Africa's Development Dynamics (AfDD) Table 16 - Public finances in European Union (27 countries)
European Union (27 countries): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.3638 Percentage of GDP in 2028. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in European Union (27 countries), 2000–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
European Union (27 countries) recorded 0.3638 Percentage of GDP for africa's development dynamics (afdd) table 16 - public finances in 2028.
Compared with earlier readings it is down 2.4% on the previous year and up 18.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in European Union (27 countries) peaked at 0.6699 Percentage of GDP in 2022 and was at its lowest, 0.2103 Percentage of GDP, in 2002.
That places European Union (27 countries) 11th out of 34 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 European Union (27 countries), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.2839 Percentage of GDP | — |
| 2001 | 0.2389 Percentage of GDP | -15.9% |
| 2002 | 0.2103 Percentage of GDP | -12.0% |
| 2003 | 0.2781 Percentage of GDP | +32.3% |
| 2004 | 0.2889 Percentage of GDP | +3.9% |
| 2005 | 0.3137 Percentage of GDP | +8.6% |
| 2006 | 0.3414 Percentage of GDP | +8.8% |
| 2007 | 0.3373 Percentage of GDP | -1.2% |
| 2008 | 0.311 Percentage of GDP | -7.8% |
| 2009 | 0.3422 Percentage of GDP | +10.0% |
| 2010 | 0.3814 Percentage of GDP | +11.5% |
| 2011 | 0.3774 Percentage of GDP | -1.1% |
| 2012 | 0.3938 Percentage of GDP | +4.3% |
| 2013 | 0.4541 Percentage of GDP | +15.3% |
| 2014 | 0.4358 Percentage of GDP | -4.0% |
| 2015 | 0.5228 Percentage of GDP | +20.0% |
| 2016 | 0.2936 Percentage of GDP | -43.8% |
| 2017 | 0.2623 Percentage of GDP | -10.7% |
| 2018 | 0.3076 Percentage of GDP | +17.3% |
| 2019 | 0.3187 Percentage of GDP | +3.6% |
| 2020 | 0.3987 Percentage of GDP | +25.1% |
| 2021 | 0.5564 Percentage of GDP | +39.6% |
| 2022 | 0.6699 Percentage of GDP | +20.4% |
| 2023 | 0.6658 Percentage of GDP | -0.6% |
| 2024 | 0.5808 Percentage of GDP | -12.8% |
| 2025 | 0.6074 Percentage of GDP | +4.6% |
| 2026 | 0.5716 Percentage of GDP | -5.9% |
| 2027 | 0.3726 Percentage of GDP | -34.8% |
| 2028 | 0.3638 Percentage of GDP | -2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2946 Percentage of GDP | 0.2103 Percentage of GDP | 0.3422 Percentage of GDP | 10 |
| 2010s | 0.3747 Percentage of GDP | 0.2623 Percentage of GDP | 0.5228 Percentage of GDP | 10 |
| 2020s | 0.5319 Percentage of GDP | 0.3638 Percentage of GDP | 0.6699 Percentage of GDP | 9 |
More economy & growth data for European Union (27 countries)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.7 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.59 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 47.78 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.34 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 3.61 million US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 49.19 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 53.89 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 203.64 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 18.72 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 3.02 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in European Union (27 countries)?
- Africa's development dynamics (afdd) table 16 - public finances in European Union (27 countries) was 0.3638 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 European Union (27 countries)?
- The highest recorded value was 0.6699 Percentage of GDP in 2022.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in European Union (27 countries)?
- The lowest recorded value was 0.2103 Percentage of GDP in 2002.
- How does European Union (27 countries) rank for africa's development dynamics (afdd) table 16 - public finances?
- European Union (27 countries) ranks 11th out of 34 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in European Union (27 countries)?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is rising.
- Where does this European Union (27 countries) 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.