Angola vs Laos: Economic Indicators Comparison

Angola with a GDP of $105.8B ranked the 63rd largest economy in the world, while Laos ranked 118th with $18B. By GDP 5-years average growth and GDP per capita, Angola and Laos ranked 166th vs 11th and 128th vs 140th, respectively.

Gross Domestic Product & Income

StatAngolaLaos
GDP$105.8B$18B
GDP growth, 1 year-1.7%6.5%
GDP growth, 5-years average0.3%7%
Population29.8M6.9M
GDP per capita$3.4k$2.5k
GDP per capita growth-5.29%4.62%
Purchasing Power Parity conversion factor134.512901.2
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.34
GDP per capita, PPP adjusted$6.8k$7.9k
GNI, Atlas method$103.8B$17.3B
GNI per capita$3.4k$2.5k
GNI, PPP adjusted$190B$50.1B
GNI per capita, PPP adjusted$6.2k$7.1k

Financial system and Human development

StatAngolaLaos
Income Tax Rate17%24%
Corporate Tax Rate30%24%
Inflation, consumer prices19.6%2%
Inflation, GDP deflator34.8%1.9%
Unemployment7.3%0.6%
Economic Freedom Index52.255.5
Personal Freedom Index5.445.8
Human Freedom Index5.026.2
Property Rights Index36.942.5
Judical Effectiveness Index14.337.3
Business Freedom Index57.754.3
Fiscal Health Index71.953.3
Labor Freedom Index61.158.6
Investment Freedom Index3035
Financial Freedom Index4020
Trade Freedom Index66.282
Monetary Freedom Index59.676.8
Government Spending Index85.786.6
Tax Burden Index87.387
Government Integrity Index15.132
Corruption Perceptions Index1929
Life expectancy at birth, years60.467.3
Suicide mortality rate, per 100,000 people4.78.6
Mortality caused by road traffic injury, per 100,000 people23.616.6
Intentional homicides, per 100,000 people4.97
International tourism, number of arrivals218k3.8M

Government debt & reserves

StatAngolaLaos
Central government debt, % of GDP88.1%63%
External debt stocks, % of GNI54%90.2%
External debt stocks$54.6B$15.6B
Short-term debt, % of total reserves15%41.2%
Total debt service, % of exports and primary income21.9%14.6%
Adjusted net savings including particulate emission damage, % of GNI-16.3%-1.2%
Gross savings, % of GDP26.4%17.6%
Gross capital formation, % of GDP24.1%29%
Total reserves including gold$15.4B$980.4M
Foreign direct investment net inflows-$5.7B$1.3B

Exports, imports and economic structure

StatAngolaLaos
Exports of goods and services, % of GDP29%33.2%
Imports of goods and services, % of GDP23.3%41.9%
Current account balance (balance of payments)$7.4B-$1.4B
Revenue excluding grants, % of GDP16.4%N/A
Grants excluding technical cooperation, BoP$138.9M$337.3M
Personal remittances received$1.6M$238.7M
Industry including construction value added, % of GDP42.2%31.5%
Agriculture, forestry and fishing value added, % of GDP10%15.7%
Charges for the use of intellectual property, payments BoP$246.6MN/A
Charges for the use of intellectual property, receipts BoP$8.2MN/A
Expense, % of GDP16.7%N/A
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
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M

Laos vs

CountryGDP
per capita
Population
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
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k