Africa's Development Dynamics (AfDD) Table 16 - Public finances in High income countries
High income countries: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 39.98 Percentage of GDP in 2028. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in High income countries, 2001–2028
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 High income countries stood at 39.98 Percentage of GDP.
That represents a change of down 0.1% on the previous year and up 4.1% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in High income countries peaked at 46.19 Percentage of GDP in 2020 and was at its lowest, 36.95 Percentage of GDP, in 2006.
High income countries ranks 9th of 46 regions on this measure, in the top quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in High income countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 37.7 Percentage of GDP | — |
| 2002 | 38.1 Percentage of GDP | +1.1% |
| 2003 | 38.18 Percentage of GDP | +0.2% |
| 2004 | 37.52 Percentage of GDP | -1.7% |
| 2005 | 37.3 Percentage of GDP | -0.6% |
| 2006 | 36.95 Percentage of GDP | -0.9% |
| 2007 | 37.03 Percentage of GDP | +0.2% |
| 2008 | 38.53 Percentage of GDP | +4.1% |
| 2009 | 42.69 Percentage of GDP | +10.8% |
| 2010 | 41.58 Percentage of GDP | -2.6% |
| 2011 | 40.65 Percentage of GDP | -2.3% |
| 2012 | 40.2 Percentage of GDP | -1.1% |
| 2013 | 39.67 Percentage of GDP | -1.3% |
| 2014 | 39.48 Percentage of GDP | -0.5% |
| 2015 | 39.06 Percentage of GDP | -1.1% |
| 2016 | 38.88 Percentage of GDP | -0.5% |
| 2017 | 38.39 Percentage of GDP | -1.3% |
| 2018 | 38.41 Percentage of GDP | +0.0% |
| 2019 | 38.83 Percentage of GDP | +1.1% |
| 2020 | 46.19 Percentage of GDP | +18.9% |
| 2021 | 43.91 Percentage of GDP | -4.9% |
| 2022 | 40.67 Percentage of GDP | -7.4% |
| 2023 | 41.18 Percentage of GDP | +1.3% |
| 2024 | 40.52 Percentage of GDP | -1.6% |
| 2025 | 40.3 Percentage of GDP | -0.5% |
| 2026 | 40.21 Percentage of GDP | -0.2% |
| 2027 | 40.02 Percentage of GDP | -0.5% |
| 2028 | 39.98 Percentage of GDP | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.22 Percentage of GDP | 36.95 Percentage of GDP | 42.69 Percentage of GDP | 9 |
| 2010s | 39.51 Percentage of GDP | 38.39 Percentage of GDP | 41.58 Percentage of GDP | 10 |
| 2020s | 41.44 Percentage of GDP | 39.98 Percentage of GDP | 46.19 Percentage of GDP | 9 |
Countries ranked near High income countries
- 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
- 8 Austria 51.15 Percentage of GDP compare
- 9 Luxembourg 50.23 Percentage of GDP compare
- 10 Italy 50 Percentage of GDP compare
- 10 Latvia 38.69 Percentage of GDP compare
- 11 Denmark 49.73 Percentage of GDP compare
- 11 Eswatini 29.21 Percentage of GDP compare
- 12 Lithuania 36.84 Percentage of GDP compare
- 12 Kuwait 48.68 Percentage of GDP compare
More economy & growth data for High income countries
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.89 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.36 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 7.24 million US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 56.65 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 64.8 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 192.19 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 3.86 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 18.15 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 0.1119 Percentage of GDP (2028)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in High income countries?
- Africa's development dynamics (afdd) table 16 - public finances in High income countries was 39.98 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 High income countries?
- The highest recorded value was 46.19 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in High income countries?
- The lowest recorded value was 36.95 Percentage of GDP in 2006.
- How does High income countries rank for africa's development dynamics (afdd) table 16 - public finances?
- High income countries ranks 9th out of 46 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in High income countries?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is rising.
- Where does this High income 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.