Annual growth of households and NPISHs final consumption expenditure in Middle Africa
Middle Africa: Annual growth of households and NPISHs final consumption expenditure was 3.7% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Middle Africa, 2003–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Middle Africa stood at 3.7%.
Compared with earlier readings it is down 54.6% on the previous year and down 53.9% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Middle Africa peaked at 9.5% in 2003 and was at its lowest, -2.5%, in 2015.
That places Middle Africa 14th out of 35 groups with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Middle Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2003 | 9.5% | — |
| 2004 | 3.2% | -66.6% |
| 2005 | 9.0% | +182.8% |
| 2006 | 4.7% | -47.6% |
| 2007 | 5.9% | +25.4% |
| 2008 | 6.1% | +3.8% |
| 2009 | 7.3% | +18.8% |
| 2010 | 4.3% | -41.2% |
| 2011 | 5.9% | +39.1% |
| 2012 | 6.4% | +7.7% |
| 2013 | 5.3% | -17.4% |
| 2014 | 8.1% | +52.8% |
| 2015 | -2.5% | -131.4% |
| 2016 | 1.6% | -164.6% |
| 2017 | 8.7% | +432.5% |
| 2018 | 4.8% | -44.6% |
| 2019 | -2.5% | -151.3% |
| 2020 | 4.4% | -278.4% |
| 2021 | 8.2% | +86.7% |
| 2022 | 7.4% | -10.8% |
| 2023 | 8.2% | +11.5% |
| 2024 | 3.7% | -54.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.5% | 3.2% | 9.5% | 7 |
| 2010s | 4.0% | -2.5% | 8.7% | 10 |
| 2020s | 6.4% | 3.7% | 8.2% | 5 |
Countries ranked near Middle Africa
- 11 Ethiopia 10.1% compare
- 12 Burkina Faso 9.5% compare
- 13 Georgia 9.5% compare
- 14 Cabo Verde 9.1% compare
- 15 Tajikistan 9.0% compare
- 16 Lesotho 9.0% compare
- 17 Somalia 8.8% compare
More economy & growth data for Middle Africa
- Gross Domestic Product — Annual growth US$, 2015 prices 4.45 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 8.92 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 44.6 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 20.09 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 122,785 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 57,522 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.12 % (2024)
- Gross Domestic Product — Value US$ per capita 1,345 USD (2024)
- Gross Domestic Product — Value US$ 286,309 million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 275,284 million USD (2024)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Middle Africa?
- Annual growth of households and npishs final consumption expenditure in Middle Africa was 3.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Middle Africa?
- The highest recorded value was 9.5% in 2003.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Middle Africa?
- The lowest recorded value was -2.5% in 2015.
- How does Middle Africa rank for annual growth of households and npishs final consumption expenditure?
- Middle Africa ranks 14th out of 35 groups with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Middle Africa?
- Over the last ten years it is down 53.9%. The long-run trend across the full record is volatile.
- Where does this Middle Africa data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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