Source: world bank Nominal/PPP
Summary:
American Samoa GDP Per Capita expanded from 2002 to 2022, increasing from $8,972.70 to $18,017.46 .The compound annual growth rate (CAGR) averaged 3.55% over the period. The economy recorded its peak level in 2022 and its lowest level in 2006. Growth volatility remained high. The maximum drawdown reached 14.65%, indicating the largest cyclical decline from peak levels. The country experienced 3 recession episode(s) during the observed period.
American Samoa Economic Phases (2002 - 2022)
From 2002 to 2022, American Samoa economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.
- Contraction (2004–2006) indicating temporary slowdown
- High Growth (2007–2009) indicating robust economic expansion
- Expansion (2013–2014) indicating steady moderate growth
- High Growth (2020–2022) indicating robust economic expansion
The most remarkable growth occurred in 2009 with an increase of 21.187%, while the largest decline was in 2010 at -14.65%.