Africa's Development Dynamics (AfDD) Table 29 - National wealth in Africa
Africa: Africa's Development Dynamics (AfDD) Table 29 - National wealth was 5,973 US dollar in 2018. ▲ Rising
Africa's Development Dynamics (AfDD) Table 29 - National wealth in Africa, 2000–2018
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
Africa recorded 5,973 US dollar for africa's development dynamics (afdd) table 29 - national wealth in 2018.
The figure is down 3.8% on the previous year and down 14.1% over ten years.
Over the whole period, africa's development dynamics (afdd) table 29 - national wealth in Africa peaked at 7,508 US dollar in 2012 and was at its lowest, 4,416 US dollar, in 2000.
That places Africa 4th out of 26 groups with data for 2018, putting it in the top quarter.
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, year by year
| Year | US dollar | Change |
|---|---|---|
| 2000 | 4,416 US dollar | — |
| 2001 | 4,450 US dollar | +0.8% |
| 2002 | 4,558 US dollar | +2.4% |
| 2003 | 4,797 US dollar | +5.2% |
| 2004 | 5,132 US dollar | +7.0% |
| 2005 | 5,476 US dollar | +6.7% |
| 2006 | 5,887 US dollar | +7.5% |
| 2007 | 6,378 US dollar | +8.3% |
| 2008 | 6,952 US dollar | +9.0% |
| 2009 | 7,110 US dollar | +2.3% |
| 2010 | 7,171 US dollar | +0.9% |
| 2011 | 7,363 US dollar | +2.7% |
| 2012 | 7,508 US dollar | +2.0% |
| 2013 | 7,337 US dollar | -2.3% |
| 2014 | 7,352 US dollar | +0.2% |
| 2015 | 7,007 US dollar | -4.7% |
| 2016 | 6,609 US dollar | -5.7% |
| 2017 | 6,207 US dollar | -6.1% |
| 2018 | 5,973 US dollar | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5,516 US dollar | 4,416 US dollar | 7,110 US dollar | 10 |
| 2010s | 6,947 US dollar | 5,973 US dollar | 7,508 US dollar | 9 |
Countries ranked near Africa
- 1 OECD 16,143 US dollar compare
- 2 China (People’s Republic of) 9,644 US dollar compare
- 3 United States 5,646 US dollar compare
- 4 Saudi Arabia 5,086 US dollar compare
- 5 Russia 4,732 US dollar compare
- 6 India 3,923 US dollar compare
- 7 Brazil 3,187 US dollar compare
More reference data data for Africa
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 28.23 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 24.36 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 7.21 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 8.88 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.29 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 20 - External financial 2.07 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 1.97 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 0.3237 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 10.63 Percentage of GDP (2021)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 1.43 Percentage of GDP (2021)
Frequently asked questions
- What is africa's development dynamics (afdd) table 29 - national wealth in Africa?
- Africa's development dynamics (afdd) table 29 - national wealth in Africa was 5,973 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?
- The highest recorded value was 7,508 US dollar in 2012.
- What is the lowest africa's development dynamics (afdd) table 29 - national wealth recorded in Africa?
- The lowest recorded value was 4,416 US dollar in 2000.
- How does Africa rank for africa's development dynamics (afdd) table 29 - national wealth?
- Africa ranks 4th out of 26 groups with data for 2018.
- Is africa's development dynamics (afdd) table 29 - national wealth rising or falling in Africa?
- Over the last ten years it is down 14.1%. The long-run trend across the full record is rising.
- Where does this Africa 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.