Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Least developed countries
Least developed countries: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.2656 Percentage of GDP in 2029. ▼ Falling
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Least developed countries, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Least developed countries recorded 0.2656 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029.
That represents a change of down 12.2% on the previous year and down 49.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Least developed countries peaked at 1.07 Percentage of GDP in 2013 and was at its lowest, 0.1095 Percentage of GDP, in 2020.
The long-run direction has been consistently falling across the 30 years of available data.
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Least developed countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.418 Percentage of GDP | — |
| 2001 | 0.5114 Percentage of GDP | +22.3% |
| 2002 | 0.1447 Percentage of GDP | -71.7% |
| 2003 | 0.6078 Percentage of GDP | +320.1% |
| 2004 | 0.6579 Percentage of GDP | +8.2% |
| 2005 | 0.8767 Percentage of GDP | +33.2% |
| 2006 | 0.6171 Percentage of GDP | -29.6% |
| 2007 | 0.5399 Percentage of GDP | -12.5% |
| 2008 | 0.8371 Percentage of GDP | +55.1% |
| 2009 | 0.6125 Percentage of GDP | -26.8% |
| 2010 | 0.8366 Percentage of GDP | +36.6% |
| 2011 | 0.4659 Percentage of GDP | -44.3% |
| 2012 | 0.9974 Percentage of GDP | +114.1% |
| 2013 | 1.07 Percentage of GDP | +7.6% |
| 2014 | 0.7612 Percentage of GDP | -29.1% |
| 2015 | 1.03 Percentage of GDP | +35.5% |
| 2016 | 0.5851 Percentage of GDP | -43.3% |
| 2017 | 0.8052 Percentage of GDP | +37.6% |
| 2018 | 0.7159 Percentage of GDP | -11.1% |
| 2019 | 0.5238 Percentage of GDP | -26.8% |
| 2020 | 0.1095 Percentage of GDP | -79.1% |
| 2021 | 0.1951 Percentage of GDP | +78.1% |
| 2022 | 0.3633 Percentage of GDP | +86.3% |
| 2023 | 0.4429 Percentage of GDP | +21.9% |
| 2024 | 0.4129 Percentage of GDP | -6.8% |
| 2025 | 0.3842 Percentage of GDP | -6.9% |
| 2026 | 0.3498 Percentage of GDP | -9.0% |
| 2027 | 0.3241 Percentage of GDP | -7.3% |
| 2028 | 0.3025 Percentage of GDP | -6.7% |
| 2029 | 0.2656 Percentage of GDP | -12.2% |
Biggest year-on-year movements
Years where Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Least developed 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 |
|---|---|---|---|
| 2003 | +320.1% | 0.1447 Percentage of GDP | 0.6078 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5823 Percentage of GDP | 0.1447 Percentage of GDP | 0.8767 Percentage of GDP | 10 |
| 2010s | 0.7796 Percentage of GDP | 0.4659 Percentage of GDP | 1.07 Percentage of GDP | 10 |
| 2020s | 0.315 Percentage of GDP | 0.1095 Percentage of GDP | 0.4429 Percentage of GDP | 10 |
More reference data data for Least developed countries
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 24.36 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 8.35 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 23.2 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.57 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.86 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 4.07 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 2.84 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.066 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 8.15 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.6314 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in Least developed countries?
- Africa's development dynamics (afdd) table 15 - growth decomposition in Least developed countries was 0.2656 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 Least developed countries?
- The highest recorded value was 1.07 Percentage of GDP in 2013.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Least developed countries?
- The lowest recorded value was 0.1095 Percentage of GDP in 2020.
- How does Least developed countries rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- Least developed countries ranks 11th out of 16 groups with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Least developed countries?
- Over the last ten years it is down 49.3%. The long-run trend across the full record is falling.
- Where does this Least developed 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.