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 20.01 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
In 2029, africa's development dynamics (afdd) table 15 - growth decomposition in Least Developed Countries stood at 20.01 Percentage of GDP.
That represents a change of down 1.1% on the previous year and down 0.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Least Developed Countries peaked at 25.85 Percentage of GDP in 2008 and was at its lowest, 18.4 Percentage of GDP, in 2020.
The long-run direction has been consistently falling across the 30 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.36 Percentage of GDP | 21.1 Percentage of GDP | 25.85 Percentage of GDP | 10 |
| 2010s | 21.71 Percentage of GDP | 18.98 Percentage of GDP | 25.66 Percentage of GDP | 10 |
| 2020s | 20.31 Percentage of GDP | 18.4 Percentage of GDP | 21.22 Percentage of GDP | 10 |
Countries ranked near Least Developed Countries
- 1 Resource-rich countries 33.52 Percentage of GDP compare
- 2 OECD 31.11 Percentage of GDP compare
- 3 Arab Maghreb Union (UMA) 29.85 Percentage of GDP compare
- 4 World outside Africa 27.49 Percentage of GDP compare
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 20.01 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 25.85 Percentage of GDP in 2008.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Least Developed Countries?
- The lowest recorded value was 18.4 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 1st out of 1 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 0.3%. 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 — Exports of goods and services. 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.