Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in World outside Africa, lower-middle income countries (World Bank)
World outside Africa, lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 2.22 Percentage of GDP in 2029. ▼ Falling
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in World outside Africa, lower-middle income countries (World Bank), 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
World outside Africa, lower-middle income countries (World Bank) recorded 2.22 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029.
Compared with earlier readings it is down 5.4% on the previous year and down 8.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in World outside Africa, lower-middle income countries (World Bank) peaked at 5.22 Percentage of GDP in 2010 and was at its lowest, 0.7364 Percentage of GDP, in 2000.
That places World outside Africa, lower-middle income countries (World Bank) 8th out of 36 regions with data for 2029, putting it in the top quarter.
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 World outside Africa, lower-middle income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.7364 Percentage of GDP | — |
| 2001 | 0.8289 Percentage of GDP | +12.6% |
| 2002 | 2.94 Percentage of GDP | +254.6% |
| 2003 | 4.17 Percentage of GDP | +41.7% |
| 2004 | 5.13 Percentage of GDP | +23.2% |
| 2005 | 4.63 Percentage of GDP | -9.8% |
| 2006 | 4.69 Percentage of GDP | +1.2% |
| 2007 | 4.99 Percentage of GDP | +6.6% |
| 2008 | 3.64 Percentage of GDP | -27.1% |
| 2009 | 4.18 Percentage of GDP | +14.9% |
| 2010 | 5.22 Percentage of GDP | +24.7% |
| 2011 | 4.51 Percentage of GDP | -13.5% |
| 2012 | 4.34 Percentage of GDP | -3.9% |
| 2013 | 3.03 Percentage of GDP | -30.1% |
| 2014 | 3.83 Percentage of GDP | +26.2% |
| 2015 | 3.03 Percentage of GDP | -20.8% |
| 2016 | 2.54 Percentage of GDP | -16.0% |
| 2017 | 3.38 Percentage of GDP | +32.8% |
| 2018 | 3.09 Percentage of GDP | -8.6% |
| 2019 | 2.43 Percentage of GDP | -21.1% |
| 2020 | 2.18 Percentage of GDP | -10.5% |
| 2021 | 3.11 Percentage of GDP | +42.6% |
| 2022 | 3.18 Percentage of GDP | +2.5% |
| 2023 | 2.86 Percentage of GDP | -10.3% |
| 2024 | 2.79 Percentage of GDP | -2.2% |
| 2025 | 2.68 Percentage of GDP | -4.0% |
| 2026 | 2.61 Percentage of GDP | -2.5% |
| 2027 | 2.47 Percentage of GDP | -5.3% |
| 2028 | 2.34 Percentage of GDP | -5.3% |
| 2029 | 2.22 Percentage of GDP | -5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.59 Percentage of GDP | 0.7364 Percentage of GDP | 5.13 Percentage of GDP | 10 |
| 2010s | 3.54 Percentage of GDP | 2.43 Percentage of GDP | 5.22 Percentage of GDP | 10 |
| 2020s | 2.65 Percentage of GDP | 2.18 Percentage of GDP | 3.18 Percentage of GDP | 10 |
More reference data data for World outside Africa, lower-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 22.48 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.2 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 32.84 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 8.72 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 16.71 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 0.7921 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 1.58 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.7704 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.43 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 1.14 Percentage of GDP (2021)
All data for World outside Africa, lower-middle income countries (World Bank) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in World outside Africa, lower-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 15 - growth decomposition in World outside Africa, lower-middle income countries (World Bank) was 2.22 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 World outside Africa, lower-middle income countries (World Bank)?
- The highest recorded value was 5.22 Percentage of GDP in 2010.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in World outside Africa, lower-middle income countries (World Bank)?
- The lowest recorded value was 0.7364 Percentage of GDP in 2000.
- How does World outside Africa, lower-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- World outside Africa, lower-middle income countries (World Bank) ranks 8th out of 36 regions with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in World outside Africa, lower-middle income countries (World Bank)?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is falling.
- Where does this World outside Africa, lower-middle 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 — 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.