Africa's Development Dynamics (AfDD) Table 22 - Returns on direct investments — Return on inward direct investment by country
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...
What the numbers show
Africa's Development Dynamics (AfDD) Table 22 - Returns on direct investments — Return on inward direct investment is currently reported for 41 countries. The highest value is 44.01 Percent per annum in Eswatini; the lowest is 0 Percent per annum in Sao Tome and Principe.
The median across all reporting countries is 5.98 Percent per annum, and the mean is 8.56 Percent per annum.
Over the past decade 15 countries rose and 26 fell. The largest increase was in Guinea (up 37,517.6%), and the largest decrease in Sao Tome and Principe (down 100.0%).
Africa's Development: Returns on direct investments Return … inward: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Eswatini | 44.01 Percent per annum | 2022 | up 17.1% | rising |
| 1 | Angola | 33.49 Percent per annum | 2022 | up 46.5% | volatile |
| 2 | Algeria | 29.5 Percent per annum | 2022 | down 12.0% | falling |
| 2 | Lesotho | 9.88 Percent per annum | 2022 | down 97.6% | volatile |
| 3 | Ghana | 27.83 Percent per annum | 2022 | up 87.6% | volatile |
| 3 | Madagascar | 7.61 Percent per annum | 2022 | up 13.2% | volatile |
| 4 | Burkina Faso | 25.69 Percent per annum | 2021 | up 120.7% | rising |
| 5 | Mali | 14.41 Percent per annum | 2021 | down 31.2% | volatile |
| 6 | Nigeria | 14.16 Percent per annum | 2022 | down 43.5% | volatile |
| 7 | Côte d’Ivoire | 12.6 Percent per annum | 2021 | up 30.1% | rising |
| 8 | Botswana | 12.41 Percent per annum | 2022 | up 258.4% | volatile |
| 9 | Zambia | 8.65 Percent per annum | 2022 | up 332.0% | volatile |
| 10 | Liberia | 8.39 Percent per annum | 2022 | down 98.8% | volatile |
| 11 | Egypt | 8.17 Percent per annum | 2022 | up 8.9% | rising |
| 11 | Cabo Verde | 0.6551 Percent per annum | 2022 | down 69.5% | volatile |
| 12 | Sierra Leone | 8.13 Percent per annum | 2017 | down 64.4% | volatile |
| 13 | Namibia | 6.96 Percent per annum | 2022 | down 64.1% | volatile |
| 14 | Cameroon | 6.86 Percent per annum | 2021 | down 51.5% | falling |
| 15 | Malawi | 6.6 Percent per annum | 2021 | down 56.0% | falling |
| 16 | Senegal | 6.37 Percent per annum | 2021 | down 44.4% | volatile |
| 17 | Togo | 6.26 Percent per annum | 2020 | down 42.7% | volatile |
| 17 | Democratic Republic of the Congo | 1.14 Percent per annum | 2020 | up 47.6% | rising |
| 18 | Guinea-Bissau | 5.98 Percent per annum | 2021 | down 72.9% | volatile |
| 19 | Djibouti | 5.41 Percent per annum | 2022 | up 244.2% | rising |
| 20 | Kenya | 4.87 Percent per annum | 2021 | up 12.8% | volatile |
| 21 | Rwanda | 4.02 Percent per annum | 2022 | down 65.9% | volatile |
| 22 | OECD | 3.94 Percent per annum | 2022 | down 14.6% | falling |
| 23 | South Africa | 3.92 Percent per annum | 2022 | down 25.6% | falling |
| 24 | Tanzania | 3.59 Percent per annum | 2020 | down 51.6% | falling |
| 25 | Benin | 3.07 Percent per annum | 2021 | down 63.5% | volatile |
| 26 | Guinea | 2.94 Percent per annum | 2019 | up 37,517.6% | volatile |
| 27 | Tunisia | 2.77 Percent per annum | 2022 | down 42.1% | falling |
| 28 | Morocco | 2.42 Percent per annum | 2022 | down 47.9% | falling |
| 29 | Niger | 1.87 Percent per annum | 2021 | down 55.1% | volatile |
| 30 | Uganda | 1.85 Percent per annum | 2021 | down 57.5% | volatile |
| 31 | Mozambique | 1.36 Percent per annum | 2022 | up 227.0% | volatile |
| 32 | Seychelles | 1.34 Percent per annum | 2022 | down 36.5% | volatile |
| 33 | Mauritius | 0.9125 Percent per annum | 2022 | up 160.0% | rising |
| 34 | Burundi | 0.7456 Percent per annum | 2018 | down 98.5% | volatile |
| 35 | Sudan | 0.0043 Percent per annum | 2021 | down 100.0% | volatile |
| 36 | Sao Tome and Principe | 0 Percent per annum | 2022 | down 100.0% | volatile |
Regions and income groups
Aggregates are excluded from the country ranking above so that a region can never outrank a country.
- Portuguese-speaking African countries (PALOP) 9.04 Percent per annum
- World outside Africa, least developed countries 8.53 Percent per annum
- Africa, lower-middle income countries (World Bank) 8.24 Percent per annum
- MERCOSUR 7.99 Percent per annum
- Economic Community of West African States (ECOWAS) 7.55 Percent per annum
- West Africa (African Union) 7.55 Percent per annum
- Latin America and the Caribbean 6.91 Percent per annum
- World outside Africa, landlocked developing countries 7.2 Percent per annum
- Least Developed Countries 6.49 Percent per annum
- Africa, fragile states 6.92 Percent per annum
- Southern Africa (African Union) 5.98 Percent per annum
- World outside Africa, lower-middle income countries (World Bank) 6.49 Percent per annum
- Africa 5.11 Percent per annum
- Lower-middle income countries (World Bank) 5.86 Percent per annum
- Common Market for Eastern and Southern Africa (COMESA) 2.7 Percent per annum
- Africa, least developed countries 5.51 Percent per annum
- Southern African Development Community (SADC) 2.16 Percent per annum
- European Union (27 countries) 4.57 Percent per annum
- East African Community 4.38 Percent per annum
- High income countries 3.97 Percent per annum
- High income countries (excluding Latin American and Caribbean countries) 3.93 Percent per annum
- Africa, non-resource-rich countries 3.12 Percent per annum
- Africa, small island developing states 1.57 Percent per annum
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 22 shows indicators of returns on direct investments, as a percentage of GDP and in US dollars. Includes investment liabilities, debit, assets, and credit, and returns on inward and outward flows of investments.