Africa, resource-rich countries vs OECD: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition over time
- Africa, resource-rich countries
- OECD
How they compare
Africa, resource-rich countries currently reports 3.12 Percentage of GDP against 0.1828 Percentage of GDP in OECD, a difference of 2.94 Percentage of GDP.
That makes Africa, resource-rich countries's figure about 17.1 times OECD's.
Across all 30 years both countries report, Africa, resource-rich countries has been ahead every year.
Africa, resource-rich countries ranks 4th and OECD ranks 4th of 46 regions.
Africa, resource-rich countries has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Africa, resource-rich countries | OECD | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.02 Percentage of GDP | 0.3617 Percentage of GDP | 3.66 Percentage of GDP | Africa, resource-rich countries |
| 2010s | 5.95 Percentage of GDP | 0.4725 Percentage of GDP | 5.47 Percentage of GDP | Africa, resource-rich countries |
| 2020s | 3.43 Percentage of GDP | 0.3698 Percentage of GDP | 3.06 Percentage of GDP | Africa, resource-rich countries |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher africa's development dynamics (afdd) table 15 - growth decomposition, Africa, resource-rich countries or OECD?
- Africa, resource-rich countries, at 3.12 Percentage of GDP against 0.1828 Percentage of GDP in OECD as of 2029.
- What is the difference in africa's development dynamics (afdd) table 15 - growth decomposition between Africa, resource-rich countries and OECD?
- 2.94 Percentage of GDP, with Africa, resource-rich countries ahead.
- How many years of comparable data are there for Africa, resource-rich countries and OECD?
- 30 years are reported by both, from 2000 to 2029.
- How do Africa, resource-rich countries and OECD rank globally for africa's development dynamics (afdd) table 15 - growth decomposition?
- Africa, resource-rich countries ranks 4th and OECD ranks 4th of 46 regions.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure — Changes in inventories. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 15 shows growth decomposition by expenditure, including gross fixed capital formation, changes in inventories, foreign balances, and trade balance.