Skip to content

Economy of Angola vs Qatar compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $219B for Qatar, ranking 71/197 and 56/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $90.2B (41.2% of GDP) in Qatar.

Angola vs Qatar GDP by year

Angola
Qatar
1x
Year GDP, current $
Angola Qatar
2024 $100,998,916,781 $219,162,637,363
2023 $107,167,747,140 $217,308,516,484
2022 $131,212,208,930 $235,709,340,659
2021 $79,559,543,805 $179,732,142,857
2020 $58,852,456,454 $144,411,538,462
2019 $80,734,428,593 $176,371,428,571
2018 $89,512,794,227 $183,335,164,835
2017 $84,376,935,689 $161,099,175,824
2016 $59,878,249,719 $151,732,142,857
2015 $102,543,067,841 $161,739,835,165
2014 $153,449,860,496 $206,224,725,275
2013 $148,845,200,697 $198,727,747,253
2012 $143,572,907,528 $186,833,516,484
2011 $125,551,634,704 $167,775,274,725
2010 $95,546,919,755 $123,627,197,802
2009 $81,705,175,408 $97,798,351,648
2008 $98,790,432,989 $115,270,054,945
2007 $73,037,821,927 $79,712,087,912
2006 $58,653,659,980 $60,882,142,857
2005 $41,396,636,383 $44,530,494,505
2004 $26,997,977,897 $31,734,065,934
2003 $20,342,128,112 $23,533,791,209
2002 $17,311,512,432 $19,363,736,264
2001 $8,936,079,118 $17,538,461,538
2000 $9,129,594,970 $17,759,890,110
1999 $6,152,923,310 $12,393,131,868
1998 $6,506,221,616 $10,255,495,027
1997 $7,648,380,196 $11,297,802,115
1996 $7,526,421,519 $9,059,340,385
1995 $5,538,749,260 $8,137,911,978
1994 $4,438,321,017 $7,374,450,769
1993 $5,768,720,422 $7,156,593,654
1992 $8,307,810,974 $7,646,153,984
1991 $10,603,784,541 $6,883,516,484
1990 $11,229,515,599 $7,360,439,423
1989 $10,201,780,977 $6,487,912,088
1988 $8,769,836,769 $6,038,187,033
1987 $8,084,412,414 $5,446,428,681
1986 $7,072,536,109 $5,053,021,951
1985 $7,554,065,410 $6,153,296,456
1984 $6,131,475,065 $6,704,395,824
1983 $5,784,341,596 $6,467,582,308
1982 $5,550,483,036 $7,596,703,214
1981 $5,550,483,036 $8,661,263,764
1980 $5,930,503,401 $7,829,165,262
1979 - $5,632,962,997
1978 - $4,052,000,413
1977 - $3,617,564,638
1976 - $3,284,273,987
1975 - $2,512,773,166
1974 - $2,401,403,227
1973 - $793,885,560
1972 - $510,262,500
1971 - $387,703,106
1970 - $301,791,302

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Angola vs Qatar by year

Angola
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $76,689 $126,046
2023 $2,916 $9,754 $81,817 $129,368
2022 $3,682 $9,588 $88,701 $122,921
2021 $2,304 $8,862 $71,752 $116,833
2020 $1,759 $7,827 $51,684 $82,149
2019 $2,494 $8,573 $66,841 $107,503
2018 $2,860 $8,278 $71,040 $110,033
2017 $2,791 $8,007 $63,280 $99,358
2016 $2,052 $7,767 $61,254 $89,935
2015 $3,642 $8,067 $68,985 $102,546
2014 $5,650 $9,018 $95,841 $148,389
2013 $5,689 $8,504 $103,697 $169,203
2012 $5,702 $8,246 $108,470 $180,939
2011 $5,184 $7,538 $103,262 $174,620
2010 $4,102 $7,412 $76,463 $151,646
2009 $3,645 $7,228 $60,786 $125,898
2008 $4,578 $7,316 $80,781 $126,015
2007 $3,515 $6,728 $65,954 $124,056
2006 $2,930 $6,018 $62,582 $127,181
2005 $2,146 $5,416 $53,950 $115,250
2004 $1,451 $4,771 $41,036 $110,958
2003 $1,134 $4,322 $31,602 $94,120
2002 $999 $4,241 $27,227 $93,177
2001 $534 $3,802 $25,871 $89,805
2000 $564 $3,690 $27,535 $88,849
1999 $393 $3,619 $20,234 $84,690
1998 $429 $3,609 $17,665 $84,486
1997 $522 $3,525 $20,523 $79,219
1996 $531 $3,342 $17,125 $62,331
1995 $404 $2,990 $15,823 $60,321
1994 $335 $2,633 $14,765 $59,415
1993 $450 $2,628 $14,770 $59,125
1992 $669 $3,486 $16,280 $60,387
1991 $882 $3,740 $15,133 $54,759
1990 $966 $3,705 $16,722 $55,659
1989 $908 - $15,243 -
1988 $807 - $14,682 -
1987 $770 - $13,719 -
1986 $698 - $13,213 -
1985 $772 - $16,815 -
1984 $650 - $19,272 -
1983 $637 - $19,616 -
1982 $634 - $24,385 -
1981 $658 - $29,505 -
1980 $729 - $28,375 -
1979 - - $21,777 -
1978 - - $16,757 -
1977 - - $16,058 -
1976 - - $15,710 -
1975 - - $13,014 -
1974 - - $13,540 -
1973 - - $4,905 -
1972 - - $3,483 -
1971 - - $2,952 -
1970 - - $2,594 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Angola's GDP per capita is $2,666, ranking 144/197, compared to $76,689 in Qatar, ranking 11/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Qatar ranks 5th at $126,046.

Economic indicators

Angola Qatar
Gross domestic product
$101B
2024
$219B
2024
GDP rank
71/197
2024
56/197
2024
GDP growth
4.42%
2023-2024
2.36%
2023-2024
GDP per capita
$2,666
2024
$76,689
2024
GDP per capita rank
144/197
2024
11/197
2024
GDP per capita, PPP
$10,119
2024
$126,046
2024
GDP per capita PPP rank
133/197
2024
5/197
2024
Government debt
$60.5B
2024
$90.2B
2024
Debt-to-GDP ratio
59.9%
2024
41.2%
2024
Government debt per person
$1,597
2024
$31,579
2024
Government debt per person rank
127/185
2024
23/185
2024
Average annual personal income after taxes
$28,080
2026
$35,660
2026
Market capitalization of domestic companies n/a
$170M
2024
Number of millionaires n/a
26,163
2025
Number of billionaires n/a
2
2025
Income share by richest 10%
39.6%
2018
25.8%
2017
Income share by poorest 10%
1.3%
2018
2.6%
2017
Government expenditure, % of GDP
18.4%
2024
26%
2024
Consumer prices inflation
28.2%
2023-2024
1.27%
2023-2024
Central bank interest rate
18%
2023
4.1%
2025
Unemployment rate
14.1%
2022
0.13%
2022
Population
40555924
2999260

Spending and national debt comparison by year

Angola
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Angola Qatar
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 26% 41.2%
2023 18.8% 72.4% 27.3% 43.7%
2022 19.5% 56.1% 24.3% 42.6%
2021 17.3% 74.3% 29.4% 58.4%
2020 20% 119.1% 34.7% 72.6%
2019 18.2% 101.4% 32.5% 62.1%
2018 18.3% 82.5% 28.9% 52.2%
2017 21% 60.5% 34.7% 51.6%
2016 19.4% 66.7% 40.1% 46.7%
2015 23.9% 50.4% 38.6% 35.5%
2014 32.3% 35.3% 32.3% 24.9%
2013 32.9% 29.5% 28.3% 30.9%
2012 33.2% 23.8% 31% 32.1%
2011 33.3% 26.3% 28.5% 33.5%
2010 34.6% 32.6% 32% 30.4%
2009 38.7% 48.4% 36.4% 36%
2008 47.2% 28.1% 23.5% 11.4%
2007 34.1% 18.8% 29.5% 9.37%
2006 27.3% 16.7% 29.5% 13.9%
2005 23.7% 29.9% 29% 19.1%
2004 26% 41.6% 29.9% 30.1%
2003 30.1% 50.8% 28.5% 38.8%
2002 27.6% 65.1% 31.6% 47.7%
2001 30.3% 100.2% 32.1% 59.2%
2000 35.8% 118.2% 29.8% 51.6%
1999 39.4% 104.8% 42.4% 81.8%
1998 26.1% 96.3% 55.1% 76.6%
1997 26.8% 73.5% 47.6% 54.4%
1996 25.2% 92% 55.2% 57.8%
1995 - - 52.2% 50.2%
1994 - - 59.8% 54.8%
1993 - - 62.8% 46.3%
1992 - - 54.2% 19.9%
1991 - - 57.5% 21.8%
1990 - - 50% 12.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-02-20).

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

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while Qatar spent $56.9B, or 26% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 41.2% in Qatar, ranking 78/185 and 130/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Qatar
1x
Year Deficit/surplus, % of GDP
Angola Qatar
2024 -1.01% 0.69%
2023 -1.83% 5.56%
2022 0.58% 10.4%
2021 3.4% 0.24%
2020 -1.66% -2.13%
2019 0.69% 1%
2018 2.03% 2.26%
2017 -5.75% -6.82%
2016 -3.98% -9.2%
2015 -2.57% 18.4%
2014 -5.07% 13.4%
2013 -0.27% 19.3%
2012 3.68% 8.55%
2011 7.2% 5.24%
2010 2.98% 4.6%
2009 -6.8% 14.1%
2008 -3.8% 9.49%
2007 3.85% 10.3%
2006 8.42% 8.39%
2005 6.4% 9.8%
2004 1.03% 17.7%
2003 -4.1% 6.71%
2002 -2.24% 7.89%
2001 2.8% 4.48%
2000 2.02% 4.62%
1999 -8.1% -4.35%
1998 -5.1% -7%
1997 -0.23% -9.4%
1996 4.49% -8.73%
1995 - -5.78%
1994 - -11.8%
1993 - -9.53%
1992 - -2.74%
1991 - -2.57%
1990 - 3.23%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/angola/qatar | 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 Qatar's surplus of $1.52B, or 0.69% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while Qatar ran a deficit in 7 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to surplus of 4.67% of GDP for Qatar.

Inflation comparison by year

Inflation
Angola

Qatar
1x
Year Consumer prices inflation
Angola Qatar
2024 28.2% 1.27%
2023 13.6% 3.03%
2022 21.4% 5%
2021 25.8% 2.3%
2020 22.3% -2.54%
2019 17.1% -0.67%
2018 19.6% 0.26%
2017 29.8% 0.39%
2016 30.7% 2.68%
2015 9.2% 1.81%
2014 7.3% 3.35%
2013 8.8% 3.22%
2012 10.3% 2.32%
2011 13.5% 1.14%
2010 14.5% -2.43%
2009 13.7% -4.86%
2008 12.5% 15.1%
2007 12.2% 13.8%
2006 13.3% 11.8%
2005 23% 8.81%
2004 43.5% 6.8%
2003 98.2% 2.26%
2002 108.9% 0.24%
2001 152.6% 1.47%
2000 325% 1.65%
1999 248.2% 2.18%
1998 107.4% 2.95%
1997 221.5% 4.83%

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/qatar | CC BY

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 3.15% in Qatar. In 2024, inflation was 28.2% in Angola and 1.27% in Qatar.

Top exports between countries

Angola
Export category Export value
Machinery & equipment $58.2M
Chemicals & pharma $61K
Wood & paper products $29K
Processed food, beverages & tobacco $27K
Textiles & consumer goods $13K
Precious metals & jewellery $7K
Raw materials & minerals $4K
Metals $2K
Weapons & explosives $1K
Qatar
Export category Export value
Chemicals & pharma $6.95M
Machinery & equipment $5.07M
Raw materials & minerals $580K
Textiles & consumer goods $15K

Balance of trade

Angola Qatar
Current account balance
$6.31B
2024
$37.9B
2024
Current account balance ranking
30/190
2024
16/190
2024
Current account balance, % of GDP
+6.25%
2024
+17.3%
2024
Goods imports
$14.2B
2024
$32.6B
2024
Goods exports
$36.8B
2024
$95B
2024
Service imports
$8.49B
2024
$37.1B
2024
Service exports
$129M
2024
$30.2B
2024
Imports of goods and services, % of GDP
19.4%
2024
31.6%
2022
Exports of goods and services, % of GDP
31.5%
2024
68.6%
2022

Economic freedom indices

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

Angola Qatar
Economic freedom 54.4 70.2
Economic freedom ranking 133/197 37/197
Property rights 36.9 66.2
Government integrity 28.3 53.5
Judicial effectiveness 26.3 41.5
Tax burden 86.9 99.9
Government spending 89.3 79.9
Fiscal health 91.9 96.6
Business freedom 42.8 68
Labor freedom 50.8 58.5
Monetary freedom 59 76
Trade freedom 70.4 81.8
Investment freedom 30 60
Financial freedom 40 60

Economic freedom comparison by year

Angola
Qatar
1x
Year Economic freedom index
Angola Qatar
2026 54.4 70.2
2025 55 70.2
2024 54.3 68.8
2023 53 68.6
2022 52.6 67.7
2021 54.2 72
2020 52.2 72.3
2019 50.6 72.6
2018 48.6 72.6
2017 48.5 73.1
2016 48.9 70.7
2015 47.9 70.8
2014 47.7 71.2
2013 47.3 71.3
2012 46.7 71.3
2011 46.2 70.5
2010 48.4 69
2009 47 65.8
2008 46.9 62.2
2007 44.7 62.9
2006 43.5 62.4
2005 - 63.5
2004 - 66.5
2003 - 65.9
2002 - 61.9
2001 - 60
2000 24.3 62
1999 23.7 62
1998 24.9 -
1997 24.2 -
1996 24.4 -
1995 27.4 -

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Qatar
Services, % of GDP
41.1%
2024
46.1%
2024
Industry, % of GDP
34.6%
2024
58.2%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
0.29%
2024
GNI, Atlas method
$108B
2024
$221B
2024
GNI per capita, PPP
$9,460
2024
$121,900
2024
Total reserves including gold
$14.2B
2024
$54B
2024
Total reserves ranking
69/177
2024
40/177
2024
Net foreign direct investment
$1.14B
2024
$1.1B
2024
Net inflows of foreign direct investment
-$1.11B
2024
$460M
2024
Net outflows of foreign direct investment
$33.1M
2024
$1.56B
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
n/a
Poverty at national poverty lines
36.6%
2020
n/a
Gross capital formation, % of GDP
10.4%
2024
30.6%
2022

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/qatar | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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. TradeMap (2021–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-02-20)
  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.