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Economy of Angola vs Myanmar compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $81.7B for Myanmar, ranking 68/197 and 85/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $42.4B (51.9% of GDP) in Myanmar.

Angola vs Myanmar GDP by year

Angola
Myanmar
1x
Year GDP, current $
Angola Myanmar
2025 $122,174,889,424 $81,665,773,810
2024 $103,080,538,044 $74,068,349,524
2023 $106,042,349,567 $66,757,619,000
2022 $128,233,959,333 $62,253,049,892
2021 $78,283,923,544 $66,345,291,160
2020 $58,512,033,806 $79,006,113,643
2019 $81,193,813,808 $75,065,106,228
2018 $90,506,061,877 $67,860,515,990
2017 $85,629,598,654 $66,053,040,483
2016 $60,770,049,747 $63,298,361,996
2015 $102,543,067,841 $59,607,290,408
2014 $153,449,860,496 $65,531,374,200
2013 $148,845,200,696 $60,269,732,855
2012 $143,572,907,528 $59,937,796,648
2011 $125,551,634,705 $59,977,326,086
2010 $95,546,919,754 $49,540,813,342
2009 $81,705,175,409 $36,906,181,381
2008 $98,790,432,989 $31,862,554,102
2007 $73,037,821,926 $20,182,477,481
2006 $58,653,659,980 $14,502,553,710
2005 $41,396,636,384 $11,986,972,419
2004 $26,997,977,896 $10,567,354,056
2003 $20,342,128,112 $10,467,109,978
2002 $17,311,512,433 $6,777,632,512
2001 $8,936,079,118 $6,477,790,688
2000 $9,129,594,970 $8,905,066,164
1999 $6,152,923,310 $8,486,832,801
1998 $6,506,221,616 $6,459,461,639
1997 $7,648,380,196 $4,722,288,496
1996 $7,526,421,519 $6,123,556,717
1995 $5,538,749,260 $5,289,174,943
1994 $4,438,321,017 $4,432,257,174
1993 $5,768,720,422 $3,163,020,035
1992 $8,307,810,974 $2,411,552,289
1991 $10,603,784,541 $2,069,832,687
1990 $11,229,515,599 $2,115,193,513
1989 $10,201,780,977 $2,013,448,229
1988 $8,769,836,769 $1,541,088,312
1987 $8,084,412,414 $1,562,448,077
1986 $7,072,536,109 $1,582,873,750
1985 $7,554,065,410 $1,478,908,173
1984 $6,131,475,065 $1,304,063,253
1983 $5,784,341,596 $1,381,573,615
1982 $5,550,483,036 $1,481,165,468
1981 $5,550,483,036 $1,111,000,765
1980 $5,930,503,401 $1,038,225,167
1979 - $952,265,043
1978 - $935,408,775
1977 - $873,579,932
1976 - $1,204,699,849
1975 - $1,061,107,354
1974 - $1,225,589,878
1973 - $719,754,655
1972 - $662,213,083
1971 - $587,448,405
1970 - $563,555,631
1969 - $571,854,215
1968 - $559,956,130
1967 - $420,359,036
1966 - $293,103,479
1965 - $367,053,117
1964 - $411,419,906
1963 - $598,998,419
1962 - $634,528,872
1961 - $605,581,577
1960 - $545,098,448

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

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

GDP per capita in Angola vs Myanmar by year

Angola
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $1,489 -
2024 $2,721 $10,119 $1,359 $5,997
2023 $2,886 $9,754 $1,233 $5,953
2022 $3,599 $9,588 $1,158 $5,732
2021 $2,267 $8,862 $1,243 $5,178
2020 $1,749 $7,827 $1,490 $5,741
2019 $2,508 $8,573 $1,426 $6,101
2018 $2,892 $8,278 $1,298 $5,581
2017 $2,832 $8,007 $1,273 $4,706
2016 $2,082 $7,767 $1,229 $4,460
2015 $3,642 $8,067 $1,167 $4,459
2014 $5,650 $9,018 $1,293 $4,376
2013 $5,689 $8,504 $1,199 $4,144
2012 $5,702 $8,246 $1,203 $3,845
2011 $5,184 $7,538 $1,214 $3,579
2010 $4,102 $7,412 $1,011 $3,348
2009 $3,645 $7,228 $758 $3,040
2008 $4,578 $7,316 $658 $2,748
2007 $3,515 $6,728 $419 $2,459
2006 $2,930 $6,018 $303 $2,153
2005 $2,146 $5,416 $252.7 $1,860
2004 $1,451 $4,771 $224.5 $1,601
2003 $1,134 $4,322 $224.3 $1,385
2002 $999 $4,241 $146.6 $1,204
2001 $534 $3,802 $141.5 $1,069
2000 $564 $3,690 $196.6 $949
1999 $393 $3,619 $189.5 $825
1998 $429 $3,609 $146 $742
1997 $522 $3,525 $108 $702
1996 $531 $3,342 $141.9 $661
1995 $404 $2,990 $124.1 $618
1994 $335 $2,633 $105.4 $573
1993 $450 $2,628 $76.2 $529
1992 $669 $3,486 $58.9 $494
1991 $882 $3,740 $51.2 $447
1990 $966 $3,705 $53.1 $441
1989 $908 - $51.3 -
1988 $807 - $39.9 -
1987 $770 - $41.1 -
1986 $698 - $42.4 -
1985 $772 - $40.4 -
1984 $650 - $36.3 -
1983 $637 - $39.3 -
1982 $634 - $43 -
1981 $658 - $32.8 -
1980 $729 - $31.2 -
1979 - - $29.2 -
1978 - - $29.3 -
1977 - - $27.9 -
1976 - - $39.2 -
1975 - - $35.2 -
1974 - - $41.4 -
1973 - - $24.8 -
1972 - - $23.3 -
1971 - - $21.1 -
1970 - - $20.7 -
1969 - - $21.5 -
1968 - - $21.5 -
1967 - - $16.5 -
1966 - - $11.8 -
1965 - - $15.1 -
1964 - - $17.3 -
1963 - - $25.8 -
1962 - - $27.9 -
1961 - - $27.3 -
1960 - - $25.1 -

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

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $1,489 in Myanmar, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Myanmar ranks 153rd at $5,997.

Economic indicators

Angola Myanmar
Gross domestic product
$122B
2025
$81.7B
2025
GDP rank
68/197
2025
85/197
2025
GDP growth
3.13%
2024-2025
-2.01%
2024-2025
GDP per capita
$3,129
2025
$1,489
2025
GDP per capita rank
142/197
2025
166/197
2025
GDP per capita, PPP
$10,119
2024
$5,997
2024
GDP per capita PPP rank
133/197
2024
153/197
2024
Government debt
$62.7B
2025
$42.4B
2025
Debt-to-GDP ratio
51.3%
2025
51.9%
2025
Government debt per person
$1,606
2025
$773
2025
Government debt per person rank
127/185
2025
152/185
2025
Average annual personal income after taxes
$2,550
2026
$2,165
2026
Income share by richest 10%
39.6%
2018
25.5%
2017
Income share by poorest 10%
1.3%
2018
3.8%
2017
Government expenditure, % of GDP
18.9%
2025
25.2%
2025
Consumer prices inflation
20.2%
2024-2025
8.83%
2018-2019
Central bank interest rate
17.5%
2026
n/a
Unemployment rate
10.4%
2025
1.48%
2020
Population
40839390
55361818

Spending and national debt comparison by year

Angola
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Angola Myanmar
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 25.2% 51.9%
2024 19% 57.1% 25.8% 50.6%
2023 23.3% 75.7% 21.4% 53.2%
2022 24.8% 57.4% 21.3% 56%
2021 22.8% 75.5% 20.9% 63.4%
2020 24.4% 119.8% 21.3% 49.1%
2019 20.9% 100.8% 20.5% 37.6%
2018 17.8% 81.6% 18.7% 39.9%
2017 20.7% 59.6% 19.7% 41.9%
2016 19.1% 65.7% 21.3% 35.7%
2015 23.9% 50.4% 23.7% 36.6%
2014 32.3% 35.3% 24.7% 34.5%
2013 32.9% 29.5% 23.9% 44.8%
2012 33.2% 23.8% 20% 48%
2011 33.3% 26.3% 15.6% 49.9%
2010 34.6% 32.6% 15.8% 54.4%
2009 38.7% 48.4% 14.4% 56.4%
2008 47.2% 28.1% 14.4% 59.8%
2007 34.1% 18.8% 15.7% 77.4%
2006 27.3% 16.7% 15.6% 103.1%
2005 23.7% 29.9% 14.6% 119%
2004 26% 41.6% 14.6% 126.6%
2003 30.1% 50.8% 14.3% 146%
2002 27.6% 65.1% 15.3% 190.6%
2001 30.3% 100.2% 19.1% 262%
2000 35.8% 118.2% 21.4% 164.5%
1999 45.7% 104.8% 22.8% 150.7%
1998 30.3% 96.3% 25.2% 208.6%
1997 31.1% 73.5% - -
1996 29.3% 92% - -

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

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

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while Myanmar spent $20.6B, or 25.2% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 51.9% in Myanmar, ranking 103/185 and 101/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Myanmar
1x
Year Deficit/surplus, % of GDP
Angola Myanmar
2025 -4.07% -4.94%
2024 -1.19% -4.11%
2023 -2.49% -2.76%
2022 1.78% -2.75%
2021 1.35% -2.22%
2020 -3.05% -6.5%
2019 -0.2% -4.7%
2018 2% -2.77%
2017 -5.68% -3.42%
2016 -3.93% -2.53%
2015 -2.58% -4.33%
2014 -5.08% -1.06%
2013 -0.28% -1.53%
2012 3.67% -2.7%
2011 7.17% -4.82%
2010 2.96% -5.4%
2009 -6.83% -3.55%
2008 -3.82% -2.73%
2007 3.81% -3.52%
2006 8.42% -3.42%
2005 6.4% -3.49%
2004 1.03% -4.62%
2003 -4.1% -4.24%
2002 -2.24% -4.01%
2001 2.8% -6.34%
2000 2.02% -6.03%
1999 -9.4% -4.46%
1998 -5.92% -4.89%
1997 -0.27% -
1996 5.22% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08).

GeoRank.org/economy/angola/myanmar | 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 Myanmar's deficit of $4.04B, or 4.94% of GDP.

Over the past 28 years, Angola recorded a fiscal deficit in 16 of those years, while Myanmar ran a deficit in 28 years. On average, Angola posted an annual deficit equal to 0.62% of GDP, compared to deficit of 3.85% of GDP for Myanmar.

Inflation comparison by year

Inflation
Angola

Myanmar
1x
Year Consumer prices inflation
Angola Myanmar
2025 20.2% -
2024 28.2% -
2023 13.6% -
2022 21.4% -
2021 25.8% -
2020 22.3% -
2019 17.1% 8.83%
2018 19.6% 6.87%
2017 29.8% 4.57%
2016 30.7% 6.93%
2015 9.2% 9.45%
2014 7.3% 4.95%
2013 8.8% 5.64%
2012 10.3% 1.47%
2011 13.5% 5.02%
2010 14.5% 7.72%
2009 13.7% 1.47%
2008 12.5% 26.8%
2007 12.2% 35%
2006 13.3% 20%
2005 23% 9.37%
2004 43.5% 4.53%
2003 98.2% 36.6%
2002 108.9% 57.1%
2001 152.6% 21.1%
2000 325% -0.11%
1999 248.2% 18.4%
1998 107.4% 51.5%
1997 221.5% 29.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2019, retrieved 2026-07-08).

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

Over the past 23 years, Angola has recorded an average annual inflation rate of 67%, compared with 16.2% in Myanmar. In 2019, inflation was 20.2% in Angola and 8.83% in Myanmar.

Top exports between countries

Angola
Export category Export value
Raw materials & minerals $42.2M
Myanmar
Export category Export value
Raw agricultural goods $14.1M
Chemicals & pharma $15K

Balance of trade

Angola Myanmar
Current account balance
$536M
2025
$67.7M
2019
Current account balance ranking
57/190
2025
66/190
2019
Current account balance, % of GDP
+0.44%
2025
+0.09%
2019
Goods imports
$15.5B
2025
$13.7B
2019
Goods exports
$30.6B
2025
$10.8B
2019
Service imports
$8.51B
2025
$3.66B
2019
Service exports
$118M
2025
$6.68B
2019
Imports of goods and services, % of GDP
11.7%
2025
n/a
Exports of goods and services, % of GDP
23%
2025
24.3%
2026

Economic freedom indices

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

Angola Myanmar
Economic freedom 54.4 44.5
Economic freedom ranking 133/197 180/197
Property rights 36.9 5.7
Government integrity 28.3 18.1
Judicial effectiveness 26.3 3.9
Tax burden 86.9 88.6
Government spending 89.3 86.6
Fiscal health 91.9 62.7
Business freedom 42.8 37.9
Labor freedom 50.8 53.2
Monetary freedom 59 57.5
Trade freedom 70.4 69.4
Investment freedom 30 30
Financial freedom 40 20

Economic freedom comparison by year

Angola
Myanmar
1x
Year Economic freedom index
Angola Myanmar
2026 54.4 44.5
2025 55 43.7
2024 54.3 42.2
2023 53 46.5
2022 52.6 49.6
2021 54.2 55.2
2020 52.2 54
2019 50.6 53.6
2018 48.6 53.9
2017 48.5 52.5
2016 48.9 48.7
2015 47.9 46.9
2014 47.7 46.5
2013 47.3 39.2
2012 46.7 38.7
2011 46.2 37.8
2010 48.4 36.7
2009 47 37.7
2008 46.9 39.5
2007 44.7 41
2006 43.5 40
2005 - 40.5
2004 - 43.6
2003 - 44.9
2002 - 45.5
2001 - 46.1
2000 24.3 47.9
1999 23.7 46.4
1998 24.9 45.7
1997 24.2 45.4
1996 24.4 45.1
1995 27.4 -

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Myanmar
Services, % of GDP
46.8%
2025
38.5%
2025
Industry, % of GDP
27.1%
2025
36.2%
2025
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
25.3%
2025
GNI, Atlas method
$112B
2025
$72.3B
2025
GNI per capita, PPP
$9,840
2025
$5,890
2025
Total reserves including gold
$13.5B
2025
$9.34B
2023
Total reserves ranking
75/177
2025
85/177
2023
Net foreign direct investment
-$1.02B
2025
-$1.74B
2019
Net inflows of foreign direct investment
-$1.11B
2024
$1.1B
2024
Net outflows of foreign direct investment
$33.1M
2024
$0
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
1.31%
2024
Poverty at national poverty lines
36.6%
2020
24.8%
2017
Gross capital formation, % of GDP
10.6%
2024
n/a

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/myanmar | CC BY

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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. 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 (2020–2022, 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.