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Economy of Angola vs Seychelles compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $2.39B for the Seychelles, ranking 68/197 and 177/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $1.23B (51.5% of GDP) in the Seychelles.

Angola vs Seychelles GDP by year

Angola
Seychelles
1x
Year GDP, current $
Angola Seychelles
2025 $122,174,889,424 $2,387,022,853
2024 $103,080,538,044 $2,228,608,684
2023 $106,042,349,567 $2,171,547,935
2022 $128,233,959,333 $1,999,888,599
2021 $78,283,923,544 $1,487,173,795
2020 $58,512,033,806 $1,382,551,752
2019 $81,193,813,808 $1,868,690,097
2018 $90,506,061,877 $1,784,313,927
2017 $85,629,598,654 $1,675,370,641
2016 $60,770,049,747 $1,568,513,348
2015 $102,543,067,841 $1,432,403,352
2014 $153,449,860,496 $1,387,577,870
2013 $148,845,200,696 $1,333,160,407
2012 $143,572,907,528 $1,089,407,839
2011 $125,551,634,705 $1,058,918,707
2010 $95,546,919,754 $981,616,542
2009 $81,705,175,409 $850,901,620
2008 $98,790,432,989 $979,597,394
2007 $73,037,821,926 $1,077,308,814
2006 $58,653,659,980 $1,081,441,283
2005 $41,396,636,384 $977,899,382
2004 $26,997,977,896 $893,012,218
2003 $20,342,128,112 $750,847,230
2002 $17,311,512,433 $742,134,838
2001 $8,936,079,118 $662,064,156
2000 $9,129,594,970 $654,212,394
1999 $6,152,923,310 $662,838,615
1998 $6,506,221,616 $647,287,376
1997 $7,648,380,196 $598,966,982
1996 $7,526,421,519 $535,250,347
1995 $5,538,749,260 $540,733,048
1994 $4,438,321,017 $517,570,058
1993 $5,768,720,422 $504,230,621
1992 $8,307,810,974 $461,409,399
1991 $10,603,784,541 $398,307,170
1990 $11,229,515,599 $392,163,561
1989 $10,201,780,977 $324,333,367
1988 $8,769,836,769 $301,985,618
1987 $8,084,412,414 $265,212,957
1986 $7,072,536,109 $221,147,061
1985 $7,554,065,410 $179,691,483
1984 $6,131,475,065 $160,992,921
1983 $5,784,341,596 $156,098,237
1982 $5,550,483,036 $157,211,790
1981 $5,550,483,036 $163,750,728
1980 $5,930,503,401 $156,783,830
1979 - $127,261,099
1978 - $85,552,366
1977 - $64,526,401
1976 - $49,278,982
1975 - $47,803,146
1974 - $43,134,496
1973 - $36,896,280
1972 - $30,645,123
1971 - $21,965,951
1970 - $18,432,032
1969 - $16,452,028
1968 - $16,074,028
1967 - $16,632,032
1966 - $16,443,034
1965 - $15,603,032
1964 - $15,393,032
1963 - $13,923,029
1962 - $12,642,026
1961 - $11,592,024
1960 - $12,012,025

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

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

GDP per capita in Angola vs Seychelles by year

Angola
GDP per capita

GDP per capita, PPP
Seychelles
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Seychelles
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $19,449 -
2024 $2,721 $10,119 $18,365 $33,239
2023 $2,886 $9,754 $18,131 $31,781
2022 $3,599 $9,588 $16,683 $29,973
2021 $2,267 $8,862 $14,983 $29,980
2020 $1,749 $7,827 $14,041 $31,056
2019 $2,508 $8,573 $19,142 $34,219
2018 $2,892 $8,278 $18,440 $32,091
2017 $2,832 $8,007 $17,480 $30,675
2016 $2,082 $7,767 $16,567 $28,811
2015 $3,642 $8,067 $15,333 $25,435
2014 $5,650 $9,018 $15,188 $24,985
2013 $5,689 $8,504 $14,821 $22,487
2012 $5,702 $8,246 $12,337 $22,264
2011 $5,184 $7,538 $12,110 $21,781
2010 $4,102 $7,412 $10,935 $18,982
2009 $3,645 $7,228 $9,747 $18,453
2008 $4,578 $7,316 $11,265 $18,881
2007 $3,515 $6,728 $12,669 $19,473
2006 $2,930 $6,018 $12,783 $17,503
2005 $2,146 $5,416 $11,802 $15,846
2004 $1,451 $4,771 $10,828 $14,160
2003 $1,134 $4,322 $9,070 $14,142
2002 $999 $4,241 $8,864 $14,570
2001 $534 $3,802 $8,153 $14,615
2000 $564 $3,690 $8,064 $14,638
1999 $393 $3,619 $8,243 $13,853
1998 $429 $3,609 $8,210 $13,675
1997 $522 $3,525 $7,747 $13,458
1996 $531 $3,342 $7,004 $11,931
1995 $404 $2,990 $7,181 $10,809
1994 $335 $2,633 $6,975 $10,692
1993 $450 $2,628 $6,979 $11,020
1992 $669 $3,486 $6,520 $10,243
1991 $882 $3,740 $5,655 $9,387
1990 $966 $3,705 $5,642 $8,955
1989 $908 - $4,689 -
1988 $807 - $4,392 -
1987 $770 - $3,872 -
1986 $698 - $3,368 -
1985 $772 - $2,754 -
1984 $650 - $2,488 -
1983 $637 - $2,426 -
1982 $634 - $2,441 -
1981 $658 - $2,557 -
1980 $729 - $2,478 -
1979 - - $2,030 -
1978 - - $1,377 -
1977 - - $1,044 -
1976 - - $814 -
1975 - - $806 -
1974 - - $745 -
1973 - - $649 -
1972 - - $547 -
1971 - - $402 -
1970 - - $344 -
1969 - - $314 -
1968 - - $314 -
1967 - - $333 -
1966 - - $338 -
1965 - - $328 -
1964 - - $332 -
1963 - - $308 -
1962 - - $287 -
1961 - - $270.3 -
1960 - - $288.1 -

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

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $19,449 in the Seychelles, ranking 64/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while the Seychelles ranks 67th at $33,239.

Economic indicators

Angola Seychelles
Gross domestic product
$122B
2025
$2.39B
2025
GDP rank
68/197
2025
177/197
2025
GDP growth
3.13%
2024-2025
5.8%
2024-2025
GDP per capita
$3,129
2025
$19,449
2025
GDP per capita rank
142/197
2025
64/197
2025
GDP per capita, PPP
$10,119
2024
$33,239
2024
GDP per capita PPP rank
133/197
2024
67/197
2024
Government debt
$62.7B
2025
$1.23B
2025
Debt-to-GDP ratio
51.3%
2025
51.5%
2025
Government debt per person
$1,606
2025
$10,019
2025
Government debt per person rank
127/185
2025
59/185
2025
Average annual personal income after taxes
$2,550
2026
$11,537
2026
Market capitalization of domestic companies n/a
$646M
2025
Income share by richest 10%
39.6%
2018
23.9%
2018
Income share by poorest 10%
1.3%
2018
2.6%
2018
Government expenditure, % of GDP
18.9%
2025
32.7%
2025
Consumer prices inflation
20.2%
2024-2025
0.3%
2024-2025
Central bank interest rate
17.5%
2026
1.75%
2024
Unemployment rate
10.4%
2025
2.59%
2024
Population
40839390
125859

Spending and national debt comparison by year

Angola
Spending

Debt
Seychelles
Spending

Debt
1x
Year % of GDP
Angola Seychelles
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 32.7% 51.5%
2024 19% 57.1% 33% 56.1%
2023 23.3% 75.7% 33.1% 55.1%
2022 24.8% 57.4% 31.6% 60.6%
2021 22.8% 75.5% 38.8% 71%
2020 24.4% 119.8% 46.7% 77.4%
2019 20.9% 100.8% 31.7% 48.9%
2018 17.8% 81.6% 33% 51.3%
2017 20.7% 59.6% 34.3% 56.7%
2016 19.1% 65.7% 34.5% 64.3%
2015 23.9% 50.4% 31.5% 75.4%
2014 32.3% 35.3% 33.4% 70.4%
2013 32.9% 29.5% 37.8% 68.2%
2012 33.2% 23.8% 38.6% 80.1%
2011 33.3% 26.3% 36.4% 82.5%
2010 34.6% 32.6% 34.6% 82.2%
2009 38.7% 48.4% 32.1% 106.1%
2008 47.2% 28.1% 27% 192.1%
2007 34.1% 18.8% 41.9% 144%
2006 27.3% 16.7% 43.6% 135.1%
2005 23.7% 29.9% 39% 144.1%
2004 26% 41.6% 39.9% 163.2%
2003 30.1% 50.8% 44.6% 177%
2002 27.6% 65.1% 56.3% 195.9%
2001 30.3% 100.2% 46.8% 199.8%
2000 35.8% 118.2% 55.4% 177.8%
1999 45.7% 104.8% 56.1% 159.8%
1998 30.3% 96.3% 60.7% 161.2%
1997 31.1% 73.5% 54.7% 143%
1996 29.3% 92% 59.1% 146.7%
1995 - - 53.1% 133.5%
1994 - - 63.6% 123.5%
1993 - - 60.4% 82.2%
1992 - - 50.7% 79.9%
1991 - - 52.1% 89.2%
1990 - - 46.1% 80.4%
1989 - - 51.7% 39.9%
1988 - - 46.7% 41.3%
1987 - - 49.7% 37%
1986 - - 58% 31.5%
1985 - - 53% 26.5%
1984 - - 50.5% 15.3%
1983 - - 47.9% 12.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1983–1999, retrieved 2026-07-08).

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

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while the Seychelles spent $781M, or 32.7% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 51.5% in the Seychelles, ranking 103/185 and 102/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Seychelles
1x
Year Deficit/surplus, % of GDP
Angola Seychelles
2025 -4.07% -0.99%
2024 -1.19% -0.68%
2023 -2.49% -1.15%
2022 1.78% -0.77%
2021 1.35% -5.76%
2020 -3.05% -15.7%
2019 -0.2% 0.42%
2018 2% -0.8%
2017 -5.68% -1.67%
2016 -3.93% 0.02%
2015 -2.58% 1.39%
2014 -5.08% 2.87%
2013 -0.28% 0.33%
2012 3.67% 2.93%
2011 7.17% 3.36%
2010 2.96% 0.52%
2009 -6.83% 4.84%
2008 -3.82% 7.88%
2007 3.81% -9.93%
2006 8.42% -2.54%
2005 6.4% 0.42%
2004 1.03% 0.44%
2003 -4.1% 3.4%
2002 -2.24% -16.3%
2001 2.8% -8.93%
2000 2.02% -14.7%
1999 -9.4% -10.3%
1998 -5.92% -16.7%
1997 -0.27% -5.91%
1996 5.22% -9.69%
1995 - -2.58%
1994 - -6.95%
1993 - -3.62%
1992 - 6.44%
1991 - 3.15%
1990 - 11.9%
1989 - 8.26%
1988 - 11.8%
1987 - 2.77%
1986 - -10.1%
1985 - -4.86%
1984 - -6.09%
1983 - -3.13%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1983–1989, retrieved 2026-07-08).

GeoRank.org/economy/angola/seychelles | 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 the Seychelles' deficit of $23.5M, or 0.99% of GDP.

Over the past 30 years, Angola recorded a fiscal deficit in 17 of those years, while the Seychelles ran a deficit in 17 years. On average, Angola posted an annual deficit equal to 0.42% of GDP, compared to deficit of 3.12% of GDP for the Seychelles.

Inflation comparison by year

Inflation
Angola

Seychelles
1x
Year Consumer prices inflation
Angola Seychelles
2025 20.2% 0.3%
2024 28.2% 0.31%
2023 13.6% -1.04%
2022 21.4% 2.63%
2021 25.8% 9.77%
2020 22.3% 1.2%
2019 17.1% 1.81%
2018 19.6% 3.7%
2017 29.8% 2.86%
2016 30.7% -1.02%
2015 9.2% 4.04%
2014 7.3% 1.39%
2013 8.8% 4.34%
2012 10.3% 7.11%
2011 13.5% 2.56%
2010 14.5% -2.4%
2009 13.7% 31.8%
2008 12.5% 37%
2007 12.2% 5.32%
2006 13.3% -0.35%
2005 23% 0.91%
2004 43.5% 3.86%
2003 98.2% 3.3%
2002 108.9% 0.18%
2001 152.6% 5.97%
2000 325% 6.27%
1999 248.2% 6.35%
1998 107.4% 2.58%
1997 221.5% 0.62%

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/seychelles | CC BY

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 4.87% in the Seychelles. In 2025, inflation was 20.2% in Angola and 0.3% in the Seychelles.

Top exports between countries

Angola
Export category Export value
Wood & paper products $34K
Seychelles
Export category Export value

Balance of trade

Angola Seychelles
Current account balance
$536M
2025
-$166M
2024
Current account balance ranking
57/190
2025
90/190
2024
Current account balance, % of GDP
+0.44%
2025
-7.46%
2024
Goods imports
$15.5B
2025
$1.38B
2024
Goods exports
$30.6B
2025
$595M
2024
Service imports
$8.51B
2025
$1B
2024
Service exports
$118M
2025
$1.71B
2024
Imports of goods and services, % of GDP
11.7%
2025
92.7%
2025
Exports of goods and services, % of GDP
23%
2025
79.6%
2025

Economic freedom indices

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

Angola Seychelles
Economic freedom 54.4 66.5
Economic freedom ranking 133/197 60/197
Property rights 36.9 82.6
Government integrity 28.3 71.7
Judicial effectiveness 26.3 61.7
Tax burden 86.9 77.3
Government spending 89.3 68
Fiscal health 91.9 92.2
Business freedom 42.8 71.3
Labor freedom 50.8 52
Monetary freedom 59 79.8
Trade freedom 70.4 81.2
Investment freedom 30 30
Financial freedom 40 30

Economic freedom comparison by year

Angola
Seychelles
1x
Year Economic freedom index
Angola Seychelles
2026 54.4 66.5
2025 55 66.4
2024 54.3 60.4
2023 53 59.5
2022 52.6 61.1
2021 54.2 66.3
2020 52.2 64.3
2019 50.6 61.4
2018 48.6 61.6
2017 48.5 61.8
2016 48.9 62.2
2015 47.9 57.5
2014 47.7 56.2
2013 47.3 54.9
2012 46.7 53
2011 46.2 51.2
2010 48.4 47.9
2009 47 47.8
2008 46.9 -
2007 44.7 -
2006 43.5 -
2005 - -
2004 - -
2003 - -
2002 - -
2001 - -
2000 24.3 -
1999 23.7 -
1998 24.9 -
1997 24.2 -
1996 24.4 -
1995 27.4 -

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 66.5 for the Seychelles, ranking 60/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Seychelles
Services, % of GDP
46.8%
2025
67.9%
2025
Industry, % of GDP
27.1%
2025
14.3%
2025
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
2.61%
2025
GNI, Atlas method
$112B
2025
$2.36B
2025
GNI per capita, PPP
$9,840
2025
$34,930
2025
Total reserves including gold
$13.5B
2025
$774M
2024
Total reserves ranking
75/177
2025
146/177
2024
Net foreign direct investment
-$1.02B
2025
-$268M
2024
Net inflows of foreign direct investment
-$1.11B
2024
$226M
2024
Net outflows of foreign direct investment
$33.1M
2024
-$41.4M
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
n/a
Poverty at national poverty lines
36.6%
2020
25.3%
2018
Gross capital formation, % of GDP
10.6%
2024
18.7%
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/seychelles | 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 (1990–2025, 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 (1983–1999, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)
  9. TradeMap (2024, 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.