Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, least developed countries
Africa, least developed countries: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 25.58 Percentage of GDP in 2029. ▼ Falling
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, least developed countries, 2000–2029
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 Africa, least developed countries stood at 25.58 Percentage of GDP. That is the lowest value across all 30 years on record.
That represents a change of down 3.2% on the previous year and down 15.0% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Africa, least developed countries peaked at 38.33 Percentage of GDP in 2008 and was at its lowest, 25.58 Percentage of GDP, in 2029.
Africa, least developed countries ranks 21st of 36 regions on this measure, in the middle of the range.
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 Africa, least developed countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 28.71 Percentage of GDP | — |
| 2001 | 31.34 Percentage of GDP | +9.2% |
| 2002 | 31.3 Percentage of GDP | -0.1% |
| 2003 | 31.85 Percentage of GDP | +1.8% |
| 2004 | 33.84 Percentage of GDP | +6.2% |
| 2005 | 34.42 Percentage of GDP | +1.7% |
| 2006 | 32.61 Percentage of GDP | -5.3% |
| 2007 | 36.7 Percentage of GDP | +12.5% |
| 2008 | 38.33 Percentage of GDP | +4.4% |
| 2009 | 37.88 Percentage of GDP | -1.2% |
| 2010 | 36.41 Percentage of GDP | -3.9% |
| 2011 | 35.88 Percentage of GDP | -1.5% |
| 2012 | 36.29 Percentage of GDP | +1.2% |
| 2013 | 36.3 Percentage of GDP | +0.0% |
| 2014 | 35.31 Percentage of GDP | -2.7% |
| 2015 | 33.61 Percentage of GDP | -4.8% |
| 2016 | 32.07 Percentage of GDP | -4.6% |
| 2017 | 30.6 Percentage of GDP | -4.6% |
| 2018 | 31.87 Percentage of GDP | +4.1% |
| 2019 | 30.09 Percentage of GDP | -5.6% |
| 2020 | 28.78 Percentage of GDP | -4.4% |
| 2021 | 30.19 Percentage of GDP | +4.9% |
| 2022 | 31.53 Percentage of GDP | +4.4% |
| 2023 | 29.95 Percentage of GDP | -5.0% |
| 2024 | 29.71 Percentage of GDP | -0.8% |
| 2025 | 28.97 Percentage of GDP | -2.5% |
| 2026 | 28.36 Percentage of GDP | -2.1% |
| 2027 | 27.31 Percentage of GDP | -3.7% |
| 2028 | 26.42 Percentage of GDP | -3.3% |
| 2029 | 25.58 Percentage of GDP | -3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 33.7 Percentage of GDP | 28.71 Percentage of GDP | 38.33 Percentage of GDP | 10 |
| 2010s | 33.84 Percentage of GDP | 30.09 Percentage of GDP | 36.41 Percentage of GDP | 10 |
| 2020s | 28.68 Percentage of GDP | 25.58 Percentage of GDP | 31.53 Percentage of GDP | 10 |
More reference data data for Africa, least developed countries
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 23.94 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.86 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 21.13 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 6.5 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 9.78 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 5.18 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.28 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.1134 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.27 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.2333 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in Africa, least developed countries?
- Africa's development dynamics (afdd) table 15 - growth decomposition in Africa, least developed countries was 25.58 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 Africa, least developed countries?
- The highest recorded value was 38.33 Percentage of GDP in 2008.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Africa, least developed countries?
- The lowest recorded value was 25.58 Percentage of GDP in 2029.
- How does Africa, least developed countries rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- Africa, least developed countries ranks 21st out of 36 regions with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Africa, least developed countries?
- Over the last ten years it is down 15.0%. The long-run trend across the full record is falling.
- Where does this 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 — Imports of goods and services. 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.