Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, resource-rich countries
Africa, resource-rich countries: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 24.64 Percentage of GDP in 2029. ▼ Falling
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Africa, resource-rich 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, resource-rich countries stood at 24.64 Percentage of GDP.
That represents a change of down 1.3% on the previous year and down 16.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Africa, resource-rich countries peaked at 40.78 Percentage of GDP in 2009 and was at its lowest, 23.95 Percentage of GDP, in 2022.
Africa, resource-rich countries ranks 24th 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, resource-rich countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 27.14 Percentage of GDP | — |
| 2001 | 30.18 Percentage of GDP | +11.2% |
| 2002 | 32.79 Percentage of GDP | +8.6% |
| 2003 | 30.2 Percentage of GDP | -7.9% |
| 2004 | 30.42 Percentage of GDP | +0.7% |
| 2005 | 28.65 Percentage of GDP | -5.8% |
| 2006 | 25.4 Percentage of GDP | -11.3% |
| 2007 | 29.51 Percentage of GDP | +16.2% |
| 2008 | 33.33 Percentage of GDP | +12.9% |
| 2009 | 40.78 Percentage of GDP | +22.4% |
| 2010 | 34.09 Percentage of GDP | -16.4% |
| 2011 | 31.21 Percentage of GDP | -8.4% |
| 2012 | 31.6 Percentage of GDP | +1.2% |
| 2013 | 32.32 Percentage of GDP | +2.3% |
| 2014 | 32.78 Percentage of GDP | +1.4% |
| 2015 | 35.24 Percentage of GDP | +7.5% |
| 2016 | 33.39 Percentage of GDP | -5.3% |
| 2017 | 31.8 Percentage of GDP | -4.8% |
| 2018 | 31.11 Percentage of GDP | -2.2% |
| 2019 | 29.63 Percentage of GDP | -4.7% |
| 2020 | 27.88 Percentage of GDP | -5.9% |
| 2021 | 26.46 Percentage of GDP | -5.1% |
| 2022 | 23.95 Percentage of GDP | -9.5% |
| 2023 | 24.93 Percentage of GDP | +4.1% |
| 2024 | 24.95 Percentage of GDP | +0.1% |
| 2025 | 25.43 Percentage of GDP | +1.9% |
| 2026 | 25.51 Percentage of GDP | +0.3% |
| 2027 | 25.14 Percentage of GDP | -1.5% |
| 2028 | 24.96 Percentage of GDP | -0.7% |
| 2029 | 24.64 Percentage of GDP | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30.84 Percentage of GDP | 25.4 Percentage of GDP | 40.78 Percentage of GDP | 10 |
| 2010s | 32.32 Percentage of GDP | 29.63 Percentage of GDP | 35.24 Percentage of GDP | 10 |
| 2020s | 25.39 Percentage of GDP | 23.95 Percentage of GDP | 27.88 Percentage of GDP | 10 |
More reference data data for Africa, resource-rich countries
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 34.47 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 8.02 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 23.6 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.04 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 6.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 0.6377 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.2244 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.0781 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 28.97 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.24 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in Africa, resource-rich countries?
- Africa's development dynamics (afdd) table 15 - growth decomposition in Africa, resource-rich countries was 24.64 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, resource-rich countries?
- The highest recorded value was 40.78 Percentage of GDP in 2009.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Africa, resource-rich countries?
- The lowest recorded value was 23.95 Percentage of GDP in 2022.
- How does Africa, resource-rich countries rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- Africa, resource-rich countries ranks 24th out of 36 regions with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Africa, resource-rich countries?
- Over the last ten years it is down 16.9%. The long-run trend across the full record is falling.
- Where does this Africa, resource-rich 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.