Angola GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$2,665.87

Source: world bank Nominal/PPP
Summary:

Angola GDP Per Capita expanded from 1980 to 2024, increasing from $729.11 to $2,665.87 .The compound annual growth rate (CAGR) averaged 2.99% over the period. The economy recorded its peak level in 2012 and its lowest level in 1994. Growth volatility remained high. The maximum drawdown reached 69.15%, indicating the largest cyclical decline from peak levels. The country experienced 9 recession episode(s) during the observed period.

Latest GDP Per Capita of Angola 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 2,665.87 dollars$ 10,118.61 Int dollars
Growth (YoY)-8.582%3.742%
Net Change vs Previous Year$ -250.26 dollars$ 365.01 Int dollars
% of World GDP Per Capita2.40%5.07%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Angola GDP | Angola GDP Growth

Angola Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970------
1971------
1972------
1973------
1974------
1975------
1976------
1977------
1978------
1979------
1980729.11-----
1981657.98-71.13-9.756 %---
1982634.22-23.76-3.611 %---
1983636.832.610.412 %---
1984650.4913.662.145 %---
1985772.47121.9818.752 %---
1986697.53-74.94-9.702 %---
1987770.172.5710.405 %---
1988807.4437.344.849 %---
1989907.75100.3112.423 %---
1990965.8758.126.403 %3704.86--
1991881.92-83.95-8.691 %3740.3535.490.958 %
1992668.71-213.21-24.176 %3486.21-254.14-6.795 %
1993449.73-218.98-32.747 %2627.59-858.62-24.629 %
1994334.97-114.75-25.516 %2632.895.30.202 %
1995404.2969.3220.695 %2989.76356.8713.554 %
1996531.12126.8231.368 %3341.91352.1511.779 %
1997521.7-9.41-1.772 %3525.08183.175.481 %
1998429.19-92.51-17.733 %3609.0984.012.383 %
1999392.73-36.46-8.496 %3618.789.680.268 %
2000563.73171.0143.544 %3689.5470.761.955 %
2001533.59-30.15-5.348 %3801.63112.13.038 %
2002999.07465.4887.236 %4241.29439.6611.565 %
20031133.66134.613.472 %4322.280.911.908 %
20041451.47317.8128.034 %4770.69448.4910.376 %
20052145.89694.4247.842 %5415.61644.9213.518 %
20062930.44784.5636.561 %6017.82602.2111.12 %
20073515.06584.6119.95 %6727.96710.1511.801 %
20084578.161063.130.244 %7315.6587.648.734 %
20093645.15-933.01-20.38 %7227.56-88.04-1.203 %
20104101.64456.4912.523 %7411.65184.092.547 %
20115184.151082.5226.392 %7537.6125.941.699 %
20125702.45518.39.998 %8246.36708.769.403 %
20135688.58-13.87-0.243 %8504.1257.733.125 %
20145649.69-38.89-0.684 %9017.69513.596.039 %
20153641.73-2007.96-35.541 %8067.49-950.2-10.537 %
20162051.81-1589.91-43.658 %7766.84-300.65-3.727 %
20172790.72738.936.012 %8006.842403.09 %
20182860.0969.372.486 %8278.37271.533.391 %
20192493.68-366.41-12.811 %8572.88294.513.558 %
20201759.36-734.32-29.447 %7827.43-745.45-8.695 %
20212303.91544.5530.952 %8862.281034.8513.221 %
20223682.111378.2159.82 %9588.24725.968.192 %
20232916.14-765.98-20.803 %9753.6165.361.725 %
20242665.87-250.26-8.582 %10118.61365.013.742 %

Angola Economic Phases (1980 - 2024)

From 1980 to 2024, Angola economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1981–1982) indicating temporary slowdown
  • Expansion (1983–1984) indicating steady moderate growth
  • High Growth (1989–1990) indicating robust economic expansion
  • Crisis (1992–1994) indicating severe economic downturn
  • High Growth (1995–1996) indicating robust economic expansion
  • High Growth (2002–2008) indicating robust economic expansion
  • High Growth (2010–2012) indicating robust economic expansion
  • Contraction (2013–2014) indicating temporary slowdown
  • Crisis (2015–2016) indicating severe economic downturn
  • Crisis (2019–2020) indicating severe economic downturn
  • High Growth (2021–2022) indicating robust economic expansion
  • Contraction (2024–2024) indicating temporary slowdown

The most remarkable growth occurred in 2002 with an increase of 87.236%, while the largest decline was in 2016 at -43.658%.