Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa

Africa: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was -3.93 Percentage of GDP in 2029. β—† Volatile

Latest (2029)
-3.93 Percentage of GDP
Change on year
down 1.6%
Rank
26th
of 46 groups
All-time high
3.56 Percentage of GDP
in 2005
All-time low
-7.82 Percentage of GDP
in 2015
Years of data
30
2000–2029

Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, 2000–2029

-7.5-5-2.502.52000201420292000: 2.4 Percentage of GDP2001: 0.534 Percentage of GDP2002: -0.087 Percentage of GDP2003: 0.951 Percentage of GDP2004: 1.9 Percentage of GDP2005: 3.6 Percentage of GDP2006: 3.5 Percentage of GDP2007: 1.5 Percentage of GDP2008: 0.132 Percentage of GDP2009: -3.7 Percentage of GDP2010: -1.7 Percentage of GDP2011: -0.861 Percentage of GDP2012: -3 Percentage of GDP2013: -3.5 Percentage of GDP2014: -5.3 Percentage of GDP2015: -7.8 Percentage of GDP2016: -7 Percentage of GDP2017: -6.1 Percentage of GDP2018: -5.2 Percentage of GDP2019: -5.6 Percentage of GDP2020: -5.4 Percentage of GDP2021: -3.8 Percentage of GDP2022: -3 Percentage of GDP2023: -2.9 Percentage of GDP2024: -4 Percentage of GDP2025: -3.8 Percentage of GDP2026: -3.9 Percentage of GDP2027: -3.8 Percentage of GDP2028: -3.9 Percentage of GDP2029: -3.9 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

Africa recorded -3.93 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029.

Compared with earlier readings it is down 1.6% on the previous year and up 29.7% over ten years.

Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Africa peaked at 3.56 Percentage of GDP in 2005 and was at its lowest, -7.82 Percentage of GDP, in 2015.

Africa ranks 26th of 46 groups on this measure, 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

DecadeAverage LowestHighest Years
2000s 1.08 Percentage of GDP -3.66 Percentage of GDP 3.56 Percentage of GDP 10
2010s -4.6 Percentage of GDP -7.82 Percentage of GDP -0.8605 Percentage of GDP 10
2020s -3.83 Percentage of GDP -5.44 Percentage of GDP -2.86 Percentage of GDP 10

More reference data data for Africa

All data for Africa β†’

Frequently asked questions

What is africa's development dynamics (afdd) table 15 - growth decomposition in Africa?
Africa's development dynamics (afdd) table 15 - growth decomposition in Africa was -3.93 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 Africa?
The highest recorded value was 3.56 Percentage of GDP in 2005.
What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Africa?
The lowest recorded value was -7.82 Percentage of GDP in 2015.
How does Africa rank for africa's development dynamics (afdd) table 15 - growth decomposition?
Africa ranks 26th out of 46 groups with data for 2029.
Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Africa?
Over the last ten years it is up 29.7%. The long-run trend across the full record is volatile.
Where does this Africa 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€” Foreign balance. Statizoid updates them automatically from the source API.

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Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 20 August 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-15-growth-decomposition-by-expenditure-foreign/africa/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure β€” Foreign balance
Unit
Percentage of GDP
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
53 places, 1,590 data points, 2000–2029
Last refreshed

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.