Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Latin America and the Caribbean
Latin America and the Caribbean: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was -0.6874 Percentage of GDP in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Latin America and the Caribbean, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Latin America and the Caribbean recorded -0.6874 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029.
That represents a change of down 7.1% on the previous year and down 118.0% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Latin America and the Caribbean peaked at 2.28 Percentage of GDP in 2005 and was at its lowest, -2.11 Percentage of GDP, in 2022.
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 Latin America and the Caribbean, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | -1.08 Percentage of GDP | — |
| 2001 | -1.75 Percentage of GDP | +61.9% |
| 2002 | 0.8536 Percentage of GDP | -148.8% |
| 2003 | 1.64 Percentage of GDP | +91.9% |
| 2004 | 2.16 Percentage of GDP | +32.1% |
| 2005 | 2.28 Percentage of GDP | +5.5% |
| 2006 | 2.03 Percentage of GDP | -11.2% |
| 2007 | 0.7 Percentage of GDP | -65.5% |
| 2008 | -0.6057 Percentage of GDP | -186.5% |
| 2009 | -0.3916 Percentage of GDP | -35.3% |
| 2010 | -0.108 Percentage of GDP | -72.4% |
| 2011 | -0.2239 Percentage of GDP | +107.3% |
| 2012 | -0.6781 Percentage of GDP | +202.9% |
| 2013 | -2.02 Percentage of GDP | +197.2% |
| 2014 | -0.7681 Percentage of GDP | -61.9% |
| 2015 | -1.1 Percentage of GDP | +43.5% |
| 2016 | -0.5456 Percentage of GDP | -50.5% |
| 2017 | -0.4258 Percentage of GDP | -21.9% |
| 2018 | -0.7307 Percentage of GDP | +71.6% |
| 2019 | -0.3153 Percentage of GDP | -56.8% |
| 2020 | 0.148 Percentage of GDP | -146.9% |
| 2021 | -1.32 Percentage of GDP | -989.7% |
| 2022 | -2.11 Percentage of GDP | +60.1% |
| 2023 | -0.5994 Percentage of GDP | -71.6% |
| 2024 | -0.4169 Percentage of GDP | -30.4% |
| 2025 | -0.6682 Percentage of GDP | +60.3% |
| 2026 | -0.7911 Percentage of GDP | +18.4% |
| 2027 | -0.7302 Percentage of GDP | -7.7% |
| 2028 | -0.6416 Percentage of GDP | -12.1% |
| 2029 | -0.6874 Percentage of GDP | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.584 Percentage of GDP | -1.75 Percentage of GDP | 2.28 Percentage of GDP | 10 |
| 2010s | -0.6913 Percentage of GDP | -2.02 Percentage of GDP | -0.108 Percentage of GDP | 10 |
| 2020s | -0.7811 Percentage of GDP | -2.11 Percentage of GDP | 0.148 Percentage of GDP | 10 |
More reference data data for Latin America and the Caribbean
- Exposure to extreme temperature — Annual temperature change 0.9741 Degrees celsius (2023)
- Exposure to extreme precipitation — Annual precipitation change -262.82 Millimetres per year (2023)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.73 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 37.4 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 24.28 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.87 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 16.12 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 0.2202 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 3.48 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.0661 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in Latin America and the Caribbean?
- Africa's development dynamics (afdd) table 15 - growth decomposition in Latin America and the Caribbean was -0.6874 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 Latin America and the Caribbean?
- The highest recorded value was 2.28 Percentage of GDP in 2005.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Latin America and the Caribbean?
- The lowest recorded value was -2.11 Percentage of GDP in 2022.
- How does Latin America and the Caribbean rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- Latin America and the Caribbean ranks 9th out of 16 groups with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Latin America and the Caribbean?
- Over the last ten years it is down 118.0%. The long-run trend across the full record is volatile.
- Where does this Latin America and the Caribbean 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.