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Economy of Angola vs South Sudan compared: GDP & Debt

Updated on by Georank team

Angola has a GDP of $101B compared to $12B for South Sudan, ranking 71/197 and 149/197 by economy size, respectively.

Angola has $60.5B in government debt (59.9% of GDP), compared to $7.04B (50.7% of GDP) in South Sudan.

Angola vs South Sudan GDP by year

Angola
South Sudan
1x
Year GDP, current $
Angola South Sudan
2024 $100,998,916,781 -
2023 $107,167,747,140 -
2022 $131,212,208,930 -
2021 $79,559,543,805 -
2020 $58,852,456,454 -
2019 $80,734,428,593 -
2018 $89,512,794,227 -
2017 $84,376,935,689 -
2016 $59,878,249,719 -
2015 $102,543,067,841 $11,997,800,760
2014 $153,449,860,496 $13,962,212,847
2013 $148,845,200,697 $18,426,469,017
2012 $143,572,907,528 $11,931,472,169
2011 $125,551,634,704 $14,907,308,933
2010 $95,546,919,755 $14,602,072,411
2009 $81,705,175,408 $12,231,264,525
2008 $98,790,432,989 $14,586,253,383
2007 $73,037,821,927 -
2006 $58,653,659,980 -
2005 $41,396,636,383 -
2004 $26,997,977,897 -
2003 $20,342,128,112 -
2002 $17,311,512,432 -
2001 $8,936,079,118 -
2000 $9,129,594,970 -
1999 $6,152,923,310 -
1998 $6,506,221,616 -
1997 $7,648,380,196 -
1996 $7,526,421,519 -
1995 $5,538,749,260 -
1994 $4,438,321,017 -
1993 $5,768,720,422 -
1992 $8,307,810,974 -
1991 $10,603,784,541 -
1990 $11,229,515,599 -
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/south-sudan | CC BY

GDP per capita in Angola vs South Sudan by year

Angola
GDP per capita

GDP per capita, PPP
South Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola South Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $2,666 $10,119 - -
2023 $2,916 $9,754 - -
2022 $3,682 $9,588 - -
2021 $2,304 $8,862 - -
2020 $1,759 $7,827 - -
2019 $2,494 $8,573 - -
2018 $2,860 $8,278 - -
2017 $2,791 $8,007 - -
2016 $2,052 $7,767 - -
2015 $3,642 $8,067 $1,080 $1,155
2014 $5,650 $9,018 $1,243 $1,373
2013 $5,689 $8,504 $1,650 $1,917
2012 $5,702 $8,246 $1,109 $1,417
2011 $5,184 $7,538 $1,449 $2,718
2010 $4,102 $7,412 $1,498 $2,948
2009 $3,645 $7,228 $1,323 $2,911
2008 $4,578 $7,316 $1,654 $2,887
2007 $3,515 $6,728 - -
2006 $2,930 $6,018 - -
2005 $2,146 $5,416 - -
2004 $1,451 $4,771 - -
2003 $1,134 $4,322 - -
2002 $999 $4,241 - -
2001 $534 $3,802 - -
2000 $564 $3,690 - -
1999 $393 $3,619 - -
1998 $429 $3,609 - -
1997 $522 $3,525 - -
1996 $531 $3,342 - -
1995 $404 $2,990 - -
1994 $335 $2,633 - -
1993 $450 $2,628 - -
1992 $669 $3,486 - -
1991 $882 $3,740 - -
1990 $966 $3,705 - -
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/south-sudan | CC BY

Angola's GDP per capita is $2,666, ranking 144/197, compared to $1,080 in South Sudan, ranking 175/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while South Sudan ranks 197th at $1,155.

Economic indicators

Angola South Sudan
Gross domestic product
$101B
2024
$12B
2015
GDP rank
71/197
2024
149/197
2015
GDP growth
4.42%
2023-2024
-10.8%
2014-2015
GDP per capita
$2,666
2024
$1,080
2015
GDP per capita rank
144/197
2024
175/197
2015
GDP per capita, PPP
$10,119
2024
$1,155
2015
GDP per capita PPP rank
133/197
2024
197/197
2015
Government debt
$60.5B
2024
$7.04B
2015
Debt-to-GDP ratio
59.9%
2024
50.7%
2024
Government debt per person
$1,597
2024
$633
2015
Government debt per person rank
127/185
2024
158/185
2015
Average annual personal income after taxes
$28,080
2026
$1,305
2026
Income share by richest 10%
39.6%
2018
33%
2016
Income share by poorest 10%
1.3%
2018
1.8%
2016
Government expenditure, % of GDP
18.4%
2024
18.1%
2024
Consumer prices inflation
28.2%
2023-2024
91.4%
2023-2024
Central bank interest rate
18%
2023
15%
2023
Unemployment rate
14.1%
2022
12.3%
2008
Population
40555924
12507858

Spending and national debt comparison by year

Angola
Spending

Debt
South Sudan
Spending

Debt
1x
Year % of GDP
Angola South Sudan
Government spending Government debt Government spending Government debt
2024 18.4% 59.9% 18.1% 50.7%
2023 18.8% 72.4% 21.4% 51.9%
2022 19.5% 56.1% 29.4% 37.3%
2021 17.3% 74.3% 44.1% 50.2%
2020 20% 119.1% 34.1% 49%
2019 18.2% 101.4% 47.9% 43.1%
2018 18.3% 82.5% 54.5% 77.6%
2017 21% 60.5% 97% 178.3%
2016 19.4% 66.7% 66.5% 164.7%
2015 23.9% 50.4% 34% 58.6%
2014 32.3% 35.3% 35.8% 37.7%
2013 32.9% 29.5% 25.3% 17.6%
2012 33.2% 23.8% 31.6% 8.91%
2011 33.3% 26.3% 20.8% -
2010 34.6% 32.6% - -
2009 38.7% 48.4% - -
2008 47.2% 28.1% - -
2007 34.1% 18.8% - -
2006 27.3% 16.7% - -
2005 23.7% 29.9% - -
2004 26% 41.6% - -
2003 30.1% 50.8% - -
2002 27.6% 65.1% - -
2001 30.3% 100.2% - -
2000 35.8% 118.2% - -
1999 39.4% 104.8% - -
1998 26.1% 96.3% - -
1997 26.8% 73.5% - -
1996 25.2% 92% - -

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

GeoRank.org/economy/angola/south-sudan | CC BY

In 2024, Angola's government spending was $18.6B, accounting for 18.4% of its GDP, while South Sudan spent $4.08B, or 18.1% of GDP.

Debt-to-GDP ratio is 59.9% in Angola and 50.7% in South Sudan, ranking 78/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Angola

South Sudan
1x
Year Deficit/surplus, % of GDP
Angola South Sudan
2024 -1.01% 11.7%
2023 -1.83% 8.04%
2022 0.58% 4.48%
2021 3.4% -9.3%
2020 -1.66% -5.5%
2019 0.69% 0.04%
2018 2.03% -1.06%
2017 -5.75% 9.56%
2016 -3.98% -19.8%
2015 -2.57% -16.4%
2014 -5.07% -9.07%
2013 -0.27% -3.45%
2012 3.68% -14.8%
2011 7.2% 4.57%
2010 2.98% -
2009 -6.8% -
2008 -3.8% -
2007 3.85% -
2006 8.42% -
2005 6.4% -
2004 1.03% -
2003 -4.1% -
2002 -2.24% -
2001 2.8% -
2000 2.02% -
1999 -8.1% -
1998 -5.1% -
1997 -0.23% -
1996 4.49% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20).

GeoRank.org/economy/angola/south-sudan | CC BY

In 2015, Angola's government deficit, the difference between spending and revenue, was $2.64B, equivalent to 2.57% of GDP. This compares to South Sudan's deficit of $1.97B, or 16.4% of GDP.

Over the past 5 years, Angola recorded a fiscal deficit in 3 of those years, while South Sudan ran a deficit in 4 years. On average, Angola posted an annual surplus equal to 0.59% of GDP, compared to deficit of 7.83% of GDP for South Sudan.

Inflation comparison by year

Inflation
Angola

South Sudan
1x
Year Consumer prices inflation
Angola South Sudan
2024 28.2% 91.4%
2023 13.6% 2.38%
2022 21.4% -6.69%
2021 25.8% 10.5%
2020 22.3% 29.7%
2019 17.1% 87.2%
2018 19.6% 83.5%
2017 29.8% 187.9%
2016 30.7% 380%
2015 9.2% 52.8%
2014 7.3% 1.67%
2013 8.8% -0.06%
2012 10.3% 45.5%
2011 13.5% 46.9%
2010 14.5% 1.17%
2009 13.7% 5.01%
2008 12.5% -
2007 12.2% -
2006 13.3% -
2005 23% -
2004 43.5% -
2003 98.2% -
2002 108.9% -
2001 152.6% -
2000 325% -
1999 248.2% -
1998 107.4% -
1997 221.5% -

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (2009–2024, retrieved 2026-04-06).

GeoRank.org/economy/angola/south-sudan | CC BY

Over the past 16 years, Angola has recorded an average annual inflation rate of 17.9%, compared with 63.7% in South Sudan. In 2024, inflation was 28.2% in Angola and 91.4% in South Sudan.

Balance of trade

Angola South Sudan
Current account balance
$6.31B
2024
$578M
2023
Current account balance ranking
30/190
2024
60/190
2023
Current account balance, % of GDP
+6.25%
2024
-4.17%
2015
Goods imports
$14.2B
2024
$2.25B
2023
Goods exports
$36.8B
2024
$4.01B
2023
Service imports
$8.49B
2024
$2.19B
2023
Service exports
$129M
2024
$484M
2023
Imports of goods and services, % of GDP
19.4%
2024
28.9%
2015
Exports of goods and services, % of GDP
31.5%
2024
36.7%
2015

Economic freedom indices

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

Angola South Sudan
Economic freedom 54.4 41
Economic freedom ranking 133/197 186/197
Property rights 36.9 n/a
Government integrity 28.3 n/a
Judicial effectiveness 26.3 n/a
Tax burden 86.9 n/a
Government spending 89.3 n/a
Fiscal health 91.9 n/a
Business freedom 42.8 n/a
Labor freedom 50.8 n/a
Monetary freedom 59 n/a
Trade freedom 70.4 n/a
Investment freedom 30 n/a
Financial freedom 40 n/a

Other economic metrics

Angola South Sudan
Services, % of GDP
41.1%
2024
56.6%
2015
Industry, % of GDP
34.6%
2024
33.1%
2015
Agriculture, forestry, and fishing, % of GDP
22.1%
2024
10.4%
2015
GNI, Atlas method
$108B
2024
$11.7B
2015
GNI per capita, PPP
$9,460
2024
$1,010
2015
Total reserves including gold
$14.2B
2024
$72.9M
2023
Total reserves ranking
69/177
2024
175/177
2023
Net foreign direct investment
$1.14B
2024
$2.21M
2019
Net inflows of foreign direct investment
-$1.11B
2024
$83.4M
2024
Net outflows of foreign direct investment
$33.1M
2024
$0
2024
Servicing debt to the IMF, % of GNI
11.5%
2024
n/a
Poverty at national poverty lines
36.6%
2020
66%
2020
Gross capital formation, % of GDP
10.4%
2024
5.75%
2015

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/south-sudan | 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 (1996–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-02-20)
  6. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.