Africa's Development Dynamics (AfDD) Table 16 - Public finances in Upper-middle income countries (World Bank)
Upper-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 32.78 Percentage of GDP in 2028. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Upper-middle income countries (World Bank), 2000–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Upper-middle income countries (World Bank) recorded 32.78 Percentage of GDP for africa's development dynamics (afdd) table 16 - public finances in 2028.
Compared with earlier readings it is up 0.2% on the previous year and up 3.5% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Upper-middle income countries (World Bank) peaked at 34.47 Percentage of GDP in 2020 and was at its lowest, 21.9 Percentage of GDP, in 2000.
That places Upper-middle income countries (World Bank) 17th out of 46 regions with data for 2028, putting it 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 Upper-middle income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 21.9 Percentage of GDP | — |
| 2001 | 25.52 Percentage of GDP | +16.5% |
| 2002 | 26.29 Percentage of GDP | +3.0% |
| 2003 | 25.48 Percentage of GDP | -3.1% |
| 2004 | 25.38 Percentage of GDP | -0.4% |
| 2005 | 25.04 Percentage of GDP | -1.3% |
| 2006 | 24.91 Percentage of GDP | -0.5% |
| 2007 | 25.11 Percentage of GDP | +0.8% |
| 2008 | 27.59 Percentage of GDP | +9.9% |
| 2009 | 29.84 Percentage of GDP | +8.1% |
| 2010 | 28.74 Percentage of GDP | -3.7% |
| 2011 | 29.03 Percentage of GDP | +1.0% |
| 2012 | 29.76 Percentage of GDP | +2.5% |
| 2013 | 30.3 Percentage of GDP | +1.8% |
| 2014 | 30.38 Percentage of GDP | +0.3% |
| 2015 | 31.85 Percentage of GDP | +4.8% |
| 2016 | 31.95 Percentage of GDP | +0.3% |
| 2017 | 31.62 Percentage of GDP | -1.0% |
| 2018 | 31.68 Percentage of GDP | +0.2% |
| 2019 | 32.26 Percentage of GDP | +1.8% |
| 2020 | 34.47 Percentage of GDP | +6.9% |
| 2021 | 31.78 Percentage of GDP | -7.8% |
| 2022 | 32.12 Percentage of GDP | +1.1% |
| 2023 | 32.9 Percentage of GDP | +2.4% |
| 2024 | 32.87 Percentage of GDP | -0.1% |
| 2025 | 32.7 Percentage of GDP | -0.5% |
| 2026 | 32.74 Percentage of GDP | +0.1% |
| 2027 | 32.72 Percentage of GDP | -0.1% |
| 2028 | 32.78 Percentage of GDP | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.71 Percentage of GDP | 21.9 Percentage of GDP | 29.84 Percentage of GDP | 10 |
| 2010s | 30.76 Percentage of GDP | 28.74 Percentage of GDP | 32.26 Percentage of GDP | 10 |
| 2020s | 32.79 Percentage of GDP | 31.78 Percentage of GDP | 34.47 Percentage of GDP | 9 |
Countries ranked near Upper-middle income countries (World Bank)
- 14 Germany 47.78 Percentage of GDP compare
- 15 Equatorial Guinea 24.23 Percentage of GDP compare
- 15 Libya 47.37 Percentage of GDP compare
- 16 Türkiye 32.83 Percentage of GDP compare
- 16 Palau 47.06 Percentage of GDP compare
- 17 Iraq 46.15 Percentage of GDP compare
- 18 Brazil 46 Percentage of GDP compare
- 18 Mauritania 23.53 Percentage of GDP compare
- 19 Hungary 45.22 Percentage of GDP compare
- 20 Greece 45.1 Percentage of GDP compare
More economy & growth data for Upper-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.14 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.92 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.32 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 3.56 million US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 70.72 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 112.74 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 188.79 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 10.08 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 23.22 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.2984 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Upper-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 16 - public finances in Upper-middle income countries (World Bank) was 32.78 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 Upper-middle income countries (World Bank)?
- The highest recorded value was 34.47 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Upper-middle income countries (World Bank)?
- The lowest recorded value was 21.9 Percentage of GDP in 2000.
- How does Upper-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 16 - public finances?
- Upper-middle income countries (World Bank) ranks 17th out of 46 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Upper-middle income countries (World Bank)?
- Over the last ten years it is up 3.5%. The long-run trend across the full record is rising.
- Where does this Upper-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.