Gross Domestic Product, GDP in millions constant 2021 international $ in Africa: Low income
Africa: Low income: Gross Domestic Product, GDP in millions constant 2021 international $ was 1.63 million in 2027. ▲ Rising
Gross Domestic Product, GDP in millions constant 2021 international $ in Africa: Low income, 1991–2027
Source: International Labour Organization.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Africa: Low income is 1.63 million, measured in 2027. That is the highest value across all 37 years on record.
The figure is up 6.8% on the previous year and up 50.9% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Africa: Low income peaked at 1.63 million in 2027 and was at its lowest, 360,861, in 1992.
That places Africa: Low income 67th out of 87 groups with data for 2027, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 37 years of available data.
Gross Domestic Product, GDP in millions constant 2021 international $ in Africa: Low income, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 369,509 | — |
| 1992 | 360,861 | -2.3% |
| 1993 | 361,773 | +0.3% |
| 1994 | 361,150 | -0.2% |
| 1995 | 377,621 | +4.6% |
| 1996 | 398,449 | +5.5% |
| 1997 | 427,964 | +7.4% |
| 1998 | 441,547 | +3.2% |
| 1999 | 456,224 | +3.3% |
| 2000 | 470,254 | +3.1% |
| 2001 | 497,255 | +5.7% |
| 2002 | 518,994 | +4.4% |
| 2003 | 545,029 | +5.0% |
| 2004 | 582,680 | +6.9% |
| 2005 | 621,989 | +6.7% |
| 2006 | 663,740 | +6.7% |
| 2007 | 706,179 | +6.4% |
| 2008 | 749,042 | +6.1% |
| 2009 | 766,173 | +2.3% |
| 2010 | 817,186 | +6.7% |
| 2011 | 850,474 | +4.1% |
| 2012 | 849,962 | -0.1% |
| 2013 | 897,523 | +5.6% |
| 2014 | 953,505 | +6.2% |
| 2015 | 996,240 | +4.5% |
| 2016 | 1.04 million | +4.2% |
| 2017 | 1.08 million | +4.2% |
| 2018 | 1.13 million | +4.1% |
| 2019 | 1.18 million | +4.6% |
| 2020 | 1.18 million | +0.5% |
| 2021 | 1.23 million | +4.2% |
| 2022 | 1.29 million | +4.5% |
| 2023 | 1.32 million | +2.5% |
| 2024 | 1.36 million | +2.7% |
| 2025 | 1.43 million | +5.8% |
| 2026 | 1.53 million | +6.5% |
| 2027 | 1.63 million | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 395,011 | 360,861 | 456,224 | 9 |
| 2000s | 612,134 | 470,254 | 766,173 | 10 |
| 2010s | 978,930 | 817,186 | 1.18 million | 10 |
| 2020s | 1.37 million | 1.18 million | 1.63 million | 8 |
Countries ranked near Africa: Low income
More economy & growth data for Africa: Low income
- Gross Domestic Product, GDP in millions constant 2021 international $ 6.82 % change on previous year (2027)
- Output per hour worked, GDP constant 2021 international $ at PPP 3.42 (2027)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Africa: Low income?
- Gross domestic product, gdp in millions constant 2021 international $ in Africa: Low income was 1.63 million in 2027, according to International Labour Organization.
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Africa: Low income?
- The highest recorded value was 1.63 million in 2027.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Africa: Low income?
- The lowest recorded value was 360,861 in 1992.
- How does Africa: Low income rank for gross domestic product, gdp in millions constant 2021 international $?
- Africa: Low income ranks 67th out of 87 groups with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Africa: Low income?
- Over the last ten years it is up 50.9%. The long-run trend across the full record is rising.
- Where does this Africa: Low income data come from?
- The figures come from International Labour Organization, published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Statizoid updates them automatically from the source API.
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About this data
Gross Domestic Product (GDP), Purchasing Power Parity (millions of PPP, constant 2021 international dollars) is a measure to assess the total economic output of a country, adjusted for differences in the purchasing power of the different currencies relative to the US dollar. It is derived from the World Development Indicators of the World Bank. For more information, refer to the ILO Modelled Estimates (ILOEST) database description.