Angola vs Trinidad and Tobago: Economic Indicators Comparison

Angola with a GDP of $105.8B ranked the 63rd largest economy in the world, while Trinidad and Tobago ranked 113th with $23.8B. By GDP 5-years average growth and GDP per capita, Angola and Trinidad and Tobago ranked 166th vs 175th and 128th vs 53rd, respectively.

Gross Domestic Product & Income

StatAngolaTrinidad and Tobago
GDP$105.8B$23.8B
GDP growth, 1 year-1.7%0.3%
GDP growth, 5-years average0.3%-1.5%
Population29.8M1.4M
GDP per capita$3.4k$17k
GDP per capita growth-5.29%-0.66%
Purchasing Power Parity conversion factor134.513.62
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.54
GDP per capita, PPP adjusted$6.8k$32k
GNI, Atlas method$103.8B$22.2B
GNI per capita$3.4k$16k
GNI, PPP adjusted$190B$43.1B
GNI per capita, PPP adjusted$6.2k$31k

Financial system and Human development

StatAngolaTrinidad and Tobago
Income Tax Rate17%25%
Corporate Tax Rate30%25%
Inflation, consumer prices19.6%1.1%
Inflation, GDP deflator34.8%6.1%
Unemployment7.3%2.8%
Economic Freedom Index52.258.3
Personal Freedom Index5.446.88
Human Freedom Index5.026.81
Property Rights Index36.956.6
Judical Effectiveness Index14.342.1
Business Freedom Index57.767.3
Fiscal Health Index71.915.9
Labor Freedom Index61.176
Investment Freedom Index3060
Financial Freedom Index4050
Trade Freedom Index66.267.8
Monetary Freedom Index59.677.4
Government Spending Index85.766.5
Tax Burden Index87.382.6
Government Integrity Index15.137.4
Corruption Perceptions Index1941
Life expectancy at birth, years60.473.2
Suicide mortality rate, per 100,000 people4.713.6
Mortality caused by road traffic injury, per 100,000 people23.612.1
Intentional homicides, per 100,000 people4.930.9
International tourism, number of arrivals218k375k

Government debt & reserves

StatAngolaTrinidad and Tobago
Central government debt, % of GDP88.1%45.3%
External debt stocks, % of GNI54%N/A
External debt stocks$54.6BN/A
Short-term debt, % of total reserves15%N/A
Total debt service, % of exports and primary income21.9%N/A
Adjusted net savings including particulate emission damage, % of GNI-16.3%N/A
Gross savings, % of GDP26.4%N/A
Gross capital formation, % of GDP24.1%N/A
Total reserves including gold$15.4B$8.1B
Foreign direct investment net inflows-$5.7B-$602.5M

Exports, imports and economic structure

StatAngolaTrinidad and Tobago
Exports of goods and services, % of GDP29%N/A
Imports of goods and services, % of GDP23.3%N/A
Current account balance (balance of payments)$7.4B$1.2B
Revenue excluding grants, % of GDP16.4%38.4%
Grants excluding technical cooperation, BoP$138.9M$2.4M
Personal remittances received$1.6M$138.7M
Industry including construction value added, % of GDP42.2%42%
Agriculture, forestry and fishing value added, % of GDP10%1%
Charges for the use of intellectual property, payments BoP$246.6M$63.9M
Charges for the use of intellectual property, receipts BoP$8.2M$882k
Expense, % of GDP16.7%35.9%
Government Expenditure, % of GDP21.8%33.4%

Compare with countries close by GDP per capita

Angola vs

CountryGDP
per capita
Population
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M

Trinidad and Tobago vs

CountryGDP
per capita
Population
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M