Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Resource-rich countries
Resource-rich countries: Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP was 2.41 Percent per annum in 2028. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Resource-rich countries, 1990–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 02 - annual real gdp in Resource-rich countries is 2.41 Percent per annum, measured in 2028.
That represents a change of down 9.9% on the previous year and up 48.7% over ten years.
Over the whole period, africa's development dynamics (afdd) table 02 - annual real gdp in Resource-rich countries peaked at 9.7 Percent per annum in 2003 and was at its lowest, -4.2 Percent per annum, in 1994.
Resource-rich countries ranks 25th of 28 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP in Resource-rich countries, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | 9.68 Percent per annum | — |
| 1991 | 9.39 Percent per annum | -3.0% |
| 1992 | -2.81 Percent per annum | -130.0% |
| 1993 | -3.35 Percent per annum | +19.0% |
| 1994 | -4.2 Percent per annum | +25.4% |
| 1995 | -0.4341 Percent per annum | -89.7% |
| 1996 | 1.25 Percent per annum | -388.8% |
| 1997 | 2.64 Percent per annum | +110.2% |
| 1998 | 0.2648 Percent per annum | -90.0% |
| 1999 | 2.49 Percent per annum | +840.3% |
| 2000 | 7.09 Percent per annum | +184.9% |
| 2001 | 3.15 Percent per annum | -55.6% |
| 2002 | 3.15 Percent per annum | -0.2% |
| 2003 | 9.7 Percent per annum | +208.0% |
| 2004 | 9.45 Percent per annum | -2.5% |
| 2005 | 6.21 Percent per annum | -34.3% |
| 2006 | 7.09 Percent per annum | +14.2% |
| 2007 | 6.84 Percent per annum | -3.6% |
| 2008 | 4.89 Percent per annum | -28.5% |
| 2009 | -2.28 Percent per annum | -146.6% |
| 2010 | 5.01 Percent per annum | -319.7% |
| 2011 | 4.97 Percent per annum | -0.9% |
| 2012 | 5.23 Percent per annum | +5.3% |
| 2013 | 2.4 Percent per annum | -54.1% |
| 2014 | 2.2 Percent per annum | -8.4% |
| 2015 | 0.4622 Percent per annum | -79.0% |
| 2016 | 1.79 Percent per annum | +286.3% |
| 2017 | 1.23 Percent per annum | -31.0% |
| 2018 | 1.62 Percent per annum | +31.6% |
| 2019 | 0.6978 Percent per annum | -56.9% |
| 2020 | -3.55 Percent per annum | -609.1% |
| 2021 | 5.01 Percent per annum | -240.9% |
| 2022 | 3.04 Percent per annum | -39.2% |
| 2023 | 2.74 Percent per annum | -10.0% |
| 2024 | 2.99 Percent per annum | +9.2% |
| 2025 | 3.39 Percent per annum | +13.2% |
| 2026 | 2.7 Percent per annum | -20.3% |
| 2027 | 2.67 Percent per annum | -1.1% |
| 2028 | 2.41 Percent per annum | -9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.49 Percent per annum | -4.2 Percent per annum | 9.68 Percent per annum | 10 |
| 2000s | 5.53 Percent per annum | -2.28 Percent per annum | 9.7 Percent per annum | 10 |
| 2010s | 2.56 Percent per annum | 0.4622 Percent per annum | 5.23 Percent per annum | 10 |
| 2020s | 2.38 Percent per annum | -3.55 Percent per annum | 5.01 Percent per annum | 9 |
Countries ranked near Resource-rich countries
- 22 Croatia 2.6 Percent per annum compare
- 22 Democratic Republic of the Congo 4.08 Percent per annum compare
- 22 Nepal 5.25 Percent per annum compare
- 23 Mongolia 5.17 Percent per annum compare
- 24 Bhutan 5.11 Percent per annum compare
- 25 Indonesia 5.07 Percent per annum compare
- 26 Türkiye 3.48 Percent per annum compare
- 26 Dominican Republic 5.04 Percent per annum compare
- 26 Mauritania 2.17 Percent per annum compare
- 27 Gambia 5.02 Percent per annum compare
- 27 Lesotho 2.08 Percent per annum compare
- 27 Syrian Arab Republic 3.44 Percent per annum compare
- 28 Burundi 5.01 Percent per annum compare
More economy & growth data for Resource-rich countries
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.32 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 30.37 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.84 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 731,764 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 100.56 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 112.54 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 173.91 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 5.3 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 13.36 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 0.0187 Percentage of GDP (2028)
Frequently asked questions
- What is africa's development dynamics (afdd) table 02 - annual real gdp in Resource-rich countries?
- Africa's development dynamics (afdd) table 02 - annual real gdp in Resource-rich countries was 2.41 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 Resource-rich countries?
- The highest recorded value was 9.7 Percent per annum in 2003.
- What is the lowest africa's development dynamics (afdd) table 02 - annual real gdp recorded in Resource-rich countries?
- The lowest recorded value was -4.2 Percent per annum in 1994.
- How does Resource-rich countries rank for africa's development dynamics (afdd) table 02 - annual real gdp?
- Resource-rich countries ranks 25th out of 28 groups with data for 2028.
- Is africa's development dynamics (afdd) table 02 - annual real gdp rising or falling in Resource-rich countries?
- Over the last ten years it is up 48.7%. The long-run trend across the full record is volatile.
- Where does this Resource-rich 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.