Source: world bank Nominal/PPP
Summary:
Mauritania GDP Per Capita expanded from 1961 to 2024, increasing from $188.16 to $2,110.12 .The compound annual growth rate (CAGR) averaged 3.91% over the period. The economy recorded its peak level in 2023 and its lowest level in 1961. Growth volatility remained high. The maximum drawdown reached 38.88%, indicating the largest cyclical decline from peak levels. The country experienced 12 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.
- High Growth (1964–1965) indicating robust economic expansion
- Expansion (1966–1967) indicating steady moderate growth
- High Growth (1971–1976) indicating robust economic expansion
- High Growth (1979–1980) indicating robust economic expansion
- High Growth (1986–1987) indicating robust economic expansion
- Expansion (1994–1995) indicating steady moderate growth
- Contraction (1996–1999) indicating temporary slowdown
- Contraction (2001–2002) indicating temporary slowdown
- High Growth (2003–2008) indicating robust economic expansion
- High Growth (2010–2011) indicating robust economic expansion
- Expansion (2016–2017) indicating steady moderate growth
- Expansion (2019–2020) indicating steady moderate growth
- Contraction (2024–2024) indicating temporary slowdown
The most remarkable growth occurred in 1991 with an increase of 37.517%, while the largest decline was in 1993 at -18.028%.