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

OECD: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.4068 Percentage of GDP in 2029. β—† Volatile

Latest (2029)
0.4068 Percentage of GDP
Change on year
up 6.9%
World rank
2nd
of 6 countries
All-time high
0.4655 Percentage of GDP
in 2016
All-time low
-1.46 Percentage of GDP
in 2008
Years of data
30
2000–2029

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

-1.5-1-0.500.52000201420292000: -0.829 Percentage of GDP2001: -0.5 Percentage of GDP2002: -0.481 Percentage of GDP2003: -0.816 Percentage of GDP2004: -0.88 Percentage of GDP2005: -1.3 Percentage of GDP2006: -1.4 Percentage of GDP2007: -1.2 Percentage of GDP2008: -1.5 Percentage of GDP2009: -0.265 Percentage of GDP2010: -0.572 Percentage of GDP2011: -0.924 Percentage of GDP2012: -0.48 Percentage of GDP2013: -0.143 Percentage of GDP2014: -0.099 Percentage of GDP2015: 0.244 Percentage of GDP2016: 0.465 Percentage of GDP2017: 0.366 Percentage of GDP2018: 0.253 Percentage of GDP2019: 0.365 Percentage of GDP2020: 0.27 Percentage of GDP2021: 0.131 Percentage of GDP2022: -1.2 Percentage of GDP2023: 0.05 Percentage of GDP2024: 0.284 Percentage of GDP2025: 0.289 Percentage of GDP2026: 0.347 Percentage of GDP2027: 0.34 Percentage of GDP2028: 0.38 Percentage of GDP2029: 0.407 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 OECD stood at 0.4068 Percentage of GDP.

The figure is up 6.9% on the previous year and up 11.5% over ten years.

Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in OECD peaked at 0.4655 Percentage of GDP in 2016 and was at its lowest, -1.46 Percentage of GDP, in 2008.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s -0.9106 Percentage of GDP -1.46 Percentage of GDP -0.2647 Percentage of GDP 10
2010s -0.0523 Percentage of GDP -0.9238 Percentage of GDP 0.4655 Percentage of GDP 10
2020s 0.1278 Percentage of GDP -1.22 Percentage of GDP 0.4068 Percentage of GDP 10

Countries ranked near OECD

  1. 1 Resource-rich countries 3.15 Percentage of GDP compare
  2. 3 World outside Africa 0.4063 Percentage of GDP compare
  3. 4 Africa, fragile states -3 Percentage of GDP compare
  4. 5 Arab Maghreb Union (UMA) -5.31 Percentage of GDP compare

See the full ranking of 53 places β†’

More reference data data for OECD

All data for OECD β†’

Frequently asked questions

What is africa's development dynamics (afdd) table 15 - growth decomposition in OECD?
Africa's development dynamics (afdd) table 15 - growth decomposition in OECD was 0.4068 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 OECD?
The highest recorded value was 0.4655 Percentage of GDP in 2016.
What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in OECD?
The lowest recorded value was -1.46 Percentage of GDP in 2008.
How does OECD rank for africa's development dynamics (afdd) table 15 - growth decomposition?
OECD ranks 2nd out of 6 countries with data for 2029.
Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in OECD?
Over the last ten years it is up 11.5%. The long-run trend across the full record is volatile.
Where does this OECD 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 OECD. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-15-growth-decomposition-by-expenditure-foreign/oecd/

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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. <br><br> Table 15 shows growth decomposition by expenditure, including gross fixed capital formation, changes in inventories, foreign balances, and trade balance.