Gross Domestic Product — Value US$, annual growth rate in Western Africa
Western Africa: Gross Domestic Product — Value US$, annual growth rate was -23.38 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Western Africa, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Western Africa recorded -23.38 % change on previous year for gross domestic product — value us$, annual growth rate in 2024.
The figure is down 145.9% on the previous year and down 390.0% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Western Africa peaked at 50.94 % change on previous year in 1974 and was at its lowest, -36.96 % change on previous year, in 1986.
That places Western Africa 30th out of 30 groups with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Western Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.52 % change on previous year | — |
| 1972 | 17.26 % change on previous year | +27.7% |
| 1973 | 13.97 % change on previous year | -19.1% |
| 1974 | 50.94 % change on previous year | +264.6% |
| 1975 | 25.14 % change on previous year | -50.6% |
| 1976 | 19.35 % change on previous year | -23.0% |
| 1977 | 16.01 % change on previous year | -17.2% |
| 1978 | 12.82 % change on previous year | -19.9% |
| 1979 | 20.37 % change on previous year | +58.9% |
| 1980 | 27.01 % change on previous year | +32.6% |
| 1981 | -7.34 % change on previous year | -127.2% |
| 1982 | -2.17 % change on previous year | -70.5% |
| 1983 | -1.6 % change on previous year | -26.3% |
| 1984 | -1.06 % change on previous year | -34.0% |
| 1985 | -1.89 % change on previous year | +79.6% |
| 1986 | -36.96 % change on previous year | +1850.4% |
| 1987 | -30.48 % change on previous year | -17.5% |
| 1988 | 11.45 % change on previous year | -137.6% |
| 1989 | -11.12 % change on previous year | -197.1% |
| 1990 | 11.23 % change on previous year | -201.1% |
| 1991 | -0.2746 % change on previous year | -102.4% |
| 1992 | -4.4 % change on previous year | +1502.6% |
| 1993 | -0.2791 % change on previous year | -93.7% |
| 1994 | -15.97 % change on previous year | +5622.4% |
| 1995 | 11.34 % change on previous year | -171.0% |
| 1996 | 6.56 % change on previous year | -42.2% |
| 1997 | 0.4849 % change on previous year | -92.6% |
| 1998 | 4.69 % change on previous year | +868.3% |
| 1999 | 2.15 % change on previous year | -54.3% |
| 2000 | -0.5599 % change on previous year | -126.1% |
| 2001 | 6.02 % change on previous year | -1174.8% |
| 2002 | 21.26 % change on previous year | +253.4% |
| 2003 | 14.65 % change on previous year | -31.1% |
| 2004 | 23 % change on previous year | +57.0% |
| 2005 | 22.05 % change on previous year | -4.1% |
| 2006 | 26.26 % change on previous year | +19.1% |
| 2007 | 17.55 % change on previous year | -33.2% |
| 2008 | 21.21 % change on previous year | +20.8% |
| 2009 | -10.41 % change on previous year | -149.1% |
| 2010 | 22.37 % change on previous year | -314.9% |
| 2011 | 12.75 % change on previous year | -43.0% |
| 2012 | 9.42 % change on previous year | -26.1% |
| 2013 | 12.14 % change on previous year | +28.9% |
| 2014 | 8.06 % change on previous year | -33.6% |
| 2015 | -11.58 % change on previous year | -243.6% |
| 2016 | -11.67 % change on previous year | +0.8% |
| 2017 | -1.83 % change on previous year | -84.3% |
| 2018 | 12.04 % change on previous year | -758.8% |
| 2019 | 8.74 % change on previous year | -27.4% |
| 2020 | -4.59 % change on previous year | -152.6% |
| 2021 | 6.33 % change on previous year | -237.8% |
| 2022 | 4.24 % change on previous year | -33.0% |
| 2023 | -9.51 % change on previous year | -324.2% |
| 2024 | -23.38 % change on previous year | +145.9% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate in Western Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | -5622.4% | -0.2791 % change on previous year | -15.97 % change on previous year |
| 1986 | -1850.4% | -1.89 % change on previous year | -36.96 % change on previous year |
| 1992 | -1502.6% | -0.2746 % change on previous year | -4.4 % change on previous year |
| 2001 | +1174.8% | -0.5599 % change on previous year | 6.02 % change on previous year |
| 1998 | +868.3% | 0.4849 % change on previous year | 4.69 % change on previous year |
| 2018 | +758.8% | -1.83 % change on previous year | 12.04 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.04 % change on previous year | 12.82 % change on previous year | 50.94 % change on previous year | 9 |
| 1980s | -5.41 % change on previous year | -36.96 % change on previous year | 27.01 % change on previous year | 10 |
| 1990s | 1.55 % change on previous year | -15.97 % change on previous year | 11.34 % change on previous year | 10 |
| 2000s | 14.1 % change on previous year | -10.41 % change on previous year | 26.26 % change on previous year | 10 |
| 2010s | 6.05 % change on previous year | -11.67 % change on previous year | 22.37 % change on previous year | 10 |
| 2020s | -5.38 % change on previous year | -23.38 % change on previous year | 6.33 % change on previous year | 5 |
Countries ranked near Western Africa
- 27 Nicaragua 13.93 % change on previous year compare
- 28 Guinea 13.11 % change on previous year compare
- 29 Poland 12.58 % change on previous year compare
- 30 Uzbekistan 12.01 % change on previous year compare
- 31 Palau 11.27 % change on previous year compare
- 32 Tunisia 10.99 % change on previous year compare
- 33 Antigua and Barbuda 10.92 % change on previous year compare
More economy & growth data for Western Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 2.53 million (2027)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.95 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.75 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.28 % (2024)
- Gross Domestic Product — Annual growth US$ per capita -25.09 % (2024)
- Gross Domestic Product — Annual growth US$ -23.38 % (2024)
- Gross Domestic Product — Value US$ per capita 1,174 USD (2024)
- Gross Domestic Product — Value US$ 535,797 million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 884,444 million USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,939 USD (2024)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Western Africa?
- Gross domestic product — value us$, annual growth rate in Western Africa was -23.38 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Western Africa?
- The highest recorded value was 50.94 % change on previous year in 1974.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Western Africa?
- The lowest recorded value was -36.96 % change on previous year in 1986.
- How does Western Africa rank for gross domestic product — value us$, annual growth rate?
- Western Africa ranks 30th out of 30 groups with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Western Africa?
- Over the last ten years it is down 390.0%. The long-run trend across the full record is volatile.
- Where does this Western Africa data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.