Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Common Market for Eastern and Southern Africa (COMESA)

Common Market for Eastern and Southern Africa (COMESA): Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 15.55 Percentage of GDP in 2029. ▼ Falling

Latest (2029)
15.55 Percentage of GDP
Change on year
down 1.5%
Rank
16th
of 16 groups
All-time high
24.71 Percentage of GDP
in 2008
All-time low
14.44 Percentage of GDP
in 2024
Years of data
30
2000–2029

Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Common Market for Eastern and Southern Africa (COMESA), 2000–2029

05101520252000201420292000: 18.7 Percentage of GDP2001: 18.1 Percentage of GDP2002: 19.2 Percentage of GDP2003: 18.8 Percentage of GDP2004: 19.5 Percentage of GDP2005: 20.8 Percentage of GDP2006: 21.8 Percentage of GDP2007: 24.2 Percentage of GDP2008: 24.7 Percentage of GDP2009: 21.5 Percentage of GDP2010: 21.9 Percentage of GDP2011: 19.4 Percentage of GDP2012: 17.9 Percentage of GDP2013: 16.9 Percentage of GDP2014: 17.4 Percentage of GDP2015: 18.3 Percentage of GDP2016: 18.4 Percentage of GDP2017: 18.8 Percentage of GDP2018: 19.2 Percentage of GDP2019: 20.2 Percentage of GDP2020: 17.6 Percentage of GDP2021: 17.2 Percentage of GDP2022: 17.7 Percentage of GDP2023: 15.2 Percentage of GDP2024: 14.4 Percentage of GDP2025: 14.5 Percentage of GDP2026: 15 Percentage of GDP2027: 15.6 Percentage of GDP2028: 15.8 Percentage of GDP2029: 15.6 Percentage of GDP

Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.

Analysis

Common Market for Eastern and Southern Africa (COMESA) recorded 15.55 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029.

That represents a change of down 1.5% on the previous year and down 22.9% over ten years.

Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Common Market for Eastern and Southern Africa (COMESA) peaked at 24.71 Percentage of GDP in 2008 and was at its lowest, 14.44 Percentage of GDP, in 2024.

The long-run direction has been consistently falling across the 30 years of available data.

Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Common Market for Eastern and Southern Africa (COMESA), year by year

Annual values for Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure — Gross fixed capital formation in Common Market for Eastern and Southern Africa (COMESA), 2000 to 2029.
Year Percentage of GDP Change
2000 18.67 Percentage of GDP
2001 18.09 Percentage of GDP -3.1%
2002 19.2 Percentage of GDP +6.1%
2003 18.79 Percentage of GDP -2.1%
2004 19.46 Percentage of GDP +3.6%
2005 20.76 Percentage of GDP +6.7%
2006 21.78 Percentage of GDP +4.9%
2007 24.16 Percentage of GDP +10.9%
2008 24.71 Percentage of GDP +2.3%
2009 21.5 Percentage of GDP -13.0%
2010 21.86 Percentage of GDP +1.7%
2011 19.35 Percentage of GDP -11.5%
2012 17.92 Percentage of GDP -7.4%
2013 16.92 Percentage of GDP -5.6%
2014 17.38 Percentage of GDP +2.7%
2015 18.31 Percentage of GDP +5.3%
2016 18.42 Percentage of GDP +0.6%
2017 18.84 Percentage of GDP +2.3%
2018 19.22 Percentage of GDP +2.0%
2019 20.17 Percentage of GDP +5.0%
2020 17.64 Percentage of GDP -12.6%
2021 17.18 Percentage of GDP -2.6%
2022 17.73 Percentage of GDP +3.2%
2023 15.2 Percentage of GDP -14.3%
2024 14.44 Percentage of GDP -5.0%
2025 14.47 Percentage of GDP +0.2%
2026 15.03 Percentage of GDP +3.9%
2027 15.61 Percentage of GDP +3.8%
2028 15.79 Percentage of GDP +1.2%
2029 15.55 Percentage of GDP -1.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 20.71 Percentage of GDP 18.09 Percentage of GDP 24.71 Percentage of GDP 10
2010s 18.84 Percentage of GDP 16.92 Percentage of GDP 21.86 Percentage of GDP 10
2020s 15.86 Percentage of GDP 14.44 Percentage of GDP 17.73 Percentage of GDP 10

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Frequently asked questions

What is africa's development dynamics (afdd) table 15 - growth decomposition in Common Market for Eastern and Southern Africa (COMESA)?
Africa's development dynamics (afdd) table 15 - growth decomposition in Common Market for Eastern and Southern Africa (COMESA) was 15.55 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 Common Market for Eastern and Southern Africa (COMESA)?
The highest recorded value was 24.71 Percentage of GDP in 2008.
What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Common Market for Eastern and Southern Africa (COMESA)?
The lowest recorded value was 14.44 Percentage of GDP in 2024.
How does Common Market for Eastern and Southern Africa (COMESA) rank for africa's development dynamics (afdd) table 15 - growth decomposition?
Common Market for Eastern and Southern Africa (COMESA) ranks 16th out of 16 groups with data for 2029.
Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Common Market for Eastern and Southern Africa (COMESA)?
Over the last ten years it is down 22.9%. The long-run trend across the full record is falling.
Where does this Common Market for Eastern and Southern Africa (COMESA) 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 — Gross fixed capital formation. Statizoid updates them automatically from the source API.

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Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Common Market for Eastern and Southern Africa (COMESA). Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 02 September 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-15-growth-decomposition-by-expenditure-gross/common-market-for-eastern-and-southern-africa-comesa/

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About this data

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