Africa's Development Dynamics (AfDD) Table 16 - Public finances in Least developed countries
Least developed countries: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 17.54 Percentage of GDP in 2028. ▬ Flat
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Least developed countries, 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 Least developed countries stood at 17.54 Percentage of GDP.
That represents a change of up 0.2% on the previous year and down 0.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Least developed countries peaked at 20.08 Percentage of GDP in 2008 and was at its lowest, 15.88 Percentage of GDP, in 2002.
That places Least developed countries 25th out of 28 groups with data for 2028, putting it in the bottom quarter.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Least developed countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 16.47 Percentage of GDP | — |
| 2001 | 16.31 Percentage of GDP | -1.0% |
| 2002 | 15.88 Percentage of GDP | -2.6% |
| 2003 | 16.8 Percentage of GDP | +5.8% |
| 2004 | 16.8 Percentage of GDP | +0.0% |
| 2005 | 17.16 Percentage of GDP | +2.1% |
| 2006 | 17.41 Percentage of GDP | +1.4% |
| 2007 | 18.39 Percentage of GDP | +5.7% |
| 2008 | 20.08 Percentage of GDP | +9.2% |
| 2009 | 19.21 Percentage of GDP | -4.3% |
| 2010 | 18.72 Percentage of GDP | -2.6% |
| 2011 | 18.6 Percentage of GDP | -0.6% |
| 2012 | 19.41 Percentage of GDP | +4.3% |
| 2013 | 19.46 Percentage of GDP | +0.3% |
| 2014 | 19.29 Percentage of GDP | -0.9% |
| 2015 | 18.04 Percentage of GDP | -6.5% |
| 2016 | 16.96 Percentage of GDP | -6.0% |
| 2017 | 17.32 Percentage of GDP | +2.1% |
| 2018 | 17.64 Percentage of GDP | +1.8% |
| 2019 | 17.85 Percentage of GDP | +1.2% |
| 2020 | 18.17 Percentage of GDP | +1.8% |
| 2021 | 17.44 Percentage of GDP | -4.0% |
| 2022 | 17.91 Percentage of GDP | +2.7% |
| 2023 | 16.99 Percentage of GDP | -5.1% |
| 2024 | 16.89 Percentage of GDP | -0.6% |
| 2025 | 17.04 Percentage of GDP | +0.9% |
| 2026 | 17.51 Percentage of GDP | +2.7% |
| 2027 | 17.51 Percentage of GDP | -0.0% |
| 2028 | 17.54 Percentage of GDP | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.45 Percentage of GDP | 15.88 Percentage of GDP | 20.08 Percentage of GDP | 10 |
| 2010s | 18.33 Percentage of GDP | 16.96 Percentage of GDP | 19.46 Percentage of GDP | 10 |
| 2020s | 17.45 Percentage of GDP | 16.89 Percentage of GDP | 18.17 Percentage of GDP | 9 |
Countries ranked near Least developed countries
- 22 Montenegro 44.86 Percentage of GDP compare
- 23 Serbia 44.52 Percentage of GDP compare
- 24 Tonga 44.17 Percentage of GDP compare
- 25 Norway 44.08 Percentage of GDP compare
- 26 United Kingdom of Great Britain and Northern Ireland 43.06 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
More economy & growth data for Least developed countries
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.92 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.64 Percent per annum (2028)
- Total FDI inflows — Value US$, 2015 prices 27,444 million USD (2023)
- Total FDI inflows — Value US$ 31,299 million USD (2023)
- Total FDI outflows — Value US$ 1,160 million USD (2023)
- Total FDI outflows — Value US$, 2015 prices 1,053 million USD (2023)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 15.64 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 117,722 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 107.31 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 67.56 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Least developed countries?
- Africa's development dynamics (afdd) table 16 - public finances in Least developed countries was 17.54 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 Least developed countries?
- The highest recorded value was 20.08 Percentage of GDP in 2008.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Least developed countries?
- The lowest recorded value was 15.88 Percentage of GDP in 2002.
- How does Least developed countries rank for africa's development dynamics (afdd) table 16 - public finances?
- Least developed countries ranks 25th out of 28 groups with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Least developed countries?
- Over the last ten years it is down 0.6%. The long-run trend across the full record is flat.
- Where does this Least developed 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.