Africa's Development Dynamics (AfDD) Table 21 - Investment and in West Africa (African Union)
West Africa (African Union): Africa's Development Dynamics (AfDD) Table 21 - Investment and was 1.95 Percentage of GDP in 2019. ▼ Falling
Africa's Development Dynamics (AfDD) Table 21 - Investment and in West Africa (African Union), 2000–2019
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
West Africa (African Union) recorded 1.95 Percentage of GDP for africa's development dynamics (afdd) table 21 - investment and in 2019. That is the lowest value across all 20 years on record.
That represents a change of down 8.2% on the previous year and down 27.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 21 - investment and in West Africa (African Union) peaked at 7.34 Percentage of GDP in 2000 and was at its lowest, 1.95 Percentage of GDP, in 2019.
West Africa (African Union) ranks 39th of 40 regions on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Africa's Development Dynamics (AfDD) Table 21 - Investment and in West Africa (African Union), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 7.34 Percentage of GDP | — |
| 2001 | 7.2 Percentage of GDP | -1.9% |
| 2002 | 3.53 Percentage of GDP | -51.0% |
| 2003 | 4.39 Percentage of GDP | +24.3% |
| 2004 | 3.32 Percentage of GDP | -24.3% |
| 2005 | 2.35 Percentage of GDP | -29.2% |
| 2006 | 3.63 Percentage of GDP | +54.4% |
| 2007 | 3.25 Percentage of GDP | -10.4% |
| 2008 | 2.81 Percentage of GDP | -13.7% |
| 2009 | 2.68 Percentage of GDP | -4.5% |
| 2010 | 2.69 Percentage of GDP | +0.6% |
| 2011 | 2.1 Percentage of GDP | -22.1% |
| 2012 | 2.24 Percentage of GDP | +6.6% |
| 2013 | 2.33 Percentage of GDP | +4.3% |
| 2014 | 2.22 Percentage of GDP | -4.8% |
| 2015 | 2.2 Percentage of GDP | -0.7% |
| 2016 | 2.16 Percentage of GDP | -2.1% |
| 2017 | 2.57 Percentage of GDP | +19.3% |
| 2018 | 2.12 Percentage of GDP | -17.6% |
| 2019 | 1.95 Percentage of GDP | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.05 Percentage of GDP | 2.35 Percentage of GDP | 7.34 Percentage of GDP | 10 |
| 2010s | 2.26 Percentage of GDP | 1.95 Percentage of GDP | 2.69 Percentage of GDP | 10 |
Countries ranked near West Africa (African Union)
- 36 Norway 6.02 Percentage of GDP compare
- 37 Belize 5.98 Percentage of GDP compare
- 38 Democratic Republic of the Congo 2.27 Percentage of GDP compare
- 38 Georgia 5.95 Percentage of GDP compare
- 39 Mozambique 5.95 Percentage of GDP compare
- 40 Hungary 5.85 Percentage of GDP compare
- 40 Syrian Arab Republic 1.87 Percentage of GDP compare
- 41 Kenya 5.52 Percentage of GDP compare
- 42 Gambia 5.34 Percentage of GDP compare
More economy & growth data for West Africa (African Union)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.2 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 19.09 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.77 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 56,031 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 155.9 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 50.16 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 97.39 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 9.64 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.148 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 21 - investment and in West Africa (African Union)?
- Africa's development dynamics (afdd) table 21 - investment and in West Africa (African Union) was 1.95 Percentage of GDP in 2019, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 21 - investment and recorded in West Africa (African Union)?
- The highest recorded value was 7.34 Percentage of GDP in 2000.
- What is the lowest africa's development dynamics (afdd) table 21 - investment and recorded in West Africa (African Union)?
- The lowest recorded value was 1.95 Percentage of GDP in 2019.
- How does West Africa (African Union) rank for africa's development dynamics (afdd) table 21 - investment and?
- West Africa (African Union) ranks 39th out of 40 regions with data for 2019.
- Is africa's development dynamics (afdd) table 21 - investment and rising or falling in West Africa (African Union)?
- Over the last ten years it is down 27.3%. The long-run trend across the full record is falling.
- Where does this West Africa (African Union) data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 21 - Investment and capital stock — General government investment (gross fixed capital formation). 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 21 shows indicators of investment flows and capital stocks, in US dollars and as a percentage of GDP, including general government investment, public-private partnerships, and private investment.