Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Lower-middle income countries (World Bank)
Lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 5.61 Percent per annum in 2028. ▲ Rising
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Lower-middle income countries (World Bank), 1990–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
Lower-middle income countries (World Bank) recorded 5.61 Percent per annum for africa's development dynamics (afdd) table 02 - annual real gdp in 2028.
Compared with earlier readings it is up 0.3% on the previous year and up 9.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Lower-middle income countries (World Bank) peaked at 7.13 Percent per annum in 2007 and was at its lowest, -2.9 Percent per annum, in 2020.
That places Lower-middle income countries (World Bank) 10th out of 46 regions with data for 2028, putting it in the top quarter.
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 Lower-middle income countries (World Bank), year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 5.38 Percent per annum | — |
| 1991 | 3.68 Percent per annum | -31.7% |
| 1992 | 2.48 Percent per annum | -32.5% |
| 1993 | 1.32 Percent per annum | -46.8% |
| 1994 | 2.36 Percent per annum | +78.9% |
| 1995 | 4.36 Percent per annum | +84.3% |
| 1996 | 5.89 Percent per annum | +35.2% |
| 1997 | 3.47 Percent per annum | -41.0% |
| 1998 | 4.44 Percent per annum | +27.8% |
| 1999 | 5.22 Percent per annum | +17.5% |
| 2000 | 4.45 Percent per annum | -14.7% |
| 2001 | 4.38 Percent per annum | -1.8% |
| 2002 | 4.92 Percent per annum | +12.5% |
| 2003 | 6.82 Percent per annum | +38.4% |
| 2004 | 6.95 Percent per annum | +1.9% |
| 2005 | 6.36 Percent per annum | -8.4% |
| 2006 | 6.79 Percent per annum | +6.6% |
| 2007 | 7.13 Percent per annum | +5.0% |
| 2008 | 3.98 Percent per annum | -44.2% |
| 2009 | 4.64 Percent per annum | +16.6% |
| 2010 | 6.87 Percent per annum | +48.2% |
| 2011 | 4.6 Percent per annum | -33.1% |
| 2012 | 4.23 Percent per annum | -8.1% |
| 2013 | 4.85 Percent per annum | +14.8% |
| 2014 | 5.7 Percent per annum | +17.5% |
| 2015 | 5.25 Percent per annum | -7.9% |
| 2016 | 6.12 Percent per annum | +16.5% |
| 2017 | 5.38 Percent per annum | -12.1% |
| 2018 | 5.12 Percent per annum | -4.8% |
| 2019 | 3.73 Percent per annum | -27.1% |
| 2020 | -2.9 Percent per annum | -177.8% |
| 2021 | 6.67 Percent per annum | -329.6% |
| 2022 | 5.29 Percent per annum | -20.7% |
| 2023 | 5.71 Percent per annum | +7.9% |
| 2024 | 5.32 Percent per annum | -6.8% |
| 2025 | 5.48 Percent per annum | +3.1% |
| 2026 | 5.54 Percent per annum | +1.0% |
| 2027 | 5.6 Percent per annum | +1.0% |
| 2028 | 5.61 Percent per annum | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.86 Percent per annum | 1.32 Percent per annum | 5.89 Percent per annum | 10 |
| 2000s | 5.64 Percent per annum | 3.98 Percent per annum | 7.13 Percent per annum | 10 |
| 2010s | 5.19 Percent per annum | 3.73 Percent per annum | 6.87 Percent per annum | 10 |
| 2020s | 4.7 Percent per annum | -2.9 Percent per annum | 6.67 Percent per annum | 9 |
Countries ranked near Lower-middle income countries (World Bank)
- 7 India 6.5 Percent per annum compare
- 7 Cabo Verde 4.51 Percent per annum compare
- 8 Madagascar 4.5 Percent per annum compare
- 8 Philippines 6.4 Percent per annum compare
- 9 Liberia 6.15 Percent per annum compare
- 10 Benin 6.03 Percent per annum compare
- 11 Côte d’Ivoire 6 Percent per annum compare
- 12 Niger 5.97 Percent per annum compare
- 13 South Sudan 5.77 Percent per annum compare
More economy & growth data for Lower-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.35 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.44 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.93 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 834,770 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 99.48 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 56.17 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 136.21 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 4.4 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 15.19 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.2525 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Lower-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Lower-middle income countries (World Bank) was 5.61 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 Lower-middle income countries (World Bank)?
- The highest recorded value was 7.13 Percent per annum in 2007.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Lower-middle income countries (World Bank)?
- The lowest recorded value was -2.9 Percent per annum in 2020.
- How does Lower-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Lower-middle income countries (World Bank) ranks 10th out of 46 regions with data for 2028.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Lower-middle income countries (World Bank)?
- Over the last ten years it is up 9.6%. The long-run trend across the full record is rising.
- Where does this 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 02 - Annual real GDP growth rate — Growth rate of real gross domestic product. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under OECD Terms and Conditions (attribution required).
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.