Africa's Development Dynamics (AfDD) Table 16 - Public finances in Low income countries (World Bank)
Low income countries (World Bank): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 16.9 Percentage of GDP in 2028. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Low income countries (World Bank), 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 Low income countries (World Bank) is 16.9 Percentage of GDP, measured in 2028.
Compared with earlier readings it is down 0.8% on the previous year and down 6.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Low income countries (World Bank) peaked at 21.93 Percentage of GDP in 2007 and was at its lowest, 16.38 Percentage of GDP, in 2024.
Low income countries (World Bank) ranks 43rd of 46 regions on this measure, in the bottom quarter.
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 Low income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 19.6 Percentage of GDP | — |
| 2001 | 19.02 Percentage of GDP | -3.0% |
| 2002 | 18.82 Percentage of GDP | -1.1% |
| 2003 | 21.04 Percentage of GDP | +11.8% |
| 2004 | 21.58 Percentage of GDP | +2.6% |
| 2005 | 21.91 Percentage of GDP | +1.5% |
| 2006 | 21.49 Percentage of GDP | -1.9% |
| 2007 | 21.93 Percentage of GDP | +2.0% |
| 2008 | 21.31 Percentage of GDP | -2.8% |
| 2009 | 21.25 Percentage of GDP | -0.3% |
| 2010 | 21.2 Percentage of GDP | -0.2% |
| 2011 | 19.56 Percentage of GDP | -7.7% |
| 2012 | 20.16 Percentage of GDP | +3.1% |
| 2013 | 19.55 Percentage of GDP | -3.0% |
| 2014 | 19.17 Percentage of GDP | -2.0% |
| 2015 | 18.11 Percentage of GDP | -5.5% |
| 2016 | 17.19 Percentage of GDP | -5.0% |
| 2017 | 17.49 Percentage of GDP | +1.7% |
| 2018 | 18.04 Percentage of GDP | +3.1% |
| 2019 | 18.47 Percentage of GDP | +2.4% |
| 2020 | 17.92 Percentage of GDP | -3.0% |
| 2021 | 16.99 Percentage of GDP | -5.2% |
| 2022 | 18.52 Percentage of GDP | +9.0% |
| 2023 | 16.62 Percentage of GDP | -10.3% |
| 2024 | 16.38 Percentage of GDP | -1.4% |
| 2025 | 16.62 Percentage of GDP | +1.5% |
| 2026 | 16.93 Percentage of GDP | +1.9% |
| 2027 | 17.03 Percentage of GDP | +0.6% |
| 2028 | 16.9 Percentage of GDP | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.8 Percentage of GDP | 18.82 Percentage of GDP | 21.93 Percentage of GDP | 10 |
| 2010s | 18.89 Percentage of GDP | 17.19 Percentage of GDP | 21.2 Percentage of GDP | 10 |
| 2020s | 17.1 Percentage of GDP | 16.38 Percentage of GDP | 18.52 Percentage of GDP | 9 |
Countries ranked near Low income countries (World Bank)
- 40 New Zealand 38.36 Percentage of GDP compare
- 41 Bulgaria 38.21 Percentage of GDP compare
- 42 Kyrgyzstan 37.39 Percentage of GDP compare
- 43 United States of America 37.25 Percentage of GDP compare
- 44 Romania 37.18 Percentage of GDP compare
- 45 Belarus 37.16 Percentage of GDP compare
- 46 Democratic Republic of the Congo 15.73 Percentage of GDP compare
- 46 Andorra 36.99 Percentage of GDP compare
More economy & growth data for Low income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.04 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.39 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.88 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 62,016 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 133.96 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 90.88 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 108.16 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 5.62 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 14.04 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.2258 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Low income countries (World Bank)?
- Africa's development dynamics (afdd) table 16 - public finances in Low income countries (World Bank) was 16.9 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 Low income countries (World Bank)?
- The highest recorded value was 21.93 Percentage of GDP in 2007.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Low income countries (World Bank)?
- The lowest recorded value was 16.38 Percentage of GDP in 2024.
- How does Low income countries (World Bank) rank for africa's development dynamics (afdd) table 16 - public finances?
- Low income countries (World Bank) ranks 43rd out of 46 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Low income countries (World Bank)?
- Over the last ten years it is down 6.3%. The long-run trend across the full record is falling.
- Where does this Low 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.