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

Latest (2029)
0.4991 Percentage of GDP
Change on year
down 2.4%
Rank
23rd
of 46 regions
All-time high
1.44 Percentage of GDP
in 2022
All-time low
-0.57 Percentage of GDP
in 2009
Years of data
30
2000–2029

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

-0.500.511.52000201420292000: 0.685 Percentage of GDP2001: 0.216 Percentage of GDP2002: 0.287 Percentage of GDP2003: 0.305 Percentage of GDP2004: 0.576 Percentage of GDP2005: 0.512 Percentage of GDP2006: 0.691 Percentage of GDP2007: 0.741 Percentage of GDP2008: 0.62 Percentage of GDP2009: -0.57 Percentage of GDP2010: 0.735 Percentage of GDP2011: 0.91 Percentage of GDP2012: 0.58 Percentage of GDP2013: 0.53 Percentage of GDP2014: 0.636 Percentage of GDP2015: 0.657 Percentage of GDP2016: 0.412 Percentage of GDP2017: 0.639 Percentage of GDP2018: 0.83 Percentage of GDP2019: 0.712 Percentage of GDP2020: 0.229 Percentage of GDP2021: 0.762 Percentage of GDP2022: 1.4 Percentage of GDP2023: 0.523 Percentage of GDP2024: 0.444 Percentage of GDP2025: 0.494 Percentage of GDP2026: 0.527 Percentage of GDP2027: 0.53 Percentage of GDP2028: 0.511 Percentage of GDP2029: 0.499 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 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 23rd 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 0.4065 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

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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 23rd out of 46 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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Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in High income 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/high-income-countries-2/

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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.