Source: world bank Nominal/PPP
Summary:
Afghanistan GDP Per Capita expanded from 2000 to 2023, increasing from $174.93 to $413.76 .The compound annual growth rate (CAGR) averaged 3.81% over the period. The economy recorded its peak level in 2012 and its lowest level in 2001. Growth volatility remained high. The maximum drawdown reached 45.27%, 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
- Contraction (2013–2016) indicating temporary slowdown
- Expansion (2019–2020) indicating steady moderate growth
- High Growth (2023–2023) indicating robust economic expansion
The most remarkable growth occurred in 2007 with an increase of 37.198%, while the largest decline was in 2021 at -30.206%.