Least Developed Countries vs OECD: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition over time
- Least Developed Countries
- OECD
How they compare
Least Developed Countries currently reports 0.2656 Percentage of GDP against 0.1828 Percentage of GDP in OECD, a difference of 0.0828 Percentage of GDP.
That makes Least Developed Countries's figure about 1.5 times OECD's.
The two have swapped places 9 times across 30 shared years of data; in 2000 it was OECD ahead.
Least Developed Countries ranks 1st and OECD ranks 4th of 1 groups.
Across the 3 decades both report, Least Developed Countries averaged higher in 2 and OECD in 1.
Head to head by decade
| Decade | Least Developed Countries | OECD | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.5823 Percentage of GDP | 0.3617 Percentage of GDP | 0.2206 Percentage of GDP | Least Developed Countries |
| 2010s | 0.7796 Percentage of GDP | 0.4725 Percentage of GDP | 0.3072 Percentage of GDP | Least Developed Countries |
| 2020s | 0.315 Percentage of GDP | 0.3698 Percentage of GDP | 0.0548 Percentage of GDP | OECD |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher africa's development dynamics (afdd) table 15 - growth decomposition, Least Developed Countries or OECD?
- Least Developed Countries, at 0.2656 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 Least Developed Countries and OECD?
- 0.0828 Percentage of GDP, with Least Developed Countries ahead.
- How many years of comparable data are there for Least Developed Countries and OECD?
- 30 years are reported by both, from 2000 to 2029.
- How do Least Developed Countries and OECD rank globally for africa's development dynamics (afdd) table 15 - growth decomposition?
- Least Developed Countries ranks 1st and OECD ranks 4th of 1 groups.
- 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.