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Economy of Angola vs Switzerland compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $1.04T for Switzerland, ranking 68/197 and 20/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $411B (39.4% of GDP) in Switzerland.

Angola vs Switzerland GDP by year

Angola
Switzerland
1x
Year GDP, current $
Angola Switzerland
2025 $122,174,889,424 $1,043,529,899,251
2024 $103,080,538,044 $969,919,786,395
2023 $106,042,349,567 $928,435,275,852
2022 $128,233,959,333 $858,479,038,994
2021 $78,283,923,544 $840,710,023,481
2020 $58,512,033,806 $756,096,180,222
2019 $81,193,813,808 $736,384,764,157
2018 $90,506,061,877 $740,766,531,454
2017 $85,629,598,654 $706,660,443,624
2016 $60,770,049,747 $698,607,778,795
2015 $102,543,067,841 $706,199,008,879
2014 $153,449,860,496 $741,168,119,617
2013 $148,845,200,696 $718,748,402,260
2012 $143,572,907,528 $697,882,536,677
2011 $125,551,634,705 $727,231,637,102
2010 $95,546,919,754 $609,999,593,542
2009 $81,705,175,409 $563,659,557,945
2008 $98,790,432,989 $574,703,945,157
2007 $73,037,821,926 $498,993,845,385
2006 $58,653,659,980 $448,364,681,767
2005 $41,396,636,384 $424,511,048,024
2004 $26,997,977,896 $409,012,909,530
2003 $20,342,128,112 $366,563,952,625
2002 $17,311,512,433 $313,930,961,761
2001 $8,936,079,118 $290,160,142,214
2000 $9,129,594,970 $282,327,351,966
1999 $6,152,923,310 $301,911,268,140
1998 $6,506,221,616 $306,907,741,068
1997 $7,648,380,196 $298,868,250,534
1996 $7,526,421,519 $345,373,647,249
1995 $5,538,749,260 $358,152,520,085
1994 $4,438,321,017 $305,916,331,798
1993 $5,768,720,422 $276,339,744,180
1992 $8,307,810,974 $284,139,428,246
1991 $10,603,784,541 $272,953,645,746
1990 $11,229,515,599 $269,768,238,555
1989 $10,201,780,977 $211,241,694,480
1988 $8,769,836,769 $218,788,504,066
1987 $8,084,412,414 $202,238,567,597
1986 $7,072,536,109 $161,487,171,049
1985 $7,554,065,410 $112,652,623,418
1984 $6,131,475,065 $111,104,641,869
1983 $5,784,341,596 $116,361,728,836
1982 $5,550,483,036 $116,776,899,473
1981 $5,550,483,036 $113,936,168,924
1980 $5,930,503,401 $124,404,609,417
1979 - $116,702,524,208
1978 - $103,821,687,919
1977 - $74,237,819,014
1976 - $69,508,364,538
1975 - $66,452,559,176
1974 - $57,963,469,607
1973 - $50,296,651,921
1972 - $37,399,508,287
1971 - $30,492,832,676
1970 - $25,374,750,743
1969 - $22,780,211,812
1968 - $21,024,203,656
1967 - $19,689,329,510
1966 - $18,290,928,227
1965 - $17,033,079,428
1964 - $16,071,715,835
1963 - $14,499,109,270
1962 - $13,185,384,691
1961 - $11,889,851,950
1960 - $10,569,129,806

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

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

GDP per capita in Angola vs Switzerland by year

Angola
GDP per capita

GDP per capita, PPP
Switzerland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Switzerland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $114,769 -
2024 $2,721 $10,119 $107,702 $96,498
2023 $2,886 $9,754 $104,450 $95,142
2022 $3,599 $9,588 $97,809 $94,421
2021 $2,267 $8,862 $96,583 $81,001
2020 $1,749 $7,827 $87,530 $72,998
2019 $2,508 $8,573 $85,873 $73,732
2018 $2,892 $8,278 $87,002 $70,689
2017 $2,832 $8,007 $83,610 $68,194
2016 $2,082 $7,767 $83,432 $67,351
2015 $3,642 $8,067 $85,265 $65,265
2014 $5,650 $9,018 $90,512 $63,417
2013 $5,689 $8,504 $88,851 $61,656
2012 $5,702 $8,246 $87,270 $59,441
2011 $5,184 $7,538 $91,910 $57,494
2010 $4,102 $7,412 $77,956 $54,426
2009 $3,645 $7,228 $72,788 $52,999
2008 $4,578 $7,316 $75,148 $53,809
2007 $3,515 $6,728 $66,082 $50,928
2006 $2,930 $6,018 $59,910 $46,266
2005 $2,146 $5,416 $57,080 $41,525
2004 $1,451 $4,771 $55,350 $40,171
2003 $1,134 $4,322 $49,947 $38,732
2002 $999 $4,241 $43,094 $38,705
2001 $534 $3,802 $40,134 $37,819
2000 $564 $3,690 $39,298 $36,703
1999 $393 $3,619 $42,261 $34,743
1998 $429 $3,609 $43,166 $33,860
1997 $522 $3,525 $42,160 $32,736
1996 $531 $3,342 $48,838 $31,509
1995 $404 $2,990 $50,869 $30,842
1994 $335 $2,633 $43,741 $30,265
1993 $450 $2,628 $39,828 $29,495
1992 $669 $3,486 $41,327 $29,113
1991 $882 $3,740 $40,140 $28,792
1990 $966 $3,705 $40,171 $28,461
1989 $908 - $31,780 -
1988 $807 - $33,183 -
1987 $770 - $30,899 -
1986 $698 - $24,828 -
1985 $772 - $17,411 -
1984 $650 - $17,247 -
1983 $637 - $18,128 -
1982 $634 - $18,271 -
1981 $658 - $17,931 -
1980 $729 - $19,686 -
1979 - - $18,541 -
1978 - - $16,528 -
1977 - - $11,819 -
1976 - - $11,029 -
1975 - - $10,484 -
1974 - - $9,140 -
1973 - - $7,974 -
1972 - - $5,973 -
1971 - - $4,908 -
1970 - - $4,105 -
1969 - - $3,712 -
1968 - - $3,465 -
1967 - - $3,286 -
1966 - - $3,091 -
1965 - - $2,908 -
1964 - - $2,776 -
1963 - - $2,546 -
1962 - - $2,366 -
1961 - - $2,188 -
1960 - - $1,984 -

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

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $114,769 in Switzerland, ranking 5/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Switzerland ranks 8th at $96,498.

Economic indicators

Angola Switzerland
Gross domestic product
$122B
2025
$1.04T
2025
GDP rank
68/197
2025
20/197
2025
GDP growth
3.13%
2024-2025
1.3%
2024-2025
GDP per capita
$3,129
2025
$114,769
2025
GDP per capita rank
142/197
2025
5/197
2025
GDP per capita, PPP
$10,119
2024
$96,498
2024
GDP per capita PPP rank
133/197
2024
8/197
2024
Government debt
$62.7B
2025
$411B
2025
Debt-to-GDP ratio
51.3%
2025
39.4%
2025
Government debt per person
$1,606
2025
$45,239
2025
Government debt per person rank
127/185
2025
12/185
2025
Average annual personal income after taxes
$2,550
2026
$89,347
2026
Market capitalization of domestic companies n/a
$2.51T
2025
Number of millionaires n/a
944,000
2026
Number of billionaires n/a
45
2026
Income share by richest 10%
39.6%
2018
26.6%
2022
Income share by poorest 10%
1.3%
2018
2.9%
2022
Government expenditure, % of GDP
18.9%
2025
31.2%
2025
Consumer prices inflation
20.2%
2024-2025
0.15%
2024-2025
Central bank interest rate
17.5%
2026
0%
2025
Unemployment rate
10.4%
2025
4.84%
2025
Population
40839390
9155878

Spending and national debt comparison by year

Angola
Spending

Debt
Switzerland
Spending

Debt
1x
Year % of GDP
Angola Switzerland
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 31.2% 39.4%
2024 19% 57.1% 31.3% 40.5%
2023 23.3% 75.7% 30.9% 37.3%
2022 24.8% 57.4% 30.5% 35.9%
2021 22.8% 75.5% 33.4% 39.7%
2020 24.4% 119.8% 36.3% 42.4%
2019 20.9% 100.8% 31.3% 38.8%
2018 17.8% 81.6% 31.1% 39%
2017 20.7% 59.6% 31.9% 41.1%
2016 19.1% 65.7% 31.9% 40.3%
2015 23.9% 50.4% 31.9% 41.4%
2014 32.3% 35.3% 31.5% 41.2%
2013 32.9% 29.5% 32% 41.2%
2012 33.2% 23.8% 31.1% 41.9%
2011 33.3% 26.3% 31% 41.2%
2010 34.6% 32.6% 30.9% 40.7%
2009 38.7% 48.4% 31.2% 42.4%
2008 47.2% 28.1% 29.6% 44.2%
2007 34.1% 18.8% 29% 44%
2006 27.3% 16.7% 30.1% 47.7%
2005 23.7% 29.9% 31.9% 54.1%
2004 26% 41.6% 32.6% 57.1%
2003 30.1% 50.8% 32.8% 56.2%
2002 27.6% 65.1% 33.6% 56.9%
2001 30.3% 100.2% 31.2% 50.5%
2000 35.8% 118.2% 31.9% 51.7%
1999 45.7% 104.8% 32.8% 52%
1998 30.3% 96.3% 32.3% 55.3%
1997 31.1% 73.5% 32.5% 52.9%
1996 29.3% 92% 32.5% 50.6%
1995 - - 32% 49.3%
1994 - - 32% 46.4%
1993 - - 31.9% 43.7%
1992 - - 30.8% 38.9%
1991 - - 29% 34.6%
1990 - - 27.2% 32.8%
1989 - - 30% 32.5%
1988 - - 30.3% 35%
1987 - - 29.8% 36.5%
1986 - - 29.8% 37.6%
1985 - - 30.1% 39.1%
1984 - - 30.4% 39.8%
1983 - - 31.2% 40.2%
1982 - - 30.5% 40%
1981 - - 29.4% 40.8%
1980 - - 29.9% 43.9%
1979 - - 30.5% 44.6%
1978 - - 30.4% 46.6%
1977 - - 31% 46.9%
1976 - - 31.6% 46.7%
1975 - - 29.3% 42.3%
1974 - - 27.5% 38.4%
1973 - - 26.5% 37%
1972 - - 25.7% 38%
1971 - - 25.4% 38.7%
1970 - - 25.8% 38.9%
1969 - - 9.45% 7.08%
1968 - - 8.87% 6.99%
1967 - - 8.68% 7.26%
1966 - - 8.95% 7.62%
1965 - - 8.33% 8.28%
1964 - - 8.85% 9.43%
1963 - - 8.2% 10.8%
1962 - - 8.1% 12%
1961 - - 7.97% 14%
1960 - - 7.11% 16.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while Switzerland spent $326B, or 31.2% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 39.4% in Switzerland, ranking 103/185 and 136/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Switzerland
1x
Year Deficit/surplus, % of GDP
Angola Switzerland
2025 -4.07% 0.45%
2024 -1.19% 0.53%
2023 -2.49% 0.12%
2022 1.78% 1.15%
2021 1.35% -0.28%
2020 -3.05% -2.96%
2019 -0.2% 1.31%
2018 2% 1.26%
2017 -5.68% 1.11%
2016 -3.93% 0.23%
2015 -2.58% 0.54%
2014 -5.08% -0.24%
2013 -0.28% -0.42%
2012 3.67% 0.23%
2011 7.17% 0.67%
2010 2.96% 0.35%
2009 -6.83% 0.49%
2008 -3.82% 1.91%
2007 3.81% 1.55%
2006 8.42% 0.83%
2005 6.4% -0.64%
2004 1.03% -1.37%
2003 -4.1% -1.34%
2002 -2.24% -1.72%
2001 2.8% 0.2%
2000 2.02% 0.28%
1999 -9.4% -1.55%
1998 -5.92% -1.29%
1997 -0.27% -2.3%
1996 5.22% -1.98%
1995 - -1.83%
1994 - -2.55%
1993 - -3.1%
1992 - -2.92%
1991 - -1.82%
1990 - -0.05%
1989 - 0.2%
1988 - 0.42%
1987 - 0.78%
1986 - 0.93%
1985 - -0.25%
1984 - -0.52%
1983 - -1.23%
1982 - -1.21%
1981 - -0.54%
1980 - -1.34%
1979 - -1.79%
1978 - -1.12%
1977 - -1.64%
1976 - -1.89%
1975 - -0.93%
1974 - -1.01%
1973 - -0.93%
1972 - -1.39%
1971 - -1.41%
1970 - -1.44%
1969 - -0.98%
1968 - -0.73%
1967 - -1.07%
1966 - -0.87%
1965 - 0.05%
1964 - 0.77%
1963 - 0.25%
1962 - 0.95%
1961 - 0.34%
1960 - 1.95%
1959 - 0.72%
1958 - 0.59%
1957 - 0.66%
1956 - 2.24%
1955 - 1.1%
1954 - 1.44%
1953 - 0.38%
1952 - -1.17%
1951 - -0.36%
1950 - 1.49%
1949 - 0.04%
1948 - 1.37%
1947 - 1.27%
1946 - 0.52%
1945 - -7.57%
1944 - -9.37%
1943 - -8.55%
1942 - -7.28%
1941 - -8.78%
1940 - -10%
1939 - -5.05%
1938 - -1.53%
1937 - -0.17%
1936 - -0.33%
1935 - -0.23%
1934 - -0.33%
1933 - -0.88%
1932 - -0.3%
1931 - 0.03%
1930 - 0.07%
1929 - 0.22%
1928 - -
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -0.12%
1912 - 0.03%
1911 - -0.006%
1910 - -0.14%
1909 - -0.78%
1908 - -0.1%
1907 - -0.02%
1906 - 0.15%
1905 - 0.41%
1904 - 0.002%
1903 - 0.09%
1902 - 0.02%
1901 - -0.14%
1900 - -0.07%
1899 - 0.1%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/angola/switzerland | 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 Switzerland's surplus of $4.71B, or 0.45% of GDP.

Over the past 30 years, Angola recorded a fiscal deficit in 17 of those years, while Switzerland ran a deficit in 12 years. On average, Angola posted an annual deficit equal to 0.42% of GDP, compared to deficit of 0.1% of GDP for Switzerland.

Inflation comparison by year

Inflation
Angola

Switzerland
1x
Year Consumer prices inflation
Angola Switzerland
2025 20.2% 0.15%
2024 28.2% 1.06%
2023 13.6% 2.14%
2022 21.4% 2.84%
2021 25.8% 0.58%
2020 22.3% -0.73%
2019 17.1% 0.36%
2018 19.6% 0.94%
2017 29.8% 0.53%
2016 30.7% -0.43%
2015 9.2% -1.14%
2014 7.3% -0.01%
2013 8.8% -0.22%
2012 10.3% -0.69%
2011 13.5% 0.23%
2010 14.5% 0.69%
2009 13.7% -0.48%
2008 12.5% 2.43%
2007 12.2% 0.73%
2006 13.3% 1.06%
2005 23% 1.17%
2004 43.5% 0.8%
2003 98.2% 0.64%
2002 108.9% 0.64%
2001 152.6% 0.99%
2000 325% 1.56%
1999 248.2% 0.81%
1998 107.4% 0.02%
1997 221.5% 0.52%

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/switzerland | CC BY

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 0.59% in Switzerland. In 2025, inflation was 20.2% in Angola and 0.15% in Switzerland.

Top exports between countries

Angola
Export category Export value
Machinery & equipment $8.68M
Textiles & consumer goods $48K
Raw agricultural goods $42K
Wood & paper products $12K
Precious metals & jewellery $4K
Chemicals & pharma $1K
Metals $1K
Switzerland
Export category Export value
Machinery & equipment $6.01M
Chemicals & pharma $1.58M
Textiles & consumer goods $885K
Precious metals & jewellery $724K
Raw materials & minerals $431K
Metals $354K
Weapons & explosives $43K
Processed food, beverages & tobacco $40K
Miscellaneous $17K
Wood & paper products $12K

Balance of trade

Angola Switzerland
Current account balance
$536M
2025
$72.9B
2025
Current account balance ranking
57/190
2025
11/190
2025
Current account balance, % of GDP
+0.44%
2025
+6.98%
2025
Goods imports
$15.5B
2025
$508B
2025
Goods exports
$30.6B
2025
$617B
2025
Service imports
$8.51B
2025
$214B
2025
Service exports
$118M
2025
$195B
2025
Imports of goods and services, % of GDP
11.7%
2025
69.1%
2025
Exports of goods and services, % of GDP
23%
2025
78.1%
2025

Economic freedom indices

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

Angola Switzerland
Economic freedom 54.4 83.7
Economic freedom ranking 133/197 2/197
Property rights 36.9 94.4
Government integrity 28.3 93.3
Judicial effectiveness 26.3 98.3
Tax burden 86.9 70.9
Government spending 89.3 69.5
Fiscal health 91.9 97.2
Business freedom 42.8 86.3
Labor freedom 50.8 60
Monetary freedom 59 82.3
Trade freedom 70.4 87
Investment freedom 30 85
Financial freedom 40 80

Economic freedom comparison by year

Angola
Switzerland
1x
Year Economic freedom index
Angola Switzerland
2026 54.4 83.7
2025 55 83.7
2024 54.3 83
2023 53 83.8
2022 52.6 84.2
2021 54.2 81.9
2020 52.2 82
2019 50.6 81.9
2018 48.6 81.7
2017 48.5 81.5
2016 48.9 81
2015 47.9 80.5
2014 47.7 81.6
2013 47.3 81
2012 46.7 81.1
2011 46.2 81.9
2010 48.4 81.1
2009 47 79.4
2008 46.9 79.5
2007 44.7 78
2006 43.5 78.9
2005 - 79.3
2004 - 79.5
2003 - 79
2002 - 79.3
2001 - 76
2000 24.3 76.8
1999 23.7 79.1
1998 24.9 79
1997 24.2 78.6
1996 24.4 76.8
1995 27.4 -

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

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

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 83.7 for Switzerland, ranking 2/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Switzerland
Services, % of GDP
46.8%
2025
71.7%
2025
Industry, % of GDP
27.1%
2025
25%
2025
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
0.64%
2025
GNI, Atlas method
$112B
2025
$1T
2025
GNI per capita, PPP
$9,840
2025
$101,690
2025
Total reserves including gold
$13.5B
2025
$1.08T
2025
Total reserves ranking
75/177
2025
4/177
2025
Net foreign direct investment
-$1.02B
2025
$37.6B
2025
Net inflows of foreign direct investment
-$1.11B
2024
-$108B
2024
Net outflows of foreign direct investment
$33.1M
2024
-$27.9B
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
n/a
Poverty at national poverty lines
36.6%
2020
15.8%
2021
Gross capital formation, % of GDP
10.6%
2024
29.5%
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/switzerland | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1899–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.