Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in European Union (27 countries)
European Union (27 countries): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.7067 Percentage of GDP in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in European Union (27 countries), 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
European Union (27 countries) recorded 0.7067 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029.
That represents a change of down 2.4% on the previous year and down 2.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in European Union (27 countries) peaked at 2.67 Percentage of GDP in 2022 and was at its lowest, -0.6272 Percentage of GDP, in 2009.
European Union (27 countries) ranks 14th 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 European Union (27 countries), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.844 Percentage of GDP | — |
| 2001 | 0.658 Percentage of GDP | -22.0% |
| 2002 | 0.4348 Percentage of GDP | -33.9% |
| 2003 | 0.511 Percentage of GDP | +17.5% |
| 2004 | 0.7234 Percentage of GDP | +41.6% |
| 2005 | 0.523 Percentage of GDP | -27.7% |
| 2006 | 0.8604 Percentage of GDP | +64.5% |
| 2007 | 1.02 Percentage of GDP | +18.5% |
| 2008 | 0.7664 Percentage of GDP | -24.8% |
| 2009 | -0.6272 Percentage of GDP | -181.8% |
| 2010 | 0.5189 Percentage of GDP | -182.7% |
| 2011 | 0.9403 Percentage of GDP | +81.2% |
| 2012 | -0.0137 Percentage of GDP | -101.5% |
| 2013 | 0.1219 Percentage of GDP | -986.7% |
| 2014 | 0.5196 Percentage of GDP | +326.3% |
| 2015 | 0.5481 Percentage of GDP | +5.5% |
| 2016 | 0.562 Percentage of GDP | +2.5% |
| 2017 | 0.8618 Percentage of GDP | +53.3% |
| 2018 | 1.1 Percentage of GDP | +27.5% |
| 2019 | 0.727 Percentage of GDP | -33.8% |
| 2020 | 0.3271 Percentage of GDP | -55.0% |
| 2021 | 1.69 Percentage of GDP | +416.8% |
| 2022 | 2.67 Percentage of GDP | +57.7% |
| 2023 | 0.8918 Percentage of GDP | -66.6% |
| 2024 | 0.6338 Percentage of GDP | -28.9% |
| 2025 | 0.6919 Percentage of GDP | +9.2% |
| 2026 | 0.7403 Percentage of GDP | +7.0% |
| 2027 | 0.7623 Percentage of GDP | +3.0% |
| 2028 | 0.7242 Percentage of GDP | -5.0% |
| 2029 | 0.7067 Percentage of GDP | -2.4% |
Biggest year-on-year movements
Years where Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in European Union (27 countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +986.7% | -0.0137 Percentage of GDP | 0.1219 Percentage of GDP |
| 2021 | +416.8% | 0.3271 Percentage of GDP | 1.69 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5713 Percentage of GDP | -0.6272 Percentage of GDP | 1.02 Percentage of GDP | 10 |
| 2010s | 0.5884 Percentage of GDP | -0.0137 Percentage of GDP | 1.1 Percentage of GDP | 10 |
| 2020s | 0.9835 Percentage of GDP | 0.3271 Percentage of GDP | 2.67 Percentage of GDP | 10 |
More reference data data for European Union (27 countries)
- Exposure to extreme precipitation — Annual precipitation change 78.11 Millimetres per year (2023)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.49 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 20.51 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 47.2 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 10.55 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 16.68 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 0.2235 Percentage of GDP (2010)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.0813 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.0239 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.2662 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in European Union (27 countries)?
- Africa's development dynamics (afdd) table 15 - growth decomposition in European Union (27 countries) was 0.7067 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 European Union (27 countries)?
- The highest recorded value was 2.67 Percentage of GDP in 2022.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in European Union (27 countries)?
- The lowest recorded value was -0.6272 Percentage of GDP in 2009.
- How does European Union (27 countries) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- European Union (27 countries) ranks 14th out of 36 regions with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in European Union (27 countries)?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is volatile.
- Where does this European Union (27 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 — 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.