Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Africa, lower-middle income countries (World Bank)
Africa, lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP was 2.23 Percent per annum in 2028. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Africa, lower-middle income countries (World Bank), 1990–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
Africa, lower-middle income countries (World Bank) recorded 2.23 Percent per annum for africa's development dynamics (afdd) table 04 - annual real gdp in 2028.
Compared with earlier readings it is up 7.6% on the previous year and up 98.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in Africa, lower-middle income countries (World Bank) peaked at 4.04 Percent per annum in 2010 and was at its lowest, -2.98 Percent per annum, in 2020.
That places Africa, lower-middle income countries (World Bank) 31st out of 46 regions with data for 2028, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Africa, lower-middle income countries (World Bank), year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1990 | -0.7191 Percent per annum | — |
| 1991 | -1.17 Percent per annum | +62.4% |
| 1992 | -1.17 Percent per annum | +0.5% |
| 1993 | -1.38 Percent per annum | +17.7% |
| 1994 | -0.1522 Percent per annum | -89.0% |
| 1995 | 0.7304 Percent per annum | -579.8% |
| 1996 | 3.14 Percent per annum | +329.6% |
| 1997 | 1.01 Percent per annum | -67.7% |
| 1998 | 2.87 Percent per annum | +183.7% |
| 1999 | 0.9658 Percent per annum | -66.4% |
| 2000 | 1.51 Percent per annum | +56.8% |
| 2001 | 1.77 Percent per annum | +17.2% |
| 2002 | 3.39 Percent per annum | +91.0% |
| 2003 | 2.77 Percent per annum | -18.2% |
| 2004 | 3.43 Percent per annum | +23.7% |
| 2005 | 2.99 Percent per annum | -12.8% |
| 2006 | 3.41 Percent per annum | +14.0% |
| 2007 | 3.42 Percent per annum | +0.4% |
| 2008 | 3.17 Percent per annum | -7.3% |
| 2009 | 2.1 Percent per annum | -33.9% |
| 2010 | 4.04 Percent per annum | +92.5% |
| 2011 | 1.16 Percent per annum | -71.3% |
| 2012 | 1.53 Percent per annum | +32.1% |
| 2013 | 1.69 Percent per annum | +10.4% |
| 2014 | 1.92 Percent per annum | +13.6% |
| 2015 | 1.05 Percent per annum | -45.5% |
| 2016 | -0.2147 Percent per annum | -120.5% |
| 2017 | 0.6951 Percent per annum | -423.7% |
| 2018 | 1.12 Percent per annum | +61.1% |
| 2019 | 1.16 Percent per annum | +3.9% |
| 2020 | -2.98 Percent per annum | -355.8% |
| 2021 | 2.03 Percent per annum | -168.1% |
| 2022 | 2.24 Percent per annum | +10.4% |
| 2023 | 1.37 Percent per annum | -38.9% |
| 2024 | 1.41 Percent per annum | +3.3% |
| 2025 | 1.86 Percent per annum | +31.8% |
| 2026 | 1.89 Percent per annum | +1.6% |
| 2027 | 2.07 Percent per annum | +9.4% |
| 2028 | 2.23 Percent per annum | +7.6% |
Biggest year-on-year movements
Years where Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Africa, lower-middle income countries (World Bank) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +579.8% | -0.1522 Percent per annum | 0.7304 Percent per annum |
| 2017 | +423.7% | -0.2147 Percent per annum | 0.6951 Percent per annum |
| 2020 | -355.8% | 1.16 Percent per annum | -2.98 Percent per annum |
| 1996 | +329.6% | 0.7304 Percent per annum | 3.14 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4125 Percent per annum | -1.38 Percent per annum | 3.14 Percent per annum | 10 |
| 2000s | 2.8 Percent per annum | 1.51 Percent per annum | 3.43 Percent per annum | 10 |
| 2010s | 1.41 Percent per annum | -0.2147 Percent per annum | 4.04 Percent per annum | 10 |
| 2020s | 1.35 Percent per annum | -2.98 Percent per annum | 2.24 Percent per annum | 9 |
Countries ranked near Africa, lower-middle income countries (World Bank)
- 28 North Macedonia 3.63 Percent per annum compare
- 28 Mauritania -0.3933 Percent per annum compare
- 29 Hungary 3.53 Percent per annum compare
- 30 Côte d’Ivoire 3.51 Percent per annum compare
- 31 Bulgaria 3.48 Percent per annum compare
- 32 Bosnia and Herzegovina 3.47 Percent per annum compare
- 33 China 3.46 Percent per annum compare
- 34 Benin 3.42 Percent per annum compare
More economy & growth data for Africa, lower-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.34 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 23.16 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 15.25 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 154,794 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 141.06 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 62.2 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 106.45 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 4.09 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 10.37 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.1385 Percentage of GDP (2019)
All data for Africa, lower-middle income countries (World Bank) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in Africa, lower-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 04 - annual real gdp in Africa, lower-middle income countries (World Bank) was 2.23 Percent per annum in 2028, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Africa, lower-middle income countries (World Bank)?
- The highest recorded value was 4.04 Percent per annum in 2010.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Africa, lower-middle income countries (World Bank)?
- The lowest recorded value was -2.98 Percent per annum in 2020.
- How does Africa, lower-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- Africa, lower-middle income countries (World Bank) ranks 31st out of 46 regions with data for 2028.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in Africa, lower-middle income countries (World Bank)?
- Over the last ten years it is up 98.9%. The long-run trend across the full record is volatile.
- 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 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. 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 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.