Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Least developed countries
Least developed countries: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 5.92 Percent per annum in 2028. ▲ Rising
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Least developed countries, 1990–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
In 2028, africa's development dynamics (afdd) table 02 - annual real gdp in Least developed countries stood at 5.92 Percent per annum.
Compared with earlier readings it is down 2.8% on the previous year and up 13.4% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Least developed countries peaked at 7.8 Percent per annum in 2005 and was at its lowest, 0.6297 Percent per annum, in 2020.
That places Least developed countries 3rd out of 28 groups with data for 2028, putting it in the top 10%.
The long-run direction has been consistently rising across the 39 years of available data.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Least developed countries, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 2.77 Percent per annum | — |
| 1991 | 2.73 Percent per annum | -1.3% |
| 1992 | 2.67 Percent per annum | -2.2% |
| 1993 | 3.11 Percent per annum | +16.3% |
| 1994 | 2.98 Percent per annum | -4.3% |
| 1995 | 5.84 Percent per annum | +96.4% |
| 1996 | 5.19 Percent per annum | -11.1% |
| 1997 | 4.26 Percent per annum | -17.9% |
| 1998 | 4.35 Percent per annum | +2.1% |
| 1999 | 4.52 Percent per annum | +3.9% |
| 2000 | 4.95 Percent per annum | +9.4% |
| 2001 | 6.24 Percent per annum | +26.1% |
| 2002 | 4.95 Percent per annum | -20.6% |
| 2003 | 5.61 Percent per annum | +13.2% |
| 2004 | 6.79 Percent per annum | +21.0% |
| 2005 | 7.8 Percent per annum | +14.9% |
| 2006 | 7.06 Percent per annum | -9.4% |
| 2007 | 7.71 Percent per annum | +9.1% |
| 2008 | 6.47 Percent per annum | -16.1% |
| 2009 | 4.21 Percent per annum | -34.9% |
| 2010 | 5.85 Percent per annum | +38.8% |
| 2011 | 4.43 Percent per annum | -24.3% |
| 2012 | 4.49 Percent per annum | +1.5% |
| 2013 | 5.9 Percent per annum | +31.2% |
| 2014 | 5.9 Percent per annum | +0.0% |
| 2015 | 4.56 Percent per annum | -22.7% |
| 2016 | 4.4 Percent per annum | -3.4% |
| 2017 | 5.17 Percent per annum | +17.4% |
| 2018 | 5.22 Percent per annum | +0.8% |
| 2019 | 5.54 Percent per annum | +6.3% |
| 2020 | 0.6297 Percent per annum | -88.6% |
| 2021 | 3.57 Percent per annum | +466.6% |
| 2022 | 4.47 Percent per annum | +25.2% |
| 2023 | 3.77 Percent per annum | -15.7% |
| 2024 | 4.57 Percent per annum | +21.3% |
| 2025 | 5.62 Percent per annum | +22.9% |
| 2026 | 5.87 Percent per annum | +4.6% |
| 2027 | 6.09 Percent per annum | +3.6% |
| 2028 | 5.92 Percent per annum | -2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.84 Percent per annum | 2.67 Percent per annum | 5.84 Percent per annum | 10 |
| 2000s | 6.18 Percent per annum | 4.21 Percent per annum | 7.8 Percent per annum | 10 |
| 2010s | 5.15 Percent per annum | 4.4 Percent per annum | 5.9 Percent per annum | 10 |
| 2020s | 4.5 Percent per annum | 0.6297 Percent per annum | 6.09 Percent per annum | 9 |
Countries ranked near Least developed countries
- 1 Ethiopia 7.01 Percent per annum compare
- 1 Guyana 11.93 Percent per annum compare
- 1 Viet Nam 6.5 Percent per annum compare
- 2 Mozambique 8.46 Percent per annum compare
- 3 Rwanda 7.3 Percent per annum compare
- 4 Bangladesh 7 Percent per annum compare
- 5 Moldova 5 Percent per annum compare
- 5 Uganda 6.99 Percent per annum compare
- 6 Tanzania, United Republic of 6.5 Percent per annum compare
More economy & growth data for Least developed countries
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.64 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 17.54 Percentage of GDP (2028)
- Total FDI inflows — Value US$, 2015 prices 27,444 million USD (2023)
- Total FDI inflows — Value US$ 31,299 million USD (2023)
- Total FDI outflows — Value US$ 1,160 million USD (2023)
- Total FDI outflows — Value US$, 2015 prices 1,053 million USD (2023)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 15.64 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 117,722 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 107.31 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 67.56 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Least developed countries?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Least developed countries was 5.92 Percent per annum in 2028, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Least developed countries?
- The highest recorded value was 7.8 Percent per annum in 2005.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Least developed countries?
- The lowest recorded value was 0.6297 Percent per annum in 2020.
- How does Least developed countries rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Least developed countries ranks 3rd out of 28 groups with data for 2028.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Least developed countries?
- Over the last ten years it is up 13.4%. The long-run trend across the full record is rising.
- Where does this Least developed 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 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. 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 2 shows the full time series of annual real GDP growth, up to present, and including projected real GDP growth rates over the next five years.