Least developed countries vs Resource-rich countries: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition over time
- Least developed countries
- Resource-rich countries
How they compare
Resource-rich countries currently reports 33.52 Percentage of GDP against 20.01 Percentage of GDP in Least developed countries, a difference of 13.51 Percentage of GDP.
That makes Resource-rich countries's figure about 1.7 times Least developed countries's.
Across all 30 years both countries report, Resource-rich countries has been ahead every year.
Least developed countries ranks 15th and Resource-rich countries ranks 5th of 16 groups.
Resource-rich countries has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Least developed countries | Resource-rich countries | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23.36 Percentage of GDP | 39.31 Percentage of GDP | 15.96 Percentage of GDP | Resource-rich countries |
| 2010s | 21.71 Percentage of GDP | 36.89 Percentage of GDP | 15.19 Percentage of GDP | Resource-rich countries |
| 2020s | 20.31 Percentage of GDP | 33.94 Percentage of GDP | 13.63 Percentage of GDP | 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, Least developed countries or Resource-rich countries?
- Resource-rich countries, at 33.52 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 Resource-rich countries?
- 13.51 Percentage of GDP, with Resource-rich countries ahead.
- How many years of comparable data are there for Least developed countries and Resource-rich countries?
- 30 years are reported by both, from 2000 to 2029.
- How do Least developed countries and Resource-rich countries rank globally for africa's development dynamics (afdd) table 15 - growth decomposition?
- Least developed countries ranks 15th and Resource-rich countries ranks 5th of 16 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.