Source: world bank Nominal/PPP
Summary:
Democratic Republic of the Congo GDP Per Capita expanded from 1960 to 2024, increasing from $3.36 to $70.96 .The compound annual growth rate (CAGR) averaged 4.88% over the period. The economy recorded its peak level in 2024 and its lowest level in 1964. Growth volatility remained high. The maximum drawdown reached 69.36%, indicating the largest cyclical decline from peak levels. The country experienced 16 recession episode(s) during the observed period.
Democratic Republic of the Congo Economic Phases (1960 - 2024)
From 1960 to 2024, Democratic Republic of the Congo economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (1962–1963) indicating robust economic expansion
- High Growth (1965–1966) indicating robust economic expansion
- High Growth (1968–1969) indicating robust economic expansion
- High Growth (1971–1975) indicating robust economic expansion
- High Growth (1977–1978) indicating robust economic expansion
- Contraction (1979–1980) indicating temporary slowdown
- Crisis (1983–1984) indicating severe economic downturn
- Expansion (1989–1991) indicating steady moderate growth
- High Growth (2004–2008) indicating robust economic expansion
- High Growth (2010–2014) indicating robust economic expansion
- Contraction (2016–2017) indicating temporary slowdown
- High Growth (2021–2022) indicating robust economic expansion
- Expansion (2024–2024) indicating steady moderate growth
The most remarkable growth occurred in 2000 with an increase of 305.158%, while the largest decline was in 2001 at -61.032%.