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Economy of Angola vs Peru compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $335B for Peru, ranking 68/197 and 47/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $101B (30.2% of GDP) in Peru.

Angola vs Peru GDP by year

Angola
Peru
1x
Year GDP, current $
Angola Peru
2025 $122,174,889,424 $334,854,659,182
2024 $103,080,538,044 $291,751,523,019
2023 $106,042,349,567 $268,025,009,709
2022 $128,233,959,333 $246,169,867,863
2021 $78,283,923,544 $226,406,075,009
2020 $58,512,033,806 $201,409,694,756
2019 $81,193,813,808 $228,346,006,004
2018 $90,506,061,877 $222,597,009,739
2017 $85,629,598,654 $211,007,984,081
2016 $60,770,049,747 $191,898,104,390
2015 $102,543,067,841 $189,802,976,286
2014 $153,449,860,496 $200,786,250,583
2013 $148,845,200,696 $201,175,543,571
2012 $143,572,907,528 $192,650,021,649
2011 $125,551,634,705 $171,761,737,047
2010 $95,546,919,754 $147,527,631,521
2009 $81,705,175,409 $120,822,986,521
2008 $98,790,432,989 $120,550,599,815
2007 $73,037,821,926 $102,170,981,144
2006 $58,653,659,980 $88,643,193,062
2005 $41,396,636,384 $76,060,606,061
2004 $26,997,977,896 $66,768,703,498
2003 $20,342,128,112 $58,731,030,122
2002 $17,311,512,433 $54,777,553,515
2001 $8,936,079,118 $52,030,158,775
2000 $9,129,594,970 $51,744,749,133
1999 $6,152,923,310 $50,187,324,568
1998 $6,506,221,616 $55,501,467,877
1997 $7,648,380,196 $58,147,522,523
1996 $7,526,421,519 $55,252,414,130
1995 $5,538,749,260 $53,312,793,687
1994 $4,438,321,017 $44,882,079,767
1993 $5,768,720,422 $34,832,077,221
1992 $8,307,810,974 $35,966,302,303
1991 $10,603,784,541 $34,341,465,998
1990 $11,229,515,599 $26,410,386,963
1989 $10,201,780,977 $22,499,558,526
1988 $8,769,836,769 $15,439,408,447
1987 $8,084,412,414 $36,889,706,593
1986 $7,072,536,109 $21,859,448,586
1985 $7,554,065,410 $15,078,736,875
1984 $6,131,475,065 $17,600,400,385
1983 $5,784,341,596 $17,345,260,564
1982 $5,550,483,036 $21,794,535,621
1981 $5,550,483,036 $21,648,214,893
1980 $5,930,503,401 $18,136,838,538
1979 - $15,954,012,439
1978 - $12,491,876,743
1977 - $14,544,913,961
1976 - $16,131,958,851
1975 - $16,931,162,355
1974 - $13,858,441,211
1973 - $10,994,381,895
1972 - $9,189,413,409
1971 - $8,289,582,884
1970 - $7,432,223,177
1969 - $6,420,909,790
1968 - $5,736,083,835
1967 - $6,194,340,080
1966 - $6,109,048,737
1965 - $5,163,008,077
1964 - $4,353,664,867
1963 - $3,598,272,493
1962 - $3,284,322,201
1961 - $2,897,852,693
1960 - $2,571,986,572

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

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

GDP per capita in Angola vs Peru by year

Angola
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $9,684 -
2024 $2,721 $10,119 $8,526 $17,802
2023 $2,886 $9,754 $7,919 $17,011
2022 $3,599 $9,588 $7,354 $16,669
2021 $2,267 $8,862 $6,829 $15,281
2020 $1,749 $7,827 $6,133 $12,563
2019 $2,508 $8,573 $7,037 $13,564
2018 $2,892 $8,278 $6,978 $13,078
2017 $2,832 $8,007 $6,736 $12,592
2016 $2,082 $7,767 $6,217 $12,067
2015 $3,642 $8,067 $6,232 $11,600
2014 $5,650 $9,018 $6,667 $11,518
2013 $5,689 $8,504 $6,747 $11,291
2012 $5,702 $8,246 $6,519 $10,757
2011 $5,184 $7,538 $5,861 $10,463
2010 $4,102 $7,412 $5,072 $9,713
2009 $3,645 $7,228 $4,181 $8,917
2008 $4,578 $7,316 $4,198 $8,820
2007 $3,515 $6,728 $3,581 $7,982
2006 $2,930 $6,018 $3,130 $7,214
2005 $2,146 $5,416 $2,707 $6,560
2004 $1,451 $4,771 $2,397 $6,038
2003 $1,134 $4,322 $2,129 $5,657
2002 $999 $4,241 $2,007 $5,383
2001 $534 $3,802 $1,930 $5,086
2000 $564 $3,690 $1,945 $5,012
1999 $393 $3,619 $1,917 $4,847
1998 $429 $3,609 $2,156 $4,791
1997 $522 $3,525 $2,301 $4,844
1996 $531 $3,342 $2,227 $4,556
1995 $404 $2,990 $2,190 $4,435
1994 $335 $2,633 $1,879 $4,123
1993 $450 $2,628 $1,488 $3,666
1992 $669 $3,486 $1,567 $3,472
1991 $882 $3,740 $1,527 $3,484
1990 $966 $3,705 $1,200 $3,367
1989 $908 - $1,045 -
1988 $807 - $733 -
1987 $770 - $1,792 -
1986 $698 - $1,087 -
1985 $772 - $767 -
1984 $650 - $918 -
1983 $637 - $927 -
1982 $634 - $1,194 -
1981 $658 - $1,216 -
1980 $729 - $1,045 -
1979 - - $942 -
1978 - - $756 -
1977 - - $903 -
1976 - - $1,026 -
1975 - - $1,104 -
1974 - - $927 -
1973 - - $754 -
1972 - - $647 -
1971 - - $599 -
1970 - - $550 -
1969 - - $488 -
1968 - - $448 -
1967 - - $498 -
1966 - - $505 -
1965 - - $439 -
1964 - - $381 -
1963 - - $324 -
1962 - - $305 -
1961 - - $276.6 -
1960 - - $252.8 -

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

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $9,684 in Peru, ranking 90/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Peru ranks 104th at $17,802.

Economic indicators

Angola Peru
Gross domestic product
$122B
2025
$335B
2025
GDP rank
68/197
2025
47/197
2025
GDP growth
3.13%
2024-2025
3.43%
2024-2025
GDP per capita
$3,129
2025
$9,684
2025
GDP per capita rank
142/197
2025
90/197
2025
GDP per capita, PPP
$10,119
2024
$17,802
2024
GDP per capita PPP rank
133/197
2024
104/197
2024
Government debt
$62.7B
2025
$101B
2025
Debt-to-GDP ratio
51.3%
2025
30.2%
2025
Government debt per person
$1,606
2025
$2,927
2025
Government debt per person rank
127/185
2025
107/185
2025
Average annual personal income after taxes
$2,550
2026
$7,143
2026
Market capitalization of domestic companies n/a
$105B
2025
Income share by richest 10%
39.6%
2018
30.3%
2024
Income share by poorest 10%
1.3%
2018
2%
2024
Government expenditure, % of GDP
18.9%
2025
21.4%
2025
Consumer prices inflation
20.2%
2024-2025
1.53%
2024-2025
Central bank interest rate
17.5%
2026
4.25%
2025
Unemployment rate
10.4%
2025
4.32%
2025
Population
40839390
35105331

Spending and national debt comparison by year

Angola
Spending

Debt
Peru
Spending

Debt
1x
Year % of GDP
Angola Peru
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 21.4% 30.2%
2024 19% 57.1% 22.2% 32.1%
2023 23.3% 75.7% 22.1% 32.4%
2022 24.8% 57.4% 23.1% 33.5%
2021 22.8% 75.5% 23.1% 35.5%
2020 24.4% 119.8% 25.7% 34.3%
2019 20.9% 100.8% 20.8% 26.5%
2018 17.8% 81.6% 21% 25.7%
2017 20.7% 59.6% 20.6% 24.8%
2016 19.1% 65.7% 20.5% 23.9%
2015 23.9% 50.4% 22% 23.7%
2014 32.3% 35.3% 22.4% 20.5%
2013 32.9% 29.5% 21.5% 19.9%
2012 33.2% 23.8% 20.3% 20.7%
2011 33.3% 26.3% 19.8% 23.1%
2010 34.6% 32.6% 21% 25.1%
2009 38.7% 48.4% 21.3% 28.2%
2008 47.2% 28.1% 19.9% 28.1%
2007 34.1% 18.8% 18.6% 31.9%
2006 27.3% 16.7% 19.2% 34.9%
2005 23.7% 29.9% 20.4% 40.4%
2004 26% 41.6% 19.6% 46.7%
2003 30.1% 50.8% 20.1% 49.4%
2002 27.6% 65.1% 19.6% 45.5%
2001 30.3% 100.2% 20.9% 43.8%
2000 35.8% 118.2% 21.7% 44.9%
1999 45.7% 104.8% 17.8% 41.1%
1998 30.3% 96.3% 16.3% 36.8%
1997 31.1% 73.5% 15.6% 34.5%
1996 29.3% 92% 16.5% 37.4%
1995 - - 17.5% 36.8%
1994 - - 16.9% 41.9%
1993 - - 18.2% 49.9%
1992 - - 19.1% 46.8%
1991 - - 15.7% 48.3%
1990 - - 20.4% 56.3%
1989 - - 12.1% 34.9%
1988 - - 12.8% 42.8%
1987 - - 15.5% 39.1%
1986 - - 16.6% 48.6%
1985 - - 17.2% 63.4%
1984 - - 18.3% 56.7%
1983 - - 19.4% 56.2%
1982 - - 17.6% 34.2%
1981 - - 18.4% 30.6%
1980 - - 19.3% 36.3%
1979 - - 16.4% 45.9%
1978 - - 19% 56%
1977 - - 19.4% 44.8%
1976 - - 21.1% 34.5%
1975 - - 19.8% 27%
1974 - - 17.7% 24%
1973 - - 19.5% 22.6%
1972 - - 15.3% 20.6%
1971 - - 15% 19%
1970 - - 14.3% 20%
1969 - - 16.4% -
1968 - - 18.4% 15.2%
1967 - - 19.1% 12.1%
1966 - - 18.6% 17%
1965 - - 18.7% 14.5%
1964 - - 16.9% 14.1%
1963 - - 16.2% -
1962 - - 14.6% -
1961 - - 14.8% 16%
1960 - - 13.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while Peru spent $71.7B, or 21.4% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 30.2% in Peru, ranking 103/185 and 154/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Peru
1x
Year Deficit/surplus, % of GDP
Angola Peru
2025 -4.07% -2.36%
2024 -1.19% -3.53%
2023 -2.49% -2.74%
2022 1.78% -1.38%
2021 1.35% -2.49%
2020 -3.05% -8.19%
2019 -0.2% -1.37%
2018 2% -1.94%
2017 -5.68% -2.79%
2016 -3.93% -2.12%
2015 -2.58% -2.02%
2014 -5.08% -0.19%
2013 -0.28% 0.75%
2012 3.67% 2.07%
2011 7.17% 2.05%
2010 2.96% -0.02%
2009 -6.83% -1.48%
2008 -3.82% 2.48%
2007 3.81% 3.35%
2006 8.42% 2.03%
2005 6.4% -0.44%
2004 1.03% -1.03%
2003 -4.1% -1.62%
2002 -2.24% -1.4%
2001 2.8% -2.15%
2000 2.02% -2.12%
1999 -9.4% -2.93%
1998 -5.92% -0.2%
1997 -0.27% 0.47%
1996 5.22% -0.25%
1995 - -2.05%
1994 - -1.9%
1993 - -2.82%
1992 - -3.55%
1991 - -1.98%
1990 - -7.99%
1989 - -1.3%
1988 - -3.57%
1987 - -6.26%
1986 - -4.08%
1985 - -2.41%
1984 - -4.45%
1983 - -7.52%
1982 - -3.22%
1981 - -3.98%
1980 - -2.36%
1979 - -0.54%
1978 - -5.07%
1977 - -6.52%
1976 - -8.37%
1975 - -6.54%
1974 - -4.47%
1973 - -6.68%
1972 - -2.04%
1971 - -1.89%
1970 - -0.42%
1969 - -1.1%
1968 - -3.28%
1967 - -3.76%
1966 - -5.41%
1965 - -4.79%
1964 - -3.37%
1963 - -1.86%
1962 - 2.16%
1961 - 2.46%
1960 - 3.32%
1959 - -1.46%
1958 - -2.63%
1957 - -2.23%
1956 - -0.93%
1955 - 0.06%
1954 - -0.66%
1953 - -2.35%
1952 - 0.04%
1951 - 0.61%
1950 - 0.08%
1949 - 0.26%
1948 - -0.84%
1947 - -0.54%
1946 - -1.39%
1945 - 0%
1944 - 0%
1943 - 0.18%
1942 - -2.38%
1941 - -1.76%
1940 - 0.27%
1939 - -1.01%
1938 - -1.57%
1937 - 0.18%
1936 - 0.18%
1935 - 0.09%
1934 - 0.11%
1933 - 0.02%
1932 - -0.57%
1931 - -0.28%
1930 - -0.67%
1929 - 0.008%
1928 - -1.88%
1927 - 0%
1926 - -1.84%
1925 - -1.69%
1924 - -1.31%
1923 - -0.85%
1922 - -1.24%
1921 - -1.53%
1920 - -0.4%
1919 - -0.26%
1918 - -0.34%
1917 - -0.25%
1916 - 0.27%
1915 - -0.74%
1914 - -1.59%
1913 - -3.04%
1912 - -0.45%
1911 - 0.32%
1910 - 0.16%
1909 - -0.33%
1908 - -0.18%
1907 - 0.18%
1906 - 0.38%
1905 - 0.2%
1904 - 0.22%
1903 - 0.24%
1902 - 0.26%
1901 - 0.26%
1900 - 0%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08).

GeoRank.org/economy/angola/peru | 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 Peru's deficit of $7.9B, or 2.36% of GDP.

Over the past 30 years, Angola recorded a fiscal deficit in 17 of those years, while Peru ran a deficit in 23 years. On average, Angola posted an annual deficit equal to 0.42% of GDP, compared to deficit of 1.05% of GDP for Peru.

Inflation comparison by year

Inflation
Angola

Peru
1x
Year Consumer prices inflation
Angola Peru
2025 20.2% 1.53%
2024 28.2% 2.01%
2023 13.6% 6.46%
2022 21.4% 8.33%
2021 25.8% 4.27%
2020 22.3% 2%
2019 17.1% 2.25%
2018 19.6% 1.51%
2017 29.8% 2.99%
2016 30.7% 3.56%
2015 9.2% 3.4%
2014 7.3% 3.41%
2013 8.8% 2.77%
2012 10.3% 3.61%
2011 13.5% 3.37%
2010 14.5% 1.53%
2009 13.7% 2.94%
2008 12.5% 5.79%
2007 12.2% 1.78%
2006 13.3% 2%
2005 23% 1.62%
2004 43.5% 3.66%
2003 98.2% 2.26%
2002 108.9% 0.19%
2001 152.6% 1.98%
2000 325% 3.76%
1999 248.2% 3.47%
1998 107.4% 7.25%
1997 221.5% 8.56%

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/peru | CC BY

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 3.39% in Peru. In 2025, inflation was 20.2% in Angola and 1.53% in Peru.

Top exports between countries

Angola
Export category Export value
Processed food, beverages & tobacco $8K
Textiles & consumer goods $7K
Miscellaneous $4K
Raw materials & minerals $3K
Raw agricultural goods $2K
Chemicals & pharma $1K
Wood & paper products $1K
Peru
Export category Export value
Animal & marine products $242K
Machinery & equipment $44K
Textiles & consumer goods $44K
Processed food, beverages & tobacco $34K
Chemicals & pharma $10K
Metals $4K
Raw materials & minerals $1K
Wood & paper products $1K

Balance of trade

Angola Peru
Current account balance
$536M
2025
$12B
2025
Current account balance ranking
57/190
2025
23/190
2025
Current account balance, % of GDP
+0.44%
2025
+3.58%
2025
Goods imports
$15.5B
2025
$58.6B
2025
Goods exports
$30.6B
2025
$94B
2025
Service imports
$8.51B
2025
$15.9B
2025
Service exports
$118M
2025
$7.64B
2025
Imports of goods and services, % of GDP
11.7%
2025
21.8%
2025
Exports of goods and services, % of GDP
23%
2025
30%
2025

Economic freedom indices

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

Angola Peru
Economic freedom 54.4 66.3
Economic freedom ranking 133/197 62/197
Property rights 36.9 44
Government integrity 28.3 35
Judicial effectiveness 26.3 47.8
Tax burden 86.9 79.4
Government spending 89.3 84.8
Fiscal health 91.9 87.4
Business freedom 42.8 73.1
Labor freedom 50.8 64.7
Monetary freedom 59 77.6
Trade freedom 70.4 81.6
Investment freedom 30 60
Financial freedom 40 60

Economic freedom comparison by year

Angola
Peru
1x
Year Economic freedom index
Angola Peru
2026 54.4 66.3
2025 55 65.9
2024 54.3 64.8
2023 53 66.5
2022 52.6 66.5
2021 54.2 67.7
2020 52.2 67.9
2019 50.6 67.8
2018 48.6 68.7
2017 48.5 68.9
2016 48.9 67.4
2015 47.9 67.7
2014 47.7 67.4
2013 47.3 68.2
2012 46.7 68.7
2011 46.2 68.6
2010 48.4 67.6
2009 47 64.6
2008 46.9 63.8
2007 44.7 62.7
2006 43.5 60.5
2005 - 61.3
2004 - 64.7
2003 - 64.6
2002 - 64.8
2001 - 69.6
2000 24.3 68.7
1999 23.7 69.2
1998 24.9 65
1997 24.2 63.8
1996 24.4 62.5
1995 27.4 56.9

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 66.3 for Peru, ranking 62/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Peru
Services, % of GDP
46.8%
2025
50.9%
2024
Industry, % of GDP
27.1%
2025
34.3%
2024
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
7.47%
2024
GNI, Atlas method
$112B
2025
$291B
2025
GNI per capita, PPP
$9,840
2025
$17,540
2025
Total reserves including gold
$13.5B
2025
$90.4B
2025
Total reserves ranking
75/177
2025
32/177
2025
Net foreign direct investment
-$1.02B
2025
-$8.93B
2025
Net inflows of foreign direct investment
-$1.11B
2024
$6.7B
2024
Net outflows of foreign direct investment
$33.1M
2024
$1.14B
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
5.54%
2024
Poverty at national poverty lines
36.6%
2020
27.6%
2024
Gross capital formation, % of GDP
10.6%
2024
20.3%
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/peru | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, 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.