Africa's Development Dynamics (AfDD) Table 16 - Public finances in United States of America
United States of America: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 37.25 Percentage of GDP in 2029. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in United States of America, 2001–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2029, africa's development dynamics (afdd) table 16 - public finances in United States of America stood at 37.25 Percentage of GDP.
Compared with earlier readings it is down 0.8% on the previous year and up 3.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in United States of America peaked at 44.64 Percentage of GDP in 2020 and was at its lowest, 32.8 Percentage of GDP, in 2001.
United States of America ranks 43rd of 166 countries 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 United States of America, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2001 | 32.8 Percentage of GDP | — |
| 2002 | 33.7 Percentage of GDP | +2.7% |
| 2003 | 34.04 Percentage of GDP | +1.0% |
| 2004 | 33.72 Percentage of GDP | -0.9% |
| 2005 | 33.93 Percentage of GDP | +0.6% |
| 2006 | 33.69 Percentage of GDP | -0.7% |
| 2007 | 34.56 Percentage of GDP | +2.6% |
| 2008 | 37.14 Percentage of GDP | +7.5% |
| 2009 | 41.4 Percentage of GDP | +11.5% |
| 2010 | 39.76 Percentage of GDP | -4.0% |
| 2011 | 38.8 Percentage of GDP | -2.4% |
| 2012 | 37.22 Percentage of GDP | -4.1% |
| 2013 | 35.78 Percentage of GDP | -3.9% |
| 2014 | 35.32 Percentage of GDP | -1.3% |
| 2015 | 35.03 Percentage of GDP | -0.8% |
| 2016 | 35.33 Percentage of GDP | +0.9% |
| 2017 | 35.19 Percentage of GDP | -0.4% |
| 2018 | 35.35 Percentage of GDP | +0.4% |
| 2019 | 35.85 Percentage of GDP | +1.4% |
| 2020 | 44.64 Percentage of GDP | +24.5% |
| 2021 | 42.78 Percentage of GDP | -4.2% |
| 2022 | 36.79 Percentage of GDP | -14.0% |
| 2023 | 38.07 Percentage of GDP | +3.5% |
| 2024 | 37.05 Percentage of GDP | -2.7% |
| 2025 | 37.45 Percentage of GDP | +1.1% |
| 2026 | 37.58 Percentage of GDP | +0.3% |
| 2027 | 37.46 Percentage of GDP | -0.3% |
| 2028 | 37.56 Percentage of GDP | +0.3% |
| 2029 | 37.25 Percentage of GDP | -0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35 Percentage of GDP | 32.8 Percentage of GDP | 41.4 Percentage of GDP | 9 |
| 2010s | 36.36 Percentage of GDP | 35.03 Percentage of GDP | 39.76 Percentage of GDP | 10 |
| 2020s | 38.66 Percentage of GDP | 36.79 Percentage of GDP | 44.64 Percentage of GDP | 10 |
Countries ranked near United States of America
- 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
- 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 United States of America
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.12 Percent per annum (2029)
- Gross capital formation (constant 2015 US$), annual growth rate 3.49 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1748 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 15,061 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 6.58 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.1404 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 12,099 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 6.58 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.1404 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in United States of America?
- Africa's development dynamics (afdd) table 16 - public finances in United States of America was 37.25 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in United States of America?
- The highest recorded value was 44.64 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in United States of America?
- The lowest recorded value was 32.8 Percentage of GDP in 2001.
- How does United States of America rank for africa's development dynamics (afdd) table 16 - public finances?
- United States of America ranks 43rd out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in United States of America?
- Over the last ten years it is up 3.9%. The long-run trend across the full record is rising.
- Where does this United States of America 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.