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
OECD currently reports 31.11 Percentage of GDP against 20.01 Percentage of GDP in Least Developed Countries, a difference of 11.1 Percentage of GDP.
That makes OECD's figure about 1.6 times Least Developed Countries's.
The two have swapped places 1 time across 30 shared years of data; in 2000 it was Least Developed Countries ahead.
Least Developed Countries ranks 1st and OECD ranks 2nd of 1 groups.
OECD has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Least Developed Countries | OECD | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.36 Percentage of GDP | 23.76 Percentage of GDP | 0.4045 Percentage of GDP | OECD |
| 2010s | 21.71 Percentage of GDP | 28.55 Percentage of GDP | 6.85 Percentage of GDP | OECD |
| 2020s | 20.31 Percentage of GDP | 30.7 Percentage of GDP | 10.4 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?
- OECD, at 31.11 Percentage of GDP against 20.01 Percentage of GDP in Least Developed Countries as of 2029.
- What is the difference in africa's development dynamics (afdd) table 15 - growth decomposition between Least Developed Countries and OECD?
- 11.1 Percentage of GDP, with OECD 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 2nd 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 — Exports of goods and services. 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.