Total FDI inflows — Value US$, annual growth rate in Western Africa
Western Africa: Total FDI inflows — Value US$, annual growth rate was -0.7899 % change on previous year in 2023. ◆ Volatile
Total FDI inflows — Value US$, annual growth rate in Western Africa, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, total fdi inflows — value us$, annual growth rate in Western Africa stood at -0.7899 % change on previous year.
That represents a change of up 80.7% on the previous year and up 93.8% over ten years.
Over the whole period, total fdi inflows — value us$, annual growth rate in Western Africa peaked at 97.92 % change on previous year in 2005 and was at its lowest, -33.24 % change on previous year, in 1995.
That places Western Africa 12th out of 30 groups with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total FDI inflows — Value US$, annual growth rate in Western Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -11.99 % change on previous year | — |
| 1992 | 2.5 % change on previous year | -120.8% |
| 1993 | 51.4 % change on previous year | +1957.0% |
| 1994 | 31.38 % change on previous year | -38.9% |
| 1995 | -33.24 % change on previous year | -205.9% |
| 1996 | 40.54 % change on previous year | -221.9% |
| 1997 | 3.94 % change on previous year | -90.3% |
| 1998 | -7.76 % change on previous year | -297.0% |
| 1999 | -6.74 % change on previous year | -13.1% |
| 2000 | -7.59 % change on previous year | +12.5% |
| 2001 | -3.87 % change on previous year | -48.9% |
| 2002 | 39.52 % change on previous year | -1120.0% |
| 2003 | 15.36 % change on previous year | -61.1% |
| 2004 | 8.04 % change on previous year | -47.6% |
| 2005 | 97.92 % change on previous year | +1117.9% |
| 2006 | -2.48 % change on previous year | -102.5% |
| 2007 | 37.36 % change on previous year | -1607.5% |
| 2008 | 31.39 % change on previous year | -16.0% |
| 2009 | 17.63 % change on previous year | -43.8% |
| 2010 | -18.89 % change on previous year | -207.1% |
| 2011 | 58.63 % change on previous year | -410.3% |
| 2012 | -14.5 % change on previous year | -124.7% |
| 2013 | -12.66 % change on previous year | -12.7% |
| 2014 | -15.57 % change on previous year | +23.0% |
| 2015 | -18.4 % change on previous year | +18.2% |
| 2016 | 17.97 % change on previous year | -197.7% |
| 2017 | -10.43 % change on previous year | -158.1% |
| 2018 | -21.51 % change on previous year | +106.1% |
| 2019 | 46.99 % change on previous year | -318.5% |
| 2020 | -16.22 % change on previous year | -134.5% |
| 2021 | 36.16 % change on previous year | -322.9% |
| 2022 | -4.1 % change on previous year | -111.3% |
| 2023 | -0.7899 % change on previous year | -80.7% |
Biggest year-on-year movements
Years where Total FDI inflows — 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 |
|---|---|---|---|
| 1993 | +1957.0% | 2.5 % change on previous year | 51.4 % change on previous year |
| 2007 | +1607.5% | -2.48 % change on previous year | 37.36 % change on previous year |
| 2002 | +1120.0% | -3.87 % change on previous year | 39.52 % change on previous year |
| 2005 | +1117.9% | 8.04 % change on previous year | 97.92 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.78 % change on previous year | -33.24 % change on previous year | 51.4 % change on previous year | 9 |
| 2000s | 23.33 % change on previous year | -7.59 % change on previous year | 97.92 % change on previous year | 10 |
| 2010s | 1.16 % change on previous year | -21.51 % change on previous year | 58.63 % change on previous year | 10 |
| 2020s | 3.76 % change on previous year | -16.22 % change on previous year | 36.16 % change on previous year | 4 |
Countries ranked near Western Africa
- 9 Germany 232 % change on previous year compare
- 10 Tonga 224.93 % change on previous year compare
- 11 Polynesia 197.65 % change on previous year compare
- 12 Kuwait 178.83 % change on previous year compare
- 13 Lao People's Democratic Republic 162.36 % change on previous year compare
- 14 Russian Federation 155.01 % change on previous year compare
- 15 Saint Lucia 139.18 % 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$ 535,797 million USD (2024)
- Gross Domestic Product — Value US$, 2015 prices, annual growth rate 4.28 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, annual growth rate -31.89 % change on previous year (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 5.14 % change on previous year (2024)
- Gross Domestic Product — Value US$ per capita 1,174 USD (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)
- Gross Fixed Capital Formation — Annual growth US$ -31.89 % (2024)
- Gross Fixed Capital Formation — Value US$ 137,957 million USD (2024)
Frequently asked questions
- What is total fdi inflows — value us$, annual growth rate in Western Africa?
- Total fdi inflows — value us$, annual growth rate in Western Africa was -0.7899 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest total fdi inflows — value us$, annual growth rate recorded in Western Africa?
- The highest recorded value was 97.92 % change on previous year in 2005.
- What is the lowest total fdi inflows — value us$, annual growth rate recorded in Western Africa?
- The lowest recorded value was -33.24 % change on previous year in 1995.
- How does Western Africa rank for total fdi inflows — value us$, annual growth rate?
- Western Africa ranks 12th out of 30 groups with data for 2023.
- Is total fdi inflows — value us$, annual growth rate rising or falling in Western Africa?
- Over the last ten years it is up 93.8%. 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$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Total FDI inflows — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Total FDI inflows — 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 Total FDI inflows — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.