Africa's Development Dynamics (AfDD) Table 16 - Public finances in Africa
Africa: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.2638 Percentage of GDP in 2028. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Africa, 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 Africa stood at 0.2638 Percentage of GDP. That is the lowest value across all 29 years on record.
That represents a change of down 8.0% on the previous year and down 23.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Africa peaked at 1.46 Percentage of GDP in 2006 and was at its lowest, 0.2638 Percentage of GDP, in 2028.
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, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.6364 Percentage of GDP | — |
| 2001 | 0.7142 Percentage of GDP | +12.2% |
| 2002 | 0.7427 Percentage of GDP | +4.0% |
| 2003 | 0.8087 Percentage of GDP | +8.9% |
| 2004 | 0.8611 Percentage of GDP | +6.5% |
| 2005 | 0.7232 Percentage of GDP | -16.0% |
| 2006 | 1.46 Percentage of GDP | +101.9% |
| 2007 | 0.7538 Percentage of GDP | -48.4% |
| 2008 | 0.6052 Percentage of GDP | -19.7% |
| 2009 | 0.729 Percentage of GDP | +20.4% |
| 2010 | 0.611 Percentage of GDP | -16.2% |
| 2011 | 0.5561 Percentage of GDP | -9.0% |
| 2012 | 0.6897 Percentage of GDP | +24.0% |
| 2013 | 0.5333 Percentage of GDP | -22.7% |
| 2014 | 1.27 Percentage of GDP | +138.7% |
| 2015 | 0.6026 Percentage of GDP | -52.7% |
| 2016 | 0.4079 Percentage of GDP | -32.3% |
| 2017 | 0.4812 Percentage of GDP | +18.0% |
| 2018 | 0.3454 Percentage of GDP | -28.2% |
| 2019 | 0.3728 Percentage of GDP | +7.9% |
| 2020 | 0.4568 Percentage of GDP | +22.5% |
| 2021 | 0.3481 Percentage of GDP | -23.8% |
| 2022 | 0.3442 Percentage of GDP | -1.1% |
| 2023 | 0.3443 Percentage of GDP | +0.0% |
| 2024 | 0.3371 Percentage of GDP | -2.1% |
| 2025 | 0.3389 Percentage of GDP | +0.5% |
| 2026 | 0.3133 Percentage of GDP | -7.6% |
| 2027 | 0.2869 Percentage of GDP | -8.4% |
| 2028 | 0.2638 Percentage of GDP | -8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8034 Percentage of GDP | 0.6052 Percentage of GDP | 1.46 Percentage of GDP | 10 |
| 2010s | 0.5873 Percentage of GDP | 0.3454 Percentage of GDP | 1.27 Percentage of GDP | 10 |
| 2020s | 0.337 Percentage of GDP | 0.2638 Percentage of GDP | 0.4568 Percentage of GDP | 9 |
More economy & growth data for Africa
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.96 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.26 Percent per annum (2028)
- Gross Domestic Product, GDP in millions constant 2021 international $ 10.08 million (2027)
- Gross Domestic Product — Annual growth US$ per capita 7.84 % (2024)
- GDP Deflator — Value US$, 2015 prices 101.78 USD (2024)
- Gross Domestic Product — Annual growth US$ 10.34 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.04 million million USD (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 88.82 USD (2024)
- Gross Domestic Product — Value US$ per capita 2,047 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 2,011 USD (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Africa?
- Africa's development dynamics (afdd) table 16 - public finances in Africa was 0.2638 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?
- The highest recorded value was 1.46 Percentage of GDP in 2006.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Africa?
- The lowest recorded value was 0.2638 Percentage of GDP in 2028.
- How does Africa rank for africa's development dynamics (afdd) table 16 - public finances?
- Africa ranks 8th out of 15 groups with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Africa?
- Over the last ten years it is down 23.6%. The long-run trend across the full record is falling.
- Where does this Africa 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.