Gross National Income — Annual growth US$ in Africa
Africa: Gross National Income — Annual growth US$ was -3.15 % in 2023. ◆ Volatile
Gross National Income — Annual growth US$ in Africa, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2023, gross national income — annual growth us$ in Africa stood at -3.15 %.
That represents a change of down 162.2% on the previous year and down 220.0% over ten years.
Over the whole period, gross national income — annual growth us$ in Africa peaked at 35.22 % in 1974 and was at its lowest, -12.26 %, in 1986.
Africa ranks 26th 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 National Income — Annual growth US$ in Africa, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 11.42 % | — |
| 1972 | 14.36 % | +25.8% |
| 1973 | 21.25 % | +48.0% |
| 1974 | 35.22 % | +65.7% |
| 1975 | 15.33 % | -56.5% |
| 1976 | 12.04 % | -21.5% |
| 1977 | 15.45 % | +28.4% |
| 1978 | 14.81 % | -4.1% |
| 1979 | 16.79 % | +13.3% |
| 1980 | 26.61 % | +58.6% |
| 1981 | -5.1 % | -119.2% |
| 1982 | -2.66 % | -47.9% |
| 1983 | 0.813 % | -130.6% |
| 1984 | -2.36 % | -390.3% |
| 1985 | -2.08 % | -12.0% |
| 1986 | -12.26 % | +490.3% |
| 1987 | -4.46 % | -63.7% |
| 1988 | 6.55 % | -247.0% |
| 1989 | 0.731 % | -88.8% |
| 1990 | 11.25 % | +1439.7% |
| 1991 | 1.09 % | -90.3% |
| 1992 | 2.05 % | +87.5% |
| 1993 | 0.2063 % | -89.9% |
| 1994 | -3.54 % | -1815.4% |
| 1995 | 10.23 % | -389.1% |
| 1996 | 4.13 % | -59.7% |
| 1997 | 4.21 % | +2.0% |
| 1998 | -1.04 % | -124.6% |
| 1999 | 0.8764 % | -184.6% |
| 2000 | 2.35 % | +167.9% |
| 2001 | -2.13 % | -190.8% |
| 2002 | 2.93 % | -237.4% |
| 2003 | 20.05 % | +584.9% |
| 2004 | 21.63 % | +7.9% |
| 2005 | 18.09 % | -16.4% |
| 2006 | 16.89 % | -6.6% |
| 2007 | 14.89 % | -11.8% |
| 2008 | 15.89 % | +6.7% |
| 2009 | -4.51 % | -128.4% |
| 2010 | 18.23 % | -504.3% |
| 2011 | 11.29 % | -38.1% |
| 2012 | 7.53 % | -33.3% |
| 2013 | 2.62 % | -65.2% |
| 2014 | 5.94 % | +126.5% |
| 2015 | -8.55 % | -244.0% |
| 2016 | -6.86 % | -19.8% |
| 2017 | 3.78 % | -155.0% |
| 2018 | 5.74 % | +51.9% |
| 2019 | 4.23 % | -26.3% |
| 2020 | -4.13 % | -197.7% |
| 2021 | 10.89 % | -363.6% |
| 2022 | 5.06 % | -53.5% |
| 2023 | -3.15 % | -162.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.41 % | 11.42 % | 35.22 % | 9 |
| 1980s | 0.5786 % | -12.26 % | 26.61 % | 10 |
| 1990s | 2.95 % | -3.54 % | 11.25 % | 10 |
| 2000s | 10.61 % | -4.51 % | 21.63 % | 10 |
| 2010s | 4.39 % | -8.55 % | 18.23 % | 10 |
| 2020s | 2.17 % | -4.13 % | 10.89 % | 4 |
Countries ranked near Africa
More economy & growth data for Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.26 Percent per annum (2028)
- Gross Domestic Product — Value US$, 2015 prices 3.04 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 21.98 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 668,776 million USD (2024)
- Gross Fixed Capital Formation — Value US$ 594,014 million USD (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.5509 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.89 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 88.82 USD (2024)
Frequently asked questions
- What is gross national income — annual growth us$ in Africa?
- Gross national income — annual growth us$ in Africa was -3.15 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — annual growth us$ recorded in Africa?
- The highest recorded value was 35.22 % in 1974.
- What is the lowest gross national income — annual growth us$ recorded in Africa?
- The lowest recorded value was -12.26 % in 1986.
- How does Africa rank for gross national income — annual growth us$?
- Africa ranks 26th out of 29 groups with data for 2023.
- Is gross national income — annual growth us$ rising or falling in Africa?
- Over the last ten years it is down 220.0%. The long-run trend across the full record is volatile.
- Where does this Africa data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Annual growth US$. 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).