1960 - - $1,192 -

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

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

Angola's GDP per capita is $2,666, ranking 144/197, compared to $53,150 in Finland, ranking 23/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Finland ranks 27th at $65,378.

Economic indicators

Angola Finland
Gross domestic product
$101B
2024
$299B
2024
GDP rank
71/197
2024
47/197
2024
GDP growth
4.42%
2023-2024
0.42%
2023-2024
GDP per capita
$2,666
2024
$53,150
2024
GDP per capita rank
144/197
2024
23/197
2024
GDP per capita, PPP
$10,119
2024
$65,378
2024
GDP per capita PPP rank
133/197
2024
27/197
2024
Government debt
$60.5B
2024
$245B
2024
Debt-to-GDP ratio
59.9%
2024
82.1%
2024
Government debt per person
$1,597
2024
$43,662
2024
Government debt per person rank
127/185
2024
12/185
2024
Average annual personal income after taxes
$28,080
2026
$36,394
2026
Market capitalization of domestic companies n/a
$20.3B
2004
Number of billionaires n/a
7
2025
Income share by richest 10%
39.6%
2018
22.5%
2023
Income share by poorest 10%
1.3%
2018
3.7%
2023
Government expenditure, % of GDP
18.4%
2024
57.7%
2024
Consumer prices inflation
28.2%
2023-2024
1.57%
2023-2024
Central bank interest rate
18%
2023
n/a
Unemployment rate
14.1%
2022
8.34%
2024
Population
40555924
5631965

Spending and national debt comparison by year

Angola
Spending

Debt
Finland
Spending

Debt
1x
Year % of GDP
Angola Finland
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 57.7% 82.1%
2023 18.8% 72.4% 55.9% 77.5%
2022 19.5% 56.1% 52.6% 74%
2021 17.3% 74.3% 55.2% 73.2%
2020 20% 119.1% 56.5% 75.3%
2019 18.2% 101.4% 52.6% 65.3%
2018 18.3% 82.5% 52.7% 65.3%
2017 21% 60.5% 52.8% 66.6%
2016 19.4% 66.7% 55.1% 68.6%
2015 23.9% 50.4% 55.7% 68.8%
2014 32.3% 35.3% 57.6% 64.8%
2013 32.9% 29.5% 57.1% 60.8%
2012 33.2% 23.8% 55.7% 57.9%
2011 33.3% 26.3% 53.8% 52%
2010 34.6% 32.6% 54% 50.1%
2009 38.7% 48.4% 54.1% 41.5%
2008 47.2% 28.1% 47.9% 32.6%
2007 34.1% 18.8% 46.7% 33.9%
2006 27.3% 16.7% 48.3% 38%
2005 23.7% 29.9% 49.2% 39.9%
2004 26% 41.6% 48.2% 42.6%
2003 30.1% 50.8% 48.3% 42.7%
2002 27.6% 65.1% 47.5% 40.1%
2001 30.3% 100.2% 46.2% 40.9%
2000 35.8% 118.2% 46.9% 42.4%
1999 39.4% 104.8% 49.9% 44%
1998 26.1% 96.3% 51.3% 46.8%
1997 26.8% 73.5% 54.9% 52.2%
1996 25.2% 92% 58.5% 55.4%
1995 - - 60% 55.2%
1994 - - 62.2% 56.2%
1993 - - 63.7% 54.2%
1992 - - 60.8% 39.3%
1991 - - 55.8% 21.9%
1990 - - 47.1% 13.9%
1989 - - 44.4% 14.3%
1988 - - 46.4% 16.5%
1987 - - 47.8% 17.6%
1986 - - 46.9% 16.4%
1985 - - 46.3% 15.8%
1984 - - 44.4% 15.2%
1983 - - 44.4% 15.4%
1982 - - 42.7% 13.9%
1981 - - 41% 11.5%
1980 - - 40.1% 10.9%
1979 - - 40.3% 11%
1978 - - 41.3% 10.7%
1977 - - 41.7% 8.22%
1976 - - 39.8% 7.09%
1975 - - 38.6% 6.76%
1974 - - 22.9% 2.97%
1973 - - 21.8% 4.42%
1972 - - 20.4% 6.46%
1971 - - 22.8% 7.94%
1970 - - 21.9% 9.19%
1969 - - 22.2% 10.8%
1968 - - 25.5% 13.9%
1967 - - 23.5% 14.2%
1966 - - 23.3% 13.7%
1965 - - 23.2% 13%
1964 - - 22.8% 12.5%
1963 - - 21.6% 12.2%
1962 - - 23.9% 10.3%
1961 - - 22.7% 9.12%
1960 - - 22.5% 9.96%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while Finland spent $172B, or 57.7% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 82.1% in Finland, ranking 78/185 and 42/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Finland
1x
Year Deficit/surplus, % of GDP
Angola Finland
2024 -1.01% -4.41%
2023 -1.83% -2.98%
2022 0.58% -0.18%
2021 3.4% -2.69%
2020 -1.66% -5.53%
2019 0.69% -0.93%
2018 2.03% -0.87%
2017 -5.75% -0.63%
2016 -3.98% -1.7%
2015 -2.57% -2.43%
2014 -5.07% -2.99%
2013 -0.27% -2.52%
2012 3.68% -2.15%
2011 7.2% -1.01%
2010 2.98% -2.57%
2009 -6.8% -2.48%
2008 -3.8% 4.18%
2007 3.85% 5.12%
2006 8.42% 3.93%
2005 6.4% 2.59%
2004 1.03% 2.16%
2003 -4.1% 2.34%
2002 -2.24% 3.97%
2001 2.8% 4.89%
2000 2.02% 6.73%
1999 -8.1% 1.6%
1998 -5.1% 1.54%
1997 -0.23% -1.33%
1996 4.49% -3.37%
1995 - -5.98%
1994 - -6.41%
1993 - -8.09%
1992 - -4.88%
1991 - 0.3%
1990 - 6.63%
1989 - 6.73%
1988 - 5.09%
1987 - 1.63%
1986 - 3.83%
1985 - 3.33%
1984 - 3.23%
1983 - 1.52%
1982 - 3.06%
1981 - 5.11%
1980 - 3.7%
1979 - 3.41%
1978 - 3.83%
1977 - 6.27%
1976 - 7.65%
1975 - 4.96%
1974 - -0.03%
1973 - 1.48%
1972 - -0.18%
1971 - 0.15%
1970 - 1.06%
1969 - 0.94%
1968 - -1.69%
1967 - -0.26%
1966 - -1.08%
1965 - -1.67%
1964 - -1.35%
1963 - -2.5%
1962 - -2.37%
1961 - -3.03%
1960 - -0.52%
1959 - -0.12%
1958 - -1.73%
1957 - 0.08%
1956 - -1.14%
1955 - -1%
1954 - -0.17%
1953 - 0.02%
1952 - -1.24%
1951 - 1.1%
1950 - -0.26%
1949 - -2.77%
1948 - 1.88%
1947 - -5.99%
1946 - -15.3%
1945 - -6.35%
1944 - -21.5%
1943 - -14.2%
1942 - -16.4%
1941 - -35.8%
1940 - -36.9%
1939 - -9.76%
1938 - -1.48%
1937 - -4.44%
1936 - -3.75%
1935 - -3.81%
1934 - -2.81%
1933 - -1.63%
1932 - -2.61%
1931 - -2.32%
1930 - -1.94%
1929 - -0.78%
1928 - -2.07%
1927 - -0.32%
1926 - -2.9%
1925 - -2.92%
1924 - 0.04%
1923 - -2.3%
1922 - 0.62%
1921 - -2.59%
1920 - -2.6%
1919 - -7.49%
1918 - -11.4%
1917 - -1.27%
1916 - 1.48%
1915 - -0.29%
1914 - -1.15%
1913 - -0.25%
1912 - 0.33%
1911 - -0.14%
1910 - -0.3%
1909 - -2.64%
1908 - -1.92%
1907 - 0.24%
1906 - 0.86%
1905 - -1.28%
1904 - -1.63%
1903 - -0.3%
1902 - -1.74%
1901 - -2.13%
1900 - -0.52%
1899 - -1%
1898 - -4.55%
1897 - -0.37%
1896 - -0.56%
1895 - -1.21%
1894 - -0.62%
1893 - 0%
1892 - 0.82%
1891 - 0.16%
1890 - 0.17%
1889 - 0.18%
1888 - -0.59%
1887 - -1.46%
1886 - 0%
1885 - -1.2%
1884 - -0.2%
1883 - 0%
1882 - 0.2%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1882–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/angola/finland | 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 Finland's deficit of $13.2B, or 4.41% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while Finland ran a deficit in 18 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to deficit of 0.06% of GDP for Finland.

Inflation comparison by year

Inflation
Angola

Finland
1x
Year Consumer prices inflation
Angola Finland
2024 28.2% 1.57%
2023 13.6% 6.25%
2022 21.4% 7.12%
2021 25.8% 2.19%
2020 22.3% 0.29%
2019 17.1% 1.02%
2018 19.6% 1.08%
2017 29.8% 0.75%
2016 30.7% 0.36%
2015 9.2% -0.21%
2014 7.3% 1.04%
2013 8.8% 1.48%
2012 10.3% 2.81%
2011 13.5% 3.42%
2010 14.5% 1.18%
2009 13.7% -0%
2008 12.5% 4.07%
2007 12.2% 2.51%
2006 13.3% 1.57%
2005 23% 0.62%
2004 43.5% 0.19%
2003 98.2% 0.88%
2002 108.9% 1.57%
2001 152.6% 2.58%
2000 325% 3.04%
1999 248.2% 1.16%
1998 107.4% 1.4%
1997 221.5% 1.19%

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/finland | CC BY

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 1.83% in Finland. In 2024, inflation was 28.2% in Angola and 1.57% in Finland.

Top exports between countries

Angola
Export category Export value
Machinery & equipment $124K
Processed food, beverages & tobacco $1K
Finland
Export category Export value
Wood & paper products $2.12M
Machinery & equipment $1.77M
Textiles & consumer goods $198K
Chemicals & pharma $107K
Animal & marine products $98K
Raw materials & minerals $12K
Metals $7K
Precious metals & jewellery $1K

Balance of trade

Angola Finland
Current account balance
$6.31B
2024
-$1.99B
2024
Current account balance ranking
30/190
2024
143/190
2024
Current account balance, % of GDP
+6.25%
2024
-0.67%
2024
Goods imports
$14.2B
2024
$76.6B
2024
Goods exports
$36.8B
2024
$83.1B
2024
Service imports
$8.49B
2024
$47.4B
2024
Service exports
$129M
2024
$42B
2024
Imports of goods and services, % of GDP
19.4%
2024
41.6%
2024
Exports of goods and services, % of GDP
31.5%
2024
41.9%
2024

Economic freedom indices

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

Angola Finland
Economic freedom 54.4 76.6
Economic freedom ranking 133/197 15/197
Property rights 36.9 99.9
Government integrity 28.3 95.4
Judicial effectiveness 26.3 96.4
Tax burden 86.9 68.4
Government spending 89.3 7.9
Fiscal health 91.9 76.3
Business freedom 42.8 85.3
Labor freedom 50.8 65.4
Monetary freedom 59 80.3
Trade freedom 70.4 79.4
Investment freedom 30 85
Financial freedom 40 80

Economic freedom comparison by year

Angola
Finland
1x
Year Economic freedom index
Angola Finland
2026 54.4 76.6
2025 55 77
2024 54.3 76.3
2023 53 77.1
2022 52.6 78.3
2021 54.2 76.1
2020 52.2 75.7
2019 50.6 74.9
2018 48.6 74.1
2017 48.5 74
2016 48.9 72.6
2015 47.9 73.4
2014 47.7 73.4
2013 47.3 74
2012 46.7 72.3
2011 46.2 74
2010 48.4 73.8
2009 47 74.5
2008 46.9 74.6
2007 44.7 74
2006 43.5 72.9
2005 - 71
2004 - 73.4
2003 - 73.7
2002 - 73.6
2001 - 69.7
2000 24.3 64.3
1999 23.7 63.9
1998 24.9 63.5
1997 24.2 65.2
1996 24.4 63.7
1995 27.4 -

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 76.6 for Finland, ranking 15/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Finland
Services, % of GDP
41.1%
2024
62.2%
2024
Industry, % of GDP
34.6%
2024
22.8%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
2.47%
2024
GNI, Atlas method
$108B
2024
$290B
2024
GNI per capita, PPP
$9,460
2024
$65,640
2024
Total reserves including gold
$14.2B
2024
$18B
2024
Total reserves ranking
69/177
2024
65/177
2024
Net foreign direct investment
$1.14B
2024
$3.28B
2024
Net inflows of foreign direct investment
-$1.11B
2024
$8.74B
2024
Net outflows of foreign direct investment
$33.1M
2024
$12B
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
n/a
Poverty at national poverty lines
36.6%
2020
12.2%
2022
Gross capital formation, % of GDP
10.4%
2024
22.3%
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/finland | 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) | Public Finances in Modern History (1882–1999, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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 (2021–2024, 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.