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Economy of Angola vs Poland compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $918B for Poland, ranking 71/197 and 21/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $507B (55.3% of GDP) in Poland.

Angola vs Poland GDP by year

Angola
Poland
1x
Year GDP, current $
Angola Poland
2024 $100,998,916,781 $917,767,106,147
2023 $107,167,747,140 $812,451,193,396
2022 $131,212,208,930 $695,607,470,875
2021 $79,559,543,805 $689,170,230,665
2020 $58,852,456,454 $605,914,237,904
2019 $80,734,428,593 $602,683,770,145
2018 $89,512,794,227 $594,616,687,350
2017 $84,376,935,689 $528,356,676,667
2016 $59,878,249,719 $473,259,583,970
2015 $102,543,067,841 $480,054,118,583
2014 $153,449,860,496 $542,134,167,179
2013 $148,845,200,697 $518,179,836,405
2012 $143,572,907,528 $498,148,649,703
2011 $125,551,634,704 $527,848,543,023
2010 $95,546,919,755 $478,111,630,684
2009 $81,705,175,408 $440,891,472,247
2008 $98,790,432,989 $535,612,030,672
2007 $73,037,821,927 $429,715,132,138
2006 $58,653,659,980 $345,897,630,736
2005 $41,396,636,383 $306,999,913,151
2004 $26,997,977,897 $256,268,656,145
2003 $20,342,128,112 $218,561,225,998
2002 $17,311,512,432 $199,694,463,256
2001 $8,936,079,118 $191,823,200,371
2000 $9,129,594,970 $172,953,527,033
1999 $6,152,923,310 $170,704,452,715
1998 $6,506,221,616 $175,282,269,667
1997 $7,648,380,196 $159,893,964,917
1996 $7,526,421,519 $160,813,026,223
1995 $5,538,749,260 $142,838,527,115
1994 $4,438,321,017 $110,803,635,288
1993 $5,768,720,422 $96,043,157,273
1992 $8,307,810,974 $94,337,050,693
1991 $10,603,784,541 $85,500,935,935
1990 $11,229,515,599 $65,977,748,211
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 (1980–2024, retrieved 2026-04-06).

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

GDP per capita in Angola vs Poland by year

Angola
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $25,104 $51,263
2023 $2,916 $9,754 $22,145 $48,473
2022 $3,682 $9,588 $18,891 $46,778
2021 $2,304 $8,862 $18,636 $41,060
2020 $1,759 $7,827 $16,151 $37,089
2019 $2,494 $8,573 $15,875 $35,882
2018 $2,860 $8,278 $15,658 $32,345
2017 $2,791 $8,007 $13,913 $30,170
2016 $2,052 $7,767 $12,464 $28,360
2015 $3,642 $8,067 $12,638 $26,988
2014 $5,650 $9,018 $14,262 $25,460
2013 $5,689 $8,504 $13,622 $24,434
2012 $5,702 $8,246 $13,087 $23,728
2011 $5,184 $7,538 $13,868 $22,809
2010 $4,102 $7,412 $12,568 $20,991
2009 $3,645 $7,228 $11,556 $19,300
2008 $4,578 $7,316 $14,049 $18,372
2007 $3,515 $6,728 $11,273 $16,833
2006 $2,930 $6,018 $9,069 $15,205
2005 $2,146 $5,416 $8,044 $13,936
2004 $1,451 $4,771 $6,712 $13,413
2003 $1,134 $4,322 $5,721 $12,329
2002 $999 $4,241 $5,223 $11,841
2001 $534 $3,802 $5,015 $11,175
2000 $564 $3,690 $4,521 $10,721
1999 $393 $3,619 $4,416 $10,081
1998 $429 $3,609 $4,534 $9,521
1997 $522 $3,525 $4,137 $8,967
1996 $531 $3,342 $4,164 $8,310
1995 $404 $2,990 $3,701 $7,715
1994 $335 $2,633 $2,875 $7,040
1993 $450 $2,628 $2,497 $6,560
1992 $669 $3,486 $2,459 $6,193
1991 $882 $3,740 $2,236 $5,925
1990 $966 $3,705 $1,731 $6,185
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 (1980–2024, retrieved 2026-04-06).

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

Angola's GDP per capita is $2,666, ranking 144/197, compared to $25,104 in Poland, ranking 48/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Poland ranks 43rd at $51,263.

Economic indicators

Angola Poland
Gross domestic product
$101B
2024
$918B
2024
GDP rank
71/197
2024
21/197
2024
GDP growth
4.42%
2023-2024
3.03%
2023-2024
GDP per capita
$2,666
2024
$25,104
2024
GDP per capita rank
144/197
2024
48/197
2024
GDP per capita, PPP
$10,119
2024
$51,263
2024
GDP per capita PPP rank
133/197
2024
43/197
2024
Government debt
$60.5B
2024
$507B
2024
Debt-to-GDP ratio
59.9%
2024
55.3%
2024
Government debt per person
$1,597
2024
$13,874
2024
Government debt per person rank
127/185
2024
41/185
2024
Average annual personal income after taxes
$28,080
2026
$20,736
2026
Market capitalization of domestic companies n/a
$197B
2024
Number of billionaires n/a
10
2025
Income share by richest 10%
39.6%
2018
22.9%
2023
Income share by poorest 10%
1.3%
2018
3.3%
2023
Government expenditure, % of GDP
18.4%
2024
49.4%
2024
Consumer prices inflation
28.2%
2023-2024
3.78%
2023-2024
Central bank interest rate
18%
2023
4%
2025
Unemployment rate
14.1%
2022
2.81%
2024
Population
40555924
35806942

Spending and national debt comparison by year

Angola
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Angola Poland
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 49.4% 55.3%
2023 18.8% 72.4% 46.9% 49.5%
2022 19.5% 56.1% 43.2% 48.8%
2021 17.3% 74.3% 43.6% 53%
2020 20% 119.1% 47.7% 56.6%
2019 18.2% 101.4% 41.4% 45.2%
2018 18.3% 82.5% 41% 48.2%
2017 21% 60.5% 41.1% 50.4%
2016 19.4% 66.7% 41.1% 54.1%
2015 23.9% 50.4% 41.5% 51.1%
2014 32.3% 35.3% 42.7% 51.1%
2013 32.9% 29.5% 43.2% 56.9%
2012 33.2% 23.8% 43.2% 54.5%
2011 33.3% 26.3% 44.1% 54.8%
2010 34.6% 32.6% 46% 53.7%
2009 38.7% 48.4% 44.9% 49.7%
2008 47.2% 28.1% 44% 46.6%
2007 34.1% 18.8% 42.8% 44.4%
2006 27.3% 16.7% 44.3% 47.1%
2005 23.7% 29.9% 44.1% 46.5%
2004 26% 41.6% 43.3% 44.9%
2003 30.1% 50.8% 45.5% 46.4%
2002 27.6% 65.1% 45.1% 41.6%
2001 30.3% 100.2% 44.7% 37.2%
2000 35.8% 118.2% 43.1% 36.4%
1999 39.4% 104.8% 42.5% 39.4%
1998 26.1% 96.3% 44% 38.7%
1997 26.8% 73.5% 46.1% 42.7%
1996 25.2% 92% 50.7% 43.2%
1995 - - 47.5% 48.7%
1994 - - - 64.3%
1993 - - - 83.9%
1992 - - - 81.9%
1991 - - - 76.9%
1990 - - - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-02-20).

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

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while Poland spent $453B, or 49.4% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 55.3% in Poland, ranking 78/185 and 95/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Poland
1x
Year Deficit/surplus, % of GDP
Angola Poland
2024 -1.01% -6.59%
2023 -1.83% -5.27%
2022 0.58% -3.44%
2021 3.4% -1.75%
2020 -1.66% -6.85%
2019 0.69% -0.73%
2018 2.03% -0.24%
2017 -5.75% -1.49%
2016 -3.98% -2.38%
2015 -2.57% -2.59%
2014 -5.07% -3.66%
2013 -0.27% -4.25%
2012 3.68% -3.8%
2011 7.2% -4.97%
2010 2.98% -7.43%
2009 -6.8% -7.24%
2008 -3.8% -3.6%
2007 3.85% -1.88%
2006 8.42% -3.53%
2005 6.4% -3.93%
2004 1.03% -4.99%
2003 -4.1% -6.02%
2002 -2.24% -4.8%
2001 2.8% -4.73%
2000 2.02% -4%
1999 -8.1% -2.3%
1998 -5.1% -4.25%
1997 -0.23% -4.61%
1996 4.49% -4.84%
1995 - -4.39%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/angola/poland | 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 Poland's deficit of $60.4B, or 6.59% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while Poland ran a deficit in 29 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to deficit of 4% of GDP for Poland.

Inflation comparison by year

Inflation
Angola

Poland
1x
Year Consumer prices inflation
Angola Poland
2024 28.2% 3.78%
2023 13.6% 11.5%
2022 21.4% 14.4%
2021 25.8% 5.06%
2020 22.3% 3.37%
2019 17.1% 2.23%
2018 19.6% 1.81%
2017 29.8% 2.08%
2016 30.7% -0.66%
2015 9.2% -0.87%
2014 7.3% 0.05%
2013 8.8% 0.99%
2012 10.3% 3.56%
2011 13.5% 4.24%
2010 14.5% 2.58%
2009 13.7% 3.8%
2008 12.5% 4.16%
2007 12.2% 2.46%
2006 13.3% 1.28%
2005 23% 2.18%
2004 43.5% 3.38%
2003 98.2% 0.68%
2002 108.9% 1.91%
2001 152.6% 5.41%
2000 325% 9.9%
1999 248.2% 7.15%
1998 107.4% 11.6%
1997 221.5% 14.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 4.39% in Poland. In 2024, inflation was 28.2% in Angola and 3.78% in Poland.

Top exports between countries

Angola
Export category Export value
Raw materials & minerals $32.4M
Machinery & equipment $780K
Raw agricultural goods $582K
Chemicals & pharma $4K
Metals $1K
Poland
Export category Export value
Raw agricultural goods $66.8M
Animal & marine products $14.4M
Machinery & equipment $7.13M
Processed food, beverages & tobacco $6.68M
Metals $3.78M
Textiles & consumer goods $2.97M
Raw materials & minerals $1.61M
Miscellaneous $1.22M
Chemicals & pharma $485K
Wood & paper products $58K

Balance of trade

Angola Poland
Current account balance
$6.31B
2024
$2.8B
2024
Current account balance ranking
30/190
2024
40/190
2024
Current account balance, % of GDP
+6.25%
2024
+0.3%
2024
Goods imports
$14.2B
2024
$367B
2024
Goods exports
$36.8B
2024
$361B
2024
Service imports
$8.49B
2024
$74.9B
2024
Service exports
$129M
2024
$118B
2024
Imports of goods and services, % of GDP
19.4%
2024
48.2%
2024
Exports of goods and services, % of GDP
31.5%
2024
52.2%
2024

Economic freedom indices

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

Angola Poland
Economic freedom 54.4 68.5
Economic freedom ranking 133/197 46/197
Property rights 36.9 71.8
Government integrity 28.3 60.7
Judicial effectiveness 26.3 62.5
Tax burden 86.9 72.7
Government spending 89.3 35.1
Fiscal health 91.9 74.8
Business freedom 42.8 77.5
Labor freedom 50.8 53.7
Monetary freedom 59 73.8
Trade freedom 70.4 79.4
Investment freedom 30 80
Financial freedom 40 80

Economic freedom comparison by year

Angola
Poland
1x
Year Economic freedom index
Angola Poland
2026 54.4 68.5
2025 55 67.1
2024 54.3 66
2023 53 67.7
2022 52.6 68.7
2021 54.2 69.7
2020 52.2 69.1
2019 50.6 67.8
2018 48.6 68.5
2017 48.5 68.3
2016 48.9 69.3
2015 47.9 68.6
2014 47.7 67
2013 47.3 66
2012 46.7 64.2
2011 46.2 64.1
2010 48.4 63.2
2009 47 60.3
2008 46.9 60.3
2007 44.7 58.1
2006 43.5 59.3
2005 - 59.6
2004 - 58.7
2003 - 61.8
2002 - 65
2001 - 61.8
2000 24.3 60
1999 23.7 59.6
1998 24.9 59.2
1997 24.2 56.8
1996 24.4 57.8
1995 27.4 50.7

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Poland
Services, % of GDP
41.1%
2024
59.1%
2024
Industry, % of GDP
34.6%
2024
27.2%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
2.54%
2024
GNI, Atlas method
$108B
2024
$789B
2024
GNI per capita, PPP
$9,460
2024
$49,540
2024
Total reserves including gold
$14.2B
2024
$223B
2024
Total reserves ranking
69/177
2024
17/177
2024
Net foreign direct investment
$1.14B
2024
-$10.6B
2024
Net inflows of foreign direct investment
-$1.11B
2024
$20.6B
2024
Net outflows of foreign direct investment
$33.1M
2024
$10B
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
n/a
Poverty at national poverty lines
36.6%
2020
13.3%
2024
Gross capital formation, % of GDP
10.4%
2024
17.8%
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/poland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, 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 (1960–1999, retrieved 2026-02-20)
  6. TradeMap (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.