Skip to content

Economy of Angola vs Ireland compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $722B for Ireland, ranking 68/197 and 24/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $238B (32.9% of GDP) in Ireland.

Angola vs Ireland GDP by year

Angola
Ireland
1x
Year GDP, current $
Angola Ireland
2025 $122,174,889,424 $721,701,359,046
2024 $103,080,538,044 $609,157,459,747
2023 $106,042,349,567 $567,372,737,459
2022 $128,233,959,333 $548,341,794,599
2021 $78,283,923,544 $530,394,123,830
2020 $58,512,033,806 $436,009,027,819
2019 $81,193,813,808 $407,211,793,801
2018 $90,506,061,877 $395,780,319,817
2017 $85,629,598,654 $348,355,212,569
2016 $60,770,049,747 $305,431,252,709
2015 $102,543,067,841 $302,101,388,556
2014 $153,449,860,496 $266,490,442,124
2013 $148,845,200,696 $242,924,245,719
2012 $143,572,907,528 $226,921,827,888
2011 $125,551,634,705 $240,975,871,047
2010 $95,546,919,754 $221,732,824,603
2009 $81,705,175,409 $236,443,115,854
2008 $98,790,432,989 $275,447,471,451
2007 $73,037,821,926 $270,079,279,420
2006 $58,653,659,980 $232,180,617,162
2005 $41,396,636,384 $211,876,989,656
2004 $26,997,977,896 $194,372,115,041
2003 $20,342,128,112 $164,670,771,260
2002 $17,311,512,433 $128,596,035,288
2001 $8,936,079,118 $109,346,669,230
2000 $9,129,594,970 $100,207,610,430
1999 $6,152,923,310 $98,893,958,263
1998 $6,506,221,616 $90,199,410,116
1997 $7,648,380,196 $82,856,648,758
1996 $7,526,421,519 $75,790,786,290
1995 $5,538,749,260 $69,139,823,232
1994 $4,438,321,017 $57,097,656,066
1993 $5,768,720,422 $52,417,477,614
1992 $8,307,810,974 $55,918,538,121
1991 $10,603,784,541 $49,787,501,584
1990 $11,229,515,599 $49,305,632,408
1989 $10,201,780,977 $39,238,392,678
1988 $8,769,836,769 $37,772,896,221
1987 $8,084,412,414 $33,920,518,493
1986 $7,072,536,109 $28,714,571,852
1985 $7,554,065,410 $21,270,013,326
1984 $6,131,475,065 $20,106,648,455
1983 $5,784,341,596 $20,766,047,764
1982 $5,550,483,036 $21,474,752,962
1981 $5,550,483,036 $20,670,190,138
1980 $5,930,503,401 $21,747,855,640
1979 - $18,319,334,300
1978 - $14,647,996,074
1977 - $11,248,340,431
1976 - $9,453,756,015
1975 - $9,483,808,362
1974 - $7,896,860,615
1973 - $7,481,173,066
1972 - $6,318,060,582
1971 - $5,098,250,287
1970 - $4,395,995,086
1969 - $3,902,721,632
1968 - $3,378,701,147
1967 - $3,445,739,915
1966 - $3,198,820,904
1965 - $3,035,655,794
1964 - $2,851,091,646
1963 - $2,505,073,358
1962 - $2,329,372,972
1961 - $2,151,772,980
1960 - $1,998,550,222

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Angola vs Ireland by year

Angola
GDP per capita

GDP per capita, PPP
Ireland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Ireland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $131,592 -
2024 $2,721 $10,119 $112,895 $133,437
2023 $2,886 $9,754 $106,819 $129,683
2022 $3,599 $9,588 $105,191 $138,523
2021 $2,267 $8,862 $103,783 $116,904
2020 $1,749 $7,827 $86,514 $97,800
2019 $2,508 $8,573 $81,828 $92,023
2018 $2,892 $8,278 $80,804 $86,299
2017 $2,832 $8,007 $72,161 $80,450
2016 $2,082 $7,767 $64,130 $73,013
2015 $3,642 $8,067 $64,250 $71,588
2014 $5,650 $9,018 $57,215 $52,641
2013 $5,689 $8,504 $52,538 $48,839
2012 $5,702 $8,246 $49,336 $46,726
2011 $5,184 $7,538 $52,614 $45,526
2010 $4,102 $7,412 $48,624 $43,212
2009 $3,645 $7,228 $52,133 $41,491
2008 $4,578 $7,316 $61,353 $44,169
2007 $3,515 $6,728 $61,396 $46,782
2006 $2,930 $6,018 $54,329 $44,223
2005 $2,146 $5,416 $50,933 $40,466
2004 $1,451 $4,771 $47,754 $38,729
2003 $1,134 $4,322 $41,204 $36,280
2002 $999 $4,241 $32,705 $35,222
2001 $534 $3,802 $28,282 $32,573
2000 $564 $3,690 $26,335 $30,216
1999 $393 $3,619 $26,338 $27,041
1998 $429 $3,609 $24,295 $25,094
1997 $522 $3,525 $22,551 $22,637
1996 $531 $3,342 $20,836 $20,482
1995 $404 $2,990 $19,158 $18,944
1994 $335 $2,633 $15,903 $17,011
1993 $450 $2,628 $14,657 $15,811
1992 $669 $3,486 $15,714 $15,116
1991 $882 $3,740 $14,087 $14,399
1990 $966 $3,705 $14,031 $13,743
1989 $908 - $11,176 -
1988 $807 - $10,716 -
1987 $770 - $9,582 -
1986 $698 - $8,112 -
1985 $772 - $6,012 -
1984 $650 - $5,692 -
1983 $637 - $5,915 -
1982 $634 - $6,161 -
1981 $658 - $5,986 -
1980 $729 - $6,372 -
1979 - - $5,430 -
1978 - - $4,400 -
1977 - - $3,427 -
1976 - - $2,920 -
1975 - - $2,973 -
1974 - - $2,517 -
1973 - - $2,424 -
1972 - - $2,080 -
1971 - - $1,704 -
1970 - - $1,487 -
1969 - - $1,331 -
1968 - - $1,159 -
1967 - - $1,187 -
1966 - - $1,107 -
1965 - - $1,055 -
1964 - - $995 -
1963 - - $878 -
1962 - - $821 -
1961 - - $762 -
1960 - - $707 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $131,592 in Ireland, ranking 4/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Ireland ranks 4th at $133,437.

Economic indicators

Angola Ireland
Gross domestic product
$122B
2025
$722B
2025
GDP rank
68/197
2025
24/197
2025
GDP growth
3.13%
2024-2025
12.3%
2024-2025
GDP per capita
$3,129
2025
$131,592
2025
GDP per capita rank
142/197
2025
4/197
2025
GDP per capita, PPP
$10,119
2024
$133,437
2024
GDP per capita PPP rank
133/197
2024
4/197
2024
Government debt
$62.7B
2025
$238B
2025
Debt-to-GDP ratio
51.3%
2025
32.9%
2025
Government debt per person
$1,606
2025
$43,334
2025
Government debt per person rank
127/185
2025
14/185
2025
Average annual personal income after taxes
$2,550
2026
$47,174
2026
Market capitalization of domestic companies n/a
$110B
2018
Number of millionaires n/a
192,000
2026
Number of billionaires n/a
11
2026
Income share by richest 10%
39.6%
2018
24.1%
2023
Income share by poorest 10%
1.3%
2018
3.7%
2023
Government expenditure, % of GDP
18.9%
2025
21.6%
2025
Consumer prices inflation
20.2%
2024-2025
2.21%
2024-2025
Central bank interest rate
17.5%
2026
n/a
Unemployment rate
10.4%
2025
4.7%
2025
Population
40839390
5562212

Spending and national debt comparison by year

Angola
Spending

Debt
Ireland
Spending

Debt
1x
Year % of GDP
Angola Ireland
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 21.6% 32.9%
2024 19% 57.1% 22.4% 38.3%
2023 23.3% 75.7% 22.2% 41.8%
2022 24.8% 57.4% 20.7% 42.9%
2021 22.8% 75.5% 23.5% 52.4%
2020 24.4% 119.8% 26.7% 56.9%
2019 20.9% 100.8% 23.9% 55.8%
2018 17.8% 81.6% 24.7% 61.3%
2017 20.7% 59.6% 25.3% 65.2%
2016 19.1% 65.7% 27.5% 72.7%
2015 23.9% 50.4% 28.1% 74%
2014 32.3% 35.3% 36.6% 101.4%
2013 32.9% 29.5% 39.8% 117.7%
2012 33.2% 23.8% 42.3% 118.9%
2011 33.3% 26.3% 46.9% 109.6%
2010 34.6% 32.6% 64.9% 86.2%
2009 38.7% 48.4% 46.9% 61.8%
2008 47.2% 28.1% 41.6% 42.5%
2007 34.1% 18.8% 35.6% 23.9%
2006 27.3% 16.7% 33.6% 23.7%
2005 23.7% 29.9% 33% 26.1%
2004 26% 41.6% 32.8% 28.1%
2003 30.1% 50.8% 32.7% 29.8%
2002 27.6% 65.1% 32.9% 30.9%
2001 30.3% 100.2% 32.2% 33.6%
2000 35.8% 118.2% 30.6% 36.4%
1999 45.7% 104.8% 32.5% 46.6%
1998 30.3% 96.3% 34.2% 51.4%
1997 31.1% 73.5% 36.1% 61.6%
1996 29.3% 92% 38.5% 69.8%
1995 - - 40.3% 78.5%
1994 - - 43.9% 88%
1993 - - 44.6% 93.4%
1992 - - 44.8% 90.6%
1991 - - 44.4% 93.8%
1990 - - 42.8% 92.7%
1989 - - 42.5% 97.9%
1988 - - 48.2% 106.5%
1987 - - 51.4% 108.3%
1986 - - 52.9% 107.2%
1985 - - 53.2% 93%
1984 - - 52.7% 90.2%
1983 - - 55.6% 86.1%
1982 - - 56.7% 73.5%
1981 - - 54.1% 68.8%
1980 - - 53.7% 64.6%
1979 - - 48.7% 63.5%
1978 - - 46.2% 50.6%
1977 - - 44.6% 49.2%
1976 - - 47.8% 51.7%
1975 - - 48.2% 48.3%
1974 - - 44.3% 43.5%
1973 - - 40.3% 35.1%
1972 - - 41.5% 37.3%
1971 - - 45.3% 39.8%
1970 - - 44.1% 41.7%
1969 - - 42.5% 42.6%
1968 - - 40% 44.7%
1967 - - 39.3% 47.1%
1966 - - 36.9% 47.7%
1965 - - 35.8% 44.6%
1964 - - 34.8% 43.1%
1963 - - 33.6% 45.2%
1962 - - 31.7% 44.5%
1961 - - 31.4% 44.3%
1960 - - 29.1% 44.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while Ireland spent $156B, or 21.6% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 32.9% in Ireland, ranking 103/185 and 149/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Ireland
1x
Year Deficit/surplus, % of GDP
Angola Ireland
2025 -4.07% 1.54%
2024 -1.19% 4.02%
2023 -2.49% 1.36%
2022 1.78% 1.58%
2021 1.35% -1.31%
2020 -3.05% -4.87%
2019 -0.2% 0.41%
2018 2% 0.09%
2017 -5.68% -0.3%
2016 -3.93% -0.76%
2015 -2.58% -1.97%
2014 -5.08% -3.52%
2013 -0.28% -6.28%
2012 3.67% -8.42%
2011 7.17% -13.5%
2010 2.96% -32.1%
2009 -6.83% -13.9%
2008 -3.82% -7.03%
2007 3.81% 0.27%
2006 8.42% 2.78%
2005 6.4% 1.57%
2004 1.03% 1.3%
2003 -4.1% 0.35%
2002 -2.24% -0.52%
2001 2.8% 0.96%
2000 2.02% 4.86%
1999 -9.4% 3.54%
1998 -5.92% 2.07%
1997 -0.27% 1.37%
1996 5.22% -0.2%
1995 - -2.07%
1994 - -1.98%
1993 - -2.7%
1992 - -2.92%
1991 - -2.82%
1990 - -2.77%
1989 - -2.64%
1988 - -4.62%
1987 - -8.47%
1986 - -10.5%
1985 - -10.7%
1984 - -9.43%
1983 - -11.5%
1982 - -13.1%
1981 - -12.1%
1980 - -11.1%
1979 - -10%
1978 - -8.27%
1977 - -6.44%
1976 - -7.34%
1975 - -11.1%
1974 - -6.96%
1973 - -3.84%
1972 - -3.23%
1971 - -3.5%
1970 - -3.64%
1969 - -3.4%
1968 - -2.72%
1967 - -2.69%
1966 - -2.26%
1965 - -3.5%
1964 - -3.35%
1963 - -2.92%
1962 - -2.91%
1961 - -2.6%
1960 - -1.97%
1959 - -2.16%
1958 - -4.3%
1957 - -5.19%
1956 - -3.23%
1955 - -5.06%
1954 - -5.28%
1953 - -5.77%
1952 - -7.84%
1951 - -4.62%
1950 - -5.21%
1949 - -2.17%
1948 - -1.29%
1947 - -1.8%
1946 - -0.43%
1945 - -0.43%
1944 - 0.39%
1943 - -1.18%
1942 - -2.48%
1941 - -1.42%
1940 - -0.15%
1939 - -7.31%
1938 - -0.92%
1937 - -0.77%
1936 - -0.19%
1935 - -
1934 - -
1933 - 2.97%
1932 - -
1931 - -1.63%
1930 - -
1929 - -3.41%
1928 - -
1927 - -
1926 - -1.95%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1926–1994, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Angola's government deficit, the difference between spending and revenue, was $4.97B, equivalent to 4.07% of GDP. This compares to Ireland's surplus of $11.2B, or 1.54% of GDP.

Over the past 30 years, Angola recorded a fiscal deficit in 17 of those years, while Ireland ran a deficit in 14 years. On average, Angola posted an annual deficit equal to 0.42% of GDP, compared to deficit of 2.22% of GDP for Ireland.

Inflation comparison by year

Inflation
Angola

Ireland
1x
Year Consumer prices inflation
Angola Ireland
2025 20.2% 2.21%
2024 28.2% 2.11%
2023 13.6% 6.3%
2022 21.4% 7.83%
2021 25.8% 2.34%
2020 22.3% -0.33%
2019 17.1% 0.94%
2018 19.6% 0.47%
2017 29.8% 0.36%
2016 30.7% 0.02%
2015 9.2% -0.33%
2014 7.3% 0.19%
2013 8.8% 0.52%
2012 10.3% 1.69%
2011 13.5% 2.55%
2010 14.5% -0.92%
2009 13.7% -4.45%
2008 12.5% 4.04%
2007 12.2% 4.89%
2006 13.3% 3.94%
2005 23% 2.46%
2004 43.5% 2.18%
2003 98.2% 3.49%
2002 108.9% 4.63%
2001 152.6% 4.85%
2000 325% 5.58%
1999 248.2% 1.63%
1998 107.4% 2.41%
1997 221.5% 1.54%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 2.18% in Ireland. In 2025, inflation was 20.2% in Angola and 2.21% in Ireland.

Top exports between countries

Angola
Export category Export value
Processed food, beverages & tobacco $3.75M
Machinery & equipment $9K
Textiles & consumer goods $1K
Wood & paper products $1K
Ireland
Export category Export value
Processed food, beverages & tobacco $21.8M
Animal & marine products $3.42M
Chemicals & pharma $3.06M
Machinery & equipment $2.39M
Textiles & consumer goods $292K
Metals $46K
Raw materials & minerals $23K
Wood & paper products $8K
Miscellaneous $6K
Raw agricultural goods $6K

Balance of trade

Angola Ireland
Current account balance
$536M
2025
$106B
2024
Current account balance ranking
57/190
2025
7/190
2024
Current account balance, % of GDP
+0.44%
2025
+17.4%
2024
Goods imports
$15.5B
2025
$165B
2024
Goods exports
$30.6B
2025
$356B
2024
Service imports
$8.51B
2025
$467B
2024
Service exports
$118M
2025
$526B
2024
Imports of goods and services, % of GDP
11.7%
2025
99.9%
2025
Exports of goods and services, % of GDP
23%
2025
140.1%
2025

Economic freedom indices

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

Angola Ireland
Economic freedom 54.4 83.3
Economic freedom ranking 133/197 3/197
Property rights 36.9 94.4
Government integrity 28.3 84
Judicial effectiveness 26.3 95.4
Tax burden 86.9 77.7
Government spending 89.3 85.9
Fiscal health 91.9 97
Business freedom 42.8 85.5
Labor freedom 50.8 61.3
Monetary freedom 59 79.3
Trade freedom 70.4 79.4
Investment freedom 30 90
Financial freedom 40 70

Economic freedom comparison by year

Angola
Ireland
1x
Year Economic freedom index
Angola Ireland
2026 54.4 83.3
2025 55 83.1
2024 54.3 82.6
2023 53 82
2022 52.6 82
2021 54.2 81.4
2020 52.2 80.9
2019 50.6 80.5
2018 48.6 80.4
2017 48.5 76.7
2016 48.9 77.3
2015 47.9 76.6
2014 47.7 76.2
2013 47.3 75.7
2012 46.7 76.9
2011 46.2 78.7
2010 48.4 81.3
2009 47 82.2
2008 46.9 82.5
2007 44.7 82.6
2006 43.5 82.2
2005 - 80.8
2004 - 80.3
2003 - 80.9
2002 - 80.5
2001 - 81.2
2000 24.3 76.1
1999 23.7 74.6
1998 24.9 73.7
1997 24.2 72.6
1996 24.4 68.5
1995 27.4 68.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 83.3 for Ireland, ranking 3/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Ireland
Services, % of GDP
46.8%
2025
56.7%
2025
Industry, % of GDP
27.1%
2025
37.8%
2025
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
1.06%
2025
GNI, Atlas method
$112B
2025
$479B
2025
GNI per capita, PPP
$9,840
2025
$106,310
2025
Total reserves including gold
$13.5B
2025
$13.7B
2025
Total reserves ranking
75/177
2025
73/177
2025
Net foreign direct investment
-$1.02B
2025
$62.3B
2024
Net inflows of foreign direct investment
-$1.11B
2024
$4.82B
2024
Net outflows of foreign direct investment
$33.1M
2024
$67.1B
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
n/a
Poverty at national poverty lines
36.6%
2020
14%
2021
Gross capital formation, % of GDP
10.6%
2024
22.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/angola/ireland | 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 (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1926–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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.