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Economy of Angola vs Moldova compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $20.4B for Moldova, ranking 68/197 and 133/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $7.45B (36.6% of GDP) in Moldova.

Angola vs Moldova GDP by year

Angola
Moldova
1x
Year GDP, current $
Angola Moldova
2025 $122,174,889,424 $20,351,796,275
2024 $103,080,538,044 $18,206,842,141
2023 $106,042,349,567 $16,711,906,746
2022 $128,233,959,333 $14,525,337,524
2021 $78,283,923,544 $13,691,869,264
2020 $58,512,033,806 $11,530,746,234
2019 $81,193,813,808 $11,736,797,055
2018 $90,506,061,877 $11,252,353,421
2017 $85,629,598,654 $9,514,404,016
2016 $60,770,049,747 $7,980,917,076
2015 $102,543,067,841 $7,797,667,197
2014 $153,449,860,496 $9,402,090,138
2013 $148,845,200,696 $9,496,717,876
2012 $143,572,907,528 $8,709,138,635
2011 $125,551,634,705 $8,414,352,020
2010 $95,546,919,754 $6,974,982,370
2009 $81,705,175,409 $5,439,434,272
2008 $98,790,432,989 $6,054,824,248
2007 $73,037,821,926 $4,401,173,152
2006 $58,653,659,980 $3,408,255,451
2005 $41,396,636,384 $2,988,342,907
2004 $26,997,977,896 $2,598,249,556
2003 $20,342,128,112 $1,980,907,435
2002 $17,311,512,433 $1,661,818,168
2001 $8,936,079,118 $1,480,673,594
2000 $9,129,594,970 $1,288,429,392
1999 $6,152,923,310 $1,170,782,957
1998 $6,506,221,616 $1,698,717,505
1997 $7,648,380,196 $1,930,081,169
1996 $7,526,421,519 $1,695,122,174
1995 $5,538,749,260 $1,752,999,370
1994 $4,438,321,017 $1,702,314,268
1993 $5,768,720,422 $2,371,813,324
1992 $8,307,810,974 $2,319,243,436
1991 $10,603,784,541 $3,094,565,871
1990 $11,229,515,599 $3,592,857,043
1989 $10,201,780,977 -
1988 $8,769,836,769 -
1987 $8,084,412,414 -
1986 $7,072,536,109 -
1985 $7,554,065,410 -
1984 $6,131,475,065 -
1983 $5,784,341,596 -
1982 $5,550,483,036 -
1981 $5,550,483,036 -
1980 $5,930,503,401 -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

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

GDP per capita in Angola vs Moldova by year

Angola
GDP per capita

GDP per capita, PPP
Moldova
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Moldova
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $8,622 -
2024 $2,721 $10,119 $7,579 $18,615
2023 $2,886 $9,754 $6,800 $17,747
2022 $3,599 $9,588 $5,744 $16,453
2021 $2,267 $8,862 $5,275 $15,682
2020 $1,749 $7,827 $4,376 $13,527
2019 $2,508 $8,573 $4,405 $13,413
2018 $2,892 $8,278 $4,156 $11,868
2017 $2,832 $8,007 $3,453 $11,252
2016 $2,082 $7,767 $2,847 $10,326
2015 $3,642 $8,067 $2,750 $9,198
2014 $5,650 $9,018 $3,290 $8,643
2013 $5,689 $8,504 $3,321 $8,233
2012 $5,702 $8,246 $3,045 $7,255
2011 $5,184 $7,538 $2,941 $6,833
2010 $4,102 $7,412 $2,437 $6,323
2009 $3,645 $7,228 $1,898 $5,827
2008 $4,578 $7,316 $2,111 $6,153
2007 $3,515 $6,728 $1,531 $5,590
2006 $2,930 $6,018 $1,183 $5,271
2005 $2,146 $5,416 $1,034 $4,866
2004 $1,451 $4,771 $897 $4,378
2003 $1,134 $4,322 $682 $3,960
2002 $999 $4,241 $571 $3,633
2001 $534 $3,802 $507 $3,311
2000 $564 $3,690 $441 $3,045
1999 $393 $3,619 $399 $2,910
1998 $429 $3,609 $579 $2,965
1997 $522 $3,525 $657 $3,136
1996 $531 $3,342 $575 $3,021
1995 $404 $2,990 $594 $3,146
1994 $335 $2,633 $574 $3,111
1993 $450 $2,628 $797 $4,394
1992 $669 $3,486 $778 $4,337
1991 $882 $3,740 $1,038 $5,980
1990 $966 $3,705 $1,207 $6,895
1989 $908 - - -
1988 $807 - - -
1987 $770 - - -
1986 $698 - - -
1985 $772 - - -
1984 $650 - - -
1983 $637 - - -
1982 $634 - - -
1981 $658 - - -
1980 $729 - - -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $8,622 in Moldova, ranking 93/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Moldova ranks 100th at $18,615.

Economic indicators

Angola Moldova
Gross domestic product
$122B
2025
$20.4B
2025
GDP rank
68/197
2025
133/197
2025
GDP growth
3.13%
2024-2025
2.42%
2024-2025
GDP per capita
$3,129
2025
$8,622
2025
GDP per capita rank
142/197
2025
93/197
2025
GDP per capita, PPP
$10,119
2024
$18,615
2024
GDP per capita PPP rank
133/197
2024
100/197
2024
Government debt
$62.7B
2025
$7.45B
2025
Debt-to-GDP ratio
51.3%
2025
36.6%
2025
Government debt per person
$1,606
2025
$3,158
2025
Government debt per person rank
127/185
2025
103/185
2025
Average annual personal income after taxes
$2,550
2026
$4,301
2026
Income share by richest 10%
39.6%
2018
22.8%
2023
Income share by poorest 10%
1.3%
2018
4.3%
2023
Government expenditure, % of GDP
18.9%
2025
39.4%
2025
Consumer prices inflation
20.2%
2024-2025
7.76%
2024-2025
Central bank interest rate
17.5%
2026
6.5%
2026
Unemployment rate
10.4%
2025
1.28%
2025
Population
40839390
2328600

Spending and national debt comparison by year

Angola
Spending

Debt
Moldova
Spending

Debt
1x
Year % of GDP
Angola Moldova
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 39.4% 36.6%
2024 19% 57.1% 38% 38.8%
2023 23.3% 75.7% 38.8% 34.9%
2022 24.8% 57.4% 36.6% 35%
2021 22.8% 75.5% 34.6% 33.6%
2020 24.4% 119.8% 36.7% 36.6%
2019 20.9% 100.8% 32% 28.8%
2018 17.8% 81.6% 31.5% 31.8%
2017 20.7% 59.6% 31% 34.9%
2016 19.1% 65.7% 30.5% 39.7%
2015 23.9% 50.4% 31.7% 42.1%
2014 32.3% 35.3% 33.8% 35.4%
2013 32.9% 29.5% 32.4% 30%
2012 33.2% 23.8% 33.7% 31.3%
2011 33.3% 26.3% 32.6% 24.2%
2010 34.6% 32.6% 34.1% 25.5%
2009 38.7% 48.4% 45.3% 32.6%
2008 47.2% 28.1% 41.5% 22.2%
2007 34.1% 18.8% 42.7% 28.3%
2006 27.3% 16.7% 40.3% 35%
2005 23.7% 29.9% 37.1% 40.4%
2004 26% 41.6% 34.8% 49.3%
2003 30.1% 50.8% 33.5% 68.1%
2002 27.6% 65.1% 30.7% 80.3%
2001 30.3% 100.2% 29.5% 85.4%
2000 35.8% 118.2% 34% 89.1%
1999 45.7% 104.8% 33% 150.7%
1998 30.3% 96.3% 39.1% 159.4%
1997 31.1% 73.5% 46% 89%
1996 29.3% 92% 43.3% 87.5%
1995 - - 42% 79.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-07-08).

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

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while Moldova spent $8.02B, or 39.4% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 36.6% in Moldova, ranking 103/185 and 140/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Moldova
1x
Year Deficit/surplus, % of GDP
Angola Moldova
2025 -4.07% -3.87%
2024 -1.19% -4.02%
2023 -2.49% -5.13%
2022 1.78% -3.24%
2021 1.35% -2.62%
2020 -3.05% -5.32%
2019 -0.2% -1.47%
2018 2% -0.85%
2017 -5.68% -0.65%
2016 -3.93% -1.56%
2015 -2.58% -1.93%
2014 -5.08% -1.6%
2013 -0.28% -1.57%
2012 3.67% -1.93%
2011 7.17% -2.05%
2010 2.96% -2.18%
2009 -6.83% -6.38%
2008 -3.82% -0.87%
2007 3.81% 0.15%
2006 8.42% -0.42%
2005 6.4% 1.44%
2004 1.03% 0.59%
2003 -4.1% 0.47%
2002 -2.24% -1.18%
2001 2.8% -0.34%
2000 2.02% -3.55%
1999 -9.4% -2.64%
1998 -5.92% -1.52%
1997 -0.27% -7.47%
1996 5.22% -7.42%
1995 - -2.58%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

GeoRank.org/economy/angola/moldova | 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 Moldova's deficit of $788M, or 3.87% of GDP.

Over the past 30 years, Angola recorded a fiscal deficit in 17 of those years, while Moldova ran a deficit in 26 years. On average, Angola posted an annual deficit equal to 0.42% of GDP, compared to deficit of 2.3% of GDP for Moldova.

Inflation comparison by year

Inflation
Angola

Moldova
1x
Year Consumer prices inflation
Angola Moldova
2025 20.2% 7.76%
2024 28.2% 4.68%
2023 13.6% 13.4%
2022 21.4% 28.7%
2021 25.8% 5.11%
2020 22.3% 3.77%
2019 17.1% 4.84%
2018 19.6% 3.05%
2017 29.8% 6.57%
2016 30.7% 6.36%
2015 9.2% 9.68%
2014 7.3% 5.09%
2013 8.8% 4.6%
2012 10.3% 4.55%
2011 13.5% 7.69%
2010 14.5% 7.48%
2009 13.7% -0.06%
2008 12.5% 12.8%
2007 12.2% 12.4%
2006 13.3% 12.8%
2005 23% 12%
2004 43.5% 12.5%
2003 98.2% 11.7%
2002 108.9% 5.3%
2001 152.6% 9.76%
2000 325% 31.3%
1999 248.2% 39.3%
1998 107.4% 7.7%
1997 221.5% 11.8%

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/moldova | CC BY

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 10.4% in Moldova. In 2025, inflation was 20.2% in Angola and 7.76% in Moldova.

Top exports between countries

Angola
Export category Export value
Machinery & equipment $125K
Moldova
Export category Export value
Processed food, beverages & tobacco $26K
Raw agricultural goods $9K
Machinery & equipment $7K

Balance of trade

Angola Moldova
Current account balance
$536M
2025
-$4B
2025
Current account balance ranking
57/190
2025
158/190
2025
Current account balance, % of GDP
+0.44%
2025
-19.6%
2025
Goods imports
$15.5B
2025
$10.1B
2025
Goods exports
$30.6B
2025
$3.23B
2025
Service imports
$8.51B
2025
$2.17B
2025
Service exports
$118M
2025
$3.22B
2025
Imports of goods and services, % of GDP
11.7%
2025
60.9%
2025
Exports of goods and services, % of GDP
23%
2025
31.8%
2025

Economic freedom indices

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

Angola Moldova
Economic freedom 54.4 58.1
Economic freedom ranking 133/197 112/197
Property rights 36.9 40.4
Government integrity 28.3 45.1
Judicial effectiveness 26.3 32.4
Tax burden 86.9 87.9
Government spending 89.3 57.2
Fiscal health 91.9 70.3
Business freedom 42.8 68.3
Labor freedom 50.8 48.1
Monetary freedom 59 66
Trade freedom 70.4 76.8
Investment freedom 30 55
Financial freedom 40 50

Economic freedom comparison by year

Angola
Moldova
1x
Year Economic freedom index
Angola Moldova
2026 54.4 58.1
2025 55 58.3
2024 54.3 57.1
2023 53 58.5
2022 52.6 61.3
2021 54.2 62.5
2020 52.2 62
2019 50.6 59.1
2018 48.6 58.4
2017 48.5 58
2016 48.9 57.4
2015 47.9 57.5
2014 47.7 57.3
2013 47.3 55.5
2012 46.7 54.4
2011 46.2 55.7
2010 48.4 53.7
2009 47 54.9
2008 46.9 57.9
2007 44.7 58.7
2006 43.5 58
2005 - 57.4
2004 - 57.1
2003 - 60
2002 - 57.4
2001 - 54.9
2000 24.3 59.6
1999 23.7 56.1
1998 24.9 53.5
1997 24.2 48.9
1996 24.4 52.5
1995 27.4 33

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 58.1 for Moldova, ranking 112/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Moldova
Services, % of GDP
46.8%
2025
61.5%
2025
Industry, % of GDP
27.1%
2025
16.9%
2025
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
7.38%
2025
GNI, Atlas method
$112B
2025
$19B
2025
GNI per capita, PPP
$9,840
2025
$19,990
2025
Total reserves including gold
$13.5B
2025
$6.01B
2025
Total reserves ranking
75/177
2025
97/177
2025
Net foreign direct investment
-$1.02B
2025
-$360M
2025
Net inflows of foreign direct investment
-$1.11B
2024
$458M
2024
Net outflows of foreign direct investment
$33.1M
2024
$98.4M
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
6.22%
2024
Poverty at national poverty lines
36.6%
2020
31.6%
2023
Gross capital formation, % of GDP
10.6%
2024
24.2%
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/moldova | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-07-08)
  6. TradeMap (2021–2024, 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.