Angola vs Guinea-Bissau: Economic Indicators Comparison

Angola with a GDP of $105.8B ranked the 63rd largest economy in the world, while Guinea-Bissau ranked 181st with $1.5B. By GDP 5-years average growth and GDP per capita, Angola and Guinea-Bissau ranked 166th vs 44th and 128th vs 179th, respectively.

Gross Domestic Product & Income

StatAngolaGuinea-Bissau
GDP$105.8B$1.5B
GDP growth, 1 year-1.7%3.8%
GDP growth, 5-years average0.3%4.6%
Population29.8M1.9M
GDP per capita$3.4k$778
GDP per capita growth-5.29%1.24%
Purchasing Power Parity conversion factor134.51240.31
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.43
GDP per capita, PPP adjusted$6.8k$1.9k
GNI, Atlas method$103.8B$1.4B
GNI per capita$3.4k$750
GNI, PPP adjusted$190B$3.4B
GNI per capita, PPP adjusted$6.2k$1.8k

Financial system and Human development

StatAngolaGuinea-Bissau
Income Tax Rate17%20%
Corporate Tax Rate30%25%
Inflation, consumer prices19.6%1.4%
Inflation, GDP deflator34.8%-0.4%
Unemployment7.3%4.1%
Economic Freedom Index52.253.3
Personal Freedom Index5.446.83
Human Freedom Index5.025.97
Property Rights Index36.941.3
Judical Effectiveness Index14.348.4
Business Freedom Index57.739.1
Fiscal Health Index71.967.3
Labor Freedom Index61.161.2
Investment Freedom Index3030
Financial Freedom Index4030
Trade Freedom Index66.249
Monetary Freedom Index59.682.7
Government Spending Index85.786.7
Tax Burden Index87.388.7
Government Integrity Index15.114.8
Corruption Perceptions Index1916
Life expectancy at birth, years60.457.7
Suicide mortality rate, per 100,000 people4.74
Mortality caused by road traffic injury, per 100,000 people23.631.1
Intentional homicides, per 100,000 people4.91.1
International tourism, number of arrivals218k45k

Government debt & reserves

StatAngolaGuinea-Bissau
Central government debt, % of GDP88.1%56.1%
External debt stocks, % of GNI54%28.9%
External debt stocks$54.6B$420.7M
Short-term debt, % of total reserves15%N/A
Total debt service, % of exports and primary income21.9%1.9%
Adjusted net savings including particulate emission damage, % of GNI-16.3%-11%
Gross savings, % of GDP26.4%8.8%
Gross capital formation, % of GDP24.1%10.9%
Total reserves including gold$15.4BN/A
Foreign direct investment net inflows-$5.7B$20.6M

Exports, imports and economic structure

StatAngolaGuinea-Bissau
Exports of goods and services, % of GDP29%25.3%
Imports of goods and services, % of GDP23.3%32.5%
Current account balance (balance of payments)$7.4B-$54.1M
Revenue excluding grants, % of GDP16.4%12.7%
Grants excluding technical cooperation, BoP$138.9M$80M
Personal remittances received$1.6M$127.9M
Industry including construction value added, % of GDP42.2%12.6%
Agriculture, forestry and fishing value added, % of GDP10%47.5%
Charges for the use of intellectual property, payments BoP$246.6M$2.4k
Charges for the use of intellectual property, receipts BoP$8.2M$79k
Expense, % of GDP16.7%12.6%
Government Expenditure, % of GDP21.8%21.1%

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-Bissau vs

CountryGDP
per capita
Population
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
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
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
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M