Africa's Development Dynamics (AfDD) Table 16 - Public finances in European Union (27 countries)
European Union (27 countries): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 47.78 Percentage of GDP in 2028. ▬ Flat
Africa's Development Dynamics (AfDD) Table 16 - Public finances in European Union (27 countries), 2000–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for africa's development dynamics (afdd) table 16 - public finances in European Union (27 countries) is 47.78 Percentage of GDP, measured in 2028.
That represents a change of down 0.2% on the previous year and up 4.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in European Union (27 countries) peaked at 52.21 Percentage of GDP in 2020 and was at its lowest, 45.03 Percentage of GDP, in 2007.
That places European Union (27 countries) 4th out of 46 regions with data for 2028, putting it in the top 10%.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in European Union (27 countries), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 46.38 Percentage of GDP | — |
| 2001 | 46.41 Percentage of GDP | +0.1% |
| 2002 | 46.76 Percentage of GDP | +0.7% |
| 2003 | 47.06 Percentage of GDP | +0.7% |
| 2004 | 46.4 Percentage of GDP | -1.4% |
| 2005 | 46.35 Percentage of GDP | -0.1% |
| 2006 | 45.81 Percentage of GDP | -1.2% |
| 2007 | 45.03 Percentage of GDP | -1.7% |
| 2008 | 46.14 Percentage of GDP | +2.5% |
| 2009 | 49.91 Percentage of GDP | +8.2% |
| 2010 | 49.84 Percentage of GDP | -0.1% |
| 2011 | 48.46 Percentage of GDP | -2.8% |
| 2012 | 48.91 Percentage of GDP | +0.9% |
| 2013 | 48.74 Percentage of GDP | -0.3% |
| 2014 | 48.26 Percentage of GDP | -1.0% |
| 2015 | 47.39 Percentage of GDP | -1.8% |
| 2016 | 46.57 Percentage of GDP | -1.7% |
| 2017 | 45.93 Percentage of GDP | -1.4% |
| 2018 | 45.81 Percentage of GDP | -0.3% |
| 2019 | 45.93 Percentage of GDP | +0.3% |
| 2020 | 52.21 Percentage of GDP | +13.7% |
| 2021 | 50.73 Percentage of GDP | -2.8% |
| 2022 | 49.2 Percentage of GDP | -3.0% |
| 2023 | 48.98 Percentage of GDP | -0.4% |
| 2024 | 48.4 Percentage of GDP | -1.2% |
| 2025 | 48.3 Percentage of GDP | -0.2% |
| 2026 | 48.18 Percentage of GDP | -0.2% |
| 2027 | 47.9 Percentage of GDP | -0.6% |
| 2028 | 47.78 Percentage of GDP | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 46.63 Percentage of GDP | 45.03 Percentage of GDP | 49.91 Percentage of GDP | 10 |
| 2010s | 47.58 Percentage of GDP | 45.81 Percentage of GDP | 49.84 Percentage of GDP | 10 |
| 2020s | 49.08 Percentage of GDP | 47.78 Percentage of GDP | 52.21 Percentage of GDP | 9 |
Countries ranked near European Union (27 countries)
- 1 Lesotho 48.49 Percentage of GDP compare
- 1 Tuvalu 117.81 Percentage of GDP compare
- 1 Timor-Leste 74.64 Percentage of GDP compare
- 2 Croatia 44.62 Percentage of GDP compare
- 2 Kiribati 103.28 Percentage of GDP compare
- 2 Micronesia 66.37 Percentage of GDP compare
- 3 Poland 47.98 Percentage of GDP compare
- 3 Naoero 77.85 Percentage of GDP compare
- 4 Marshall Islands 68.76 Percentage of GDP compare
- 4 Moldova 36 Percentage of GDP compare
- 5 Belgium 56.19 Percentage of GDP compare
- 5 Netherlands 46.7 Percentage of GDP compare
- 6 France 55.73 Percentage of GDP compare
- 6 Slovenia 45.79 Percentage of GDP compare
- 7 Estonia 43.22 Percentage of GDP compare
- 7 Finland 53.73 Percentage of GDP compare
More economy & growth data for European Union (27 countries)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.7 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.59 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.34 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 3.61 million US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 49.19 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 53.89 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 203.64 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 18.72 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 3.02 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.0453 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in European Union (27 countries)?
- Africa's development dynamics (afdd) table 16 - public finances in European Union (27 countries) was 47.78 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 European Union (27 countries)?
- The highest recorded value was 52.21 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in European Union (27 countries)?
- The lowest recorded value was 45.03 Percentage of GDP in 2007.
- How does European Union (27 countries) rank for africa's development dynamics (afdd) table 16 - public finances?
- European Union (27 countries) ranks 4th out of 46 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in European Union (27 countries)?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is flat.
- Where does this European Union (27 countries) 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.