Africa's Development Dynamics (AfDD) Table 16 - Public finances in Lower-middle income countries (World Bank)
Lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 24.44 Percentage of GDP in 2028. ▬ Flat
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Lower-middle income countries (World Bank), 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 Lower-middle income countries (World Bank) stood at 24.44 Percentage of GDP.
Compared with earlier readings it is down 0.6% on the previous year and up 2.5% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Lower-middle income countries (World Bank) peaked at 26.19 Percentage of GDP in 2020 and was at its lowest, 22.75 Percentage of GDP, in 2000.
That places Lower-middle income countries (World Bank) 27th out of 46 regions with data for 2028, putting it in the middle of the range.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Lower-middle income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 22.75 Percentage of GDP | — |
| 2001 | 24.21 Percentage of GDP | +6.4% |
| 2002 | 24.75 Percentage of GDP | +2.3% |
| 2003 | 24.94 Percentage of GDP | +0.7% |
| 2004 | 23.92 Percentage of GDP | -4.1% |
| 2005 | 23.91 Percentage of GDP | -0.0% |
| 2006 | 24.07 Percentage of GDP | +0.7% |
| 2007 | 24.09 Percentage of GDP | +0.1% |
| 2008 | 25.84 Percentage of GDP | +7.2% |
| 2009 | 25.61 Percentage of GDP | -0.9% |
| 2010 | 24.9 Percentage of GDP | -2.8% |
| 2011 | 24.76 Percentage of GDP | -0.6% |
| 2012 | 24.75 Percentage of GDP | -0.0% |
| 2013 | 24.57 Percentage of GDP | -0.7% |
| 2014 | 24.26 Percentage of GDP | -1.3% |
| 2015 | 24.47 Percentage of GDP | +0.9% |
| 2016 | 24.2 Percentage of GDP | -1.1% |
| 2017 | 23.92 Percentage of GDP | -1.2% |
| 2018 | 23.84 Percentage of GDP | -0.3% |
| 2019 | 23.97 Percentage of GDP | +0.5% |
| 2020 | 26.19 Percentage of GDP | +9.3% |
| 2021 | 24.99 Percentage of GDP | -4.6% |
| 2022 | 25.39 Percentage of GDP | +1.6% |
| 2023 | 25.36 Percentage of GDP | -0.1% |
| 2024 | 25.36 Percentage of GDP | +0.0% |
| 2025 | 25.08 Percentage of GDP | -1.1% |
| 2026 | 24.78 Percentage of GDP | -1.2% |
| 2027 | 24.59 Percentage of GDP | -0.8% |
| 2028 | 24.44 Percentage of GDP | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.41 Percentage of GDP | 22.75 Percentage of GDP | 25.84 Percentage of GDP | 10 |
| 2010s | 24.36 Percentage of GDP | 23.84 Percentage of GDP | 24.9 Percentage of GDP | 10 |
| 2020s | 25.13 Percentage of GDP | 24.44 Percentage of GDP | 26.19 Percentage of GDP | 9 |
Countries ranked near Lower-middle income countries (World Bank)
- 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
- 26 Madagascar 16.84 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
- 29 Czechia 42.4 Percentage of GDP compare
- 30 Portugal 42.34 Percentage of GDP compare
More economy & growth data for Lower-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.61 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.35 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.93 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 834,770 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 99.48 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 56.17 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 136.21 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 4.4 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 15.19 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.2525 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Lower-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 16 - public finances in Lower-middle income countries (World Bank) was 24.44 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 Lower-middle income countries (World Bank)?
- The highest recorded value was 26.19 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Lower-middle income countries (World Bank)?
- The lowest recorded value was 22.75 Percentage of GDP in 2000.
- How does Lower-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 16 - public finances?
- Lower-middle income countries (World Bank) ranks 27th out of 46 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Lower-middle income countries (World Bank)?
- Over the last ten years it is up 2.5%. The long-run trend across the full record is flat.
- Where does this Lower-middle 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.