European Union (27 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
- European Union (27 countries)
- Resource-rich countries
How they compare
European Union (27 countries) currently reports 3.43 Percentage of GDP against 3.15 Percentage of GDP in Resource-rich countries, a difference of 0.28 Percentage of GDP.
That makes European Union (27 countries)'s figure about 1.1 times Resource-rich countries's.
The two have swapped places 5 times across 30 shared years of data; in 2000 it was Resource-rich countries ahead.
European Union (27 countries) ranks 3rd and Resource-rich countries ranks 2nd of 36 regions.
Resource-rich countries has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | European Union (27 countries) | Resource-rich countries | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.8441 Percentage of GDP | 11.93 Percentage of GDP | 11.09 Percentage of GDP | Resource-rich countries |
| 2010s | 3.14 Percentage of GDP | 8.78 Percentage of GDP | 5.63 Percentage of GDP | Resource-rich countries |
| 2020s | 3.24 Percentage of GDP | 4.77 Percentage of GDP | 1.53 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, European Union (27 countries) or Resource-rich countries?
- European Union (27 countries), at 3.43 Percentage of GDP against 3.15 Percentage of GDP in Resource-rich countries as of 2029.
- What is the difference in africa's development dynamics (afdd) table 15 - growth decomposition between European Union (27 countries) and Resource-rich countries?
- 0.28 Percentage of GDP, with European Union (27 countries) ahead.
- How many years of comparable data are there for European Union (27 countries) and Resource-rich countries?
- 30 years are reported by both, from 2000 to 2029.
- How do European Union (27 countries) and Resource-rich countries rank globally for africa's development dynamics (afdd) table 15 - growth decomposition?
- European Union (27 countries) ranks 3rd and Resource-rich countries ranks 2nd 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.