Source: world bank Nominal/PPP
Summary:
Mauritania GDP Per Capita expanded from 1961 to 2024, increasing from $0.16 to $10.91 .The compound annual growth rate (CAGR) averaged 6.93% over the period. The economy recorded its peak level in 2024 and its lowest level in 1961. Growth volatility remained high. The maximum drawdown reached 18.98%, indicating the largest cyclical decline from peak levels. The country experienced 7 recession episode(s) during the observed period.
Mauritania Economic Phases (1961 - 2024)
From 1961 to 2024, Mauritania economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- Expansion (1962–1963) indicating steady moderate growth
- High Growth (1964–1965) indicating robust economic expansion
- High Growth (1967–1968) indicating robust economic expansion
- High Growth (1971–1976) indicating robust economic expansion
- Expansion (1977–1978) indicating steady moderate growth
- High Growth (1979–1981) indicating robust economic expansion
- Contraction (1984–1985) indicating temporary slowdown
- High Growth (1986–1988) indicating robust economic expansion
- Expansion (1989–1990) indicating steady moderate growth
- High Growth (1994–1995) indicating robust economic expansion
- Contraction (1997–1999) indicating temporary slowdown
- High Growth (2003–2008) indicating robust economic expansion
- High Growth (2010–2011) indicating robust economic expansion
- Contraction (2014–2015) indicating temporary slowdown
- High Growth (2017–2019) indicating robust economic expansion
- Expansion (2024–2024) indicating steady moderate growth
The most remarkable growth occurred in 1991 with an increase of 41.593%, while the largest decline was in 1993 at -14.644%.