Africa's Development Dynamics (AfDD) Table 22 - Returns on direct investments — Return on outward 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...

Countries reporting
29
Highest
27.31 Percent per annum
Guinea-Bissau
Lowest
-3.33 Percent per annum
Kenya
Median
2.27 Percent per annum
Years covered
22
2001–2022
Data points
603

What the numbers show

Africa's Development Dynamics (AfDD) Table 22 - Returns on direct investments — Return on outward direct investment is currently reported for 29 countries. The highest value is 27.31 Percent per annum in Guinea-Bissau; the lowest is -3.33 Percent per annum in Kenya.

The median across all reporting countries is 2.27 Percent per annum, and the mean is 4.64 Percent per annum.

The gap between the highest and lowest reporting country is a factor of about 8.

Over the past decade 11 countries rose and 14 fell. The largest increase was in Guinea-Bissau (up 20,881.2%), and the largest decrease in Botswana (down 270.2%).

Africa's Development Dynamics (AfDD) Table 22 - Returns on direct: full country ranking

#Country LatestYear 10-year changeTrend
1 Guinea-Bissau 27.31 Percent per annum 2021 up 20,881.2% volatile
2 Senegal 19.76 Percent per annum 2021 down 56.5% volatile
3 Mozambique, Republic of 16.56 Percent per annum 2022 up 516.6% volatile
4 Burkina Faso 13.24 Percent per annum 2021 up 33.0% volatile
5 Mali 9.97 Percent per annum 2021 down 51.7% volatile
6 Côte d’Ivoire 8.31 Percent per annum 2021 up 49.7% volatile
7 Morocco 6.18 Percent per annum 2022 down 21.6% rising
8 Algeria 5.21 Percent per annum 2022 down 50.5% volatile
9 OECD 5.21 Percent per annum 2022 down 4.8% falling
10 Tunisia 5.17 Percent per annum 2022 up 185.3% volatile
11 Togo 4.15 Percent per annum 2020 down 77.1% volatile
12 Nigeria 3.42 Percent per annum 2022 up 35.9% rising
13 Niger 2.57 Percent per annum 2021 down 33.7% volatile
14 South Africa 2.42 Percent per annum 2022 up 70.9% falling
15 Egypt, Arab Republic of 2.27 Percent per annum 2022 up 141.8% volatile
16 Benin 1.88 Percent per annum 2021 down 97.9% volatile
17 Mauritius 1.32 Percent per annum 2022 up 384.4% rising
18 Namibia 0.8665 Percent per annum 2022 down 80.7% volatile
19 Burundi 0.7783 Percent per annum 2018 volatile
20 Seychelles 0.6939 Percent per annum 2022 down 28.3% volatile
21 Angola 0.3869 Percent per annum 2022 volatile
22 Uganda 0.2003 Percent per annum 2021 up 101.1% volatile
23 Cameroon 0.1253 Percent per annum 2021 down 98.2% volatile
24 Zambia 0.0144 Percent per annum 2022 down 99.6% volatile
25 São Tomé and Príncipe, Democratic Republic of 0 Percent per annum 2022 volatile
25 Rwanda 0 Percent per annum 2022 volatile
25 Malawi 0 Percent per annum 2021 up 100.0% volatile
28 Botswana -0.1367 Percent per annum 2022 down 270.2% volatile
29 Kenya -3.33 Percent per annum 2021 down 108.2% volatile

Regions and income groups

Aggregates are excluded from the country ranking above so that a region can never outrank a country.

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Africa's Development Dynamics (AfDD) Table 22 - Returns on direct by country. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 19 August 2026, from https://economy.statizoid.com/stat/africa-s-development-dynamics-afdd-table-22-returns-on-direct-investments-return-on/

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About this data

Indicator
Africa's Development Dynamics (AfDD) Table 22 - Returns on direct investments — Return on outward direct investment
Unit
Percent per annum
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
39 places, 603 data points, 2001–2022
Last refreshed

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.