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Economy of Angola vs Israel compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $611B for Israel, ranking 68/197 and 27/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $418B (68.5% of GDP) in Israel.

Angola vs Israel GDP by year

Angola
Israel
1x
Year GDP, current $
Angola Israel
2025 $122,174,889,424 $610,777,842,874
2024 $103,080,538,044 $542,284,494,491
2023 $106,042,349,567 $513,393,395,492
2022 $128,233,959,333 $525,157,951,213
2021 $78,283,923,544 $489,735,019,666
2020 $58,512,033,806 $410,908,899,711
2019 $81,193,813,808 $399,207,771,082
2018 $90,506,061,877 $375,470,422,244
2017 $85,629,598,654 $357,360,816,857
2016 $60,770,049,747 $321,083,954,798
2015 $102,543,067,841 $302,841,190,258
2014 $153,449,860,496 $314,376,760,832
2013 $148,845,200,696 $298,045,324,736
2012 $143,572,907,528 $263,172,104,091
2011 $125,551,634,705 $267,739,352,609
2010 $95,546,919,754 $239,372,857,534
2009 $81,705,175,409 $213,112,649,594
2008 $98,790,432,989 $220,952,472,408
2007 $73,037,821,926 $184,448,882,452
2006 $58,653,659,980 $158,706,516,002
2005 $41,396,636,384 $147,346,035,831
2004 $26,997,977,896 $139,925,423,025
2003 $20,342,128,112 $131,278,887,815
2002 $17,311,512,433 $125,215,963,105
2001 $8,936,079,118 $134,889,159,474
2000 $9,129,594,970 $136,409,902,632
1999 $6,152,923,310 $121,329,240,042
1998 $6,506,221,616 $120,468,659,246
1997 $7,648,380,196 $119,389,303,067
1996 $7,526,421,519 $115,051,957,577
1995 $5,538,749,260 $105,432,315,611
1994 $4,438,321,017 $90,684,108,118
1993 $5,768,720,422 $79,806,598,120
1992 $8,307,810,974 $79,408,652,426
1991 $10,603,784,541 $70,954,941,681
1990 $11,229,515,599 $61,978,459,022
1989 $10,201,780,977 $52,411,116,588
1988 $8,769,836,769 $52,618,458,014
1987 $8,084,412,414 $43,022,977,765
1986 $7,072,536,109 $35,812,041,620
1985 $7,554,065,410 $28,887,898,639
1984 $6,131,475,065 $30,626,695,891
1983 $5,784,341,596 $32,655,591,256
1982 $5,550,483,036 $29,237,231,967
1981 $5,550,483,036 $26,865,420,933
1980 $5,930,503,401 $25,379,585,067
1979 - $22,595,788,591
1978 - $17,690,363,444
1977 - $18,245,847,441
1976 - $15,946,502,888
1975 - $16,131,806,290
1974 - $17,162,009,924
1973 - $11,895,229,181
1972 - $9,216,866,299
1971 - $7,048,191,876
1970 - $7,402,142,195
1969 - $6,293,966,357
1968 - $5,455,059,532
1967 - $4,759,447,914
1966 - $4,700,397,692
1965 - $4,326,412,951
1964 - $4,021,861,430
1963 - $3,533,767,055
1962 - $2,964,323,618
1961 - $3,706,297,903
1960 - $3,068,690,949

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

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

GDP per capita in Angola vs Israel by year

Angola
GDP per capita

GDP per capita, PPP
Israel
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Israel
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $60,337 -
2024 $2,721 $10,119 $54,217 $57,236
2023 $2,886 $9,754 $52,126 $55,171
2022 $3,599 $9,588 $54,947 $53,619
2021 $2,267 $8,862 $52,258 $46,162
2020 $1,749 $7,827 $44,591 $40,955
2019 $2,508 $8,573 $44,092 $41,325
2018 $2,892 $8,278 $42,269 $40,190
2017 $2,832 $8,007 $41,013 $39,471
2016 $2,082 $7,767 $37,571 $38,189
2015 $3,642 $8,067 $36,138 $35,871
2014 $5,650 $9,018 $38,265 $34,816
2013 $5,689 $8,504 $36,981 $34,827
2012 $5,702 $8,246 $33,269 $32,484
2011 $5,184 $7,538 $34,477 $31,314
2010 $4,102 $7,412 $31,399 $29,456
2009 $3,645 $7,228 $28,470 $28,087
2008 $4,578 $7,316 $30,231 $28,084
2007 $3,515 $6,728 $25,689 $28,307
2006 $2,930 $6,018 $22,500 $26,385
2005 $2,146 $5,416 $21,262 $25,701
2004 $1,451 $4,771 $20,550 $26,078
2003 $1,134 $4,322 $19,624 $24,702
2002 $999 $4,241 $19,059 $26,101
2001 $534 $3,802 $20,949 $25,806
2000 $564 $3,690 $21,690 $25,766
1999 $393 $3,619 $19,809 $23,415
1998 $429 $3,609 $20,176 $22,927
1997 $522 $3,525 $20,457 $22,279
1996 $531 $3,342 $20,213 $21,672
1995 $404 $2,990 $19,014 $20,642
1994 $335 $2,633 $16,796 $19,478
1993 $450 $2,628 $15,169 $18,218
1992 $669 $3,486 $15,500 $17,553
1991 $882 $3,740 $14,337 $16,486
1990 $966 $3,705 $13,300 $15,721
1989 $908 - $11,601 -
1988 $807 - $11,846 -
1987 $770 - $9,847 -
1986 $698 - $8,330 -
1985 $772 - $6,824 -
1984 $650 - $7,364 -
1983 $637 - $7,955 -
1982 $634 - $7,253 -
1981 $658 - $6,791 -
1980 $729 - $6,545 -
1979 - - $5,968 -
1978 - - $4,794 -
1977 - - $5,050 -
1976 - - $4,514 -
1975 - - $4,669 -
1974 - - $5,082 -
1973 - - $3,629 -
1972 - - $2,928 -
1971 - - $2,297 -
1970 - - $2,489 -
1969 - - $2,188 -
1968 - - $1,946 -
1967 - - $1,734 -
1966 - - $1,788 -
1965 - - $1,688 -
1964 - - $1,625 -
1963 - - $1,485 -
1962 - - $1,293 -
1961 - - $1,696 -
1960 - - $1,452 -

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

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $60,337 in Israel, ranking 19/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Israel ranks 36th at $57,236.

Economic indicators

Angola Israel
Gross domestic product
$122B
2025
$611B
2025
GDP rank
68/197
2025
27/197
2025
GDP growth
3.13%
2024-2025
2.93%
2024-2025
GDP per capita
$3,129
2025
$60,337
2025
GDP per capita rank
142/197
2025
19/197
2025
GDP per capita, PPP
$10,119
2024
$57,236
2024
GDP per capita PPP rank
133/197
2024
36/197
2024
Government debt
$62.7B
2025
$418B
2025
Debt-to-GDP ratio
51.3%
2025
68.5%
2025
Government debt per person
$1,606
2025
$41,338
2025
Government debt per person rank
127/185
2025
16/185
2025
Average annual personal income after taxes
$2,550
2026
$48,251
2026
Market capitalization of domestic companies n/a
$331B
2024
Number of millionaires n/a
195,000
2026
Number of billionaires n/a
42
2026
Income share by richest 10%
39.6%
2018
27%
2022
Income share by poorest 10%
1.3%
2018
1.8%
2022
Government expenditure, % of GDP
18.9%
2025
43.6%
2025
Consumer prices inflation
20.2%
2024-2025
3.04%
2024-2025
Central bank interest rate
17.5%
2026
3.75%
2026
Unemployment rate
10.4%
2025
3%
2025
Population
40839390
10334048

Spending and national debt comparison by year

Angola
Spending

Debt
Israel
Spending

Debt
1x
Year % of GDP
Angola Israel
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 43.6% 68.5%
2024 19% 57.1% 43.7% 67.7%
2023 23.3% 75.7% 39.6% 61.3%
2022 24.8% 57.4% 36.9% 60.3%
2021 22.8% 75.5% 40.1% 67.7%
2020 24.4% 119.8% 44.8% 71.1%
2019 20.9% 100.8% 38.7% 59.3%
2018 17.8% 81.6% 39.2% 60.1%
2017 20.7% 59.6% 38.4% 59.8%
2016 19.1% 65.7% 37.9% 61.7%
2015 23.9% 50.4% 37.6% 62.8%
2014 32.3% 35.3% 38.3% 65.8%
2013 32.9% 29.5% 39.7% 66%
2012 33.2% 23.8% 39.6% 66.9%
2011 33.3% 26.3% 39.3% 67.2%
2010 34.6% 32.6% 39.7% 69%
2009 38.7% 48.4% 41.4% 72.6%
2008 47.2% 28.1% 41.2% 70.2%
2007 34.1% 18.8% 40.2% 70.8%
2006 27.3% 16.7% 41.6% 77.7%
2005 23.7% 29.9% 42.3% 85.2%
2004 26% 41.6% 43% 88.3%
2003 30.1% 50.8% 45.4% 89.7%
2002 27.6% 65.1% 50% 87.2%
2001 30.3% 100.2% 46.1% 81.1%
2000 35.8% 118.2% 43.4% 77.2%
1999 45.7% 104.8% 53.6% 94.8%
1998 30.3% 96.3% 55% 101%
1997 31.1% 73.5% 52.6% 99.3%
1996 29.3% 92% 53.2% 100.3%
1995 - - 52.8% 102.3%
1994 - - 41.7% 110.2%
1993 - - 42.2% 118.3%
1992 - - 44.1% 119.6%
1991 - - 34.4% 123.7%
1990 - - 46.8% 138.3%
1989 - - 47.5% 147.4%
1988 - - 46.5% 145.4%
1987 - - 52.8% 143.2%
1986 - - 55.7% 162.5%
1985 - - 65.2% 199%
1984 - - - 284%
1983 - - - 260.5%
1982 - - 69.7% -
1981 - - 71.8% -
1980 - - 69.4% 154.3%
1979 - - 70.1% 155.5%
1978 - - 62.2% 133.6%
1977 - - 69.1% 142%
1976 - - 66.3% 97.4%
1975 - - 62% 85.1%
1974 - - - 79.8%
1973 - - - 62.1%
1972 - - - 63.9%
1971 - - - -
1970 - - 41.6% -
1969 - - 41.1% -
1968 - - 39.4% -
1967 - - 33.9% -
1966 - - 29.6% -
1965 - - 27.8% -
1964 - - 28.2% -
1963 - - 26.9% -
1962 - - 27.7% -
1961 - - 30.3% -
1960 - - 30.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while Israel spent $266B, or 43.6% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 68.5% in Israel, ranking 103/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Israel
1x
Year Deficit/surplus, % of GDP
Angola Israel
2025 -4.07% -5.22%
2024 -1.19% -8.07%
2023 -2.49% -5.38%
2022 1.78% 0.3%
2021 1.35% -3.37%
2020 -3.05% -10.6%
2019 -0.2% -3.79%
2018 2% -3.58%
2017 -5.68% -1.17%
2016 -3.93% -1.78%
2015 -2.58% -1.2%
2014 -5.08% -2.28%
2013 -0.28% -4.07%
2012 3.67% -4.46%
2011 7.17% -3.43%
2010 2.96% -3.72%
2009 -6.83% -6.53%
2008 -3.82% -3.49%
2007 3.81% -0.43%
2006 8.42% -0.94%
2005 6.4% -2.74%
2004 1.03% -3.4%
2003 -4.1% -5.03%
2002 -2.24% -8.21%
2001 2.8% -4.06%
2000 2.02% -0.8%
1999 -9.4% -6.26%
1998 -5.92% -7.99%
1997 -0.27% -4.84%
1996 5.22% -5.97%
1995 - -4.28%
1994 - -5.62%
1993 - -5.62%
1992 - -8%
1991 - -7.04%
1990 - -9.67%
1989 - -9.03%
1988 - -7.57%
1987 - -7.47%
1986 - -7.51%
1985 - -14.2%
1984 - -
1983 - -
1982 - -13.8%
1981 - -23.5%
1980 - -19.6%
1979 - -16.7%
1978 - -14.7%
1977 - -20.3%
1976 - -19.4%
1975 - -19.6%
1974 - -
1973 - -
1972 - -
1971 - -
1970 - -16%
1969 - -15.3%
1968 - -11.7%
1967 - -7.68%
1966 - -4.35%
1965 - -2.72%
1964 - -3.65%
1963 - -4.41%
1962 - -4.09%
1961 - -5.86%
1960 - -6.62%
1959 - -7.23%
1958 - -8.31%
1957 - -7.17%
1956 - -9.3%
1955 - -4.3%
1954 - -7.84%
1953 - -8.32%
1952 - -7.19%
1951 - -8.13%
1950 - -10.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, retrieved 2026-07-08).

GeoRank.org/economy/angola/israel | 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 Israel's deficit of $31.9B, or 5.22% of GDP.

Over the past 30 years, Angola recorded a fiscal deficit in 17 of those years, while Israel ran a deficit in 29 years. On average, Angola posted an annual deficit equal to 0.42% of GDP, compared to deficit of 4.08% of GDP for Israel.

Inflation comparison by year

Inflation
Angola

Israel
1x
Year Consumer prices inflation
Angola Israel
2025 20.2% 3.04%
2024 28.2% 3.07%
2023 13.6% 4.23%
2022 21.4% 4.41%
2021 25.8% 1.48%
2020 22.3% -0.58%
2019 17.1% 0.82%
2018 19.6% 0.81%
2017 29.8% 0.25%
2016 30.7% -0.54%
2015 9.2% -0.62%
2014 7.3% 0.47%
2013 8.8% 1.59%
2012 10.3% 1.68%
2011 13.5% 3.49%
2010 14.5% 2.7%
2009 13.7% 3.37%
2008 12.5% 4.53%
2007 12.2% 0.47%
2006 13.3% 2.05%
2005 23% 1.34%
2004 43.5% -0.42%
2003 98.2% 0.71%
2002 108.9% 5.8%
2001 152.6% 1.12%
2000 325% 1.03%
1999 248.2% 5.19%
1998 107.4% 5.49%
1997 221.5% 8.95%

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/israel | CC BY

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 2.27% in Israel. In 2025, inflation was 20.2% in Angola and 3.04% in Israel.

Top exports between countries

Angola
Export category Export value
Raw materials & minerals $78.2M
Precious metals & jewellery $12.5M
Machinery & equipment $23K
Textiles & consumer goods $3K
Wood & paper products $3K
Israel
Export category Export value
Machinery & equipment $7.28M
Textiles & consumer goods $1.45M
Chemicals & pharma $438K
Metals $213K
Raw materials & minerals $75K
Processed food, beverages & tobacco $63K
Raw agricultural goods $55K
Animal & marine products $52K
Precious metals & jewellery $34K
Miscellaneous $20K

Balance of trade

Angola Israel
Current account balance
$536M
2025
$8.53B
2025
Current account balance ranking
57/190
2025
26/190
2025
Current account balance, % of GDP
+0.44%
2025
+1.4%
2025
Goods imports
$15.5B
2025
$102B
2025
Goods exports
$30.6B
2025
$76.2B
2025
Service imports
$8.51B
2025
$53.2B
2025
Service exports
$118M
2025
$92.4B
2025
Imports of goods and services, % of GDP
11.7%
2025
25.4%
2025
Exports of goods and services, % of GDP
23%
2025
27.6%
2025

Economic freedom indices

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

Angola Israel
Economic freedom 54.4 68.4
Economic freedom ranking 133/197 47/197
Property rights 36.9 73.1
Government integrity 28.3 66.2
Judicial effectiveness 26.3 68.1
Tax burden 86.9 60.2
Government spending 89.3 52
Fiscal health 91.9 60.8
Business freedom 42.8 72.4
Labor freedom 50.8 56.8
Monetary freedom 59 78.2
Trade freedom 70.4 82.8
Investment freedom 30 70
Financial freedom 40 80

Economic freedom comparison by year

Angola
Israel
1x
Year Economic freedom index
Angola Israel
2026 54.4 68.4
2025 55 69.9
2024 54.3 70.1
2023 53 68.9
2022 52.6 68
2021 54.2 73.8
2020 52.2 74
2019 50.6 72.8
2018 48.6 72.2
2017 48.5 69.7
2016 48.9 70.7
2015 47.9 70.5
2014 47.7 68.4
2013 47.3 66.9
2012 46.7 67.8
2011 46.2 68.5
2010 48.4 67.7
2009 47 67.6
2008 46.9 66.3
2007 44.7 64.8
2006 43.5 64.4
2005 - 62.6
2004 - 61.4
2003 - 62.7
2002 - 66.9
2001 - 66.1
2000 24.3 65.5
1999 23.7 68.3
1998 24.9 68
1997 24.2 62.7
1996 24.4 62
1995 27.4 61.5

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 68.4 for Israel, ranking 47/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Israel
Services, % of GDP
46.8%
2025
72.8%
2024
Industry, % of GDP
27.1%
2025
17.2%
2024
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
1.29%
2024
GNI, Atlas method
$112B
2025
$569B
2025
GNI per capita, PPP
$9,840
2025
$58,870
2025
Total reserves including gold
$13.5B
2025
$229B
2025
Total reserves ranking
75/177
2025
18/177
2025
Net foreign direct investment
-$1.02B
2025
-$11.8B
2025
Net inflows of foreign direct investment
-$1.11B
2024
$14.8B
2024
Net outflows of foreign direct investment
$33.1M
2024
$9.92B
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
n/a
Poverty at national poverty lines
36.6%
2020
22%
2020
Gross capital formation, % of GDP
10.6%
2024
24.3%
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/israel | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1999, 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 (2022–2024, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)
  8. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  9. LivingCost (2026, 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.