European Union (27 countries) vs OECD: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition over time
- European Union (27 countries)
- OECD
How they compare
European Union (27 countries) currently reports 3.43 Percentage of GDP against 0.4068 Percentage of GDP in OECD, a difference of 3.02 Percentage of GDP.
That makes European Union (27 countries)'s figure about 8.4 times OECD's.
Across all 30 years both countries report, European Union (27 countries) has been ahead every year.
European Union (27 countries) ranks 3rd and OECD ranks 1st of 36 regions.
European Union (27 countries) has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | European Union (27 countries) | OECD | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.8441 Percentage of GDP | -0.9106 Percentage of GDP | 1.75 Percentage of GDP | European Union (27 countries) |
| 2010s | 3.14 Percentage of GDP | -0.0523 Percentage of GDP | 3.2 Percentage of GDP | European Union (27 countries) |
| 2020s | 3.24 Percentage of GDP | 0.1278 Percentage of GDP | 3.12 Percentage of GDP | European Union (27 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, European Union (27 countries) or OECD?
- European Union (27 countries), at 3.43 Percentage of GDP against 0.4068 Percentage of GDP in OECD as of 2029.
- What is the difference in africa's development dynamics (afdd) table 15 - growth decomposition between European Union (27 countries) and OECD?
- 3.02 Percentage of GDP, with European Union (27 countries) ahead.
- How many years of comparable data are there for European Union (27 countries) and OECD?
- 30 years are reported by both, from 2000 to 2029.
- How do European Union (27 countries) and OECD rank globally for africa's development dynamics (afdd) table 15 - growth decomposition?
- European Union (27 countries) ranks 3rd and OECD ranks 1st of 36 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 — Foreign balance. 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.