Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure β Foreign balance by country
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...
What the numbers show
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure β Foreign balance is currently reported for 6 countries. The highest value is 3.15 Percentage of GDP in Resource-rich countries; the lowest is -5.51 Percentage of GDP in East African Community.
The median across all reporting countries is -1.3 Percentage of GDP, and the mean is -1.64 Percentage of GDP.
Over the past decade 4 countries rose and 2 fell. The largest increase was in Africa, fragile states (up 47.1%), and the largest decrease in Resource-rich countries (down 50.3%).
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Resource-rich countries | 3.15 Percentage of GDP | 2029 | down 50.3% | volatile |
| 2 | OECD | 0.4068 Percentage of GDP | 2029 | up 11.5% | volatile |
| 3 | World outside Africa | 0.4063 Percentage of GDP | 2029 | down 32.9% | falling |
| 4 | Africa, fragile states | -3 Percentage of GDP | 2029 | up 47.1% | volatile |
| 5 | Arab Maghreb Union (UMA) | -5.31 Percentage of GDP | 2029 | up 37.1% | volatile |
| 6 | East African Community | -5.51 Percentage of GDP | 2029 | up 15.1% | rising |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Least Developed Countries -5.59 Percentage of GDP
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. <br><br> Table 15 shows growth decomposition by expenditure, including gross fixed capital formation, changes in inventories, foreign balances, and trade balance.