Africa's Development Dynamics (AfDD) Table 16 - Public finances in Resource-rich countries
Resource-rich countries: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 30.37 Percentage of GDP in 2028. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Resource-rich 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 Resource-rich countries stood at 30.37 Percentage of GDP.
Compared with earlier readings it is down 0.3% on the previous year and up 1.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Resource-rich countries peaked at 35.24 Percentage of GDP in 2009 and was at its lowest, 27.59 Percentage of GDP, in 2000.
Resource-rich countries ranks 9th of 28 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Resource-rich countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 27.59 Percentage of GDP | — |
| 2001 | 29.6 Percentage of GDP | +7.3% |
| 2002 | 30.29 Percentage of GDP | +2.4% |
| 2003 | 28.94 Percentage of GDP | -4.5% |
| 2004 | 29.63 Percentage of GDP | +2.4% |
| 2005 | 27.98 Percentage of GDP | -5.6% |
| 2006 | 27.7 Percentage of GDP | -1.0% |
| 2007 | 28.55 Percentage of GDP | +3.1% |
| 2008 | 30.28 Percentage of GDP | +6.1% |
| 2009 | 35.24 Percentage of GDP | +16.4% |
| 2010 | 31.91 Percentage of GDP | -9.4% |
| 2011 | 30.95 Percentage of GDP | -3.0% |
| 2012 | 31.52 Percentage of GDP | +1.8% |
| 2013 | 32.51 Percentage of GDP | +3.2% |
| 2014 | 33.28 Percentage of GDP | +2.4% |
| 2015 | 33.17 Percentage of GDP | -0.3% |
| 2016 | 32.3 Percentage of GDP | -2.6% |
| 2017 | 30.68 Percentage of GDP | -5.0% |
| 2018 | 29.89 Percentage of GDP | -2.6% |
| 2019 | 30.4 Percentage of GDP | +1.7% |
| 2020 | 34.04 Percentage of GDP | +12.0% |
| 2021 | 30.15 Percentage of GDP | -11.4% |
| 2022 | 29.22 Percentage of GDP | -3.1% |
| 2023 | 31.04 Percentage of GDP | +6.2% |
| 2024 | 31.36 Percentage of GDP | +1.0% |
| 2025 | 31.04 Percentage of GDP | -1.0% |
| 2026 | 30.81 Percentage of GDP | -0.7% |
| 2027 | 30.48 Percentage of GDP | -1.1% |
| 2028 | 30.37 Percentage of GDP | -0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.58 Percentage of GDP | 27.59 Percentage of GDP | 35.24 Percentage of GDP | 10 |
| 2010s | 31.66 Percentage of GDP | 29.89 Percentage of GDP | 33.28 Percentage of GDP | 10 |
| 2020s | 30.95 Percentage of GDP | 29.22 Percentage of GDP | 34.04 Percentage of GDP | 9 |
Countries ranked near Resource-rich 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 Resource-rich countries
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.41 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.32 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.84 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 731,764 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 100.56 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 112.54 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 173.91 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 5.3 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 13.36 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 0.0187 Percentage of GDP (2028)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Resource-rich countries?
- Africa's development dynamics (afdd) table 16 - public finances in Resource-rich countries was 30.37 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 Resource-rich countries?
- The highest recorded value was 35.24 Percentage of GDP in 2009.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Resource-rich countries?
- The lowest recorded value was 27.59 Percentage of GDP in 2000.
- How does Resource-rich countries rank for africa's development dynamics (afdd) table 16 - public finances?
- Resource-rich countries ranks 9th out of 28 groups with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Resource-rich countries?
- Over the last ten years it is up 1.6%. The long-run trend across the full record is rising.
- Where does this Resource-rich 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.