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Economy of Angola vs Maldives compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $7.06B for Maldives, ranking 71/197 and 159/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $9.41B (133.3% of GDP) in Maldives.

Angola vs Maldives GDP by year

Angola
Maldives
1x
Year GDP, current $
Angola Maldives
2024 $100,998,916,781 $7,061,608,267
2023 $107,167,747,140 $6,621,008,704
2022 $131,212,208,930 $6,177,123,352
2021 $79,559,543,805 $5,252,457,370
2020 $58,852,456,454 $3,712,604,583
2019 $80,734,428,593 $5,726,094,799
2018 $89,512,794,227 $5,404,344,163
2017 $84,376,935,689 $4,816,426,257
2016 $59,878,249,719 $4,409,942,624
2015 $102,543,067,841 $4,129,505,319
2014 $153,449,860,496 $3,697,353,039
2013 $148,845,200,697 $3,295,009,238
2012 $143,572,907,528 $2,886,163,997
2011 $125,551,634,704 $2,774,350,240
2010 $95,546,919,755 $2,588,176,055
2009 $81,705,175,408 $2,345,294,875
2008 $98,790,432,989 $2,271,646,188
2007 $73,037,821,927 $1,868,383,461
2006 $58,653,659,980 $1,575,200,391
2005 $41,396,636,383 $1,163,362,438
2004 $26,997,977,897 $1,226,829,563
2003 $20,342,128,112 $1,052,121,055
2002 $17,311,512,432 $897,031,250
2001 $8,936,079,118 $870,031,677
2000 $9,129,594,970 $624,337,145
1999 $6,152,923,310 $589,239,754
1998 $6,506,221,616 $540,096,398
1997 $7,648,380,196 $508,223,602
1996 $7,526,421,519 $450,382,328
1995 $5,538,749,260 $398,988,955
1994 $4,438,321,017 $356,014,932
1993 $5,768,720,422 $322,417,837
1992 $8,307,810,974 $284,875,809
1991 $10,603,784,541 $244,396,762
1990 $11,229,515,599 $215,043,970
1989 $10,201,780,977 $189,514,434
1988 $8,769,836,769 $168,514,513
1987 $8,084,412,414 $141,223,029
1986 $7,072,536,109 $141,882,254
1985 $7,554,065,410 $127,190,758
1984 $6,131,475,065 $109,503,546
1983 $5,784,341,596 $57,829,787
1982 $5,550,483,036 $47,911,340
1981 $5,550,483,036 $44,781,457
1980 $5,930,503,401 $42,463,576
1979 - $38,523,364
1978 - $24,369,109
1977 - $20,853,789
1976 - $22,399,467
1975 - $24,540,878
1974 - $39,120,171
1973 - $30,862,042
1972 - $25,177,138
1971 - $21,566,404
1970 - $19,328,038

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Angola vs Maldives by year

Angola
GDP per capita

GDP per capita, PPP
Maldives
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Maldives
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $13,379 $26,183
2023 $2,916 $9,754 $12,588 $24,786
2022 $3,682 $9,588 $11,786 $22,881
2021 $2,304 $8,862 $10,176 $19,053
2020 $1,759 $7,827 $7,394 $13,425
2019 $2,494 $8,573 $11,740 $23,077
2018 $2,860 $8,278 $11,423 $21,899
2017 $2,791 $8,007 $10,510 $19,768
2016 $2,052 $7,767 $9,948 $18,770
2015 $3,642 $8,067 $9,645 $17,875
2014 $5,650 $9,018 $8,939 $16,723
2013 $5,689 $8,504 $8,236 $15,264
2012 $5,702 $8,246 $7,461 $13,989
2011 $5,184 $7,538 $7,425 $13,726
2010 $4,102 $7,412 $7,174 $12,797
2009 $3,645 $7,228 $6,734 $12,266
2008 $4,578 $7,316 $6,757 $13,779
2007 $3,515 $6,728 $5,758 $12,852
2006 $2,930 $6,018 $5,019 $12,075
2005 $2,146 $5,416 $3,797 $9,704
2004 $1,451 $4,771 $4,070 $10,770
2003 $1,134 $4,322 $3,549 $10,065
2002 $999 $4,241 $3,076 $8,823
2001 $534 $3,802 $3,034 $8,236
2000 $564 $3,690 $2,214 $8,526
1999 $393 $3,619 $2,124 $8,162
1998 $429 $3,609 $1,980 $7,710
1997 $522 $3,525 $1,898 $7,226
1996 $531 $3,342 $1,717 $6,687
1995 $404 $2,990 $1,555 $6,223
1994 $335 $2,633 $1,419 $5,520
1993 $450 $2,628 $1,317 $5,138
1992 $669 $3,486 $1,194 $4,881
1991 $882 $3,740 $1,054 $4,604
1990 $966 $3,705 $957 $4,528
1989 $908 - $870 -
1988 $807 - $799 -
1987 $770 - $692 -
1986 $698 - $720 -
1985 $772 - $669 -
1984 $650 - $594 -
1983 $637 - $323 -
1982 $634 - $274.8 -
1981 $658 - $264.1 -
1980 $729 - $257.6 -
1979 - - $240.2 -
1978 - - $156.1 -
1977 - - $137.3 -
1976 - - $151.8 -
1975 - - $171.4 -
1974 - - $281.5 -
1973 - - $228.7 -
1972 - - $192.2 -
1971 - - $169.8 -
1970 - - $156.9 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Angola's GDP per capita is $2,666, ranking 144/197, compared to $13,379 in Maldives, ranking 75/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Maldives ranks 81st at $26,183.

Economic indicators

Angola Maldives
Gross domestic product
$101B
2024
$7.06B
2024
GDP rank
71/197
2024
159/197
2024
GDP growth
4.42%
2023-2024
3.49%
2023-2024
GDP per capita
$2,666
2024
$13,379
2024
GDP per capita rank
144/197
2024
75/197
2024
GDP per capita, PPP
$10,119
2024
$26,183
2024
GDP per capita PPP rank
133/197
2024
81/197
2024
Government debt
$60.5B
2024
$9.41B
2024
Debt-to-GDP ratio
59.9%
2024
133.3%
2024
Government debt per person
$1,597
2024
$17,837
2024
Government debt per person rank
127/185
2024
35/185
2024
Average annual personal income after taxes
$28,080
2026
$9,909
2026
Income share by richest 10%
39.6%
2018
23.3%
2019
Income share by poorest 10%
1.3%
2018
3.8%
2019
Government expenditure, % of GDP
18.4%
2024
46.1%
2024
Consumer prices inflation
28.2%
2023-2024
1.4%
2023-2024
Central bank interest rate
18%
2023
n/a
Unemployment rate
14.1%
2022
4.56%
2019
Population
40555924
532057

Spending and national debt comparison by year

Angola
Spending

Debt
Maldives
Spending

Debt
1x
Year % of GDP
Angola Maldives
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 46.1% 133.3%
2023 18.8% 72.4% 46.7% 122.4%
2022 19.5% 56.1% 42% 111.6%
2021 17.3% 74.3% 40.6% 123.4%
2020 20% 119.1% 50.4% 155.7%
2019 18.2% 101.4% 32.9% 77.2%
2018 18.3% 82.5% 31.9% 70.7%
2017 21% 60.5% 30.4% 63.8%
2016 19.4% 66.7% 37.3% 61.9%
2015 23.9% 50.4% 33.8% 54.8%
2014 32.3% 35.3% 29.1% 55.1%
2013 32.9% 29.5% 27% 55.9%
2012 33.2% 23.8% 29.8% 57.1%
2011 33.3% 26.3% 31.3% 51.9%
2010 34.6% 32.6% 33.2% 52.7%
2009 38.7% 48.4% 37% 48.4%
2008 47.2% 28.1% 35.6% 39%
2007 34.1% 18.8% 34.8% 35.8%
2006 27.3% 16.7% 35% 36.8%
2005 23.7% 29.9% 38.8% 43.2%
2004 26% 41.6% 24.1% 34.7%
2003 30.1% 50.8% 26.4% 37.6%
2002 27.6% 65.1% 29.6% 44.3%
2001 30.3% 100.2% 29.6% 41.8%
2000 35.8% 118.2% 29% 39%
1999 39.4% 104.8% 28% 38.9%
1998 26.1% 96.3% 25.9% 39.3%
1997 26.8% 73.5% 25.2% 38.1%
1996 25.2% 92% 27.3% 46.9%
1995 - - 31.3% 52.2%
1994 - - 30.7% 54.6%
1993 - - 34.7% 55.7%
1992 - - 36.1% 49%
1991 - - 37.7% 46.7%
1990 - - 33.3% 42.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20).

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

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while Maldives spent $3.25B, or 46.1% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 133.3% in Maldives, ranking 78/185 and 10/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Maldives
1x
Year Deficit/surplus, % of GDP
Angola Maldives
2024 -1.01% -13.9%
2023 -1.83% -13.2%
2022 0.58% -11.2%
2021 3.4% -14.2%
2020 -1.66% -23.7%
2019 0.69% -6.54%
2018 2.03% -5.17%
2017 -5.75% -3.02%
2016 -3.98% -9.93%
2015 -2.57% -6.52%
2014 -5.07% -2.42%
2013 -0.27% -3.49%
2012 3.68% -6.91%
2011 7.2% -8.13%
2010 2.98% -13.6%
2009 -6.8% -17.9%
2008 -3.8% -9.92%
2007 3.85% -3.16%
2006 8.42% -4.52%
2005 6.4% -7.81%
2004 1.03% -2.26%
2003 -4.1% -3.45%
2002 -2.24% -3.97%
2001 2.8% -3.97%
2000 2.02% -3.89%
1999 -8.1% -3.03%
1998 -5.1% -2.25%
1997 -0.23% -1.46%
1996 4.49% -2.01%
1995 - -5.66%
1994 - -4.82%
1993 - -13.9%
1992 - -12.6%
1991 - -10.2%
1990 - -12.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/angola/maldives | 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 Maldives' deficit of $982M, or 13.9% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while Maldives ran a deficit in 29 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to deficit of 7.29% of GDP for Maldives.

Inflation comparison by year

Inflation
Angola

Maldives
1x
Year Consumer prices inflation
Angola Maldives
2024 28.2% 1.4%
2023 13.6% 2.6%
2022 21.4% 2.6%
2021 25.8% 0.2%
2020 22.3% -1.6%
2019 17.1% 1.3%
2018 19.6% 1.4%
2017 29.8% 2.3%
2016 30.7% 0.8%
2015 9.2% 1.4%
2014 7.3% 2.4%
2013 8.8% 4%
2012 10.3% 10.9%
2011 13.5% 11.3%
2010 14.5% 6.1%
2009 13.7% 4.5%
2008 12.5% 12%
2007 12.2% 6.8%
2006 13.3% 3.5%
2005 23% 2.5%
2004 43.5% 6.3%
2003 98.2% -2.8%
2002 108.9% 0.9%
2001 152.6% 0.7%
2000 325% -1.2%
1999 248.2% 3%
1998 107.4% -1.4%
1997 221.5% 7.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 3.2% in Maldives. In 2024, inflation was 28.2% in Angola and 1.4% in Maldives.

Top exports between countries

Angola
Export category Export value
Raw agricultural goods $3K
Processed food, beverages & tobacco $1K
Maldives
Export category Export value

Balance of trade

Angola Maldives
Current account balance
$6.31B
2024
-$1.32B
2024
Current account balance ranking
30/190
2024
130/190
2024
Current account balance, % of GDP
+6.25%
2024
-18.7%
2024
Goods imports
$14.2B
2024
$3.46B
2024
Goods exports
$36.8B
2024
$383M
2024
Service imports
$8.49B
2024
$1.89B
2024
Service exports
$129M
2024
$5.03B
2024
Imports of goods and services, % of GDP
19.4%
2024
78.3%
2024
Exports of goods and services, % of GDP
31.5%
2024
78.2%
2024

Economic freedom indices

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

Angola Maldives
Economic freedom 54.4 47.6
Economic freedom ranking 133/197 174/197
Property rights 36.9 52.2
Government integrity 28.3 41.9
Judicial effectiveness 26.3 39.3
Tax burden 86.9 89.9
Government spending 89.3 39.5
Fiscal health 91.9 0
Business freedom 42.8 49.7
Labor freedom 50.8 54.1
Monetary freedom 59 76.4
Trade freedom 70.4 62.8
Investment freedom 30 35
Financial freedom 40 30

Economic freedom comparison by year

Angola
Maldives
1x
Year Economic freedom index
Angola Maldives
2026 54.4 47.6
2025 55 48.3
2024 54.3 47.8
2023 53 46.6
2022 52.6 47.3
2021 54.2 55.2
2020 52.2 56.5
2019 50.6 53.2
2018 48.6 51.1
2017 48.5 50.3
2016 48.9 53.9
2015 47.9 53.4
2014 47.7 51
2013 47.3 49
2012 46.7 49.2
2011 46.2 48.3
2010 48.4 49
2009 47 51.3
2008 46.9 -
2007 44.7 -
2006 43.5 -
2005 - -
2004 - -
2003 - -
2002 - -
2001 - -
2000 24.3 -
1999 23.7 -
1998 24.9 -
1997 24.2 -
1996 24.4 -
1995 27.4 -

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 47.6 for Maldives, ranking 174/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Maldives
Services, % of GDP
41.1%
2024
72.1%
2024
Industry, % of GDP
34.6%
2024
9.2%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
3.84%
2024
GNI, Atlas method
$108B
2024
$6.15B
2024
GNI per capita, PPP
$9,460
2024
$23,400
2024
Total reserves including gold
$14.2B
2024
$674M
2024
Total reserves ranking
69/177
2024
150/177
2024
Net foreign direct investment
$1.14B
2024
-$806M
2024
Net inflows of foreign direct investment
-$1.11B
2024
$806M
2024
Net outflows of foreign direct investment
$33.1M
2024
$0
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
7.95%
2024
Poverty at national poverty lines
36.6%
2020
15%
2020
Gross capital formation, % of GDP
10.4%
2024
30.8%
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/maldives | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1999, retrieved 2026-02-20)
  6. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  7. TradeMap (2023, retrieved 2026-02-08)
  8. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  9. LivingCost (2026, retrieved 2025-10-14)

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.