Latin America and the Caribbean vs OECD: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition over time
- Latin America and the Caribbean
- OECD
How they compare
Latin America and the Caribbean currently reports 80.85 Percentage of GDP against 76.52 Percentage of GDP in OECD, a difference of 4.33 Percentage of GDP.
That makes Latin America and the Caribbean's figure about 1.1 times OECD's.
The two have swapped places 4 times across 30 shared years of data; in 2000 it was Latin America and the Caribbean ahead.
Latin America and the Caribbean ranks 4th and OECD ranks 1st of 16 groups.
Latin America and the Caribbean has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America and the Caribbean | OECD | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 79.18 Percentage of GDP | 77.89 Percentage of GDP | 1.28 Percentage of GDP | Latin America and the Caribbean |
| 2010s | 79.88 Percentage of GDP | 78 Percentage of GDP | 1.88 Percentage of GDP | Latin America and the Caribbean |
| 2020s | 81.25 Percentage of GDP | 76.8 Percentage of GDP | 4.45 Percentage of GDP | Latin America and the Caribbean |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher africa's development dynamics (afdd) table 15 - growth decomposition, Latin America and the Caribbean or OECD?
- Latin America and the Caribbean, at 80.85 Percentage of GDP against 76.52 Percentage of GDP in OECD as of 2029.
- What is the difference in africa's development dynamics (afdd) table 15 - growth decomposition between Latin America and the Caribbean and OECD?
- 4.33 Percentage of GDP, with Latin America and the Caribbean ahead.
- How many years of comparable data are there for Latin America and the Caribbean and OECD?
- 30 years are reported by both, from 2000 to 2029.
- How do Latin America and the Caribbean and OECD rank globally for africa's development dynamics (afdd) table 15 - growth decomposition?
- Latin America and the Caribbean ranks 4th and OECD ranks 1st 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 — Final consumption expenditure. 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.