Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, low income countries (World Bank)
Africa, low income countries (World Bank): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.0884 Percentage of GDP in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, low income countries (World Bank), 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Africa, low income countries (World Bank) recorded 0.0884 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029.
The figure is down 0.6% on the previous year and down 80.1% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Africa, low income countries (World Bank) peaked at 1.81 Percentage of GDP in 2003 and was at its lowest, -0.1565 Percentage of GDP, in 2021.
Africa, low income countries (World Bank) ranks 26th of 36 regions on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, low income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.4184 Percentage of GDP | — |
| 2001 | 1.03 Percentage of GDP | +146.4% |
| 2002 | 0.8944 Percentage of GDP | -13.3% |
| 2003 | 1.81 Percentage of GDP | +102.9% |
| 2004 | 1.02 Percentage of GDP | -43.7% |
| 2005 | 0.9419 Percentage of GDP | -7.8% |
| 2006 | 0.7931 Percentage of GDP | -15.8% |
| 2007 | 1.02 Percentage of GDP | +28.2% |
| 2008 | 0.87 Percentage of GDP | -14.4% |
| 2009 | 0.541 Percentage of GDP | -37.8% |
| 2010 | 0.7921 Percentage of GDP | +46.4% |
| 2011 | 0.5039 Percentage of GDP | -36.4% |
| 2012 | 1.1 Percentage of GDP | +118.9% |
| 2013 | 0.9873 Percentage of GDP | -10.5% |
| 2014 | 0.8058 Percentage of GDP | -18.4% |
| 2015 | 0.6203 Percentage of GDP | -23.0% |
| 2016 | 1.39 Percentage of GDP | +123.3% |
| 2017 | 0.781 Percentage of GDP | -43.6% |
| 2018 | 0.4189 Percentage of GDP | -46.4% |
| 2019 | 0.4431 Percentage of GDP | +5.8% |
| 2020 | -0.0731 Percentage of GDP | -116.5% |
| 2021 | -0.1565 Percentage of GDP | +114.1% |
| 2022 | 0.1095 Percentage of GDP | -170.0% |
| 2023 | 0.0996 Percentage of GDP | -9.0% |
| 2024 | 0.0965 Percentage of GDP | -3.2% |
| 2025 | 0.0922 Percentage of GDP | -4.4% |
| 2026 | 0.0913 Percentage of GDP | -0.9% |
| 2027 | 0.0907 Percentage of GDP | -0.7% |
| 2028 | 0.0889 Percentage of GDP | -2.0% |
| 2029 | 0.0884 Percentage of GDP | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9342 Percentage of GDP | 0.4184 Percentage of GDP | 1.81 Percentage of GDP | 10 |
| 2010s | 0.7841 Percentage of GDP | 0.4189 Percentage of GDP | 1.39 Percentage of GDP | 10 |
| 2020s | 0.0528 Percentage of GDP | -0.1565 Percentage of GDP | 0.1095 Percentage of GDP | 10 |
More reference data data for Africa, low income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 20.96 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.71 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 21.55 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 6.42 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 10.45 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 6.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.6 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.142 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.79 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.137 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in Africa, low income countries (World Bank)?
- Africa's development dynamics (afdd) table 15 - growth decomposition in Africa, low income countries (World Bank) was 0.0884 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Africa, low income countries (World Bank)?
- The highest recorded value was 1.81 Percentage of GDP in 2003.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Africa, low income countries (World Bank)?
- The lowest recorded value was -0.1565 Percentage of GDP in 2021.
- How does Africa, low income countries (World Bank) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- Africa, low income countries (World Bank) ranks 26th out of 36 regions with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Africa, low income countries (World Bank)?
- Over the last ten years it is down 80.1%. The long-run trend across the full record is volatile.
- Where does this Africa, low income countries (World Bank) data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure — Changes in inventories. Statizoid updates them automatically from the source API.
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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.