Angola GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$101.00

Source: world bank Nominal/PPP
Summary:

Angola GDP Per Capita expanded from 1980 to 2024, increasing from $5.93 to $101.00 .The compound annual growth rate (CAGR) averaged 6.66% over the period. The economy recorded its peak level in 2014 and its lowest level in 1994. Growth volatility remained high. The maximum drawdown reached 61.65%, indicating the largest cyclical decline from peak levels. The country experienced 9 recession episode(s) during the observed period.

Latest GDP Per Capita of Angola 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 101.00 dollars$ 383.35 Int dollars
Growth (YoY)-5.756%6.949%
Net Change vs Previous Year$ -6.17 dollars$ 24.91 Int dollars
% of World GDP Per Capita0.09%0.19%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Angola GDP | Angola GDP Growth

Angola Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970------
1971------
1972------
1973------
1974------
1975------
1976------
1977------
1978------
1979------
19805.93-----
19815.55-0.38-6.408 %---
19825.5500 %---
19835.780.234.213 %---
19846.130.356.001 %---
19857.551.4223.201 %---
19867.07-0.48-6.374 %---
19878.081.0114.307 %---
19888.770.698.478 %---
198910.21.4316.328 %---
199011.231.0310.074 %43.07--
199110.6-0.63-5.572 %44.971.94.407 %
19928.31-2.3-21.652 %43.31-1.66-3.692 %
19935.77-2.54-30.563 %33.7-9.61-22.182 %
19944.44-1.33-23.062 %34.891.183.503 %
19955.541.124.794 %40.966.0717.411 %
19967.531.9935.887 %47.366.415.623 %
19977.650.121.62 %51.684.329.124 %
19986.51-1.14-14.933 %54.713.035.868 %
19996.15-0.35-5.43 %56.71.983.627 %
20009.132.9848.378 %59.753.065.389 %
20018.94-0.19-2.12 %63.673.926.552 %
200217.318.3893.726 %73.499.8315.432 %
200320.343.0317.506 %77.564.065.53 %
2004276.6632.72 %88.7411.1814.416 %
200541.414.453.332 %104.4715.7417.734 %
200658.6517.2641.687 %120.4515.9815.291 %
200773.0414.3824.524 %139.819.3516.064 %
200898.7925.7535.259 %157.8618.0612.922 %
200981.71-17.09-17.294 %1624.142.624 %
201095.5513.8416.941 %172.6510.656.573 %
2011125.5530.0131.404 %182.559.95.731 %
2012143.5718.0214.353 %207.6225.0713.736 %
2013148.855.273.672 %222.5214.897.173 %
2014153.454.63.094 %244.9322.4110.072 %
2015102.54-50.91-33.175 %227.16-17.76-7.253 %
201659.88-42.66-41.607 %226.66-0.5-0.221 %
201784.3824.540.914 %242.0915.436.805 %
201889.515.146.087 %259.09177.024 %
201980.73-8.78-9.807 %277.5518.467.126 %
202058.85-21.88-27.104 %261.84-15.72-5.662 %
202179.5620.7135.185 %306.0444.216.881 %
2022131.2151.6564.923 %341.6835.6411.646 %
2023107.17-24.04-18.325 %358.4416.774.907 %
2024101-6.17-5.756 %383.3524.916.949 %

Angola Economic Phases (1980 - 2024)

From 1980 to 2024, Angola economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Expansion (1982–1983) indicating steady moderate growth
  • High Growth (1984–1985) indicating robust economic expansion
  • High Growth (1987–1990) indicating robust economic expansion
  • Crisis (1992–1994) indicating severe economic downturn
  • High Growth (1995–1996) indicating robust economic expansion
  • High Growth (2002–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • Expansion (2013–2014) indicating steady moderate growth
  • Crisis (2015–2016) indicating severe economic downturn
  • High Growth (2017–2018) indicating robust economic expansion
  • High Growth (2021–2022) indicating robust economic expansion
  • Contraction (2024–2024) indicating temporary slowdown

The most remarkable growth occurred in 2002 with an increase of 93.726%, while the largest decline was in 2016 at -41.607%.