Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in West Africa (African Union)
West Africa (African Union): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.4418 Percentage of GDP in 2029. β Volatile
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in West Africa (African Union), 2000β2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for africa's development dynamics (afdd) table 15 - growth decomposition in West Africa (African Union) is 0.4418 Percentage of GDP, measured in 2029.
That represents a change of down 4.2% on the previous year and down 41.2% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in West Africa (African Union) peaked at 0.9848 Percentage of GDP in 2012 and was at its lowest, -0.4648 Percentage of GDP, in 2002.
That places West Africa (African Union) 26th out of 46 regions with data for 2029, putting it 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0467 Percentage of GDP | -0.4648 Percentage of GDP | 0.3333 Percentage of GDP | 10 |
| 2010s | 0.7323 Percentage of GDP | 0.3394 Percentage of GDP | 0.9848 Percentage of GDP | 10 |
| 2020s | 0.6596 Percentage of GDP | 0.4418 Percentage of GDP | 0.9021 Percentage of GDP | 10 |
More reference data data for West Africa (African Union)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 21.91 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.76 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 20.05 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 11.33 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.42 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 2.25 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 1.84 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.039 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 8.96 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.7964 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in West Africa (African Union)?
- Africa's development dynamics (afdd) table 15 - growth decomposition in West Africa (African Union) was 0.4418 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 West Africa (African Union)?
- The highest recorded value was 0.9848 Percentage of GDP in 2012.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in West Africa (African Union)?
- The lowest recorded value was -0.4648 Percentage of GDP in 2002.
- How does West Africa (African Union) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- West Africa (African Union) ranks 26th out of 46 regions with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in West Africa (African Union)?
- Over the last ten years it is down 41.2%. The long-run trend across the full record is volatile.
- Where does this West Africa (African Union) 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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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.