Africa's Development Dynamics (AfDD) Table 16 - Public finances in Africa, lower-middle income countries (World Bank)
Africa, lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 23.16 Percentage of GDP in 2028. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Africa, lower-middle income countries (World Bank), 2000–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2028, africa's development dynamics (afdd) table 16 - public finances in Africa, lower-middle income countries (World Bank) stood at 23.16 Percentage of GDP.
Compared with earlier readings it is down 1.4% on the previous year and down 2.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Africa, lower-middle income countries (World Bank) peaked at 27.21 Percentage of GDP in 2009 and was at its lowest, 22.64 Percentage of GDP, in 2023.
That places Africa, lower-middle income countries (World Bank) 29th out of 46 regions with data for 2028, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Africa, lower-middle income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 23.72 Percentage of GDP | — |
| 2001 | 25.9 Percentage of GDP | +9.2% |
| 2002 | 25.35 Percentage of GDP | -2.1% |
| 2003 | 24.98 Percentage of GDP | -1.4% |
| 2004 | 23.72 Percentage of GDP | -5.1% |
| 2005 | 23.86 Percentage of GDP | +0.6% |
| 2006 | 23.84 Percentage of GDP | -0.1% |
| 2007 | 25.73 Percentage of GDP | +7.9% |
| 2008 | 26.94 Percentage of GDP | +4.7% |
| 2009 | 27.21 Percentage of GDP | +1.0% |
| 2010 | 26.1 Percentage of GDP | -4.1% |
| 2011 | 26.64 Percentage of GDP | +2.1% |
| 2012 | 26.5 Percentage of GDP | -0.5% |
| 2013 | 26.29 Percentage of GDP | -0.8% |
| 2014 | 26.52 Percentage of GDP | +0.9% |
| 2015 | 25.12 Percentage of GDP | -5.3% |
| 2016 | 23.99 Percentage of GDP | -4.5% |
| 2017 | 24.21 Percentage of GDP | +0.9% |
| 2018 | 23.7 Percentage of GDP | -2.1% |
| 2019 | 23.29 Percentage of GDP | -1.7% |
| 2020 | 24.11 Percentage of GDP | +3.5% |
| 2021 | 23.04 Percentage of GDP | -4.4% |
| 2022 | 23.59 Percentage of GDP | +2.4% |
| 2023 | 22.64 Percentage of GDP | -4.0% |
| 2024 | 25.14 Percentage of GDP | +11.0% |
| 2025 | 24.49 Percentage of GDP | -2.6% |
| 2026 | 23.93 Percentage of GDP | -2.3% |
| 2027 | 23.49 Percentage of GDP | -1.8% |
| 2028 | 23.16 Percentage of GDP | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.12 Percentage of GDP | 23.72 Percentage of GDP | 27.21 Percentage of GDP | 10 |
| 2010s | 25.24 Percentage of GDP | 23.29 Percentage of GDP | 26.64 Percentage of GDP | 10 |
| 2020s | 23.73 Percentage of GDP | 22.64 Percentage of GDP | 25.14 Percentage of GDP | 9 |
Countries ranked near Africa, lower-middle income countries (World Bank)
- 26 United Kingdom of Great Britain and Northern Ireland 43.06 Percentage of GDP compare
- 26 Madagascar 16.84 Percentage of GDP compare
- 27 Ukraine 43.03 Percentage of GDP compare
- 28 Iceland 42.49 Percentage of GDP compare
- 28 Ethiopia 11.18 Percentage of GDP compare
- 29 Czechia 42.4 Percentage of GDP compare
- 30 Portugal 42.34 Percentage of GDP compare
- 31 Dominica 42.23 Percentage of GDP compare
- 32 Cyprus 41.85 Percentage of GDP compare
- 32 Viet Nam 21.71 Percentage of GDP compare
More economy & growth data for Africa, lower-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.34 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 15.25 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 154,794 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 141.06 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 62.2 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 106.45 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 4.09 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 10.37 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.1385 Percentage of GDP (2019)
All data for Africa, lower-middle income countries (World Bank) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Africa, lower-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 16 - public finances in Africa, lower-middle income countries (World Bank) was 23.16 Percentage of GDP in 2028, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Africa, lower-middle income countries (World Bank)?
- The highest recorded value was 27.21 Percentage of GDP in 2009.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Africa, lower-middle income countries (World Bank)?
- The lowest recorded value was 22.64 Percentage of GDP in 2023.
- How does Africa, lower-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 16 - public finances?
- Africa, lower-middle income countries (World Bank) ranks 29th out of 46 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Africa, lower-middle income countries (World Bank)?
- Over the last ten years it is down 2.3%. The long-run trend across the full record is falling.
- Where does this Africa, lower-middle income countries (World Bank) data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.