Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in World outside Africa, least developed countries

World outside Africa, least developed countries: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 32.53 Percentage of GDP in 2029. ▲ Rising

Latest (2029)
32.53 Percentage of GDP
Change on year
up 1.4%
Rank
4th
of 36 regions
All-time high
32.53 Percentage of GDP
in 2029
All-time low
20.74 Percentage of GDP
in 2000
Years of data
30
2000–2029

Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in World outside Africa, least developed countries, 2000–2029

01020302000201420292000: 20.7 Percentage of GDP2001: 21 Percentage of GDP2002: 21.2 Percentage of GDP2003: 21.8 Percentage of GDP2004: 22.3 Percentage of GDP2005: 22.8 Percentage of GDP2006: 22.5 Percentage of GDP2007: 24 Percentage of GDP2008: 22.9 Percentage of GDP2009: 23.7 Percentage of GDP2010: 24 Percentage of GDP2011: 25.2 Percentage of GDP2012: 26.8 Percentage of GDP2013: 27 Percentage of GDP2014: 27 Percentage of GDP2015: 27.8 Percentage of GDP2016: 28.3 Percentage of GDP2017: 29.1 Percentage of GDP2018: 30.2 Percentage of GDP2019: 30.3 Percentage of GDP2020: 29.6 Percentage of GDP2021: 29.2 Percentage of GDP2022: 30.1 Percentage of GDP2023: 29.3 Percentage of GDP2024: 28.7 Percentage of GDP2025: 30.2 Percentage of GDP2026: 30.9 Percentage of GDP2027: 31.6 Percentage of GDP2028: 32.1 Percentage of GDP2029: 32.5 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 World outside Africa, least developed countries stood at 32.53 Percentage of GDP. That is the highest value across all 30 years on record.

The figure is up 1.4% on the previous year and up 7.3% over ten years.

Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in World outside Africa, least developed countries peaked at 32.53 Percentage of GDP in 2029 and was at its lowest, 20.74 Percentage of GDP, in 2000.

World outside Africa, least developed countries ranks 4th of 36 regions on this measure, in the top 10%.

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

Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in World outside Africa, least developed countries, year by year

Annual values for Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition by expenditure — Gross fixed capital formation in World outside Africa, least developed countries, 2000 to 2029.
Year Percentage of GDP Change
2000 20.74 Percentage of GDP
2001 21.04 Percentage of GDP +1.4%
2002 21.2 Percentage of GDP +0.7%
2003 21.82 Percentage of GDP +3.0%
2004 22.3 Percentage of GDP +2.2%
2005 22.78 Percentage of GDP +2.1%
2006 22.5 Percentage of GDP -1.2%
2007 24.02 Percentage of GDP +6.8%
2008 22.86 Percentage of GDP -4.8%
2009 23.68 Percentage of GDP +3.6%
2010 24.03 Percentage of GDP +1.5%
2011 25.24 Percentage of GDP +5.0%
2012 26.79 Percentage of GDP +6.2%
2013 27.04 Percentage of GDP +1.0%
2014 26.99 Percentage of GDP -0.2%
2015 27.8 Percentage of GDP +3.0%
2016 28.31 Percentage of GDP +1.8%
2017 29.07 Percentage of GDP +2.7%
2018 30.24 Percentage of GDP +4.0%
2019 30.33 Percentage of GDP +0.3%
2020 29.63 Percentage of GDP -2.3%
2021 29.18 Percentage of GDP -1.5%
2022 30.1 Percentage of GDP +3.2%
2023 29.3 Percentage of GDP -2.7%
2024 28.72 Percentage of GDP -2.0%
2025 30.21 Percentage of GDP +5.2%
2026 30.9 Percentage of GDP +2.3%
2027 31.6 Percentage of GDP +2.3%
2028 32.08 Percentage of GDP +1.5%
2029 32.53 Percentage of GDP +1.4%

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.3 Percentage of GDP 20.74 Percentage of GDP 24.02 Percentage of GDP 10
2010s 27.58 Percentage of GDP 24.03 Percentage of GDP 30.33 Percentage of GDP 10
2020s 30.43 Percentage of GDP 28.72 Percentage of GDP 32.53 Percentage of GDP 10

Countries ranked near World outside Africa, least developed countries

  1. 1 OECD 22.89 Percentage of GDP compare

See the full ranking of 53 places →

More reference data data for World outside Africa, least developed countries

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Frequently asked questions

What is africa's development dynamics (afdd) table 15 - growth decomposition in World outside Africa, least developed countries?
Africa's development dynamics (afdd) table 15 - growth decomposition in World outside Africa, least developed countries was 32.53 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 World outside Africa, least developed countries?
The highest recorded value was 32.53 Percentage of GDP in 2029.
What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in World outside Africa, least developed countries?
The lowest recorded value was 20.74 Percentage of GDP in 2000.
How does World outside Africa, least developed countries rank for africa's development dynamics (afdd) table 15 - growth decomposition?
World outside Africa, least developed countries ranks 4th out of 36 regions with data for 2029.
Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in World outside Africa, least developed countries?
Over the last ten years it is up 7.3%. The long-run trend across the full record is rising.
Where does this World outside Africa, least developed 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 — 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 World outside Africa, least developed countries. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 26 August 2026, from https://reference.statizoid.com/stat/africa-s-development-dynamics-afdd-table-15-growth-decomposition-by-expenditure-gross/world-outside-africa-least-developed-countries/

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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.