Africa's Development Dynamics (AfDD) Table 16 - Public finances in Economic Community of West African States (ECOWAS)
Economic Community of West African States (ECOWAS): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.3832 Percentage of GDP in 2028. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Economic Community of West African States (ECOWAS), 2000–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Economic Community of West African States (ECOWAS) recorded 0.3832 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.
That represents a change of down 5.2% on the previous year and down 27.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Economic Community of West African States (ECOWAS) peaked at 2.56 Percentage of GDP in 2006 and was at its lowest, 0.3832 Percentage of GDP, in 2028.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Economic Community of West African States (ECOWAS), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.6971 Percentage of GDP | — |
| 2001 | 0.907 Percentage of GDP | +30.1% |
| 2002 | 0.5906 Percentage of GDP | -34.9% |
| 2003 | 0.7509 Percentage of GDP | +27.1% |
| 2004 | 0.8044 Percentage of GDP | +7.1% |
| 2005 | 0.7471 Percentage of GDP | -7.1% |
| 2006 | 2.56 Percentage of GDP | +242.4% |
| 2007 | 0.9956 Percentage of GDP | -61.1% |
| 2008 | 0.6926 Percentage of GDP | -30.4% |
| 2009 | 0.7729 Percentage of GDP | +11.6% |
| 2010 | 0.5867 Percentage of GDP | -24.1% |
| 2011 | 0.6154 Percentage of GDP | +4.9% |
| 2012 | 0.9467 Percentage of GDP | +53.8% |
| 2013 | 0.5542 Percentage of GDP | -41.5% |
| 2014 | 0.5959 Percentage of GDP | +7.5% |
| 2015 | 0.6701 Percentage of GDP | +12.5% |
| 2016 | 0.5396 Percentage of GDP | -19.5% |
| 2017 | 0.5846 Percentage of GDP | +8.3% |
| 2018 | 0.5297 Percentage of GDP | -9.4% |
| 2019 | 0.5553 Percentage of GDP | +4.8% |
| 2020 | 0.6469 Percentage of GDP | +16.5% |
| 2021 | 0.4906 Percentage of GDP | -24.2% |
| 2022 | 0.4151 Percentage of GDP | -15.4% |
| 2023 | 0.4261 Percentage of GDP | +2.7% |
| 2024 | 0.3973 Percentage of GDP | -6.8% |
| 2025 | 0.3877 Percentage of GDP | -2.4% |
| 2026 | 0.3889 Percentage of GDP | +0.3% |
| 2027 | 0.4043 Percentage of GDP | +3.9% |
| 2028 | 0.3832 Percentage of GDP | -5.2% |
Biggest year-on-year movements
Years where Africa's Development Dynamics (AfDD) Table 16 - Public finances in Economic Community of West African States (ECOWAS) 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 | +242.4% | 0.7471 Percentage of GDP | 2.56 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9516 Percentage of GDP | 0.5906 Percentage of GDP | 2.56 Percentage of GDP | 10 |
| 2010s | 0.6178 Percentage of GDP | 0.5297 Percentage of GDP | 0.9467 Percentage of GDP | 10 |
| 2020s | 0.4378 Percentage of GDP | 0.3832 Percentage of GDP | 0.6469 Percentage of GDP | 9 |
More economy & growth data for Economic Community of West African States (ECOWAS)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.2 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.76 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 19.09 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.77 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 56,031 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 155.9 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 50.16 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 97.39 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 1.95 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 9.64 Percentage of GDP (2019)
All data for Economic Community of West African States (ECOWAS) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Economic Community of West African States (ECOWAS)?
- Africa's development dynamics (afdd) table 16 - public finances in Economic Community of West African States (ECOWAS) was 0.3832 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 Economic Community of West African States (ECOWAS)?
- The highest recorded value was 2.56 Percentage of GDP in 2006.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Economic Community of West African States (ECOWAS)?
- The lowest recorded value was 0.3832 Percentage of GDP in 2028.
- How does Economic Community of West African States (ECOWAS) rank for africa's development dynamics (afdd) table 16 - public finances?
- Economic Community of West African States (ECOWAS) ranks 5th out of 15 groups with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Economic Community of West African States (ECOWAS)?
- Over the last ten years it is down 27.6%. The long-run trend across the full record is volatile.
- Where does this Economic Community of West African States (ECOWAS) 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.