Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in High income countries
High income countries: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.4991 Percentage of GDP in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in High income countries, 2000–2029
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 High income countries stood at 0.4991 Percentage of GDP.
The figure is down 2.4% on the previous year and down 29.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in High income countries peaked at 1.44 Percentage of GDP in 2022 and was at its lowest, -0.57 Percentage of GDP, in 2009.
High income countries ranks 18th 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 High income countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.6855 Percentage of GDP | — |
| 2001 | 0.2156 Percentage of GDP | -68.5% |
| 2002 | 0.2874 Percentage of GDP | +33.3% |
| 2003 | 0.3047 Percentage of GDP | +6.0% |
| 2004 | 0.5764 Percentage of GDP | +89.2% |
| 2005 | 0.512 Percentage of GDP | -11.2% |
| 2006 | 0.6914 Percentage of GDP | +35.0% |
| 2007 | 0.7415 Percentage of GDP | +7.2% |
| 2008 | 0.6203 Percentage of GDP | -16.3% |
| 2009 | -0.57 Percentage of GDP | -191.9% |
| 2010 | 0.7348 Percentage of GDP | -228.9% |
| 2011 | 0.9103 Percentage of GDP | +23.9% |
| 2012 | 0.5797 Percentage of GDP | -36.3% |
| 2013 | 0.5297 Percentage of GDP | -8.6% |
| 2014 | 0.6361 Percentage of GDP | +20.1% |
| 2015 | 0.6572 Percentage of GDP | +3.3% |
| 2016 | 0.4121 Percentage of GDP | -37.3% |
| 2017 | 0.6394 Percentage of GDP | +55.2% |
| 2018 | 0.8296 Percentage of GDP | +29.7% |
| 2019 | 0.7121 Percentage of GDP | -14.2% |
| 2020 | 0.2294 Percentage of GDP | -67.8% |
| 2021 | 0.7621 Percentage of GDP | +232.2% |
| 2022 | 1.44 Percentage of GDP | +89.0% |
| 2023 | 0.5232 Percentage of GDP | -63.7% |
| 2024 | 0.444 Percentage of GDP | -15.1% |
| 2025 | 0.494 Percentage of GDP | +11.3% |
| 2026 | 0.5267 Percentage of GDP | +6.6% |
| 2027 | 0.5301 Percentage of GDP | +0.6% |
| 2028 | 0.5114 Percentage of GDP | -3.5% |
| 2029 | 0.4991 Percentage of GDP | -2.4% |
Biggest year-on-year movements
Years where Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in High income 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 |
|---|---|---|---|
| 2021 | +232.2% | 0.2294 Percentage of GDP | 0.7621 Percentage of GDP |
| 2010 | +228.9% | -0.57 Percentage of GDP | 0.7348 Percentage of GDP |
| 2009 | -191.9% | 0.6203 Percentage of GDP | -0.57 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4065 Percentage of GDP | -0.57 Percentage of GDP | 0.7415 Percentage of GDP | 10 |
| 2010s | 0.6641 Percentage of GDP | 0.4121 Percentage of GDP | 0.9103 Percentage of GDP | 10 |
| 2020s | 0.596 Percentage of GDP | 0.2294 Percentage of GDP | 1.44 Percentage of GDP | 10 |
More reference data data for High income countries
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 18.89 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.12 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 49.95 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 10.26 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.22 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 0.3803 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.4699 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.0855 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 2.37 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.3928 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in High income countries?
- Africa's development dynamics (afdd) table 15 - growth decomposition in High income countries was 0.4991 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 High income countries?
- The highest recorded value was 1.44 Percentage of GDP in 2022.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in High income countries?
- The lowest recorded value was -0.57 Percentage of GDP in 2009.
- How does High income countries rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- High income countries ranks 18th out of 36 regions with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in High income countries?
- Over the last ten years it is down 29.9%. The long-run trend across the full record is volatile.
- Where does this High income 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.