Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Resource-rich countries
Resource-rich countries: Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition was 30.37 Percentage of GDP in 2029. ▲ Rising
Africa's Development Dynamics (AfDD) Table 15 - Growth decomposition in Resource-rich countries, 2000–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Resource-rich countries recorded 30.37 Percentage of GDP for africa's development dynamics (afdd) table 15 - growth decomposition in 2029. That is the highest value across all 30 years on record.
The figure is up 0.7% on the previous year and up 4.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 15 - growth decomposition in Resource-rich countries peaked at 30.37 Percentage of GDP in 2029 and was at its lowest, 25.24 Percentage of GDP, in 2000.
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 Resource-rich countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 25.24 Percentage of GDP | — |
| 2001 | 26.19 Percentage of GDP | +3.8% |
| 2002 | 27.23 Percentage of GDP | +4.0% |
| 2003 | 27.18 Percentage of GDP | -0.2% |
| 2004 | 27.5 Percentage of GDP | +1.2% |
| 2005 | 26.57 Percentage of GDP | -3.4% |
| 2006 | 26.61 Percentage of GDP | +0.1% |
| 2007 | 28.81 Percentage of GDP | +8.3% |
| 2008 | 28.92 Percentage of GDP | +0.4% |
| 2009 | 29.53 Percentage of GDP | +2.1% |
| 2010 | 26.91 Percentage of GDP | -8.9% |
| 2011 | 26.26 Percentage of GDP | -2.4% |
| 2012 | 27.62 Percentage of GDP | +5.2% |
| 2013 | 28.58 Percentage of GDP | +3.4% |
| 2014 | 28.68 Percentage of GDP | +0.4% |
| 2015 | 29.65 Percentage of GDP | +3.4% |
| 2016 | 27.92 Percentage of GDP | -5.9% |
| 2017 | 28.12 Percentage of GDP | +0.7% |
| 2018 | 28.31 Percentage of GDP | +0.7% |
| 2019 | 29.13 Percentage of GDP | +2.9% |
| 2020 | 28.68 Percentage of GDP | -1.6% |
| 2021 | 28.34 Percentage of GDP | -1.2% |
| 2022 | 26.39 Percentage of GDP | -6.9% |
| 2023 | 28.84 Percentage of GDP | +9.3% |
| 2024 | 29.14 Percentage of GDP | +1.1% |
| 2025 | 29.63 Percentage of GDP | +1.7% |
| 2026 | 30.06 Percentage of GDP | +1.4% |
| 2027 | 30.04 Percentage of GDP | -0.1% |
| 2028 | 30.17 Percentage of GDP | +0.4% |
| 2029 | 30.37 Percentage of GDP | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.38 Percentage of GDP | 25.24 Percentage of GDP | 29.53 Percentage of GDP | 10 |
| 2010s | 28.12 Percentage of GDP | 26.26 Percentage of GDP | 29.65 Percentage of GDP | 10 |
| 2020s | 29.17 Percentage of GDP | 26.39 Percentage of GDP | 30.37 Percentage of GDP | 10 |
More reference data data for Resource-rich countries
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 38.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 6.49 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 29.87 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.35 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.14 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 0.6386 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 1.98 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.296 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 23.64 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.13 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 15 - growth decomposition in Resource-rich countries?
- Africa's development dynamics (afdd) table 15 - growth decomposition in Resource-rich countries was 30.37 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 Resource-rich countries?
- The highest recorded value was 30.37 Percentage of GDP in 2029.
- What is the lowest africa's development dynamics (afdd) table 15 - growth decomposition recorded in Resource-rich countries?
- The lowest recorded value was 25.24 Percentage of GDP in 2000.
- How does Resource-rich countries rank for africa's development dynamics (afdd) table 15 - growth decomposition?
- Resource-rich countries ranks 6th out of 16 groups with data for 2029.
- Is africa's development dynamics (afdd) table 15 - growth decomposition rising or falling in Resource-rich countries?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is rising.
- Where does this 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.