Total FDI outflows — Value US$, annual growth rate (FDI annual growth) in Western Africa
Western Africa: Total FDI outflows — Value US$, annual growth rate was -76.76 % change on previous year in 2023. ◆ Volatile
Total FDI outflows — Value US$, annual growth rate in Western Africa, 1991–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, total fdi outflows — value us$, annual growth rate in Western Africa stood at -76.76 % change on previous year.
Compared with earlier readings it is down 343.2% on the previous year and down 51.0% over ten years.
Over the whole period, total fdi outflows — value us$, annual growth rate in Western Africa peaked at 426.37 % change on previous year in 2002 and was at its lowest, -181.64 % change on previous year, in 1998.
That places Western Africa 27th out of 30 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Total FDI outflows — Value US$, annual growth rate in Western Africa, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 85.28 % change on previous year | — |
| 1992 | -45.61 % change on previous year | -153.5% |
| 1993 | 43.2 % change on previous year | -194.7% |
| 1994 | -24.72 % change on previous year | -157.2% |
| 1995 | -57.67 % change on previous year | +133.3% |
| 1996 | 223.8 % change on previous year | -488.1% |
| 1997 | 7.97 % change on previous year | -96.4% |
| 1998 | -181.64 % change on previous year | -2378.2% |
| 1999 | 224.67 % change on previous year | -223.7% |
| 2000 | 43.31 % change on previous year | -80.7% |
| 2001 | -119.37 % change on previous year | -375.6% |
| 2002 | 426.37 % change on previous year | -457.2% |
| 2003 | -38.74 % change on previous year | -109.1% |
| 2004 | 42.72 % change on previous year | -210.3% |
| 2005 | 13 % change on previous year | -69.6% |
| 2006 | 10.24 % change on previous year | -21.2% |
| 2007 | 91.03 % change on previous year | +789.2% |
| 2008 | 29.62 % change on previous year | -67.5% |
| 2009 | 28.55 % change on previous year | -3.6% |
| 2010 | 16.04 % change on previous year | -43.8% |
| 2011 | -23.87 % change on previous year | -248.8% |
| 2012 | 89.07 % change on previous year | -473.1% |
| 2013 | -50.84 % change on previous year | -157.1% |
| 2014 | 26.34 % change on previous year | -151.8% |
| 2015 | 2.33 % change on previous year | -91.1% |
| 2016 | -44.56 % change on previous year | -2010.1% |
| 2017 | -2.58 % change on previous year | -94.2% |
| 2018 | -8.86 % change on previous year | +243.1% |
| 2019 | 14.82 % change on previous year | -267.3% |
| 2020 | 66.73 % change on previous year | +350.2% |
| 2021 | 16.7 % change on previous year | -75.0% |
| 2022 | 31.56 % change on previous year | +89.0% |
| 2023 | -76.76 % change on previous year | -343.2% |
Biggest year-on-year movements
Years where Total FDI outflows — 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 |
|---|---|---|---|
| 1998 | -2378.2% | 7.97 % change on previous year | -181.64 % change on previous year |
| 2016 | -2010.1% | 2.33 % change on previous year | -44.56 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.59 % change on previous year | -181.64 % change on previous year | 224.67 % change on previous year | 9 |
| 2000s | 52.67 % change on previous year | -119.37 % change on previous year | 426.37 % change on previous year | 10 |
| 2010s | 1.79 % change on previous year | -50.84 % change on previous year | 89.07 % change on previous year | 10 |
| 2020s | 9.56 % change on previous year | -76.76 % change on previous year | 66.73 % change on previous year | 4 |
Countries ranked near Western Africa
- 24 Sri Lanka 124.23 % change on previous year compare
- 25 Denmark 123.89 % change on previous year compare
- 26 Saint Lucia 109.63 % change on previous year compare
- 27 Kyrgyzstan 100.33 % change on previous year compare
- 28 Samoa 99.45 % change on previous year compare
- 29 Luxembourg 91.95 % change on previous year compare
- 30 Belize 87.86 % 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)
- GDP Deflator — Value US$, 2015 prices, annual growth rate -26.52 % change on previous year (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 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 Fixed Capital Formation — Value US$, annual growth rate -31.89 % change on previous year (2024)
- Gross Domestic Product — Annual growth US$ per capita -25.09 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 884,444 million USD (2024)
- Gross Domestic Product — Annual growth US$ -23.38 % (2024)
Frequently asked questions
- What is total fdi outflows — value us$, annual growth rate in Western Africa?
- Total fdi outflows — value us$, annual growth rate in Western Africa was -76.76 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest total fdi outflows — value us$, annual growth rate recorded in Western Africa?
- The highest recorded value was 426.37 % change on previous year in 2002.
- What is the lowest total fdi outflows — value us$, annual growth rate recorded in Western Africa?
- The lowest recorded value was -181.64 % change on previous year in 1998.
- How does Western Africa rank for total fdi outflows — value us$, annual growth rate?
- Western Africa ranks 27th out of 30 groups with data for 2023.
- Is total fdi outflows — value us$, annual growth rate rising or falling in Western Africa?
- Over the last ten years it is down 51.0%. 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 Total FDI outflows — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Total FDI outflows — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Total FDI outflows — 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 outflows — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.