Africa's Development Dynamics (AfDD) Table 16 - Public finances in World outside Africa, lower-middle income countries (World Bank)
World outside Africa, lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 24.76 Percentage of GDP in 2028. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in World outside Africa, lower-middle 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 World outside Africa, lower-middle income countries (World Bank) is 24.76 Percentage of GDP, measured in 2028.
That represents a change of down 0.4% on the previous year and up 3.7% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in World outside Africa, lower-middle income countries (World Bank) peaked at 26.79 Percentage of GDP in 2020 and was at its lowest, 22.43 Percentage of GDP, in 2000.
World outside Africa, lower-middle income countries (World Bank) ranks 26th of 46 regions 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 World outside Africa, lower-middle income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 22.43 Percentage of GDP | — |
| 2001 | 23.66 Percentage of GDP | +5.5% |
| 2002 | 24.56 Percentage of GDP | +3.8% |
| 2003 | 24.92 Percentage of GDP | +1.5% |
| 2004 | 23.98 Percentage of GDP | -3.8% |
| 2005 | 23.92 Percentage of GDP | -0.2% |
| 2006 | 24.14 Percentage of GDP | +0.9% |
| 2007 | 23.58 Percentage of GDP | -2.3% |
| 2008 | 25.48 Percentage of GDP | +8.1% |
| 2009 | 25.1 Percentage of GDP | -1.5% |
| 2010 | 24.52 Percentage of GDP | -2.3% |
| 2011 | 24.17 Percentage of GDP | -1.4% |
| 2012 | 24.2 Percentage of GDP | +0.1% |
| 2013 | 24.03 Percentage of GDP | -0.7% |
| 2014 | 23.55 Percentage of GDP | -2.0% |
| 2015 | 24.27 Percentage of GDP | +3.1% |
| 2016 | 24.26 Percentage of GDP | -0.1% |
| 2017 | 23.84 Percentage of GDP | -1.7% |
| 2018 | 23.88 Percentage of GDP | +0.2% |
| 2019 | 24.16 Percentage of GDP | +1.2% |
| 2020 | 26.79 Percentage of GDP | +10.9% |
| 2021 | 25.52 Percentage of GDP | -4.7% |
| 2022 | 25.88 Percentage of GDP | +1.4% |
| 2023 | 26.1 Percentage of GDP | +0.9% |
| 2024 | 25.42 Percentage of GDP | -2.6% |
| 2025 | 25.23 Percentage of GDP | -0.8% |
| 2026 | 25 Percentage of GDP | -0.9% |
| 2027 | 24.87 Percentage of GDP | -0.5% |
| 2028 | 24.76 Percentage of GDP | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.18 Percentage of GDP | 22.43 Percentage of GDP | 25.48 Percentage of GDP | 10 |
| 2010s | 24.09 Percentage of GDP | 23.55 Percentage of GDP | 24.52 Percentage of GDP | 10 |
| 2020s | 25.51 Percentage of GDP | 24.76 Percentage of GDP | 26.79 Percentage of GDP | 9 |
Countries ranked near World outside Africa, lower-middle income countries (World Bank)
- 23 Serbia 44.52 Percentage of GDP compare
- 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
More economy & growth data for World outside Africa, lower-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.93 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.96 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.19 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 679,975 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 97.3 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.2837 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 4.25 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 0.0664 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 22 - Returns on direct 6.49 Percent per annum (2019)
All data for World outside Africa, lower-middle income countries (World Bank) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in World outside Africa, lower-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 16 - public finances in World outside Africa, lower-middle income countries (World Bank) was 24.76 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 World outside Africa, lower-middle income countries (World Bank)?
- The highest recorded value was 26.79 Percentage of GDP in 2020.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in World outside Africa, lower-middle income countries (World Bank)?
- The lowest recorded value was 22.43 Percentage of GDP in 2000.
- How does World outside Africa, lower-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 16 - public finances?
- World outside Africa, lower-middle income countries (World Bank) ranks 26th out of 46 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in World outside Africa, lower-middle income countries (World Bank)?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
- Where does this World outside Africa, 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.
Download this data
CSV · JSON — 29 observations, free to reuse under OECD Terms and Conditions (attribution required).
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.