Angola vs Guinea: Economic Indicators Comparison

Angola with a GDP of $105.8B ranked the 63rd largest economy in the world, while Guinea ranked 142nd with $10.9B. By GDP 5-years average growth and GDP per capita, Angola and Guinea ranked 166th vs 15th and 128th vs 175th, respectively.

Gross Domestic Product & Income

StatAngolaGuinea
GDP$105.8B$10.9B
GDP growth, 1 year-1.7%5.8%
GDP growth, 5-years average0.3%6.7%
Population29.8M12.7M
GDP per capita$3.4k$879
GDP per capita growth-5.29%3.2%
Purchasing Power Parity conversion factor134.513160.71
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.35
GDP per capita, PPP adjusted$6.8k$2.3k
GNI, Atlas method$103.8B$10.6B
GNI per capita$3.4k$850
GNI, PPP adjusted$190B$30.6B
GNI per capita, PPP adjusted$6.2k$2.5k

Financial system and Human development

StatAngolaGuinea
Income Tax Rate17%40%
Corporate Tax Rate30%35%
Inflation, consumer prices19.6%9.7%
Inflation, GDP deflator34.8%-1.3%
Unemployment7.3%3.6%
Economic Freedom Index52.256.5
Personal Freedom Index5.445.95
Human Freedom Index5.025.68
Property Rights Index36.938.7
Judical Effectiveness Index14.333.3
Business Freedom Index57.755.4
Fiscal Health Index71.993.8
Labor Freedom Index61.158
Investment Freedom Index3050
Financial Freedom Index4040
Trade Freedom Index66.260.4
Monetary Freedom Index59.670.6
Government Spending Index85.791.4
Tax Burden Index87.370
Government Integrity Index15.116.1
Corruption Perceptions Index1928
Life expectancy at birth, years60.460.7
Suicide mortality rate, per 100,000 people4.76.3
Mortality caused by road traffic injury, per 100,000 people23.628.2
Intentional homicides, per 100,000 people4.98.8
International tourism, number of arrivals218k99k

Government debt & reserves

StatAngolaGuinea
Central government debt, % of GDP88.1%38.7%
External debt stocks, % of GNI54%24.6%
External debt stocks$54.6B$2.6B
Short-term debt, % of total reserves15%12.4%
Total debt service, % of exports and primary income21.9%2.2%
Adjusted net savings including particulate emission damage, % of GNI-16.3%-6.5%
Gross savings, % of GDP26.4%3.1%
Gross capital formation, % of GDP24.1%18.9%
Total reserves including gold$15.4B$1.2B
Foreign direct investment net inflows-$5.7B$352.8M

Exports, imports and economic structure

StatAngolaGuinea
Exports of goods and services, % of GDP29%37.6%
Imports of goods and services, % of GDP23.3%53%
Current account balance (balance of payments)$7.4B-$190.5M
Revenue excluding grants, % of GDP16.4%12.1%
Grants excluding technical cooperation, BoP$138.9M$367.3M
Personal remittances received$1.6M$28.4M
Industry including construction value added, % of GDP42.2%24.8%
Agriculture, forestry and fishing value added, % of GDP10%24.3%
Charges for the use of intellectual property, payments BoP$246.6M$620k
Charges for the use of intellectual property, receipts BoP$8.2M-$1.5M
Expense, % of GDP16.7%9.4%
Government Expenditure, % of GDP21.8%16.9%

Compare with countries close by GDP per capita

Angola vs

CountryGDP
per capita
Population
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M

Guinea vs

CountryGDP
per capita
Population
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M