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Change in per capita GDP of Angola, 1950–2018. Figures are inflation-adjusted to 2011 International dollars. The economy of Angola remains heavily influenced by the effects of four decades of conflict in the last part of the 20th century, the war for independence from Portugal (1961–75) and the subsequent civil war (1975–2002).
Country GDP (PPP) per capita (2022, 2022 US$) [1] [failed verification] Algeria 13,715 Angola 7,360 Benin 3,767 Botswana 19,287 Burkina Faso 2,461 Burundi 791 Cape Verde
This is similar to nominal GDP per capita but adjusted for the cost of living in each country. In 2023, the estimated average GDP per capita (PPP) of all of the countries was Int$22,452. [a] For rankings regarding wealth, see list of countries by wealth per adult.
This is a list of countries by nominal GDP per capita. GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita.
PPP largely removes the exchange rate problem, but has its own drawbacks; it does not reflect the value of economic output in international trade, and it also requires more estimation than nominal GDP. [4] On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures. [5]
This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates. Values are given in International Dollars .
This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology. Values are given in USDs and have not been adjusted for inflation.
GDP per capita 1950 to 2018. Angola has diamonds, oil, gold, copper, rich wildlife (which was dramatically depleted during the civil war), forest, and fossil fuels. Since independence, oil and diamonds have been the most important economic resources.