Source: world bank Nominal/PPP
Summary:
Afghanistan GDP Per Capita expanded from 2000 to 2023, increasing from $3.52 to $17.15 .The compound annual growth rate (CAGR) averaged 7.13% over the period. The economy recorded its peak level in 2014 and its lowest level in 2001. Growth volatility remained high. The maximum drawdown reached 30.44%, indicating the largest cyclical decline from peak levels. The country experienced 4 recession episode(s) during the observed period.
Afghanistan Economic Phases (2000 - 2023)
From 2000 to 2023, Afghanistan economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- High Growth (2002–2007) indicating robust economic expansion
- High Growth (2009–2012) indicating robust economic expansion
- Expansion (2013–2014) indicating steady moderate growth
- Contraction (2015–2016) indicating temporary slowdown
- High Growth (2023–2023) indicating robust economic expansion
The most remarkable growth occurred in 2007 with an increase of 39.82%, while the largest decline was in 2021 at -28.543%.