Africa's Development Dynamics (AfDD) Table 16 - Public finances in High income countries
High income countries: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.1119 Percentage of GDP in 2028. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in High income countries, 2004–2028
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 High income countries stood at 0.1119 Percentage of GDP.
The figure is down 3.0% on the previous year and up 5.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in High income countries peaked at 0.2105 Percentage of GDP in 2023 and was at its lowest, 0.0928 Percentage of GDP, in 2017.
High income countries ranks 20th of 34 regions on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in High income countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2004 | 0.1002 Percentage of GDP | — |
| 2005 | 0.108 Percentage of GDP | +7.8% |
| 2006 | 0.1209 Percentage of GDP | +11.9% |
| 2007 | 0.1198 Percentage of GDP | -0.9% |
| 2008 | 0.1065 Percentage of GDP | -11.1% |
| 2009 | 0.1154 Percentage of GDP | +8.4% |
| 2010 | 0.1279 Percentage of GDP | +10.8% |
| 2011 | 0.1286 Percentage of GDP | +0.6% |
| 2012 | 0.1237 Percentage of GDP | -3.9% |
| 2013 | 0.1395 Percentage of GDP | +12.8% |
| 2014 | 0.1334 Percentage of GDP | -4.4% |
| 2015 | 0.1616 Percentage of GDP | +21.1% |
| 2016 | 0.1009 Percentage of GDP | -37.5% |
| 2017 | 0.0928 Percentage of GDP | -8.1% |
| 2018 | 0.1057 Percentage of GDP | +14.0% |
| 2019 | 0.1111 Percentage of GDP | +5.1% |
| 2020 | 0.1326 Percentage of GDP | +19.3% |
| 2021 | 0.1783 Percentage of GDP | +34.5% |
| 2022 | 0.2098 Percentage of GDP | +17.7% |
| 2023 | 0.2105 Percentage of GDP | +0.3% |
| 2024 | 0.1907 Percentage of GDP | -9.4% |
| 2025 | 0.1857 Percentage of GDP | -2.6% |
| 2026 | 0.1759 Percentage of GDP | -5.3% |
| 2027 | 0.1154 Percentage of GDP | -34.4% |
| 2028 | 0.1119 Percentage of GDP | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1118 Percentage of GDP | 0.1002 Percentage of GDP | 0.1209 Percentage of GDP | 6 |
| 2010s | 0.1225 Percentage of GDP | 0.0928 Percentage of GDP | 0.1616 Percentage of GDP | 10 |
| 2020s | 0.1678 Percentage of GDP | 0.1119 Percentage of GDP | 0.2105 Percentage of GDP | 9 |
More economy & growth data for High income countries
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.89 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 39.98 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 14.36 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 7.24 million US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 56.65 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 64.8 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 192.19 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 3.86 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 18.15 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in High income countries?
- Africa's development dynamics (afdd) table 16 - public finances in High income countries was 0.1119 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 High income countries?
- The highest recorded value was 0.2105 Percentage of GDP in 2023.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in High income countries?
- The lowest recorded value was 0.0928 Percentage of GDP in 2017.
- How does High income countries rank for africa's development dynamics (afdd) table 16 - public finances?
- High income countries ranks 20th out of 34 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in High income countries?
- Over the last ten years it is up 5.9%. The long-run trend across the full record is rising.
- Where does this High income 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.