Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in OECD
OECD: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.1828 Percentage of GDP in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in OECD, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
OECD recorded 0.1828 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029.
Compared with earlier readings it is up 2.8% on the previous year and down 56.0% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in OECD peaked at 1.54 Percentage of GDP in 2022 and was at its lowest, -0.7546 Percentage of GDP, in 2009.
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 OECD, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.6482 Percentage of GDP | — |
| 2001 | 0.1875 Percentage of GDP | -71.1% |
| 2002 | 0.2882 Percentage of GDP | +53.7% |
| 2003 | 0.3398 Percentage of GDP | +17.9% |
| 2004 | 0.5547 Percentage of GDP | +63.3% |
| 2005 | 0.5054 Percentage of GDP | -8.9% |
| 2006 | 0.6487 Percentage of GDP | +28.4% |
| 2007 | 0.682 Percentage of GDP | +5.1% |
| 2008 | 0.5172 Percentage of GDP | -24.2% |
| 2009 | -0.7546 Percentage of GDP | -245.9% |
| 2010 | 0.5009 Percentage of GDP | -166.4% |
| 2011 | 0.7855 Percentage of GDP | +56.8% |
| 2012 | 0.3825 Percentage of GDP | -51.3% |
| 2013 | 0.3926 Percentage of GDP | +2.6% |
| 2014 | 0.4703 Percentage of GDP | +19.8% |
| 2015 | 0.4768 Percentage of GDP | +1.4% |
| 2016 | 0.2684 Percentage of GDP | -43.7% |
| 2017 | 0.4788 Percentage of GDP | +78.4% |
| 2018 | 0.5534 Percentage of GDP | +15.6% |
| 2019 | 0.4153 Percentage of GDP | -24.9% |
| 2020 | 0.2303 Percentage of GDP | -44.5% |
| 2021 | 0.7641 Percentage of GDP | +231.8% |
| 2022 | 1.54 Percentage of GDP | +101.1% |
| 2023 | 0.2531 Percentage of GDP | -83.5% |
| 2024 | 0.0611 Percentage of GDP | -75.9% |
| 2025 | 0.1354 Percentage of GDP | +121.5% |
| 2026 | 0.1716 Percentage of GDP | +26.7% |
| 2027 | 0.185 Percentage of GDP | +7.8% |
| 2028 | 0.1777 Percentage of GDP | -3.9% |
| 2029 | 0.1828 Percentage of GDP | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3617 Percentage of GDP | -0.7546 Percentage of GDP | 0.682 Percentage of GDP | 10 |
| 2010s | 0.4725 Percentage of GDP | 0.2684 Percentage of GDP | 0.7855 Percentage of GDP | 10 |
| 2020s | 0.3698 Percentage of GDP | 0.0611 Percentage of GDP | 1.54 Percentage of GDP | 10 |
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Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in OECD?
- Africa's development dynamics (afdd) table 15 - growth decomposition in OECD was 0.1828 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 OECD?
- The highest recorded value was 1.54 Percentage of GDP in 2022.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in OECD?
- The lowest recorded value was -0.7546 Percentage of GDP in 2009.
- How does OECD rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- OECD ranks 1st out of 1 countries with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in OECD?
- Over the last ten years it is down 56.0%. The long-run trend across the full record is volatile.
- Where does this OECD 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.