Least Developed Countries vs Resource-rich countries: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition

Least Developed Countries
-5.59 Percentage of GDP
in 2029
Resource-rich countries
3.15 Percentage of GDP
in 2029
Least Developed Countries rank
1st
Resource-rich countries rank
1st

Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition over time

  • Least Developed Countries
  • Resource-rich countries
-1001020200020142029

How they compare

Resource-rich countries currently reports 3.15 Percentage of GDP against -5.59 Percentage of GDP in Least Developed Countries, a difference of 8.74 Percentage of GDP.

Across all 30 years both countries report, Resource-rich countries has been ahead every year.

Least Developed Countries ranks 1st and Resource-rich countries ranks 1st of 1 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 -5.15 Percentage of GDP 11.93 Percentage of GDP 17.09 Percentage of GDP Resource-rich countries
2010s -8.38 Percentage of GDP 8.78 Percentage of GDP 17.15 Percentage of GDP Resource-rich countries
2020s -7.07 Percentage of GDP 4.77 Percentage of GDP 11.84 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 3.15 Percentage of GDP against -5.59 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?
8.74 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 1st and Resource-rich countries ranks 1st 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 — Foreign balance. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Least Developed Countries vs Resource-rich countries: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 18 August 2026, from https://reference.statizoid.com/compare/africa-s-development-dynamics-afdd-table-15-growth-decomposition-by-expenditure-foreign/least-developed-countries/resource-rich-countries/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure — Foreign balance
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
53 places, 1,590 data points, 2000–2029
Last refreshed

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. <br><br> Table 15 shows growth decomposition by expenditure, including gross fixed capital formation, changes in inventories, foreign balances, and trade balance.