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

Latest (2029)
0.0884 Percentage of GDP
Change on year
down 0.6%
Rank
26th
of 36 regions
All-time high
1.81 Percentage of GDP
in 2003
All-time low
-0.1565 Percentage of GDP
in 2021
Years of data
30
2000–2029

Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, low income countries (World Bank), 2000–2029

00.511.522000201420292000: 0.418 Percentage of GDP2001: 1 Percentage of GDP2002: 0.894 Percentage of GDP2003: 1.8 Percentage of GDP2004: 1 Percentage of GDP2005: 0.942 Percentage of GDP2006: 0.793 Percentage of GDP2007: 1 Percentage of GDP2008: 0.87 Percentage of GDP2009: 0.541 Percentage of GDP2010: 0.792 Percentage of GDP2011: 0.504 Percentage of GDP2012: 1.1 Percentage of GDP2013: 0.987 Percentage of GDP2014: 0.806 Percentage of GDP2015: 0.62 Percentage of GDP2016: 1.4 Percentage of GDP2017: 0.781 Percentage of GDP2018: 0.419 Percentage of GDP2019: 0.443 Percentage of GDP2020: -0.073 Percentage of GDP2021: -0.157 Percentage of GDP2022: 0.109 Percentage of GDP2023: 0.1 Percentage of GDP2024: 0.096 Percentage of GDP2025: 0.092 Percentage of GDP2026: 0.091 Percentage of GDP2027: 0.091 Percentage of GDP2028: 0.089 Percentage of GDP2029: 0.088 Percentage of GDP

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

Annual values for Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure — Changes in inventories in Africa, low income countries (World Bank), 2000 to 2029.
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

DecadeAverage LowestHighest 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

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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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Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, low income countries (World Bank). Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-15-growth-decomposition-by-expenditure-changes/africa-low-income-countries-world-bank/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure — Changes in inventories
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. Table 15 shows growth decomposition by expenditure, including gross fixed capital formation, changes in inventories, foreign balances, and trade balance.