Africa's Development Dynamics (AfDD) Table 29 - National wealth in Africa, lower-middle income countries (World Bank)
Africa, lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 29 - National wealth was 3,758 US dollar in 2018. ▲ Rising
Africa's Development Dynamics (AfDD) Table 29 - National wealth in Africa, lower-middle income countries (World Bank), 2000–2018
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
Africa, lower-middle income countries (World Bank) recorded 3,758 US dollar for africa's development dynamics (afdd) table 29 - national wealth in 2018.
The figure is down 2.9% on the previous year and down 12.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 29 - national wealth in Africa, lower-middle income countries (World Bank) peaked at 4,723 US dollar in 2014 and was at its lowest, 2,905 US dollar, in 2000.
That places Africa, lower-middle income countries (World Bank) 16th out of 48 regions with data for 2018, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Africa's Development Dynamics (AfDD) Table 29 - National wealth in Africa, lower-middle income countries (World Bank), year by year
| Year | US dollar | Change |
|---|---|---|
| 2000 | 2,905 US dollar | — |
| 2001 | 2,948 US dollar | +1.5% |
| 2002 | 3,003 US dollar | +1.8% |
| 2003 | 3,138 US dollar | +4.5% |
| 2004 | 3,326 US dollar | +6.0% |
| 2005 | 3,499 US dollar | +5.2% |
| 2006 | 3,713 US dollar | +6.1% |
| 2007 | 4,018 US dollar | +8.2% |
| 2008 | 4,316 US dollar | +7.4% |
| 2009 | 4,389 US dollar | +1.7% |
| 2010 | 4,375 US dollar | -0.3% |
| 2011 | 4,592 US dollar | +5.0% |
| 2012 | 4,720 US dollar | +2.8% |
| 2013 | 4,659 US dollar | -1.3% |
| 2014 | 4,723 US dollar | +1.4% |
| 2015 | 4,516 US dollar | -4.4% |
| 2016 | 4,164 US dollar | -7.8% |
| 2017 | 3,871 US dollar | -7.0% |
| 2018 | 3,758 US dollar | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3,525 US dollar | 2,905 US dollar | 4,389 US dollar | 10 |
| 2010s | 4,375 US dollar | 3,758 US dollar | 4,723 US dollar | 9 |
Countries ranked near Africa, lower-middle income countries (World Bank)
- 13 Kuwait 1,425 US dollar compare
- 14 Canada 1,396 US dollar compare
- 15 Mexico 908.99 US dollar compare
- 15 Ethiopia 196.79 US dollar compare
- 16 Qatar 850.3 US dollar compare
- 17 Madagascar 66.66 US dollar compare
- 17 Nigeria 842.58 US dollar compare
- 18 Equatorial Guinea 51.91 US dollar compare
- 18 Venezuela, Bolivarian Republic of 704.11 US dollar compare
- 19 Algeria 663.16 US dollar compare
- 19 Croatia 35.59 US dollar compare
More reference data data for Africa, lower-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 24.16 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 8.22 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 25.13 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 9.89 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.72 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 1.46 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.9332 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.0244 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 9.32 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 1.87 Percentage of GDP (2021)
All data for Africa, lower-middle income countries (World Bank) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 29 - national wealth in Africa, lower-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 29 - national wealth in Africa, lower-middle income countries (World Bank) was 3,758 US dollar in 2018, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 29 - national wealth recorded in Africa, lower-middle income countries (World Bank)?
- The highest recorded value was 4,723 US dollar in 2014.
- What is the lowest africa's development dynamics (afdd) table 29 - national wealth recorded in Africa, lower-middle income countries (World Bank)?
- The lowest recorded value was 2,905 US dollar in 2000.
- How does Africa, lower-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 29 - national wealth?
- Africa, lower-middle income countries (World Bank) ranks 16th out of 48 regions with data for 2018.
- Is africa's development dynamics (afdd) table 29 - national wealth rising or falling in Africa, lower-middle income countries (World Bank)?
- Over the last ten years it is down 12.9%. The long-run trend across the full record is rising.
- Where does this Africa, lower-middle 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 29 - National wealth — National wealth, natural capital. 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 29 shows estimates of total national wealth, taking into account produced capital, human capital, and natural resources. These estimates were calculated in the World Bank publication The Changing Wealth of Nations 2021.