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. β—† Volatile

Latest (2029)
0.7067 Percentage of GDP
Change on year
down 2.4%
Rank
16th
of 46 regions
All-time high
2.67 Percentage of GDP
in 2022
All-time low
-0.6272 Percentage of GDP
in 2009
Years of data
30
2000–2029

Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in European Union (27 countries), 2000–2029

-101232000201420292000: 0.844 Percentage of GDP2001: 0.658 Percentage of GDP2002: 0.435 Percentage of GDP2003: 0.511 Percentage of GDP2004: 0.723 Percentage of GDP2005: 0.523 Percentage of GDP2006: 0.86 Percentage of GDP2007: 1 Percentage of GDP2008: 0.766 Percentage of GDP2009: -0.627 Percentage of GDP2010: 0.519 Percentage of GDP2011: 0.94 Percentage of GDP2012: -0.014 Percentage of GDP2013: 0.122 Percentage of GDP2014: 0.52 Percentage of GDP2015: 0.548 Percentage of GDP2016: 0.562 Percentage of GDP2017: 0.862 Percentage of GDP2018: 1.1 Percentage of GDP2019: 0.727 Percentage of GDP2020: 0.327 Percentage of GDP2021: 1.7 Percentage of GDP2022: 2.7 Percentage of GDP2023: 0.892 Percentage of GDP2024: 0.634 Percentage of GDP2025: 0.692 Percentage of GDP2026: 0.74 Percentage of GDP2027: 0.762 Percentage of GDP2028: 0.724 Percentage of GDP2029: 0.707 Percentage of GDP

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 16th of 46 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.

Averages by decade

DecadeAverage LowestHighest 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)

All data for European Union (27 countries) β†’

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 16th out of 46 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 β€” 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 European Union (27 countries). Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-15-growth-decomposition-by-expenditure-changes/european-union-27-countries/

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About this data

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