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

ASEAN: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 1.84 Percentage of GDP in 2029. β—† Volatile

Latest (2029)
1.84 Percentage of GDP
Change on year
down 9.8%
Rank
7th
of 46 groups
All-time high
9.93 Percentage of GDP
in 2000
All-time low
1.84 Percentage of GDP
in 2029
Years of data
30
2000–2029

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

2468102000201420292000: 9.9 Percentage of GDP2001: 8.5 Percentage of GDP2002: 7.5 Percentage of GDP2003: 8.8 Percentage of GDP2004: 7.2 Percentage of GDP2005: 6.6 Percentage of GDP2006: 8.4 Percentage of GDP2007: 8.6 Percentage of GDP2008: 5.3 Percentage of GDP2009: 7.4 Percentage of GDP2010: 5.3 Percentage of GDP2011: 4.9 Percentage of GDP2012: 3 Percentage of GDP2013: 2.4 Percentage of GDP2014: 3.3 Percentage of GDP2015: 3.9 Percentage of GDP2016: 4.1 Percentage of GDP2017: 3.9 Percentage of GDP2018: 2.7 Percentage of GDP2019: 3.2 Percentage of GDP2020: 4 Percentage of GDP2021: 3.2 Percentage of GDP2022: 3.4 Percentage of GDP2023: 3.5 Percentage of GDP2024: 2.6 Percentage of GDP2025: 2.6 Percentage of GDP2026: 2.5 Percentage of GDP2027: 2.3 Percentage of GDP2028: 2 Percentage of GDP2029: 1.8 Percentage of GDP

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 ASEAN stood at 1.84 Percentage of GDP. That is the lowest value across all 30 years on record.

Compared with earlier readings it is down 9.8% on the previous year and down 43.4% over ten years.

Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in ASEAN peaked at 9.93 Percentage of GDP in 2000 and was at its lowest, 1.84 Percentage of GDP, in 2029.

ASEAN ranks 7th of 46 groups on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.83 Percentage of GDP 5.34 Percentage of GDP 9.93 Percentage of GDP 10
2010s 3.66 Percentage of GDP 2.4 Percentage of GDP 5.3 Percentage of GDP 10
2020s 2.79 Percentage of GDP 1.84 Percentage of GDP 3.96 Percentage of GDP 10

Countries ranked near ASEAN

  1. 4 Africa, fragile states -3 Percentage of GDP compare
  2. 5 Arab Maghreb Union (UMA) -5.31 Percentage of GDP compare
  3. 6 East African Community -5.51 Percentage of GDP compare

See the full ranking of 53 places β†’

More reference data data for ASEAN

All data for ASEAN β†’

Frequently asked questions

What is africa's development dynamics (afdd) table 15 - growth decomposition in ASEAN?
Africa's development dynamics (afdd) table 15 - growth decomposition in ASEAN was 1.84 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 ASEAN?
The highest recorded value was 9.93 Percentage of GDP in 2000.
What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in ASEAN?
The lowest recorded value was 1.84 Percentage of GDP in 2029.
How does ASEAN rank for africa's development dynamics (afdd) table 15 - growth decomposition?
ASEAN ranks 7th out of 46 groups with data for 2029.
Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in ASEAN?
Over the last ten years it is down 43.4%. The long-run trend across the full record is volatile.
Where does this ASEAN 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 ASEAN. 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/asean/

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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.