Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in High income countries (excluding Latin American and Caribbean countries)
High income countries (excluding Latin American and Caribbean countries): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 1.17 Percentage of GDP in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in High income countries (excluding Latin American and Caribbean 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 High income countries (excluding Latin American and Caribbean countries) stood at 1.17 Percentage of GDP.
Compared with earlier readings it is up 2.4% on the previous year and down 0.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in High income countries (excluding Latin American and Caribbean countries) peaked at 1.86 Percentage of GDP in 2013 and was at its lowest, 0.0797 Percentage of GDP, in 2008.
That places High income countries (excluding Latin American and Caribbean countries) 10th out of 36 regions with data for 2029, putting it in the middle of the range.
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 High income countries (excluding Latin American and Caribbean countries), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.1678 Percentage of GDP | — |
| 2001 | 0.2 Percentage of GDP | +19.2% |
| 2002 | 0.2261 Percentage of GDP | +13.0% |
| 2003 | 0.2128 Percentage of GDP | -5.9% |
| 2004 | 0.3666 Percentage of GDP | +72.3% |
| 2005 | 0.3522 Percentage of GDP | -3.9% |
| 2006 | 0.2 Percentage of GDP | -43.2% |
| 2007 | 0.1687 Percentage of GDP | -15.6% |
| 2008 | 0.0797 Percentage of GDP | -52.8% |
| 2009 | 0.5042 Percentage of GDP | +532.6% |
| 2010 | 0.8391 Percentage of GDP | +66.4% |
| 2011 | 1.24 Percentage of GDP | +47.3% |
| 2012 | 1.68 Percentage of GDP | +36.2% |
| 2013 | 1.86 Percentage of GDP | +10.5% |
| 2014 | 1.51 Percentage of GDP | -18.9% |
| 2015 | 0.9839 Percentage of GDP | -34.7% |
| 2016 | 1.29 Percentage of GDP | +31.1% |
| 2017 | 1.38 Percentage of GDP | +7.1% |
| 2018 | 1.45 Percentage of GDP | +5.0% |
| 2019 | 1.18 Percentage of GDP | -18.6% |
| 2020 | 0.8039 Percentage of GDP | -32.0% |
| 2021 | 1.14 Percentage of GDP | +41.3% |
| 2022 | 0.421 Percentage of GDP | -62.9% |
| 2023 | 1.23 Percentage of GDP | +191.5% |
| 2024 | 1.19 Percentage of GDP | -3.3% |
| 2025 | 1.15 Percentage of GDP | -3.1% |
| 2026 | 1.16 Percentage of GDP | +1.2% |
| 2027 | 1.13 Percentage of GDP | -3.2% |
| 2028 | 1.14 Percentage of GDP | +1.4% |
| 2029 | 1.17 Percentage of GDP | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2478 Percentage of GDP | 0.0797 Percentage of GDP | 0.5042 Percentage of GDP | 10 |
| 2010s | 1.34 Percentage of GDP | 0.8391 Percentage of GDP | 1.86 Percentage of GDP | 10 |
| 2020s | 1.05 Percentage of GDP | 0.421 Percentage of GDP | 1.23 Percentage of GDP | 10 |
More reference data data for High income countries (excluding Latin American and Caribbean countries)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 18.84 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.1 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 50.04 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 10.27 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.24 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 23.06 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.3362 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.0866 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 2.24 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.3947 Percentage of GDP (2021)
All data for High income countries (excluding Latin American and Caribbean countries) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in High income countries (excluding Latin American and Caribbean countries)?
- Africa's development dynamics (afdd) table 15 - growth decomposition in High income countries (excluding Latin American and Caribbean countries) was 1.17 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 High income countries (excluding Latin American and Caribbean countries)?
- The highest recorded value was 1.86 Percentage of GDP in 2013.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in High income countries (excluding Latin American and Caribbean countries)?
- The lowest recorded value was 0.0797 Percentage of GDP in 2008.
- How does High income countries (excluding Latin American and Caribbean countries) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- High income countries (excluding Latin American and Caribbean countries) ranks 10th out of 36 regions with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in High income countries (excluding Latin American and Caribbean countries)?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is volatile.
- Where does this High income countries (excluding Latin American and Caribbean 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.