Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Southern Africa (African Union)

Southern Africa (African Union): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 0.8097 Percentage of GDP in 2029. ◆ Volatile

Latest (2029)
0.8097 Percentage of GDP
Change on year
up 40.0%
Rank
5th
of 16 groups
All-time high
5.73 Percentage of GDP
in 2021
All-time low
-4.39 Percentage of GDP
in 2015
Years of data
30
2000–2029

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

-5-2.502.552000201420292000: 3 Percentage of GDP2001: 1.5 Percentage of GDP2002: 2.2 Percentage of GDP2003: 0.942 Percentage of GDP2004: 0.225 Percentage of GDP2005: 1.8 Percentage of GDP2006: 2.4 Percentage of GDP2007: 3.1 Percentage of GDP2008: 1.4 Percentage of GDP2009: -2.1 Percentage of GDP2010: 2.6 Percentage of GDP2011: 2.6 Percentage of GDP2012: 0.364 Percentage of GDP2013: -1.3 Percentage of GDP2014: -1.9 Percentage of GDP2015: -4.4 Percentage of GDP2016: -1.6 Percentage of GDP2017: 0.031 Percentage of GDP2018: 1.1 Percentage of GDP2019: 0.773 Percentage of GDP2020: 2.6 Percentage of GDP2021: 5.7 Percentage of GDP2022: 2.7 Percentage of GDP2023: 1.1 Percentage of GDP2024: 0.449 Percentage of GDP2025: 0.083 Percentage of GDP2026: -0.094 Percentage of GDP2027: 0.289 Percentage of GDP2028: 0.579 Percentage of GDP2029: 0.81 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 Southern Africa (African Union) stood at 0.8097 Percentage of GDP.

That represents a change of up 40.0% on the previous year and up 4.8% over ten years.

Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Southern Africa (African Union) peaked at 5.73 Percentage of GDP in 2021 and was at its lowest, -4.39 Percentage of GDP, in 2015.

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 Southern Africa (African Union), year by year

Annual values for Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure — Foreign balance in Southern Africa (African Union), 2000 to 2029.
Year Percentage of GDP Change
2000 2.97 Percentage of GDP
2001 1.45 Percentage of GDP -51.0%
2002 2.19 Percentage of GDP +50.3%
2003 0.9422 Percentage of GDP -56.9%
2004 0.2252 Percentage of GDP -76.1%
2005 1.83 Percentage of GDP +712.8%
2006 2.38 Percentage of GDP +30.2%
2007 3.1 Percentage of GDP +30.0%
2008 1.39 Percentage of GDP -55.2%
2009 -2.13 Percentage of GDP -253.2%
2010 2.62 Percentage of GDP -223.4%
2011 2.6 Percentage of GDP -0.9%
2012 0.3641 Percentage of GDP -86.0%
2013 -1.28 Percentage of GDP -452.5%
2014 -1.9 Percentage of GDP +48.1%
2015 -4.39 Percentage of GDP +130.9%
2016 -1.64 Percentage of GDP -62.6%
2017 0.031 Percentage of GDP -101.9%
2018 1.09 Percentage of GDP +3428.9%
2019 0.7725 Percentage of GDP -29.4%
2020 2.59 Percentage of GDP +235.5%
2021 5.73 Percentage of GDP +121.2%
2022 2.74 Percentage of GDP -52.1%
2023 1.11 Percentage of GDP -59.6%
2024 0.4488 Percentage of GDP -59.5%
2025 0.0827 Percentage of GDP -81.6%
2026 -0.0935 Percentage of GDP -213.2%
2027 0.2891 Percentage of GDP -409.1%
2028 0.5785 Percentage of GDP +100.1%
2029 0.8097 Percentage of GDP +40.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.43 Percentage of GDP -2.13 Percentage of GDP 3.1 Percentage of GDP 10
2010s -0.1728 Percentage of GDP -4.39 Percentage of GDP 2.62 Percentage of GDP 10
2020s 1.43 Percentage of GDP -0.0935 Percentage of GDP 5.73 Percentage of GDP 10

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Frequently asked questions

What is africa's development dynamics (afdd) table 15 - growth decomposition in Southern Africa (African Union)?
Africa's development dynamics (afdd) table 15 - growth decomposition in Southern Africa (African Union) was 0.8097 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 Southern Africa (African Union)?
The highest recorded value was 5.73 Percentage of GDP in 2021.
What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Southern Africa (African Union)?
The lowest recorded value was -4.39 Percentage of GDP in 2015.
How does Southern Africa (African Union) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
Southern Africa (African Union) ranks 5th out of 16 groups with data for 2029.
Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Southern Africa (African Union)?
Over the last ten years it is up 4.8%. The long-run trend across the full record is volatile.
Where does this Southern Africa (African Union) 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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Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Southern Africa (African Union). Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 25 August 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-15-growth-decomposition-by-expenditure-foreign/southern-africa-african-union/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure — 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.