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Economy of Angola vs Vanuatu compared: GDP & Debt

Updated on by Georank

Angola has a GDP of $122B compared to $1.35B for Vanuatu, ranking 68/197 and 185/197 by economy size, respectively.

Angola has $62.7B in government debt (51.3% of GDP), compared to $554M (40.9% of GDP) in Vanuatu.

Angola vs Vanuatu GDP by year

Angola
Vanuatu
1x
Year GDP, current $
Angola Vanuatu
2025 $122,174,889,424 $1,353,658,841
2024 $103,080,538,044 $1,297,956,615
2023 $106,042,349,567 $1,188,137,265
2022 $128,233,959,333 $1,151,863,790
2021 $78,283,923,544 $1,093,826,089
2020 $58,512,033,806 $1,017,403,363
2019 $81,193,813,808 $1,061,547,513
2018 $90,506,061,877 $1,034,402,941
2017 $85,629,598,654 $998,536,155
2016 $60,770,049,747 $908,725,513
2015 $102,543,067,841 $855,360,240
2014 $153,449,860,496 $879,185,478
2013 $148,845,200,696 $863,347,172
2012 $143,572,907,528 $747,839,698
2011 $125,551,634,705 $770,153,588
2010 $95,546,919,754 $670,712,980
2009 $81,705,175,409 $592,622,319
2008 $98,790,432,989 $590,748,429
2007 $73,037,821,926 $516,392,923
2006 $58,653,659,980 $439,358,587
2005 $41,396,636,384 $394,962,433
2004 $26,997,977,896 $364,996,869
2003 $20,342,128,112 $314,471,413
2002 $17,311,512,433 $262,596,536
2001 $8,936,079,118 $257,926,882
2000 $9,129,594,970 $272,014,628
1999 $6,152,923,310 $268,006,973
1998 $6,506,221,616 $262,293,411
1997 $7,648,380,196 $272,771,209
1996 $7,526,421,519 $261,370,044
1995 $5,538,749,260 $249,333,250
1994 $4,438,321,017 $233,701,301
1993 $5,768,720,422 $200,491,853
1992 $8,307,810,974 $209,088,825
1991 $10,603,784,541 $201,334,169
1990 $11,229,515,599 $168,879,207
1989 $10,201,780,977 $154,013,202
1988 $8,769,836,769 $158,351,368
1987 $8,084,412,414 $139,464,174
1986 $7,072,536,109 $126,498,935
1985 $7,554,065,410 $131,856,421
1984 $6,131,475,065 $144,482,515
1983 $5,784,341,596 $117,389,554
1982 $5,550,483,036 $114,501,913
1981 $5,550,483,036 $113,781,796
1980 $5,930,503,401 $121,185,498
1979 - $119,258,835

Data sources: World Bank | Economy & Growth (1979–2025, retrieved 2026-07-08).

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

GDP per capita in Angola vs Vanuatu by year

Angola
GDP per capita

GDP per capita, PPP
Vanuatu
GDP per capita

GDP per capita, PPP
1x
Year Current $
Angola Vanuatu
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,129 - $4,039 -
2024 $2,721 $10,119 $3,960 $3,606
2023 $2,886 $9,754 $3,708 $3,568
2022 $3,599 $9,588 $3,680 $3,453
2021 $2,267 $8,862 $3,576 $3,136
2020 $1,749 $7,827 $3,404 $3,118
2019 $2,508 $8,573 $3,636 $3,315
2018 $2,892 $8,278 $3,626 $3,233
2017 $2,832 $8,007 $3,585 $3,146
2016 $2,082 $7,767 $3,340 $3,030
2015 $3,642 $8,067 $3,214 $2,966
2014 $5,650 $9,018 $3,378 $2,890
2013 $5,689 $8,504 $3,393 $2,832
2012 $5,702 $8,246 $3,005 $2,834
2011 $5,184 $7,538 $3,163 $2,816
2010 $4,102 $7,412 $2,815 $2,733
2009 $3,645 $7,228 $2,546 $2,730
2008 $4,578 $7,316 $2,604 $2,701
2007 $3,515 $6,728 $2,334 $2,573
2006 $2,930 $6,018 $2,035 $2,496
2005 $2,146 $5,416 $1,874 $2,287
2004 $1,451 $4,771 $1,774 $2,157
2003 $1,134 $4,322 $1,567 $2,070
2002 $999 $4,241 $1,341 $1,995
2001 $534 $3,802 $1,350 $2,125
2000 $564 $3,690 $1,460 $2,206
1999 $393 $3,619 $1,472 $2,084
1998 $429 $3,609 $1,471 $2,091
1997 $522 $3,525 $1,562 $2,087
1996 $531 $3,342 $1,529 $1,998
1995 $404 $2,990 $1,492 $1,961
1994 $335 $2,633 $1,431 $1,946
1993 $450 $2,628 $1,257 $1,789
1992 $669 $3,486 $1,344 $1,777
1991 $882 $3,740 $1,326 $1,737
1990 $966 $3,705 $1,141 $1,670
1989 $908 - $1,067 -
1988 $807 - $1,125 -
1987 $770 - $1,017 -
1986 $698 - $946 -
1985 $772 - $1,012 -
1984 $650 - $1,137 -
1983 $637 - $947 -
1982 $634 - $946 -
1981 $658 - $962 -
1980 $729 - $1,048 -
1979 - - $1,055 -

Data sources: World Bank | Economy & Growth (1979–2025, retrieved 2026-07-08).

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

Angola's GDP per capita is $3,129, ranking 142/197, compared to $4,039 in Vanuatu, ranking 133/197. Adjusted for purchasing power (GDP per capita PPP), Angola ranks 133rd at $10,119, while Vanuatu ranks 170th at $3,606.

Economic indicators

Angola Vanuatu
Gross domestic product
$122B
2025
$1.35B
2025
GDP rank
68/197
2025
185/197
2025
GDP growth
3.13%
2024-2025
3.05%
2024-2025
GDP per capita
$3,129
2025
$4,039
2025
GDP per capita rank
142/197
2025
133/197
2025
GDP per capita, PPP
$10,119
2024
$3,606
2024
GDP per capita PPP rank
133/197
2024
170/197
2024
Government debt
$62.7B
2025
$554M
2025
Debt-to-GDP ratio
51.3%
2025
40.9%
2025
Government debt per person
$1,606
2025
$1,654
2025
Government debt per person rank
127/185
2025
125/185
2025
Average annual personal income after taxes
$2,550
2026
$2,801
2026
Income share by richest 10%
39.6%
2018
24.7%
2019
Income share by poorest 10%
1.3%
2018
3%
2019
Government expenditure, % of GDP
18.9%
2025
35.5%
2025
Consumer prices inflation
20.2%
2024-2025
0.66%
2024-2025
Central bank interest rate
17.5%
2026
n/a
Unemployment rate
10.4%
2025
1.41%
2025
Population
40839390
346488

Spending and national debt comparison by year

Angola
Spending

Debt
Vanuatu
Spending

Debt
1x
Year % of GDP
Angola Vanuatu
Government spending Government debt Government spending Government debt
2025 18.9% 51.3% 35.5% 40.9%
2024 19% 57.1% 33.1% 39.1%
2023 23.3% 75.7% 38.9% 39.2%
2022 24.8% 57.4% 38.5% 39.2%
2021 22.8% 75.5% 38.6% 42.2%
2020 24.4% 119.8% 38.8% 42.9%
2019 20.9% 100.8% 35.1% 39.8%
2018 17.8% 81.6% 29.4% 40%
2017 20.7% 59.6% 32.7% 46.4%
2016 19.1% 65.7% 31.2% 37.6%
2015 23.9% 50.4% 38.1% 32.2%
2014 32.3% 35.3% 20.5% 17.8%
2013 32.9% 29.5% 20.1% 16.4%
2012 33.2% 23.8% 22.1% 17.4%
2011 33.3% 26.3% 22.7% 19.3%
2010 34.6% 32.6% 25.6% 18.3%
2009 38.7% 48.4% 24.9% 19.1%
2008 47.2% 28.1% 25.1% 19.2%
2007 34.1% 18.8% 20.3% 17.6%
2006 27.3% 16.7% 18.2% 20%
2005 23.7% 29.9% 16.5% 23.8%
2004 26% 41.6% 16.7% 27.5%
2003 30.1% 50.8% 17% 34.6%
2002 27.6% 65.1% 20.2% 35.1%
2001 30.3% 100.2% 20.2% 33.5%
2000 35.8% 118.2% 23% 32.6%
1999 45.7% 104.8% 21.6% 27.7%
1998 30.3% 96.3% 25.2% 25.4%
1997 31.1% 73.5% 20.1% 20.7%
1996 29.3% 92% 22.1% 20.8%
1995 - - 25.3% 21.8%
1994 - - 22% 19.5%
1993 - - 23.7% 18.3%
1992 - - 28.8% 19%
1991 - - 30% 14.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1996–1999, retrieved 2026-07-08).

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

In 2025, Angola's government spending was $23B, accounting for 18.9% of its GDP, while Vanuatu spent $480M, or 35.5% of GDP.

Debt-to-GDP ratio is 51.3% in Angola and 40.9% in Vanuatu, ranking 103/185 and 131/185, respectively.

Government deficit by year

Deficit/surplus
Angola

Vanuatu
1x
Year Deficit/surplus, % of GDP
Angola Vanuatu
2025 -4.07% -3.88%
2024 -1.19% -2.46%
2023 -2.49% -0.78%
2022 1.78% -5.96%
2021 1.35% 2.07%
2020 -3.05% -1.74%
2019 -0.2% 2.48%
2018 2% 5.53%
2017 -5.68% -1.06%
2016 -3.93% -0.64%
2015 -2.58% -8.13%
2014 -5.08% 1.26%
2013 -0.28% -0.22%
2012 3.67% -1.54%
2011 7.17% -1.98%
2010 2.96% -2.38%
2009 -6.83% -0.76%
2008 -3.82% -0.04%
2007 3.81% 0.25%
2006 8.42% 0.44%
2005 6.4% 1.68%
2004 1.03% 0.72%
2003 -4.1% -1.22%
2002 -2.24% -3.29%
2001 2.8% -3.01%
2000 2.02% -5.67%
1999 -9.4% -0.5%
1998 -5.92% -6.01%
1997 -0.27% -0.46%
1996 5.22% -1.61%
1995 - -2.34%
1994 - -1.35%
1993 - -3.32%
1992 - -2.1%
1991 - -2.54%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

GeoRank.org/economy/angola/vanuatu | 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 Vanuatu's deficit of $52.6M, or 3.88% of GDP.

Over the past 30 years, Angola recorded a fiscal deficit in 17 of those years, while Vanuatu ran a deficit in 22 years. On average, Angola posted an annual deficit equal to 0.42% of GDP, compared to deficit of 1.3% of GDP for Vanuatu.

Inflation comparison by year

Inflation
Angola

Vanuatu
1x
Year Consumer prices inflation
Angola Vanuatu
2025 20.2% 0.66%
2024 28.2% 1.14%
2023 13.6% 11.2%
2022 21.4% 6.68%
2021 25.8% 2.34%
2020 22.3% 5.33%
2019 17.1% 2.76%
2018 19.6% 2.33%
2017 29.8% 3.08%
2016 30.7% 0.84%
2015 9.2% 2.48%
2014 7.3% 0.8%
2013 8.8% 1.46%
2012 10.3% 1.35%
2011 13.5% 0.87%
2010 14.5% 2.76%
2009 13.7% 4.3%
2008 12.5% 4.84%
2007 12.2% 3.94%
2006 13.3% 2.04%
2005 23% 1.2%
2004 43.5% 1.42%
2003 98.2% 3.02%
2002 108.9% 1.96%
2001 152.6% 3.58%
2000 325% 2.54%
1999 248.2% 2%
1998 107.4% 3.28%
1997 221.5% 2.83%

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/vanuatu | CC BY

Over the past 29 years, Angola has recorded an average annual inflation rate of 57.7%, compared with 2.86% in Vanuatu. In 2025, inflation was 20.2% in Angola and 0.66% in Vanuatu.

Top exports between countries

Angola
Export category Export value
Machinery & equipment $496K
Vanuatu
Export category Export value

Balance of trade

Angola Vanuatu
Current account balance
$536M
2025
-$127M
2022
Current account balance ranking
57/190
2025
83/190
2022
Current account balance, % of GDP
+0.44%
2025
-11.1%
2022
Goods imports
$15.5B
2025
$350M
2022
Goods exports
$30.6B
2025
$73.6M
2022
Service imports
$8.51B
2025
$230M
2022
Service exports
$118M
2025
$78.5M
2022
Imports of goods and services, % of GDP
11.7%
2025
48%
2024
Exports of goods and services, % of GDP
23%
2025
25.3%
2024

Economic freedom indices

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

Angola Vanuatu
Economic freedom 54.4 61.1
Economic freedom ranking 133/197 92/197
Property rights 36.9 62.1
Government integrity 28.3 48.3
Judicial effectiveness 26.3 67.9
Tax burden 86.9 96.9
Government spending 89.3 48.1
Fiscal health 91.9 78.8
Business freedom 42.8 50.3
Labor freedom 50.8 41
Monetary freedom 59 72.1
Trade freedom 70.4 62
Investment freedom 30 65
Financial freedom 40 40

Economic freedom comparison by year

Angola
Vanuatu
1x
Year Economic freedom index
Angola Vanuatu
2026 54.4 61.1
2025 55 61.8
2024 54.3 62.2
2023 53 62.1
2022 52.6 62.9
2021 54.2 60.5
2020 52.2 60.7
2019 50.6 56.4
2018 48.6 69.5
2017 48.5 67.4
2016 48.9 60.8
2015 47.9 61.1
2014 47.7 59.5
2013 47.3 56.6
2012 46.7 56.6
2011 46.2 56.7
2010 48.4 56.4
2009 47 58.4
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/vanuatu | CC BY

The Economic Freedom Index for Angola is 54.4, ranking 133/197, compared to 61.1 for Vanuatu, ranking 92/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Angola Vanuatu
Services, % of GDP
46.8%
2025
56.8%
2024
Industry, % of GDP
27.1%
2025
10.1%
2024
Agriculture, forestry, and fishing, % of GDP
25.2%
2025
26.6%
2024
GNI, Atlas method
$112B
2025
$1.48B
2025
GNI per capita, PPP
$9,840
2025
$4,970
2025
Total reserves including gold
$13.5B
2025
$615M
2024
Total reserves ranking
75/177
2025
152/177
2024
Net foreign direct investment
-$1.02B
2025
-$9.21M
2022
Net inflows of foreign direct investment
-$1.11B
2024
$28.9M
2024
Net outflows of foreign direct investment
$33.1M
2024
$2.79M
2024
Servicing debt to the IMF, % of GNI
11.3%
2024
1.88%
2024
Poverty at national poverty lines
36.6%
2020
15.9%
2020
Gross capital formation, % of GDP
10.6%
2024
26.1%
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/vanuatu | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1979–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, 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)
  9. TradeMap (2024, 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.