Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, resource-rich countries
Africa, resource-rich countries: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 3.12 Percentage of GDP in 2029. βΌ Falling
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, resource-rich countries, 2000β2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Africa, resource-rich countries recorded 3.12 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029.
The figure is down 4.8% on the previous year and down 31.7% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Africa, resource-rich countries peaked at 7.75 Percentage of GDP in 2015 and was at its lowest, 1.88 Percentage of GDP, in 2000.
That places Africa, resource-rich countries 4th out of 46 regions with data for 2029, putting it in the top 10%.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.02 Percentage of GDP | 1.88 Percentage of GDP | 6.09 Percentage of GDP | 10 |
| 2010s | 5.95 Percentage of GDP | 4.57 Percentage of GDP | 7.75 Percentage of GDP | 10 |
| 2020s | 3.43 Percentage of GDP | 2.92 Percentage of GDP | 3.8 Percentage of GDP | 10 |
Countries ranked near Africa, resource-rich countries
- 1 Resource-rich countries 3.75 Percentage of GDP compare
- 2 Arab Maghreb Union (UMA) 3.67 Percentage of GDP compare
- 3 World outside Africa 0.7047 Percentage of GDP compare
- 4 OECD 0.1828 Percentage of GDP compare
- 5 East African Community 0.0719 Percentage of GDP compare
- 6 Africa, fragile states 0.0325 Percentage of GDP compare
More reference data data for Africa, resource-rich countries
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 34.47 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 8.02 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 23.6 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.04 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 6.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 0.6377 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.2244 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.0781 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 28.97 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.24 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in Africa, resource-rich countries?
- Africa's development dynamics (afdd) table 15 - growth decomposition in Africa, resource-rich countries was 3.12 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, resource-rich countries?
- The highest recorded value was 7.75 Percentage of GDP in 2015.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Africa, resource-rich countries?
- The lowest recorded value was 1.88 Percentage of GDP in 2000.
- How does Africa, resource-rich countries rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- Africa, resource-rich countries ranks 4th out of 46 regions with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Africa, resource-rich countries?
- Over the last ten years it is down 31.7%. The long-run trend across the full record is falling.
- Where does this Africa, resource-rich countries 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 β 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. <br><br> Table 15 shows growth decomposition by expenditure, including gross fixed capital formation, changes in inventories, foreign balances, and trade balance.