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Economy of Angola vs Slovenia compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $73B for Slovenia, ranking 71/197 and 86/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Angola vs Slovenia GDP by year

Angola
Slovenia
1x
Year GDP, current $
Angola Slovenia
2024 $100,998,916,781 $72,972,015,197
2023 $107,167,747,140 $69,255,264,238
2022 $131,212,208,930 $59,899,117,741
2021 $79,559,543,805 $61,540,813,362
2020 $58,852,456,454 $53,384,760,135
2019 $80,734,428,593 $53,909,922,736
2018 $89,512,794,227 $53,689,067,640
2017 $84,376,935,689 $48,153,200,135
2016 $59,878,249,719 $44,290,685,824
2015 $102,543,067,841 $42,709,468,275
2014 $153,449,860,496 $49,514,466,380
2013 $148,845,200,697 $47,867,056,859
2012 $143,572,907,528 $46,167,053,954
2011 $125,551,634,704 $51,199,194,599
2010 $95,546,919,755 $47,793,117,241
2009 $81,705,175,408 $49,975,540,955
2008 $98,790,432,989 $55,509,332,322
2007 $73,037,821,927 $47,880,266,543
2006 $58,653,659,980 $39,260,368,837
2005 $41,396,636,383 $35,947,936,824
2004 $26,997,977,897 $34,156,553,313
2003 $20,342,128,112 $29,360,575,032
2002 $17,311,512,432 $23,214,593,516
2001 $8,936,079,118 $20,668,868,707
2000 $9,129,594,970 $20,159,190,702
1999 $6,152,923,310 $22,609,669,084
1998 $6,506,221,616 $22,058,635,314
1997 $7,648,380,196 $20,726,878,752
1996 $7,526,421,519 $21,470,699,363
1995 $5,538,749,260 $21,367,422,159
1994 $4,438,321,017 $16,400,767,070
1993 $5,768,720,422 $14,449,298,372
1992 $8,307,810,974 $14,277,261,541
1991 $10,603,784,541 $14,454,495,059
1990 $11,229,515,599 $19,832,029,087
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/slovenia | CC BY

GDP per capita in Angola vs Slovenia by year

Angola
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 $34,301 $57,186
2023 $2,916 $9,754 $32,660 $56,064
2022 $3,682 $9,588 $28,360 $52,347
2021 $2,304 $8,862 $29,193 $45,914
2020 $1,759 $7,827 $25,392 $41,767
2019 $2,494 $8,573 $25,814 $42,373
2018 $2,860 $8,278 $25,888 $38,620
2017 $2,791 $8,007 $23,303 $36,180
2016 $2,052 $7,767 $21,448 $33,575
2015 $3,642 $8,067 $20,697 $31,336
2014 $5,650 $9,018 $24,013 $30,572
2013 $5,689 $8,504 $23,237 $29,634
2012 $5,702 $8,246 $22,442 $28,787
2011 $5,184 $7,538 $24,941 $28,716
2010 $4,102 $7,412 $23,330 $27,579
2009 $3,645 $7,228 $24,502 $27,229
2008 $4,578 $7,316 $27,462 $29,461
2007 $3,515 $6,728 $23,725 $27,468
2006 $2,930 $6,018 $19,563 $25,571
2005 $2,146 $5,416 $17,970 $23,682
2004 $1,451 $4,771 $17,104 $22,588
2003 $1,134 $4,322 $14,712 $20,916
2002 $999 $4,241 $11,639 $20,004
2001 $534 $3,802 $10,376 $18,763
2000 $564 $3,690 $10,136 $17,892
1999 $393 $3,619 $11,401 $17,007
1998 $429 $3,609 $11,132 $15,994
1997 $522 $3,525 $10,437 $15,257
1996 $531 $3,342 $10,797 $14,284
1995 $404 $2,990 $10,738 $13,637
1994 $335 $2,633 $8,244 $13,975
1993 $450 $2,628 $7,255 $12,976
1992 $669 $3,486 $7,151 $12,296
1991 $882 $3,740 $7,229 $12,698
1990 $966 $3,705 $9,925 $13,491
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/slovenia | CC BY

Angola's GDP per capita is $2,666, ranking 144/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Slovenia ranks 37th at $57,186.

Economic indicators

Angola Slovenia
Gross domestic product
$101B
2024
$73B
2024
GDP rank
71/197
2024
86/197
2024
GDP growth
4.42%
2023-2024
1.73%
2023-2024
GDP per capita
$2,666
2024
$34,301
2024
GDP per capita rank
144/197
2024
34/197
2024
GDP per capita, PPP
$10,119
2024
$57,186
2024
GDP per capita PPP rank
133/197
2024
37/197
2024
Government debt
$60.5B
2024
$48.6B
2024
Debt-to-GDP ratio
59.9%
2024
66.6%
2024
Government debt per person
$1,597
2024
$22,842
2024
Government debt per person rank
127/185
2024
29/185
2024
Average annual personal income after taxes
$28,080
2026
$22,215
2026
Market capitalization of domestic companies n/a
$11.4B
2024
Income share by richest 10%
39.6%
2018
20.6%
2023
Income share by poorest 10%
1.3%
2018
4.1%
2023
Government expenditure, % of GDP
18.4%
2024
46.5%
2024
Consumer prices inflation
28.2%
2023-2024
1.97%
2023-2024
Central bank interest rate
18%
2023
n/a
Unemployment rate
14.1%
2022
3.7%
2024
Population
40555924
2124138

Spending and national debt comparison by year

Angola
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Angola Slovenia
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 46.5% 66.6%
2023 18.8% 72.4% 46.4% 68.3%
2022 19.5% 56.1% 47.7% 72.8%
2021 17.3% 74.3% 49.9% 74.8%
2020 20% 119.1% 51.8% 80.2%
2019 18.2% 101.4% 43.8% 66%
2018 18.3% 82.5% 44.1% 71%
2017 21% 60.5% 44.6% 74.9%
2016 19.4% 66.7% 46.9% 79.4%
2015 23.9% 50.4% 49.5% 83.4%
2014 32.3% 35.3% 50.6% 81.1%
2013 32.9% 29.5% 57.7% 70.8%
2012 33.2% 23.8% 50% 54.1%
2011 33.3% 26.3% 51.4% 46.8%
2010 34.6% 32.6% 50.7% 38.6%
2009 38.7% 48.4% 50% 34.9%
2008 47.2% 28.1% 45.2% 21.9%
2007 34.1% 18.8% 43.5% 22.9%
2006 27.3% 16.7% 45.7% 26.2%
2005 23.7% 29.9% 46.7% 26.6%
2004 26% 41.6% 46.9% 27.1%
2003 30.1% 50.8% 47.6% 27%
2002 27.6% 65.1% 47.8% 27.7%
2001 30.3% 100.2% 49.2% 26.3%
2000 35.8% 118.2% 47.8% 26.1%
1999 39.4% 104.8% 47.2% 23.8%
1998 26.1% 96.3% 46.4% 22.8%
1997 26.8% 73.5% 45.4% 22.1%
1996 25.2% 92% 45.2% 21.6%
1995 - - 53% 18.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-02-20).

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

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 66.6% in Slovenia, ranking 78/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Slovenia
1x
Year Deficit/surplus, % of GDP
Angola Slovenia
2024 -1.01% -0.93%
2023 -1.83% -2.59%
2022 0.58% -3.02%
2021 3.4% -4.61%
2020 -1.66% -7.68%
2019 0.69% 0.68%
2018 2.03% 0.9%
2017 -5.75% 0.05%
2016 -3.98% -2%
2015 -2.57% -2.84%
2014 -5.07% -4.53%
2013 -0.27% -11.2%
2012 3.68% -4.2%
2011 7.2% -6.69%
2010 2.98% -5.56%
2009 -6.8% -5.87%
2008 -3.8% -1.44%
2007 3.85% -0.08%
2006 8.42% -1.26%
2005 6.4% -1.38%
2004 1.03% -1.98%
2003 -4.1% -2.66%
2002 -2.24% -2.47%
2001 2.8% -4.58%
2000 2.02% -3.77%
1999 -8.1% -3.04%
1998 -5.1% -2.39%
1997 -0.23% -2.37%
1996 4.49% -1.16%
1995 - -8.19%

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

GeoRank.org/economy/angola/slovenia | 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 Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 29 years, Angola recorded a fiscal deficit in 15 of those years, while Slovenia ran a deficit in 26 years. On average, Angola posted an annual deficit equal to 0.1% of GDP, compared to deficit of 3.06% of GDP for Slovenia.

Inflation comparison by year

Inflation
Angola

Slovenia
1x
Year Consumer prices inflation
Angola Slovenia
2024 28.2% 1.97%
2023 13.6% 7.45%
2022 21.4% 8.83%
2021 25.8% 1.92%
2020 22.3% -0.05%
2019 17.1% 1.63%
2018 19.6% 1.74%
2017 29.8% 1.43%
2016 30.7% -0.05%
2015 9.2% -0.53%
2014 7.3% 0.2%
2013 8.8% 1.77%
2012 10.3% 2.6%
2011 13.5% 1.8%
2010 14.5% 1.8%
2009 13.7% 0.84%
2008 12.5% 5.65%
2007 12.2% 3.66%
2006 13.3% 2.46%
2005 23% 2.45%
2004 43.5% 3.59%
2003 98.2% 5.54%
2002 108.9% 7.48%
2001 152.6% 8.38%
2000 325% 8.91%
1999 248.2% 6.16%
1998 107.4% 7.89%
1997 221.5% 8.36%

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/slovenia | CC BY

Over the past 28 years, Angola has recorded an average annual inflation rate of 59%, compared with 3.71% in Slovenia. In 2024, inflation was 28.2% in Angola and 1.97% in Slovenia.

Top exports between countries

Angola
Export category Export value
Raw agricultural goods $111K
Raw materials & minerals $14K
Machinery & equipment $1K
Textiles & consumer goods $1K
Slovenia
Export category Export value
Textiles & consumer goods $1.33M
Machinery & equipment $91K
Wood & paper products $79K
Chemicals & pharma $77K
Metals $22K
Raw materials & minerals $4K

Balance of trade

Angola Slovenia
Current account balance
$6.31B
2024
$3.32B
2024
Current account balance ranking
30/190
2024
37/190
2024
Current account balance, % of GDP
+6.25%
2024
+4.55%
2024
Goods imports
$14.2B
2024
$45.2B
2024
Goods exports
$36.8B
2024
$45.6B
2024
Service imports
$8.49B
2024
$9.52B
2024
Service exports
$129M
2024
$13.6B
2024
Imports of goods and services, % of GDP
19.4%
2024
74.7%
2024
Exports of goods and services, % of GDP
31.5%
2024
80.9%
2024

Economic freedom indices

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

Angola Slovenia
Economic freedom 54.4 69.7
Economic freedom ranking 133/197 40/197
Property rights 36.9 87.6
Government integrity 28.3 66.1
Judicial effectiveness 26.3 91.6
Tax burden 86.9 55.5
Government spending 89.3 34.1
Fiscal health 91.9 83.5
Business freedom 42.8 78.7
Labor freedom 50.8 62.7
Monetary freedom 59 77.5
Trade freedom 70.4 79.4
Investment freedom 30 70
Financial freedom 40 50

Economic freedom comparison by year

Angola
Slovenia
1x
Year Economic freedom index
Angola Slovenia
2026 54.4 69.7
2025 55 68.3
2024 54.3 65.9
2023 53 68.5
2022 52.6 70.5
2021 54.2 68.3
2020 52.2 67.8
2019 50.6 65.5
2018 48.6 64.8
2017 48.5 59.2
2016 48.9 60.6
2015 47.9 60.3
2014 47.7 62.7
2013 47.3 61.7
2012 46.7 62.9
2011 46.2 64.6
2010 48.4 64.7
2009 47 62.9
2008 46.9 60.2
2007 44.7 59.6
2006 43.5 61.9
2005 - 59.6
2004 - 59.2
2003 - 57.7
2002 - 57.8
2001 - 61.8
2000 24.3 58.3
1999 23.7 61.3
1998 24.9 60.7
1997 24.2 55.6
1996 24.4 50.4
1995 27.4 -

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Slovenia
Services, % of GDP
41.1%
2024
57.9%
2024
Industry, % of GDP
34.6%
2024
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
1.54%
2024
GNI, Atlas method
$108B
2024
$67.6B
2024
GNI per capita, PPP
$9,460
2024
$56,520
2024
Total reserves including gold
$14.2B
2024
$2.83B
2024
Total reserves ranking
69/177
2024
118/177
2024
Net foreign direct investment
$1.14B
2024
-$405M
2024
Net inflows of foreign direct investment
-$1.11B
2024
$1.87B
2024
Net outflows of foreign direct investment
$33.1M
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
n/a
Poverty at national poverty lines
36.6%
2020
12.7%
2022
Gross capital formation, % of GDP
10.4%
2024
21.5%
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/slovenia | 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. 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.