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Economy of Angola vs Niger compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $21.6B for Niger, ranking 68/197 and 129/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $9.82B (45.4% of GDP) in Niger.

Angola vs Niger GDP by year

Angola
Niger
1x
Year GDP, current $
Angola Niger
2025 $122,174,889,424 $21,646,191,388
2024 $103,080,538,044 $19,729,786,047
2023 $106,042,349,567 $16,949,765,464
2022 $128,233,959,333 $15,531,799,641
2021 $78,283,923,544 $14,936,154,253
2020 $58,512,033,806 $13,648,332,190
2019 $81,193,813,808 $12,420,836,507
2018 $90,506,061,877 $12,800,907,986
2017 $85,629,598,654 $11,359,273,443
2016 $60,770,049,747 $10,341,025,540
2015 $102,543,067,841 $9,683,867,926
2014 $153,449,860,496 $10,862,943,544
2013 $148,845,200,696 $10,224,897,438
2012 $143,572,907,528 $9,426,912,648
2011 $125,551,634,705 $8,772,950,778
2010 $95,546,919,754 $7,851,192,502
2009 $81,705,175,409 $7,352,131,310
2008 $98,790,432,989 $7,297,600,226
2007 $73,037,821,926 $5,731,485,052
2006 $58,653,659,980 $4,756,361,252
2005 $41,396,636,384 $4,383,315,965
2004 $26,997,977,896 $3,760,443,738
2003 $20,342,128,112 $3,394,084,732
2002 $17,311,512,433 $2,782,192,879
2001 $8,936,079,118 $2,448,714,704
2000 $9,129,594,970 $2,241,753,193
1999 $6,152,923,310 $2,537,789,821
1998 $6,506,221,616 $2,643,363,519
1997 $7,648,380,196 $2,290,318,910
1996 $7,526,421,519 $2,405,686,940
1995 $5,538,749,260 $2,302,537,562
1994 $4,438,321,017 $1,938,058,175
1993 $5,768,720,422 $3,052,673,849
1992 $8,307,810,974 $3,386,232,579
1991 $10,603,784,541 $3,285,796,875
1990 $11,229,515,599 $3,512,356,508
1989 $10,201,780,977 $2,179,567,114
1988 $8,769,836,769 $2,280,356,193
1987 $8,084,412,414 $2,233,006,105
1986 $7,072,536,109 $1,904,096,998
1985 $7,554,065,410 $1,440,581,652
1984 $6,131,475,065 $1,461,243,326
1983 $5,784,341,596 $1,803,099,561
1982 $5,550,483,036 $2,017,612,216
1981 $5,550,483,036 $2,170,893,414
1980 $5,930,503,401 $2,508,524,721
1979 - $2,109,277,666
1978 - $1,774,365,590
1977 - $1,291,458,041
1976 - $1,064,517,601
1975 - $1,048,690,933
1974 - $1,026,137,111
1973 - $946,385,105
1972 - $742,779,661
1971 - $693,573,704
1970 - $649,916,621
1969 - $625,867,985
1968 - $641,214,226
1967 - $665,586,872
1966 - $702,296,079
1965 - $673,383,511
1964 - $582,816,396
1963 - $586,294,879
1962 - $531,736,599
1961 - $485,785,231
1960 - $449,526,873

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

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

GDP per capita in Angola vs Niger by year

Angola
GDP per capita

GDP per capita, PPP
Niger
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Niger
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $775 -
2024 $2,721 $10,119 $730 $2,050
2023 $2,886 $9,754 $648 $1,875
2022 $3,599 $9,588 $614 $1,840
2021 $2,267 $8,862 $610 $1,586
2020 $1,749 $7,827 $575 $1,497
2019 $2,508 $8,573 $541 $1,419
2018 $2,892 $8,278 $577 $1,276
2017 $2,832 $8,007 $530 $1,208
2016 $2,082 $7,767 $500 $1,189
2015 $3,642 $8,067 $486 $1,172
2014 $5,650 $9,018 $565 $1,161
2013 $5,689 $8,504 $552 $1,138
2012 $5,702 $8,246 $529 $1,162
2011 $5,184 $7,538 $511 $1,064
2010 $4,102 $7,412 $474 $1,058
2009 $3,645 $7,228 $461 $999
2008 $4,578 $7,316 $475 $1,010
2007 $3,515 $6,728 $387 $955
2006 $2,930 $6,018 $333 $935
2005 $2,146 $5,416 $319 $888
2004 $1,451 $4,771 $283.5 $832
2003 $1,134 $4,322 $265.2 $837
2002 $999 $4,241 $225.3 $832
2001 $534 $3,802 $205.4 $809
2000 $564 $3,690 $194.8 $764
1999 $393 $3,619 $228.3 $783
1998 $429 $3,609 $246.1 $801
1997 $522 $3,525 $220.6 $745
1996 $531 $3,342 $239.5 $746
1995 $404 $2,990 $237 $757
1994 $335 $2,633 $206.2 $748
1993 $450 $2,628 $335 $742
1992 $669 $3,486 $384 $746
1991 $882 $3,740 $384 $738
1990 $966 $3,705 $424 $739
1989 $908 - $271.3 -
1988 $807 - $292.6 -
1987 $770 - $295.3 -
1986 $698 - $259.6 -
1985 $772 - $202.4 -
1984 $650 - $211.5 -
1983 $637 - $268.8 -
1982 $634 - $310 -
1981 $658 - $343 -
1980 $729 - $409 -
1979 - - $354 -
1978 - - $307 -
1977 - - $229.8 -
1976 - - $194.8 -
1975 - - $197.2 -
1974 - - $198.3 -
1973 - - $187.9 -
1972 - - $151.4 -
1971 - - $145.2 -
1970 - - $139.8 -
1969 - - $138.3 -
1968 - - $145.6 -
1967 - - $155.4 -
1966 - - $168.6 -
1965 - - $166.3 -
1964 - - $148.1 -
1963 - - $153.3 -
1962 - - $143.2 -
1961 - - $134.6 -
1960 - - $128.3 -

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

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $775 in Niger, ranking 188/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Niger ranks 186th at $2,050.

Economic indicators

Angola Niger
Gross domestic product
$122B
2025
$21.6B
2025
GDP rank
68/197
2025
129/197
2025
GDP growth
3.13%
2024-2025
7.01%
2024-2025
GDP per capita
$3,129
2025
$775
2025
GDP per capita rank
142/197
2025
188/197
2025
GDP per capita, PPP
$10,119
2024
$2,050
2024
GDP per capita PPP rank
133/197
2024
186/197
2024
Government debt
$62.7B
2025
$9.82B
2025
Debt-to-GDP ratio
51.3%
2025
45.4%
2025
Government debt per person
$1,606
2025
$352
2025
Government debt per person rank
127/185
2025
175/185
2025
Average annual personal income after taxes
$2,550
2026
$1,418
2026
Income share by richest 10%
39.6%
2018
27.8%
2021
Income share by poorest 10%
1.3%
2018
3.8%
2021
Government expenditure, % of GDP
18.9%
2025
14.8%
2025
Consumer prices inflation
20.2%
2024-2025
-4.45%
2024-2025
Central bank interest rate
17.5%
2026
n/a
Unemployment rate
10.4%
2025
0.4%
2022
Population
40839390
29294628

Spending and national debt comparison by year

Angola
Spending

Debt
Niger
Spending

Debt
1x
Year % of GDP
Angola Niger
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 14.8% 45.4%
2024 19% 57.1% 13.4% 47.7%
2023 23.3% 75.7% 15.8% 51.8%
2022 24.8% 57.4% 21.6% 50.7%
2021 22.8% 75.5% 24.3% 51.3%
2020 24.4% 119.8% 22.4% 45%
2019 20.9% 100.8% 21.6% 39.8%
2018 17.8% 81.6% 21.2% 37%
2017 20.7% 59.6% 19.5% 36.5%
2016 19.1% 65.7% 19.4% 32.8%
2015 23.9% 50.4% 24.2% 29.9%
2014 32.3% 35.3% 23.6% 22.1%
2013 32.9% 29.5% 20.4% 19.6%
2012 33.2% 23.8% 16.6% 18.1%
2011 33.3% 26.3% 15.3% 14.7%
2010 34.6% 32.6% 14.3% 15.1%
2009 38.7% 48.4% 17.7% 15.9%
2008 47.2% 28.1% 16.9% 14.2%
2007 34.1% 18.8% 17.4% 17.8%
2006 27.3% 16.7% 15.2% 18.3%
2005 23.7% 29.9% 15.6% 49.5%
2004 26% 41.6% 16.1% 55%
2003 30.1% 50.8% 14% 60.6%
2002 27.6% 65.1% 14.4% 69%
2001 30.3% 100.2% 13.7% 74%
2000 35.8% 118.2% 13.5% 82.1%
1999 45.7% 104.8% 15% 63.3%
1998 30.3% 96.3% 13.6% 61.3%
1997 31.1% 73.5% 12.9% 69.1%
1996 29.3% 92% 10.9% 63.5%
1995 - - 12.5% 69.4%

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/niger | CC BY

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while Niger spent $3.2B, or 14.8% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 45.4% in Niger, ranking 103/185 and 114/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Niger
1x
Year Deficit/surplus, % of GDP
Angola Niger
2025 -4.07% -3.28%
2024 -1.19% -4.27%
2023 -2.49% -5.37%
2022 1.78% -6.77%
2021 1.35% -6.1%
2020 -3.05% -4.82%
2019 -0.2% -3.56%
2018 2% -3.01%
2017 -5.68% -4.12%
2016 -3.93% -4.46%
2015 -2.58% -6.75%
2014 -5.08% -6.12%
2013 -0.28% -1.93%
2012 3.67% -0.83%
2011 7.17% -2.19%
2010 2.96% -0.99%
2009 -6.83% -3.93%
2008 -3.82% 1.11%
2007 3.81% -0.75%
2006 8.42% 31%
2005 6.4% -1.53%
2004 1.03% -2.76%
2003 -4.1% -2.17%
2002 -2.24% -2.21%
2001 2.8% -2.59%
2000 2.02% -2.83%
1999 -9.4% -4.27%
1998 -5.92% -2.23%
1997 -0.27% -2.39%
1996 5.22% -0.36%
1995 - -3.19%

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

GeoRank.org/economy/angola/niger | 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 Niger's deficit of $711M, or 3.28% of GDP.

Over the past 30 years, Angola recorded a fiscal deficit in 17 of those years, while Niger ran a deficit in 28 years. On average, Angola posted an annual deficit equal to 0.42% of GDP, compared to deficit of 2.01% of GDP for Niger.

Inflation comparison by year

Inflation
Angola

Niger
1x
Year Consumer prices inflation
Angola Niger
2025 20.2% -4.45%
2024 28.2% 9.07%
2023 13.6% 3.7%
2022 21.4% 4.23%
2021 25.8% 3.84%
2020 22.3% 2.9%
2019 17.1% -2.49%
2018 19.6% 2.97%
2017 29.8% 2.8%
2016 30.7% 1.65%
2015 9.2% -0.58%
2014 7.3% -0.93%
2013 8.8% 2.3%
2012 10.3% 0.46%
2011 13.5% 2.94%
2010 14.5% 0.8%
2009 13.7% 0.58%
2008 12.5% 11.3%
2007 12.2% 0.05%
2006 13.3% 0.04%
2005 23% 7.8%
2004 43.5% 0.26%
2003 98.2% -1.61%
2002 108.9% 2.63%
2001 152.6% 4.01%
2000 325% 2.9%
1999 248.2% -2.3%
1998 107.4% 4.55%
1997 221.5% 2.93%

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/niger | CC BY

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 2.15% in Niger. In 2025, inflation was 20.2% in Angola and -4.45% in Niger.

Top exports between countries

Angola
Export category Export value
Chemicals & pharma $34K
Machinery & equipment $4K
Niger
Export category Export value
Raw materials & minerals $47K
Machinery & equipment $5K

Balance of trade

Angola Niger
Current account balance
$536M
2025
-$1.2B
2024
Current account balance ranking
57/190
2025
123/190
2024
Current account balance, % of GDP
+0.44%
2025
-6.09%
2024
Goods imports
$15.5B
2025
$2B
2024
Goods exports
$30.6B
2025
$1.52B
2024
Service imports
$8.51B
2025
$1.03B
2024
Service exports
$118M
2025
$248M
2024
Imports of goods and services, % of GDP
11.7%
2025
18.1%
2025
Exports of goods and services, % of GDP
23%
2025
15.8%
2025

Economic freedom indices

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

Angola Niger
Economic freedom 54.4 51
Economic freedom ranking 133/197 156/197
Property rights 36.9 16.6
Government integrity 28.3 33.9
Judicial effectiveness 26.3 28
Tax burden 86.9 78.2
Government spending 89.3 91.4
Fiscal health 91.9 47.6
Business freedom 42.8 32.4
Labor freedom 50.8 54.7
Monetary freedom 59 67.9
Trade freedom 70.4 65.8
Investment freedom 30 55
Financial freedom 40 40

Economic freedom comparison by year

Angola
Niger
1x
Year Economic freedom index
Angola Niger
2026 54.4 51
2025 55 51.5
2024 54.3 52.3
2023 53 53.7
2022 52.6 54.9
2021 54.2 57.3
2020 52.2 54.7
2019 50.6 51.6
2018 48.6 49.5
2017 48.5 50.8
2016 48.9 54.3
2015 47.9 54.6
2014 47.7 55.1
2013 47.3 53.9
2012 46.7 54.3
2011 46.2 54.3
2010 48.4 52.9
2009 47 53.8
2008 46.9 52.9
2007 44.7 53.2
2006 43.5 52.5
2005 - 54.1
2004 - 54.6
2003 - 54.2
2002 - 48.2
2001 - 48.9
2000 24.3 45.9
1999 23.7 48.6
1998 24.9 47.5
1997 24.2 46.6
1996 24.4 45.8
1995 27.4 -

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 51 for Niger, ranking 156/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Niger
Services, % of GDP
46.8%
2025
31.1%
2025
Industry, % of GDP
27.1%
2025
18.7%
2025
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
47.6%
2025
GNI, Atlas method
$112B
2025
$20.9B
2025
GNI per capita, PPP
$9,840
2025
$2,150
2025
Total reserves including gold
$13.5B
2025
n/a
Total reserves ranking
75/177
2025
n/a
Net foreign direct investment
-$1.02B
2025
-$337M
2024
Net inflows of foreign direct investment
-$1.11B
2024
$358M
2024
Net outflows of foreign direct investment
$33.1M
2024
$20.7M
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
1.96%
2024
Poverty at national poverty lines
36.6%
2020
41.2%
2021
Gross capital formation, % of GDP
10.6%
2024
22%
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/niger | 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 (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 (2023–2024, 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.