Africa's Development Dynamics (AfDD) Table 16 - Public finances in Economic Community of West African States (ECOWAS)
Economic Community of West African States (ECOWAS): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 19.09 Percentage of GDP in 2028. ▬ Flat
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Economic Community of West African States (ECOWAS), 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 Economic Community of West African States (ECOWAS) stood at 19.09 Percentage of GDP.
That represents a change of down 0.1% on the previous year and up 23.7% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Economic Community of West African States (ECOWAS) peaked at 24.08 Percentage of GDP in 2001 and was at its lowest, 13.24 Percentage of GDP, in 2016.
Economic Community of West African States (ECOWAS) ranks 21st of 28 groups on this measure, in the middle of the range.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Economic Community of West African States (ECOWAS), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 20.35 Percentage of GDP | — |
| 2001 | 24.08 Percentage of GDP | +18.3% |
| 2002 | 17.36 Percentage of GDP | -27.9% |
| 2003 | 19.94 Percentage of GDP | +14.8% |
| 2004 | 17.37 Percentage of GDP | -12.9% |
| 2005 | 17 Percentage of GDP | -2.1% |
| 2006 | 13.81 Percentage of GDP | -18.8% |
| 2007 | 17.93 Percentage of GDP | +29.8% |
| 2008 | 15.2 Percentage of GDP | -15.2% |
| 2009 | 16.22 Percentage of GDP | +6.7% |
| 2010 | 17.17 Percentage of GDP | +5.8% |
| 2011 | 17.61 Percentage of GDP | +2.6% |
| 2012 | 16.41 Percentage of GDP | -6.8% |
| 2013 | 15.99 Percentage of GDP | -2.5% |
| 2014 | 15.41 Percentage of GDP | -3.7% |
| 2015 | 13.88 Percentage of GDP | -9.9% |
| 2016 | 13.24 Percentage of GDP | -4.6% |
| 2017 | 14.71 Percentage of GDP | +11.2% |
| 2018 | 15.43 Percentage of GDP | +4.9% |
| 2019 | 15.47 Percentage of GDP | +0.3% |
| 2020 | 16.97 Percentage of GDP | +9.7% |
| 2021 | 16.91 Percentage of GDP | -0.4% |
| 2022 | 18.29 Percentage of GDP | +8.1% |
| 2023 | 16.96 Percentage of GDP | -7.3% |
| 2024 | 19 Percentage of GDP | +12.1% |
| 2025 | 18.89 Percentage of GDP | -0.6% |
| 2026 | 18.96 Percentage of GDP | +0.4% |
| 2027 | 19.1 Percentage of GDP | +0.8% |
| 2028 | 19.09 Percentage of GDP | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.93 Percentage of GDP | 13.81 Percentage of GDP | 24.08 Percentage of GDP | 10 |
| 2010s | 15.53 Percentage of GDP | 13.24 Percentage of GDP | 17.61 Percentage of GDP | 10 |
| 2020s | 18.24 Percentage of GDP | 16.91 Percentage of GDP | 19.1 Percentage of GDP | 9 |
Countries ranked near Economic Community of West African States (ECOWAS)
- 18 Brazil 46 Percentage of GDP compare
- 18 Mauritania 23.53 Percentage of GDP compare
- 19 Hungary 45.22 Percentage of GDP compare
- 20 Greece 45.1 Percentage of GDP compare
- 21 Spain 45.05 Percentage of GDP compare
- 22 Syrian Arab Republic 28.64 Percentage of GDP compare
- 22 Montenegro 44.86 Percentage of GDP compare
- 23 Serbia 44.52 Percentage of GDP compare
- 24 Tonga 44.17 Percentage of GDP compare
More economy & growth data for Economic Community of West African States (ECOWAS)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.2 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.77 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 56,031 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 155.9 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 50.16 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 97.39 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 1.95 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 9.64 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.148 Percentage of GDP (2019)
All data for Economic Community of West African States (ECOWAS) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Economic Community of West African States (ECOWAS)?
- Africa's development dynamics (afdd) table 16 - public finances in Economic Community of West African States (ECOWAS) was 19.09 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 Economic Community of West African States (ECOWAS)?
- The highest recorded value was 24.08 Percentage of GDP in 2001.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Economic Community of West African States (ECOWAS)?
- The lowest recorded value was 13.24 Percentage of GDP in 2016.
- How does Economic Community of West African States (ECOWAS) rank for africa's development dynamics (afdd) table 16 - public finances?
- Economic Community of West African States (ECOWAS) ranks 21st out of 28 groups with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Economic Community of West African States (ECOWAS)?
- Over the last ten years it is up 23.7%. The long-run trend across the full record is flat.
- Where does this Economic Community of West African States (ECOWAS) 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.