Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, upper-middle income countries (World Bank)

Africa, upper-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.7361 Percentage of GDP in 2029. ◆ Volatile

Latest (2029)
0.7361 Percentage of GDP
Change on year
up 9.3%
Rank
13th
of 36 regions
All-time high
1.79 Percentage of GDP
in 2004
All-time low
-1.24 Percentage of GDP
in 2009
Years of data
30
2000–2029

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

-10122000201420292000: 0.969 Percentage of GDP2001: 0.205 Percentage of GDP2002: 0.889 Percentage of GDP2003: 0.897 Percentage of GDP2004: 1.8 Percentage of GDP2005: 0.88 Percentage of GDP2006: 1.1 Percentage of GDP2007: 0.287 Percentage of GDP2008: 0.237 Percentage of GDP2009: -1.2 Percentage of GDP2010: 0.142 Percentage of GDP2011: 0.859 Percentage of GDP2012: 0.481 Percentage of GDP2013: 0.292 Percentage of GDP2014: 0.194 Percentage of GDP2015: 0.539 Percentage of GDP2016: -0.48 Percentage of GDP2017: 0.232 Percentage of GDP2018: 0.159 Percentage of GDP2019: 0.362 Percentage of GDP2020: -0.851 Percentage of GDP2021: -0.037 Percentage of GDP2022: 1.1 Percentage of GDP2023: 0.622 Percentage of GDP2024: 0.625 Percentage of GDP2025: 0.596 Percentage of GDP2026: 0.721 Percentage of GDP2027: 0.689 Percentage of GDP2028: 0.673 Percentage of GDP2029: 0.736 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

In 2029, africa's development dynamics (afdd) table 15 - growth decomposition in Africa, upper-middle income countries (World Bank) stood at 0.7361 Percentage of GDP.

That represents a change of up 9.3% on the previous year and up 103.4% over ten years.

Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Africa, upper-middle income countries (World Bank) peaked at 1.79 Percentage of GDP in 2004 and was at its lowest, -1.24 Percentage of GDP, in 2009.

Africa, upper-middle income countries (World Bank) ranks 13th 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, upper-middle 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, upper-middle income countries (World Bank), 2000 to 2029.
Year Percentage of GDP Change
2000 0.9692 Percentage of GDP
2001 0.2053 Percentage of GDP -78.8%
2002 0.8889 Percentage of GDP +333.0%
2003 0.8969 Percentage of GDP +0.9%
2004 1.79 Percentage of GDP +100.0%
2005 0.88 Percentage of GDP -50.9%
2006 1.1 Percentage of GDP +25.0%
2007 0.2874 Percentage of GDP -73.9%
2008 0.2372 Percentage of GDP -17.5%
2009 -1.24 Percentage of GDP -620.9%
2010 0.1423 Percentage of GDP -111.5%
2011 0.8591 Percentage of GDP +503.8%
2012 0.4805 Percentage of GDP -44.1%
2013 0.2918 Percentage of GDP -39.3%
2014 0.1938 Percentage of GDP -33.6%
2015 0.5386 Percentage of GDP +177.9%
2016 -0.4802 Percentage of GDP -189.2%
2017 0.2321 Percentage of GDP -148.3%
2018 0.1587 Percentage of GDP -31.6%
2019 0.3619 Percentage of GDP +128.0%
2020 -0.8508 Percentage of GDP -335.1%
2021 -0.0374 Percentage of GDP -95.6%
2022 1.11 Percentage of GDP -3055.6%
2023 0.6219 Percentage of GDP -43.8%
2024 0.6248 Percentage of GDP +0.5%
2025 0.5957 Percentage of GDP -4.7%
2026 0.7208 Percentage of GDP +21.0%
2027 0.6886 Percentage of GDP -4.5%
2028 0.6735 Percentage of GDP -2.2%
2029 0.7361 Percentage of GDP +9.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.6022 Percentage of GDP -1.24 Percentage of GDP 1.79 Percentage of GDP 10
2010s 0.2779 Percentage of GDP -0.4802 Percentage of GDP 0.8591 Percentage of GDP 10
2020s 0.4879 Percentage of GDP -0.8508 Percentage of GDP 1.11 Percentage of GDP 10

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Frequently asked questions

What is africa's development dynamics (afdd) table 15 - growth decomposition in Africa, upper-middle income countries (World Bank)?
Africa's development dynamics (afdd) table 15 - growth decomposition in Africa, upper-middle income countries (World Bank) was 0.7361 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, upper-middle income countries (World Bank)?
The highest recorded value was 1.79 Percentage of GDP in 2004.
What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Africa, upper-middle income countries (World Bank)?
The lowest recorded value was -1.24 Percentage of GDP in 2009.
How does Africa, upper-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
Africa, upper-middle income countries (World Bank) ranks 13th out of 36 regions with data for 2029.
Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Africa, upper-middle income countries (World Bank)?
Over the last ten years it is up 103.4%. The long-run trend across the full record is volatile.
Where does this Africa, upper-middle 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, upper-middle income countries (World Bank). Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 24 August 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-15-growth-decomposition-by-expenditure-changes/africa-upper-middle-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.