Africa's Development Dynamics (AfDD) Table 16 - Public finances in Africa, low income countries (World Bank)
Africa, low income countries (World Bank): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 1.11 Percentage of GDP in 2028. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Africa, low income countries (World Bank), 2000–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Africa, low income countries (World Bank) recorded 1.11 Percentage of GDP for africa's development dynamics (afdd) table 16 - public finances in 2028. That is the lowest value across all 29 years on record.
The figure is down 11.9% on the previous year and down 23.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Africa, low income countries (World Bank) peaked at 5.79 Percentage of GDP in 2006 and was at its lowest, 1.11 Percentage of GDP, in 2028.
That places Africa, low income countries (World Bank) 1st out of 34 regions with data for 2028, putting it in the top 10%.
The long-run direction has been consistently falling across the 29 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Africa, low income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 2.79 Percentage of GDP | — |
| 2001 | 2.88 Percentage of GDP | +3.1% |
| 2002 | 2.58 Percentage of GDP | -10.2% |
| 2003 | 3.34 Percentage of GDP | +29.4% |
| 2004 | 3.34 Percentage of GDP | -0.0% |
| 2005 | 3.02 Percentage of GDP | -9.4% |
| 2006 | 5.79 Percentage of GDP | +91.4% |
| 2007 | 3.02 Percentage of GDP | -47.8% |
| 2008 | 2.5 Percentage of GDP | -17.3% |
| 2009 | 2.84 Percentage of GDP | +13.5% |
| 2010 | 2.83 Percentage of GDP | -0.3% |
| 2011 | 2.48 Percentage of GDP | -12.5% |
| 2012 | 2.35 Percentage of GDP | -5.0% |
| 2013 | 2.41 Percentage of GDP | +2.3% |
| 2014 | 2.22 Percentage of GDP | -7.6% |
| 2015 | 1.95 Percentage of GDP | -12.3% |
| 2016 | 1.55 Percentage of GDP | -20.5% |
| 2017 | 1.55 Percentage of GDP | -0.1% |
| 2018 | 1.45 Percentage of GDP | -6.4% |
| 2019 | 1.63 Percentage of GDP | +12.3% |
| 2020 | 1.9 Percentage of GDP | +16.5% |
| 2021 | 1.57 Percentage of GDP | -17.1% |
| 2022 | 1.55 Percentage of GDP | -1.7% |
| 2023 | 1.46 Percentage of GDP | -5.7% |
| 2024 | 1.51 Percentage of GDP | +3.6% |
| 2025 | 1.59 Percentage of GDP | +4.8% |
| 2026 | 1.45 Percentage of GDP | -8.6% |
| 2027 | 1.26 Percentage of GDP | -12.8% |
| 2028 | 1.11 Percentage of GDP | -11.9% |
Biggest year-on-year movements
Years where Africa's Development Dynamics (AfDD) Table 16 - Public finances in Africa, low income countries (World Bank) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +91.4% | 3.02 Percentage of GDP | 5.79 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.21 Percentage of GDP | 2.5 Percentage of GDP | 5.79 Percentage of GDP | 10 |
| 2010s | 2.04 Percentage of GDP | 1.45 Percentage of GDP | 2.83 Percentage of GDP | 10 |
| 2020s | 1.49 Percentage of GDP | 1.11 Percentage of GDP | 1.9 Percentage of GDP | 9 |
Countries ranked near Africa, low income countries (World Bank)
More economy & growth data for Africa, low income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.04 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.3 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 16.79 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 61,273 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 128.14 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 53.71 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 80.75 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 5.56 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 12.88 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Africa, low income countries (World Bank)?
- Africa's development dynamics (afdd) table 16 - public finances in Africa, low income countries (World Bank) was 1.11 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 Africa, low income countries (World Bank)?
- The highest recorded value was 5.79 Percentage of GDP in 2006.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Africa, low income countries (World Bank)?
- The lowest recorded value was 1.11 Percentage of GDP in 2028.
- How does Africa, low income countries (World Bank) rank for africa's development dynamics (afdd) table 16 - public finances?
- Africa, low income countries (World Bank) ranks 1st out of 34 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Africa, low income countries (World Bank)?
- Over the last ten years it is down 23.3%. The long-run trend across the full record is falling.
- Where does this Africa, low 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 revenue, grants. 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.