Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in European Union (27 countries)
European Union (27 countries): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 3.43 Percentage of GDP in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in European Union (27 countries), 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
European Union (27 countries) recorded 3.43 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029.
The figure is up 0.3% on the previous year and up 3.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in European Union (27 countries) peaked at 4.23 Percentage of GDP in 2016 and was at its lowest, 0.1268 Percentage of GDP, in 2000.
European Union (27 countries) ranks 3rd of 36 regions on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in European Union (27 countries), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.1268 Percentage of GDP | — |
| 2001 | 0.7885 Percentage of GDP | +521.6% |
| 2002 | 1.59 Percentage of GDP | +102.1% |
| 2003 | 1.16 Percentage of GDP | -27.1% |
| 2004 | 1.31 Percentage of GDP | +12.5% |
| 2005 | 0.8954 Percentage of GDP | -31.5% |
| 2006 | 0.5132 Percentage of GDP | -42.7% |
| 2007 | 0.5617 Percentage of GDP | +9.5% |
| 2008 | 0.1982 Percentage of GDP | -64.7% |
| 2009 | 1.3 Percentage of GDP | +553.8% |
| 2010 | 1.22 Percentage of GDP | -5.7% |
| 2011 | 1.39 Percentage of GDP | +13.5% |
| 2012 | 2.6 Percentage of GDP | +87.3% |
| 2013 | 3.35 Percentage of GDP | +29.0% |
| 2014 | 3.56 Percentage of GDP | +6.3% |
| 2015 | 4.15 Percentage of GDP | +16.6% |
| 2016 | 4.23 Percentage of GDP | +1.9% |
| 2017 | 4.06 Percentage of GDP | -4.1% |
| 2018 | 3.56 Percentage of GDP | -12.4% |
| 2019 | 3.31 Percentage of GDP | -7.1% |
| 2020 | 3.44 Percentage of GDP | +4.2% |
| 2021 | 3.38 Percentage of GDP | -1.9% |
| 2022 | 1.32 Percentage of GDP | -61.1% |
| 2023 | 3.52 Percentage of GDP | +167.7% |
| 2024 | 3.62 Percentage of GDP | +2.7% |
| 2025 | 3.5 Percentage of GDP | -3.2% |
| 2026 | 3.44 Percentage of GDP | -1.7% |
| 2027 | 3.36 Percentage of GDP | -2.4% |
| 2028 | 3.42 Percentage of GDP | +1.7% |
| 2029 | 3.43 Percentage of GDP | +0.3% |
Biggest year-on-year movements
Years where Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in European Union (27 countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +553.8% | 0.1982 Percentage of GDP | 1.3 Percentage of GDP |
| 2001 | +521.6% | 0.1268 Percentage of GDP | 0.7885 Percentage of GDP |
| 2023 | +167.7% | 1.32 Percentage of GDP | 3.52 Percentage of GDP |
| 2002 | +102.1% | 0.7885 Percentage of GDP | 1.59 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8441 Percentage of GDP | 0.1268 Percentage of GDP | 1.59 Percentage of GDP | 10 |
| 2010s | 3.14 Percentage of GDP | 1.22 Percentage of GDP | 4.23 Percentage of GDP | 10 |
| 2020s | 3.24 Percentage of GDP | 1.32 Percentage of GDP | 3.62 Percentage of GDP | 10 |
Countries ranked near European Union (27 countries)
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Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in European Union (27 countries)?
- Africa's development dynamics (afdd) table 15 - growth decomposition in European Union (27 countries) was 3.43 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 European Union (27 countries)?
- The highest recorded value was 4.23 Percentage of GDP in 2016.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in European Union (27 countries)?
- The lowest recorded value was 0.1268 Percentage of GDP in 2000.
- How does European Union (27 countries) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- European Union (27 countries) ranks 3rd out of 36 regions with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in European Union (27 countries)?
- Over the last ten years it is up 3.8%. The long-run trend across the full record is volatile.
- Where does this European Union (27 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 — Foreign balance. 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.