Total FDI inflows — Value US$, 2015 prices, annual growth rate in Western Africa
Western Africa: Total FDI inflows — Value US$, 2015 prices, annual growth rate was 4.45 % change on previous year in 2023. ◆ Volatile
Total FDI inflows — Value US$, 2015 prices, annual growth rate in Western Africa, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, total fdi inflows — value us$, 2015 prices, annual growth rate in Western Africa stood at 4.45 % change on previous year.
The figure is up 156.9% on the previous year and up 125.9% over ten years.
Over the whole period, total fdi inflows — value us$, 2015 prices, annual growth rate in Western Africa peaked at 75.59 % change on previous year in 2005 and was at its lowest, -41.15 % change on previous year, in 1995.
Western Africa ranks 7th of 30 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total FDI inflows — Value US$, 2015 prices, annual growth rate in Western Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -1.94 % change on previous year | — |
| 1992 | 19.3 % change on previous year | -1094.2% |
| 1993 | 43.86 % change on previous year | +127.3% |
| 1994 | 43.41 % change on previous year | -1.0% |
| 1995 | -41.15 % change on previous year | -194.8% |
| 1996 | 54.2 % change on previous year | -231.7% |
| 1997 | -10.02 % change on previous year | -118.5% |
| 1998 | -14.2 % change on previous year | +41.8% |
| 1999 | -9.18 % change on previous year | -35.3% |
| 2000 | -3.62 % change on previous year | -60.6% |
| 2001 | -4.06 % change on previous year | +12.4% |
| 2002 | 28.38 % change on previous year | -798.2% |
| 2003 | 10.02 % change on previous year | -64.7% |
| 2004 | -8.9 % change on previous year | -188.8% |
| 2005 | 75.59 % change on previous year | -949.1% |
| 2006 | -20.36 % change on previous year | -126.9% |
| 2007 | 23.53 % change on previous year | -215.6% |
| 2008 | 16.16 % change on previous year | -31.3% |
| 2009 | 36.3 % change on previous year | +124.7% |
| 2010 | -26.97 % change on previous year | -174.3% |
| 2011 | 50.33 % change on previous year | -286.6% |
| 2012 | -17.87 % change on previous year | -135.5% |
| 2013 | -17.2 % change on previous year | -3.7% |
| 2014 | -14.21 % change on previous year | -17.4% |
| 2015 | -6.95 % change on previous year | -51.1% |
| 2016 | 24.44 % change on previous year | -451.8% |
| 2017 | -10.5 % change on previous year | -143.0% |
| 2018 | -29.53 % change on previous year | +181.2% |
| 2019 | 52.05 % change on previous year | -276.3% |
| 2020 | -14.79 % change on previous year | -128.4% |
| 2021 | 30.29 % change on previous year | -304.7% |
| 2022 | -7.81 % change on previous year | -125.8% |
| 2023 | 4.45 % change on previous year | -156.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.37 % change on previous year | -41.15 % change on previous year | 54.2 % change on previous year | 9 |
| 2000s | 15.3 % change on previous year | -20.36 % change on previous year | 75.59 % change on previous year | 10 |
| 2010s | 0.3601 % change on previous year | -29.53 % change on previous year | 52.05 % change on previous year | 10 |
| 2020s | 3.03 % change on previous year | -14.79 % change on previous year | 30.29 % change on previous year | 4 |
Countries ranked near Western Africa
- 4 Cyprus 525.16 % change on previous year compare
- 5 Algeria 367.35 % change on previous year compare
- 6 Estonia 352.03 % change on previous year compare
- 7 El Salvador 332.86 % change on previous year compare
- 8 Zambia 281.78 % change on previous year compare
- 9 Bahrain 269.04 % change on previous year compare
- 10 Kuwait 208.07 % 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 — Value US$, 2015 prices 884,444 million USD (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices -35.22 % change on previous year (2024)
- Gross Domestic Product — Value US$, annual growth rate -23.38 % change on previous year (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.28 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.95 % (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 — Value US$ per capita 1,174 USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.14 % change on previous year (2024)
Frequently asked questions
- What is total fdi inflows — value us$, 2015 prices, annual growth rate in Western Africa?
- Total fdi inflows — value us$, 2015 prices, annual growth rate in Western Africa was 4.45 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest total fdi inflows — value us$, 2015 prices, annual growth rate recorded in Western Africa?
- The highest recorded value was 75.59 % change on previous year in 2005.
- What is the lowest total fdi inflows — value us$, 2015 prices, annual growth rate recorded in Western Africa?
- The lowest recorded value was -41.15 % change on previous year in 1995.
- How does Western Africa rank for total fdi inflows — value us$, 2015 prices, annual growth rate?
- Western Africa ranks 7th out of 30 groups with data for 2023.
- Is total fdi inflows — value us$, 2015 prices, annual growth rate rising or falling in Western Africa?
- Over the last ten years it is up 125.9%. The long-run trend across the full record is volatile.
- Where does this Western Africa data come from?
- The figures come from Statizoid (derived), published as part of Total FDI inflows — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Total FDI inflows — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Total FDI inflows — Value US$, 2015 prices 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 Total FDI inflows — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.