Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Low income countries (World Bank)

Low income countries (World Bank): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.0839 Percentage of GDP in 2029. β—† Volatile

Latest (2029)
0.0839 Percentage of GDP
Change on year
down 0.6%
Rank
34th
of 46 regions
All-time high
3.38 Percentage of GDP
in 2008
All-time low
-0.3874 Percentage of GDP
in 2005
Years of data
30
2000–2029

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

01232000201420292000: 0.253 Percentage of GDP2001: 0.63 Percentage of GDP2002: 0.513 Percentage of GDP2003: 1.1 Percentage of GDP2004: -0.229 Percentage of GDP2005: -0.387 Percentage of GDP2006: 0.135 Percentage of GDP2007: 1.9 Percentage of GDP2008: 3.4 Percentage of GDP2009: 2.7 Percentage of GDP2010: 1.6 Percentage of GDP2011: 0.396 Percentage of GDP2012: 0.854 Percentage of GDP2013: 0.764 Percentage of GDP2014: 0.631 Percentage of GDP2015: 0.508 Percentage of GDP2016: 1.2 Percentage of GDP2017: 0.657 Percentage of GDP2018: 0.355 Percentage of GDP2019: 0.378 Percentage of GDP2020: -0.063 Percentage of GDP2021: -0.137 Percentage of GDP2022: 0.097 Percentage of GDP2023: 0.094 Percentage of GDP2024: 0.091 Percentage of GDP2025: 0.088 Percentage of GDP2026: 0.087 Percentage of GDP2027: 0.086 Percentage of GDP2028: 0.084 Percentage of GDP2029: 0.084 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 Low income countries (World Bank) stood at 0.0839 Percentage of GDP.

That represents a change of down 0.6% on the previous year and down 77.8% over ten years.

Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Low income countries (World Bank) peaked at 3.38 Percentage of GDP in 2008 and was at its lowest, -0.3874 Percentage of GDP, in 2005.

Low income countries (World Bank) ranks 34th 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 0.9939 Percentage of GDP -0.3874 Percentage of GDP 3.38 Percentage of GDP 10
2010s 0.732 Percentage of GDP 0.3552 Percentage of GDP 1.62 Percentage of GDP 10
2020s 0.0511 Percentage of GDP -0.1371 Percentage of GDP 0.0968 Percentage of GDP 10

More reference data data for Low income countries (World Bank)

All data for Low income countries (World Bank) β†’

Frequently asked questions

What is africa's development dynamics (afdd) table 15 - growth decomposition in Low income countries (World Bank)?
Africa's development dynamics (afdd) table 15 - growth decomposition in Low income countries (World Bank) was 0.0839 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 Low income countries (World Bank)?
The highest recorded value was 3.38 Percentage of GDP in 2008.
What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Low income countries (World Bank)?
The lowest recorded value was -0.3874 Percentage of GDP in 2005.
How does Low income countries (World Bank) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
Low income countries (World Bank) ranks 34th out of 46 regions with data for 2029.
Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Low income countries (World Bank)?
Over the last ten years it is down 77.8%. The long-run trend across the full record is volatile.
Where does this Low income countries (World Bank) 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 Low income countries (World Bank). Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-15-growth-decomposition-by-expenditure-changes/low-income-countries-world-bank/

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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. Table 15 shows growth decomposition by expenditure, including gross fixed capital formation, changes in inventories, foreign balances, and trade balance.