Gross Domestic Product — Value US$, 2015 prices in Western Africa
Western Africa: Gross Domestic Product — Value US$, 2015 prices was 884,444 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Western Africa, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Western Africa is 884,444 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 4.3% on the previous year and up 32.4% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Western Africa peaked at 884,444 million USD in 2024 and was at its lowest, 128,724 million USD, in 1970.
Western Africa ranks 23rd of 29 groups on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Western Africa, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 128,724 million USD | — |
| 1971 | 143,217 million USD | +11.3% |
| 1972 | 151,415 million USD | +5.7% |
| 1973 | 158,368 million USD | +4.6% |
| 1974 | 173,112 million USD | +9.3% |
| 1975 | 173,995 million USD | +0.5% |
| 1976 | 185,204 million USD | +6.4% |
| 1977 | 197,709 million USD | +6.8% |
| 1978 | 196,478 million USD | -0.6% |
| 1979 | 194,092 million USD | -1.2% |
| 1980 | 195,184 million USD | +0.6% |
| 1981 | 194,353 million USD | -0.4% |
| 1982 | 185,234 million USD | -4.7% |
| 1983 | 169,502 million USD | -8.5% |
| 1984 | 168,107 million USD | -0.8% |
| 1985 | 177,547 million USD | +5.6% |
| 1986 | 179,635 million USD | +1.2% |
| 1987 | 184,516 million USD | +2.7% |
| 1988 | 196,088 million USD | +6.3% |
| 1989 | 201,681 million USD | +2.9% |
| 1990 | 218,238 million USD | +8.2% |
| 1991 | 219,889 million USD | +0.8% |
| 1992 | 227,392 million USD | +3.4% |
| 1993 | 224,900 million USD | -1.1% |
| 1994 | 224,025 million USD | -0.4% |
| 1995 | 227,403 million USD | +1.5% |
| 1996 | 238,128 million USD | +4.7% |
| 1997 | 246,261 million USD | +3.4% |
| 1998 | 254,823 million USD | +3.5% |
| 1999 | 260,058 million USD | +2.1% |
| 2000 | 270,400 million USD | +4.0% |
| 2001 | 284,748 million USD | +5.3% |
| 2002 | 317,106 million USD | +11.4% |
| 2003 | 336,768 million USD | +6.2% |
| 2004 | 361,769 million USD | +7.4% |
| 2005 | 383,503 million USD | +6.0% |
| 2006 | 405,423 million USD | +5.7% |
| 2007 | 429,474 million USD | +5.9% |
| 2008 | 457,351 million USD | +6.5% |
| 2009 | 488,721 million USD | +6.9% |
| 2010 | 532,217 million USD | +8.9% |
| 2011 | 560,112 million USD | +5.2% |
| 2012 | 591,350 million USD | +5.6% |
| 2013 | 627,669 million USD | +6.1% |
| 2014 | 667,933 million USD | +6.4% |
| 2015 | 691,658 million USD | +3.6% |
| 2016 | 694,918 million USD | +0.5% |
| 2017 | 713,923 million USD | +2.7% |
| 2018 | 736,946 million USD | +3.2% |
| 2019 | 761,902 million USD | +3.4% |
| 2020 | 755,130 million USD | -0.9% |
| 2021 | 787,446 million USD | +4.3% |
| 2022 | 818,358 million USD | +3.9% |
| 2023 | 848,117 million USD | +3.6% |
| 2024 | 884,444 million USD | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 170,231 million USD | 128,724 million USD | 197,709 million USD | 10 |
| 1980s | 185,185 million USD | 168,107 million USD | 201,681 million USD | 10 |
| 1990s | 234,112 million USD | 218,238 million USD | 260,058 million USD | 10 |
| 2000s | 373,526 million USD | 270,400 million USD | 488,721 million USD | 10 |
| 2010s | 657,863 million USD | 532,217 million USD | 761,902 million USD | 10 |
| 2020s | 818,699 million USD | 755,130 million USD | 884,444 million USD | 5 |
Countries ranked near Western Africa
- 20 Micronesia (Federated States of) 338.76 million USD compare
- 20 Saudi Arabia 790,147 million USD compare
- 21 Poland 656,687 million USD compare
- 22 Argentina 627,647 million USD compare
- 23 Sweden 579,305 million USD compare
- 24 Nigeria 577,512 million USD compare
- 25 Belgium 532,636 million USD compare
- 26 Ireland 492,371 million USD compare
More economy & growth data for Western Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 2.53 million (2027)
- Gross Domestic Product — Value US$ 535,797 million USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.28 % (2024)
- Gross Domestic Product — Value US$ per capita 1,174 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,939 USD (2024)
- Gross Domestic Product — Annual growth US$ -23.38 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -25.09 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.95 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 17.61 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 5.14 % (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Western Africa?
- Gross domestic product — value us$, 2015 prices in Western Africa was 884,444 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Western Africa?
- The highest recorded value was 884,444 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Western Africa?
- The lowest recorded value was 128,724 million USD in 1970.
- How does Western Africa rank for gross domestic product — value us$, 2015 prices?
- Western Africa ranks 23rd out of 29 groups with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Western Africa?
- Over the last ten years it is up 32.4%. The long-run trend across the full record is volatile.
- Where does this Western Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).