Africa's Development Dynamics (AfDD) Table 20 - External financial in Africa, low income countries (World Bank)
Africa, low income countries (World Bank): Africa's Development Dynamics (AfDD) Table 20 - External financial was 6.46 Percentage of GDP in 2022. ▼ Falling
Africa's Development Dynamics (AfDD) Table 20 - External financial in Africa, low income countries (World Bank), 2000–2022
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for africa's development dynamics (afdd) table 20 - external financial in Africa, low income countries (World Bank) is 6.46 Percentage of GDP, measured in 2022. That is the lowest value across all 23 years on record.
The figure is down 21.7% on the previous year and down 11.0% over ten years.
Over the whole period, africa's development dynamics (afdd) table 20 - external financial in Africa, low income countries (World Bank) peaked at 13.06 Percentage of GDP in 2003 and was at its lowest, 6.46 Percentage of GDP, in 2022.
Africa, low income countries (World Bank) ranks 6th of 42 regions on this measure, in the top quarter.
The long-run direction has been consistently falling across the 23 years of available data.
Africa's Development Dynamics (AfDD) Table 20 - External financial in Africa, low income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 6.59 Percentage of GDP | — |
| 2001 | 7.79 Percentage of GDP | +18.2% |
| 2002 | 9.5 Percentage of GDP | +21.9% |
| 2003 | 13.06 Percentage of GDP | +37.4% |
| 2004 | 11.52 Percentage of GDP | -11.8% |
| 2005 | 10.56 Percentage of GDP | -8.3% |
| 2006 | 10.03 Percentage of GDP | -5.0% |
| 2007 | 7.8 Percentage of GDP | -22.3% |
| 2008 | 7.69 Percentage of GDP | -1.3% |
| 2009 | 7.57 Percentage of GDP | -1.6% |
| 2010 | 8.99 Percentage of GDP | +18.7% |
| 2011 | 8.39 Percentage of GDP | -6.7% |
| 2012 | 7.25 Percentage of GDP | -13.5% |
| 2013 | 7.33 Percentage of GDP | +1.1% |
| 2014 | 6.51 Percentage of GDP | -11.2% |
| 2015 | 6.61 Percentage of GDP | +1.5% |
| 2016 | 6.95 Percentage of GDP | +5.2% |
| 2017 | 7.52 Percentage of GDP | +8.2% |
| 2018 | 7.15 Percentage of GDP | -4.9% |
| 2019 | 7.15 Percentage of GDP | -0.1% |
| 2020 | 9.29 Percentage of GDP | +29.9% |
| 2021 | 8.24 Percentage of GDP | -11.2% |
| 2022 | 6.46 Percentage of GDP | -21.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.21 Percentage of GDP | 6.59 Percentage of GDP | 13.06 Percentage of GDP | 10 |
| 2010s | 7.39 Percentage of GDP | 6.51 Percentage of GDP | 8.99 Percentage of GDP | 10 |
| 2020s | 8 Percentage of GDP | 6.46 Percentage of GDP | 9.29 Percentage of GDP | 3 |
Countries ranked near Africa, low income countries (World Bank)
- 3 Marshall Islands 54.23 Percentage of GDP compare
- 4 Kiribati 33.57 Percentage of GDP compare
- 5 Central African Republic 27.78 Percentage of GDP compare
- 6 Afghanistan 26.91 Percentage of GDP compare
- 7 South Sudan 25.84 Percentage of GDP compare
- 8 Nauru 23.06 Percentage of GDP compare
- 9 Palau 22.59 Percentage of GDP compare
More reference data data for Africa, low income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 20.96 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.71 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 21.55 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 6.42 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 10.45 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 5.6 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.142 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.79 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.137 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 1.19 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 20 - external financial in Africa, low income countries (World Bank)?
- Africa's development dynamics (afdd) table 20 - external financial in Africa, low income countries (World Bank) was 6.46 Percentage of GDP in 2022, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 20 - external financial recorded in Africa, low income countries (World Bank)?
- The highest recorded value was 13.06 Percentage of GDP in 2003.
- What is the lowest africa's development dynamics (afdd) table 20 - external financial recorded in Africa, low income countries (World Bank)?
- The lowest recorded value was 6.46 Percentage of GDP in 2022.
- How does Africa, low income countries (World Bank) rank for africa's development dynamics (afdd) table 20 - external financial?
- Africa, low income countries (World Bank) ranks 6th out of 42 regions with data for 2022.
- Is africa's development dynamics (afdd) table 20 - external financial rising or falling in Africa, low income countries (World Bank)?
- Over the last ten years it is down 11.0%. The long-run trend across the full record is falling.
- Where does this Africa, low income countries (World Bank) data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 20 - External financial inflows — Net Official Development Assistance (ODA) inflows. 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 20 shows indicators of external financial flows in US dollars and as a percentage of GDP, including foreign direct investment, portfolio investment, net official development assistance, and remittances.