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Economy of Angola vs Tonga compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $679M for Tonga, ranking 68/197 and 191/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $186M (27.4% of GDP) in Tonga.

Angola vs Tonga GDP by year

Angola
Tonga
1x
Year GDP, current $
Angola Tonga
2025 $122,174,889,424 $679,218,219
2024 $103,080,538,044 $647,488,244
2023 $106,042,349,567 $591,139,734
2022 $128,233,959,333 $556,514,556
2021 $78,283,923,544 $519,306,339
2020 $58,512,033,806 $506,571,487
2019 $81,193,813,808 $506,031,248
2018 $90,506,061,877 $493,530,767
2017 $85,629,598,654 $459,976,847
2016 $60,770,049,747 $420,828,255
2015 $102,543,067,841 $437,525,539
2014 $153,449,860,496 $440,997,735
2013 $148,845,200,696 $451,788,498
2012 $143,572,907,528 $471,122,971
2011 $125,551,634,705 $414,143,828
2010 $95,546,919,754 $366,887,375
2009 $81,705,175,409 $312,415,028
2008 $98,790,432,989 $344,438,844
2007 $73,037,821,926 $298,519,623
2006 $58,653,659,980 $292,232,703
2005 $41,396,636,384 $261,823,805
2004 $26,997,977,896 $230,678,011
2003 $20,342,128,112 $202,246,591
2002 $17,311,512,433 $182,764,281
2001 $8,936,079,118 $181,117,230
2000 $9,129,594,970 $204,848,488
1999 $6,152,923,310 $199,208,718
1998 $6,506,221,616 $191,504,893
1997 $7,648,380,196 $214,991,452
1996 $7,526,421,519 $222,100,576
1995 $5,538,749,260 $208,871,666
1994 $4,438,321,017 $195,990,986
1993 $5,768,720,422 $138,489,884
1992 $8,307,810,974 $137,066,291
1991 $10,603,784,541 $132,201,141
1990 $11,229,515,599 $113,563,822
1989 $10,201,780,977 $106,344,855
1988 $8,769,836,769 $106,657,267
1987 $8,084,412,414 $81,667,133
1986 $7,072,536,109 $68,195,856
1985 $7,554,065,410 $60,058,663
1984 $6,131,475,065 $64,248,355
1983 $5,784,341,596 $60,863,964
1982 $5,550,483,036 $62,068,161
1981 $5,550,483,036 $62,242,013
1980 $5,930,503,401 $53,260,077
1979 - $44,667,002
1978 - $41,567,472
1977 - $34,139,388
1976 - $30,036,417
1975 - $32,506,742

Data sources: World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08).

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

GDP per capita in Angola vs Tonga by year

Angola
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $6,547 -
2024 $2,721 $10,119 $6,215 -
2023 $2,886 $9,754 $5,652 $7,803
2022 $3,599 $9,588 $5,298 $7,296
2021 $2,267 $8,862 $4,923 $6,929
2020 $1,749 $7,827 $4,792 $6,676
2019 $2,508 $8,573 $4,789 $6,473
2018 $2,892 $8,278 $4,675 $6,393
2017 $2,832 $8,007 $4,366 $6,229
2016 $2,082 $7,767 $3,988 $5,920
2015 $3,642 $8,067 $4,124 $5,472
2014 $5,650 $9,018 $4,137 $5,336
2013 $5,689 $8,504 $4,219 $5,120
2012 $5,702 $8,246 $4,384 $4,996
2011 $5,184 $7,538 $3,850 $4,855
2010 $4,102 $7,412 $3,416 $4,465
2009 $3,645 $7,228 $2,914 $4,384
2008 $4,578 $7,316 $3,218 $4,600
2007 $3,515 $6,728 $2,797 $4,316
2006 $2,930 $6,018 $2,750 $4,327
2005 $2,146 $5,416 $2,478 $4,315
2004 $1,451 $4,771 $2,195 $4,235
2003 $1,134 $4,322 $1,936 $4,231
2002 $999 $4,241 $1,759 $4,171
2001 $534 $3,802 $1,754 $3,955
2000 $564 $3,690 $1,995 $3,834
1999 $393 $3,619 $1,952 $3,636
1998 $429 $3,609 $1,889 $3,527
1997 $522 $3,525 $2,136 $3,434
1996 $531 $3,342 $2,215 $3,410
1995 $404 $2,990 $2,084 $3,347
1994 $335 $2,633 $1,957 $3,088
1993 $450 $2,628 $1,383 $2,882
1992 $669 $3,486 $1,370 $2,716
1991 $882 $3,740 $1,323 $2,652
1990 $966 $3,705 $1,139 $2,416
1989 $908 - $1,070 -
1988 $807 - $1,078 -
1987 $770 - $830 -
1986 $698 - $696 -
1985 $772 - $613 -
1984 $650 - $656 -
1983 $637 - $621 -
1982 $634 - $633 -
1981 $658 - $636 -
1980 $729 - $545 -
1979 - - $458 -
1978 - - $428 -
1977 - - $353 -
1976 - - $315 -
1975 - - $349 -

Data sources: World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08).

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $6,547 in Tonga, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Tonga ranks 144th at $7,803.

Economic indicators

Angola Tonga
Gross domestic product
$122B
2025
$679M
2025
GDP rank
68/197
2025
191/197
2025
GDP growth
3.13%
2024-2025
2.8%
2024-2025
GDP per capita
$3,129
2025
$6,547
2025
GDP per capita rank
142/197
2025
110/197
2025
GDP per capita, PPP
$10,119
2024
$7,803
2023
GDP per capita PPP rank
133/197
2024
144/197
2023
Government debt
$62.7B
2025
$186M
2025
Debt-to-GDP ratio
51.3%
2025
27.4%
2025
Government debt per person
$1,606
2025
$1,793
2025
Government debt per person rank
127/185
2025
123/185
2025
Average annual personal income after taxes
$2,550
2026
$4,104
2026
Income share by richest 10%
39.6%
2018
22%
2021
Income share by poorest 10%
1.3%
2018
4%
2021
Government expenditure, % of GDP
18.9%
2025
46.8%
2025
Consumer prices inflation
20.2%
2024-2025
5.59%
2024-2025
Central bank interest rate
17.5%
2026
n/a
Unemployment rate
10.4%
2025
1.65%
2023
Population
40839390
103283

Spending and national debt comparison by year

Angola
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Angola Tonga
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 46.8% 27.4%
2024 19% 57.1% 44.3% 31.9%
2023 23.3% 75.7% 41.5% 37.2%
2022 24.8% 57.4% 41.3% 40.2%
2021 22.8% 75.5% 44.5% 43%
2020 24.4% 119.8% 37.1% 41.7%
2019 20.9% 100.8% 39% 41.8%
2018 17.8% 81.6% 39.3% 45.5%
2017 20.7% 59.6% 39.7% 44.7%
2016 19.1% 65.7% 37.2% 49.4%
2015 23.9% 50.4% 37.4% 51.1%
2014 32.3% 35.3% 31.5% 47.4%
2013 32.9% 29.5% 34.3% 48.9%
2012 33.2% 23.8% 32% 60%
2011 33.3% 26.3% 32.6% 51.9%
2010 34.6% 32.6% 28.4% 44.7%
2009 38.7% 48.4% 23.9% 39.7%
2008 47.2% 28.1% 24% 34%
2007 34.1% 18.8% 23.2% 37.8%
2006 27.3% 16.7% 25.6% 39.6%
2005 23.7% 29.9% 19.8% 43.3%
2004 26% 41.6% 19.3% 52.2%
2003 30.1% 50.8% 20% 56.2%
2002 27.6% 65.1% 21.3% 60.7%
2001 30.3% 100.2% 19.1% 53.4%
2000 35.8% 118.2% 20% 43.6%
1999 45.7% 104.8% 18.8% 38.4%
1998 30.3% 96.3% - -
1997 31.1% 73.5% - -
1996 29.3% 92% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-07-08).

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

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while Tonga spent $318M, or 46.8% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 27.4% in Tonga, ranking 103/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Tonga
1x
Year Deficit/surplus, % of GDP
Angola Tonga
2025 -4.07% 4.86%
2024 -1.19% 3.6%
2023 -2.49% 5.28%
2022 1.78% -0.09%
2021 1.35% -0.87%
2020 -3.05% 5.15%
2019 -0.2% 3.2%
2018 2% 2.9%
2017 -5.68% 3.58%
2016 -3.93% 1.47%
2015 -2.58% -2.75%
2014 -5.08% 6.38%
2013 -0.28% -1.3%
2012 3.67% -1.74%
2011 7.17% -6.02%
2010 2.96% -1.22%
2009 -6.83% 6.85%
2008 -3.82% 2.14%
2007 3.81% 5.39%
2006 8.42% 1.34%
2005 6.4% 4.23%
2004 1.03% 4.23%
2003 -4.1% 2.37%
2002 -2.24% 2.59%
2001 2.8% 2.23%
2000 2.02% 1.35%
1999 -9.4% 1.55%
1998 -5.92% -
1997 -0.27% -
1996 5.22% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, retrieved 2026-07-08).

GeoRank.org/economy/angola/tonga | 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 Tonga's surplus of $33M, or 4.86% of GDP.

Over the past 27 years, Angola recorded a fiscal deficit in 15 of those years, while Tonga ran a deficit in 7 years. On average, Angola posted an annual deficit equal to 0.43% of GDP, compared to surplus of 2.1% of GDP for Tonga.

Inflation comparison by year

Inflation
Angola

Tonga
1x
Year Consumer prices inflation
Angola Tonga
2025 20.2% 5.59%
2024 28.2% 3.18%
2023 13.6% 6.35%
2022 21.4% 11%
2021 25.8% 5.64%
2020 22.3% -0.35%
2019 17.1% 1.18%
2018 19.6% 5.03%
2017 29.8% 7.52%
2016 30.7% 2.58%
2015 9.2% -1.05%
2014 7.3% 2.51%
2013 8.8% 0.78%
2012 10.3% 1.15%
2011 13.5% 6.27%
2010 14.5% 3.53%
2009 13.7% 1.43%
2008 12.5% 10.4%
2007 12.2% 5.84%
2006 13.3% 6.15%
2005 23% 8.67%
2004 43.5% 11%
2003 98.2% 11.6%
2002 108.9% 10.4%
2001 152.6% 8.29%
2000 325% 6.33%
1999 248.2% 4.46%
1998 107.4% 3.27%
1997 221.5% 2.12%

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/tonga | CC BY

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 5.2% in Tonga. In 2025, inflation was 20.2% in Angola and 5.59% in Tonga.

Balance of trade

Angola Tonga
Current account balance
$536M
2025
-$43.5M
2024
Current account balance ranking
57/190
2025
76/190
2024
Current account balance, % of GDP
+0.44%
2025
-6.72%
2024
Goods imports
$15.5B
2025
$232M
2024
Goods exports
$30.6B
2025
$10.8M
2024
Service imports
$8.51B
2025
$161M
2024
Service exports
$118M
2025
$93.6M
2024
Imports of goods and services, % of GDP
11.7%
2025
60.7%
2024
Exports of goods and services, % of GDP
23%
2025
16.9%
2024

Economic freedom indices

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

Angola Tonga
Economic freedom 54.4 58.9
Economic freedom ranking 133/197 107/197
Property rights 36.9 71.1
Government integrity 28.3 45.1
Judicial effectiveness 26.3 64.9
Tax burden 86.9 85.6
Government spending 89.3 31
Fiscal health 91.9 97.3
Business freedom 42.8 59.2
Labor freedom 50.8 55.9
Monetary freedom 59 61
Trade freedom 70.4 75.4
Investment freedom 30 40
Financial freedom 40 20

Economic freedom comparison by year

Angola
Tonga
1x
Year Economic freedom index
Angola Tonga
2026 54.4 58.9
2025 55 58.5
2024 54.3 59.2
2023 53 60
2022 52.6 60.8
2021 54.2 57.5
2020 52.2 58.8
2019 50.6 57.7
2018 48.6 63.1
2017 48.5 63
2016 48.9 59.6
2015 47.9 59.3
2014 47.7 58.2
2013 47.3 56
2012 46.7 57
2011 46.2 55.8
2010 48.4 53.4
2009 47 54.1
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/tonga | CC BY

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 58.9 for Tonga, ranking 107/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Tonga
Services, % of GDP
46.8%
2025
49.5%
2024
Industry, % of GDP
27.1%
2025
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
18.6%
2024
GNI, Atlas method
$112B
2025
$709M
2025
GNI per capita, PPP
$9,840
2025
$9,240
2025
Total reserves including gold
$13.5B
2025
$413M
2025
Total reserves ranking
75/177
2025
162/177
2025
Net foreign direct investment
-$1.02B
2025
$13.3M
2024
Net inflows of foreign direct investment
-$1.11B
2024
-$12.1M
2024
Net outflows of foreign direct investment
$33.1M
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
6.33%
2024
Poverty at national poverty lines
36.6%
2020
20.6%
2021
Gross capital formation, % of GDP
10.6%
2024
26.4%
2024

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/tonga | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1996–2025, 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 (1996–1999, 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)

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.