Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in High income countries (excluding Latin American and Caribbean countries)
High income countries (excluding Latin American and Caribbean countries): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.5022 Percentage of GDP in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in High income countries (excluding Latin American and Caribbean 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 (excluding Latin American and Caribbean countries) stood at 0.5022 Percentage of GDP.
That represents a change of down 2.4% on the previous year and down 29.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in High income countries (excluding Latin American and Caribbean countries) peaked at 1.45 Percentage of GDP in 2022 and was at its lowest, -0.5745 Percentage of GDP, in 2009.
High income countries (excluding Latin American and Caribbean countries) ranks 17th 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 (excluding Latin American and Caribbean countries), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.6724 Percentage of GDP | — |
| 2001 | 0.1992 Percentage of GDP | -70.4% |
| 2002 | 0.2719 Percentage of GDP | +36.5% |
| 2003 | 0.2922 Percentage of GDP | +7.5% |
| 2004 | 0.5751 Percentage of GDP | +96.8% |
| 2005 | 0.5118 Percentage of GDP | -11.0% |
| 2006 | 0.685 Percentage of GDP | +33.8% |
| 2007 | 0.7337 Percentage of GDP | +7.1% |
| 2008 | 0.5941 Percentage of GDP | -19.0% |
| 2009 | -0.5745 Percentage of GDP | -196.7% |
| 2010 | 0.7159 Percentage of GDP | -224.6% |
| 2011 | 0.89 Percentage of GDP | +24.3% |
| 2012 | 0.5552 Percentage of GDP | -37.6% |
| 2013 | 0.5154 Percentage of GDP | -7.2% |
| 2014 | 0.6371 Percentage of GDP | +23.6% |
| 2015 | 0.6554 Percentage of GDP | +2.9% |
| 2016 | 0.4147 Percentage of GDP | -36.7% |
| 2017 | 0.6393 Percentage of GDP | +54.2% |
| 2018 | 0.8245 Percentage of GDP | +29.0% |
| 2019 | 0.7149 Percentage of GDP | -13.3% |
| 2020 | 0.2387 Percentage of GDP | -66.6% |
| 2021 | 0.7528 Percentage of GDP | +215.4% |
| 2022 | 1.45 Percentage of GDP | +92.0% |
| 2023 | 0.5277 Percentage of GDP | -63.5% |
| 2024 | 0.4448 Percentage of GDP | -15.7% |
| 2025 | 0.4969 Percentage of GDP | +11.7% |
| 2026 | 0.5295 Percentage of GDP | +6.6% |
| 2027 | 0.5337 Percentage of GDP | +0.8% |
| 2028 | 0.5147 Percentage of GDP | -3.6% |
| 2029 | 0.5022 Percentage of GDP | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3961 Percentage of GDP | -0.5745 Percentage of GDP | 0.7337 Percentage of GDP | 10 |
| 2010s | 0.6562 Percentage of GDP | 0.4147 Percentage of GDP | 0.89 Percentage of GDP | 10 |
| 2020s | 0.5987 Percentage of GDP | 0.2387 Percentage of GDP | 1.45 Percentage of GDP | 10 |
More reference data data for High income countries (excluding Latin American and Caribbean countries)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 18.84 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.1 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 50.04 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 10.27 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.24 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 23.06 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.3362 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.0866 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 2.24 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.3947 Percentage of GDP (2021)
All data for High income countries (excluding Latin American and Caribbean countries) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in High income countries (excluding Latin American and Caribbean countries)?
- Africa's development dynamics (afdd) table 15 - growth decomposition in High income countries (excluding Latin American and Caribbean countries) was 0.5022 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 (excluding Latin American and Caribbean countries)?
- The highest recorded value was 1.45 Percentage of GDP in 2022.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in High income countries (excluding Latin American and Caribbean countries)?
- The lowest recorded value was -0.5745 Percentage of GDP in 2009.
- How does High income countries (excluding Latin American and Caribbean countries) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- High income countries (excluding Latin American and Caribbean countries) ranks 17th 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 (excluding Latin American and Caribbean countries)?
- Over the last ten years it is down 29.8%. The long-run trend across the full record is volatile.
- Where does this High income countries (excluding Latin American and Caribbean 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.