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Economy of Angola vs Haiti compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $25.2B for Haiti, ranking 71/197 and 117/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $3.91B (15.5% of GDP) in Haiti.

Angola vs Haiti GDP by year

Angola
Haiti
1x
Year GDP, current $
Angola Haiti
2024 $100,998,916,781 $25,224,154,991
2023 $107,167,747,140 $19,850,585,722
2022 $131,212,208,930 $20,253,551,921
2021 $79,559,543,805 $20,944,387,976
2020 $58,852,456,454 $14,508,222,518
2019 $80,734,428,593 $15,016,090,930
2018 $89,512,794,227 $16,403,864,618
2017 $84,376,935,689 $15,093,357,161
2016 $59,878,249,719 $14,069,277,526
2015 $102,543,067,841 $14,849,629,309
2014 $153,449,860,496 $15,146,883,498
2013 $148,845,200,697 $14,902,488,604
2012 $143,572,907,528 $13,708,925,477
2011 $125,551,634,704 $13,008,746,039
2010 $95,546,919,755 $11,859,312,725
2009 $81,705,175,408 $11,597,002,835
2008 $98,790,432,989 $10,432,962,635
2007 $73,037,821,927 $9,228,637,768
2006 $58,653,659,980 $7,638,739,123
2005 $41,396,636,383 $7,030,149,730
2004 $26,997,977,897 $6,087,360,684
2003 $20,342,128,112 $5,071,947,798
2002 $17,311,512,432 $6,205,847,214
2001 $8,936,079,118 $6,331,970,324
2000 $9,129,594,970 $6,813,566,099
1999 $6,152,923,310 $4,153,725,884
1998 $6,506,221,616 $3,723,903,724
1997 $7,648,380,196 $3,338,949,152
1996 $7,526,421,519 $2,907,517,604
1995 $5,538,749,260 $2,813,313,279
1994 $4,438,321,017 $2,167,569,046
1993 $5,768,720,422 $1,878,253,767
1992 $8,307,810,974 $2,257,129,792
1991 $10,603,784,541 $3,473,562,628
1990 $11,229,515,599 $3,096,289,800
1989 $10,201,780,977 $2,736,243,800
1988 $8,769,836,769 $2,613,926,800
1987 $8,084,412,414 $2,047,200,000
1986 $7,072,536,109 $2,318,000,000
1985 $7,554,065,410 $2,009,400,000
1984 $6,131,475,065 $1,816,200,000
1983 $5,784,341,596 $1,623,600,000
1982 $5,550,483,036 $1,474,200,000
1981 $5,550,483,036 $1,479,400,000
1980 $5,930,503,401 $1,383,800,000
1979 - $1,080,600,000
1978 - $974,200,000
1977 - $947,000,000
1976 - $879,000,000
1975 - $681,400,000
1974 - $565,399,322
1973 - $466,798,973
1972 - $371,998,958
1971 - $362,800,000
1970 - $331,200,000
1969 - $391,820,400
1968 - $367,968,800
1967 - $369,124,200
1966 - $368,948,600
1965 - $353,251,800
1964 - $325,281,200
1963 - $294,883,400
1962 - $281,896,800
1961 - $271,066,000
1960 - $273,187,200

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

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

GDP per capita in Angola vs Haiti by year

Angola
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $2,143 $3,194
2023 $2,916 $9,754 $1,706 $3,292
2022 $3,682 $9,588 $1,761 $3,275
2021 $2,304 $8,862 $1,841 $3,145
2020 $1,759 $7,827 $1,290 $3,103
2019 $2,494 $8,573 $1,352 $3,237
2018 $2,860 $8,278 $1,496 $3,197
2017 $2,791 $8,007 $1,395 $3,339
2016 $2,052 $7,767 $1,318 $3,253
2015 $3,642 $8,067 $1,411 $3,026
2014 $5,650 $9,018 $1,460 $3,076
2013 $5,689 $8,504 $1,458 $3,042
2012 $5,702 $8,246 $1,361 $2,830
2011 $5,184 $7,538 $1,312 $2,858
2010 $4,102 $7,412 $1,210 $2,695
2009 $3,645 $7,228 $1,197 $2,855
2008 $4,578 $7,316 $1,095 $2,724
2007 $3,515 $6,728 $985 $2,647
2006 $2,930 $6,018 $829 $2,504
2005 $2,146 $5,416 $776 $2,427
2004 $1,451 $4,771 $683 $2,322
2003 $1,134 $4,322 $579 $2,331
2002 $999 $4,241 $721 $2,248
2001 $534 $3,802 $749 $2,230
2000 $564 $3,690 $821 $2,229
1999 $393 $3,619 $510 $2,201
1998 $429 $3,609 $465 $2,152
1997 $522 $3,525 $425 $2,122
1996 $531 $3,342 $377 $2,070
1995 $404 $2,990 $372 $1,989
1994 $335 $2,633 $292.1 $1,807
1993 $450 $2,628 $258.1 $2,048
1992 $669 $3,486 $316 $2,158
1991 $882 $3,740 $497 $2,273
1990 $966 $3,705 $452 $2,202
1989 $908 - $407 -
1988 $807 - $397 -
1987 $770 - $318 -
1986 $698 - $367 -
1985 $772 - $325 -
1984 $650 - $299.2 -
1983 $637 - $272.8 -
1982 $634 - $252.6 -
1981 $658 - $258.5 -
1980 $729 - $246.5 -
1979 - - $196.2 -
1978 - - $180.3 -
1977 - - $178.7 -
1976 - - $169.1 -
1975 - - $133.6 -
1974 - - $113 -
1973 - - $95.1 -
1972 - - $77.3 -
1971 - - $76.8 -
1970 - - $71.5 -
1969 - - $86.1 -
1968 - - $82.4 -
1967 - - $84.2 -
1966 - - $85.7 -
1965 - - $83.6 -
1964 - - $78.5 -
1963 - - $72.4 -
1962 - - $70.4 -
1961 - - $69 -
1960 - - $70.8 -

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

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

Angola's GDP per capita is $2,666, ranking 144/197, compared to $2,143 in Haiti, ranking 153/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Haiti ranks 177th at $3,194.

Economic indicators

Angola Haiti
Gross domestic product
$101B
2024
$25.2B
2024
GDP rank
71/197
2024
117/197
2024
GDP growth
4.42%
2023-2024
-4.17%
2023-2024
GDP per capita
$2,666
2024
$2,143
2024
GDP per capita rank
144/197
2024
153/197
2024
GDP per capita, PPP
$10,119
2024
$3,194
2024
GDP per capita PPP rank
133/197
2024
177/197
2024
Government debt
$60.5B
2024
$3.91B
2024
Debt-to-GDP ratio
59.9%
2024
15.5%
2024
Government debt per person
$1,597
2024
$332
2024
Government debt per person rank
127/185
2024
176/185
2024
Average annual personal income after taxes
$28,080
2026
$1,896
2026
Income share by richest 10%
39.6%
2018
31.2%
2012
Income share by poorest 10%
1.3%
2018
2.1%
2012
Government expenditure, % of GDP
18.4%
2024
5.25%
2024
Consumer prices inflation
28.2%
2023-2024
26.9%
2023-2024
Central bank interest rate
18%
2023
n/a
Unemployment rate
14.1%
2022
14.1%
2012
Population
40555924
12076663

Spending and national debt comparison by year

Angola
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
Angola Haiti
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 5.25% 15.5%
2023 18.8% 72.4% 6.46% 28.5%
2022 19.5% 56.1% 8.33% 29.5%
2021 17.3% 74.3% 9.42% 28.9%
2020 20% 119.1% 9.86% 22.3%
2019 18.2% 101.4% 9.59% 26.5%
2018 18.3% 82.5% 11.3% 24.1%
2017 21% 60.5% 10.2% 22.5%
2016 19.4% 66.7% 10.5% 24.4%
2015 23.9% 50.4% 12.7% 23.9%
2014 32.3% 35.3% 14.6% 21.4%
2013 32.9% 29.5% 15.9% 25.1%
2012 33.2% 23.8% 16.4% 24.1%
2011 33.3% 26.3% 14.1% 22.3%
2010 34.6% 32.6% 12.6% 24.9%
2009 38.7% 48.4% 11.6% 19.4%
2008 47.2% 28.1% 11.2% 33.9%
2007 34.1% 18.8% 11.1% 24.4%
2006 27.3% 16.7% 9.67% 32.2%
2005 23.7% 29.9% 8.75% 29.7%
2004 26% 41.6% 7.38% 30.4%
2003 30.1% 50.8% 7.83% 37.8%
2002 27.6% 65.1% 6.64% 32%
2001 30.3% 100.2% 6.11% 28.8%
2000 35.8% 118.2% 6.25% 32.5%
1999 39.4% 104.8% 6.91% 24.1%
1998 26.1% 96.3% 5.4% 24%
1997 26.8% 73.5% 5.46% 26.2%
1996 25.2% 92% - 26.2%
1995 - - - 26.2%
1994 - - - 35.3%
1993 - - - 98%
1992 - - - 118.9%
1991 - - - 80.7%
1990 - - - 85.1%
1989 - - - 98.7%
1988 - - - 90.9%
1987 - - 32.4% 58.6%
1986 - - 15.1% 26.5%
1985 - - 17.4% 25.6%
1984 - - 16.9% 27.3%
1983 - - 21.9% 28.9%
1982 - - 20.7% 25.5%
1981 - - 17.4% 23.7%
1980 - - 17.2% 20.3%
1979 - - 13.1% 19.8%
1978 - - 18.9% 20.1%
1977 - - 16.7% 18.5%
1976 - - 13.4% 14.9%
1975 - - 12.8% 14.2%
1974 - - 9.24% 13.3%
1973 - - 9.4% 8.92%
1972 - - 11.2% 11.1%
1971 - - 11.2% 11%
1970 - - 11.4% 12.5%
1969 - - 10.1% -
1968 - - 10.3% -
1967 - - 7.52% -
1966 - - 7.2% -
1965 - - 7.91% -
1964 - - - -
1963 - - 8.95% -
1962 - - - -
1961 - - - -
1960 - - 7.34% 21.6%

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/haiti | CC BY

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while Haiti spent $1.32B, or 5.25% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 15.5% in Haiti, ranking 78/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Haiti
1x
Year Deficit/surplus, % of GDP
Angola Haiti
2024 -1.01% 6.96%
2023 -1.83% 0.77%
2022 0.58% -1.75%
2021 3.4% -2.45%
2020 -1.66% -1.96%
2019 0.69% -1.99%
2018 2.03% -1.13%
2017 -5.75% -0.32%
2016 -3.98% 0.12%
2015 -2.57% -1.47%
2014 -5.07% -3.64%
2013 -0.27% -3.98%
2012 3.68% -2.71%
2011 7.2% -1.43%
2010 2.98% -1.5%
2009 -6.8% -2%
2008 -3.8% -1.8%
2007 3.85% -1.55%
2006 8.42% -0.91%
2005 6.4% -0.83%
2004 1.03% -1.34%
2003 -4.1% -2.24%
2002 -2.24% -1.8%
2001 2.8% -1.55%
2000 2.02% -1.36%
1999 -8.1% -1.54%
1998 -5.1% 0.21%
1997 -0.23% 0.37%
1996 4.49% -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -4.94%
1986 - -1.4%
1985 - -0.97%
1984 - -3.52%
1983 - -5.72%
1982 - -3.93%
1981 - -4.38%
1980 - -5.68%
1979 - -2.21%
1978 - -3.24%
1977 - -2.85%
1976 - -1.16%
1975 - -1.73%
1974 - 0.23%
1973 - 0.03%
1972 - 0.24%
1971 - -0.08%
1970 - -0.19%
1969 - -0.39%
1968 - -0.46%
1967 - 0%
1966 - 0%
1965 - 0%
1964 - -
1963 - 0%
1962 - -
1961 - -
1960 - 0.006%
1959 - -1.11%
1958 - -2.21%
1957 - 0.28%
1956 - -2.18%
1955 - -0.86%
1954 - -0.81%
1953 - -1.01%
1952 - -
1951 - -
1950 - -
1949 - -0.12%
1948 - 0.21%
1947 - 1.06%
1946 - 0.51%
1945 - 0.47%
1944 - -
1943 - -
1942 - -
1941 - -0.21%
1940 - 0.13%
1939 - -0.16%
1938 - 0.15%
1937 - -0.08%
1936 - -0.06%
1935 - -0.2%
1934 - -1.23%
1933 - 0%
1932 - 0.4%
1931 - -0.49%
1930 - -0.52%
1929 - -0.32%
1928 - -0.25%
1927 - 0.73%
1926 - -0.45%
1925 - 0.05%
1924 - -0.14%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-02-20).

GeoRank.org/economy/angola/haiti | 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 Haiti's surplus of $1.76B, or 6.96% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while Haiti ran a deficit in 23 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to deficit of 1.17% of GDP for Haiti.

Inflation comparison by year

Inflation
Angola

Haiti
1x
Year Consumer prices inflation
Angola Haiti
2024 28.2% 26.9%
2023 13.6% 36.8%
2022 21.4% 34%
2021 25.8% 16.8%
2020 22.3% 22.8%
2019 17.1% 18.7%
2018 19.6% 12.5%
2017 29.8% 10.7%
2016 30.7% 11.5%
2015 9.2% 6.73%
2014 7.3% 3.44%
2013 8.8% 4.77%
2012 10.3% 5.02%
2011 13.5% 6.33%
2010 14.5% 4.83%
2009 13.7% 0.39%
2008 12.5% 15.3%
2007 12.2% 6.56%
2006 13.3% 11.3%
2005 23% 14%
2004 43.5% 21%
2003 98.2% 28.7%
2002 108.9% 7.03%
2001 152.6% 13.3%
2000 325% 9.33%
1999 248.2% 3%
1998 107.4% 5.27%
1997 221.5% 20.6%

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/haiti | CC BY

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 13.5% in Haiti. In 2024, inflation was 28.2% in Angola and 26.9% in Haiti.

Top exports between countries

Angola
Export category Export value
Haiti
Export category Export value
Textiles & consumer goods $5K

Balance of trade

Angola Haiti
Current account balance
$6.31B
2024
-$145M
2024
Current account balance ranking
30/190
2024
92/190
2024
Current account balance, % of GDP
+6.25%
2024
-0.58%
2024
Goods imports
$14.2B
2024
$4.27B
2024
Goods exports
$36.8B
2024
$767M
2024
Service imports
$8.49B
2024
$518M
2024
Service exports
$129M
2024
$96.6M
2024
Imports of goods and services, % of GDP
19.4%
2024
18.8%
2024
Exports of goods and services, % of GDP
31.5%
2024
3.4%
2024

Economic freedom indices

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

Angola Haiti
Economic freedom 54.4 46.1
Economic freedom ranking 133/197 178/197
Property rights 36.9 6.6
Government integrity 28.3 13
Judicial effectiveness 26.3 17.3
Tax burden 86.9 81.7
Government spending 89.3 98.7
Fiscal health 91.9 99.5
Business freedom 42.8 30.7
Labor freedom 50.8 54.7
Monetary freedom 59 45.1
Trade freedom 70.4 66.4
Investment freedom 30 20
Financial freedom 40 20

Economic freedom comparison by year

Angola
Haiti
1x
Year Economic freedom index
Angola Haiti
2026 54.4 46.1
2025 55 46.1
2024 54.3 48.2
2023 53 49.9
2022 52.6 50
2021 54.2 50.8
2020 52.2 52.3
2019 50.6 52.7
2018 48.6 55.8
2017 48.5 49.6
2016 48.9 51.3
2015 47.9 51.3
2014 47.7 48.9
2013 47.3 48.1
2012 46.7 50.7
2011 46.2 52.1
2010 48.4 50.8
2009 47 50.5
2008 46.9 49
2007 44.7 51.4
2006 43.5 49.2
2005 - 48.4
2004 - 51.2
2003 - 50.6
2002 - 47.9
2001 - 47.1
2000 24.3 45.7
1999 23.7 45.9
1998 24.9 45.7
1997 24.2 45.8
1996 24.4 41
1995 27.4 43

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 46.1 for Haiti, ranking 178/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Haiti
Services, % of GDP
41.1%
2024
48.3%
2024
Industry, % of GDP
34.6%
2024
33.4%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
15.9%
2024
GNI, Atlas method
$108B
2024
$20.7B
2024
GNI per capita, PPP
$9,460
2024
$3,190
2024
Total reserves including gold
$14.2B
2024
$2.72B
2024
Total reserves ranking
69/177
2024
121/177
2024
Net foreign direct investment
$1.14B
2024
-$20M
2024
Net inflows of foreign direct investment
-$1.11B
2024
$20M
2024
Net outflows of foreign direct investment
$33.1M
2024
$0
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
2.15%
2024
Poverty at national poverty lines
36.6%
2020
58.5%
2012
Gross capital formation, % of GDP
10.4%
2024
9.94%
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/haiti | CC BY

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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 (1924–1999, 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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2017, retrieved 2026-02-08)
  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.