Africa's Development Dynamics (AfDD) Table 16 - Public finances in High income countries (excluding Latin American and Caribbean countries)
High income countries (excluding Latin American and Caribbean countries): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.1127 Percentage of GDP in 2028. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in High income countries (excluding Latin American and Caribbean countries), 2009–2028
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 (excluding Latin American and Caribbean countries) stood at 0.1127 Percentage of GDP.
Compared with earlier readings it is down 3.0% on the previous year and up 5.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in High income countries (excluding Latin American and Caribbean countries) peaked at 0.2128 Percentage of GDP in 2023 and was at its lowest, 0.0932 Percentage of GDP, in 2017.
High income countries (excluding Latin American and Caribbean countries) ranks 19th of 34 regions on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in High income countries (excluding Latin American and Caribbean countries), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2009 | 0.1151 Percentage of GDP | — |
| 2010 | 0.1284 Percentage of GDP | +11.5% |
| 2011 | 0.1287 Percentage of GDP | +0.2% |
| 2012 | 0.1239 Percentage of GDP | -3.7% |
| 2013 | 0.1403 Percentage of GDP | +13.2% |
| 2014 | 0.1345 Percentage of GDP | -4.1% |
| 2015 | 0.1629 Percentage of GDP | +21.2% |
| 2016 | 0.1013 Percentage of GDP | -37.8% |
| 2017 | 0.0932 Percentage of GDP | -8.0% |
| 2018 | 0.1065 Percentage of GDP | +14.2% |
| 2019 | 0.1117 Percentage of GDP | +4.9% |
| 2020 | 0.1325 Percentage of GDP | +18.6% |
| 2021 | 0.1793 Percentage of GDP | +35.3% |
| 2022 | 0.2116 Percentage of GDP | +18.0% |
| 2023 | 0.2128 Percentage of GDP | +0.6% |
| 2024 | 0.1923 Percentage of GDP | -9.6% |
| 2025 | 0.1874 Percentage of GDP | -2.5% |
| 2026 | 0.1775 Percentage of GDP | -5.3% |
| 2027 | 0.1162 Percentage of GDP | -34.5% |
| 2028 | 0.1127 Percentage of GDP | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1151 Percentage of GDP | 0.1151 Percentage of GDP | 0.1151 Percentage of GDP | 1 |
| 2010s | 0.1231 Percentage of GDP | 0.0932 Percentage of GDP | 0.1629 Percentage of GDP | 10 |
| 2020s | 0.1692 Percentage of GDP | 0.1127 Percentage of GDP | 0.2128 Percentage of GDP | 9 |
More economy & growth data for High income countries (excluding Latin American and Caribbean countries)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.86 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.67 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 40.2 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 7.16 million US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 56.56 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 65.09 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 192.26 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 3.87 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 18.12 Percentage of GDP (2019)
All data for High income countries (excluding Latin American and Caribbean countries) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in High income countries (excluding Latin American and Caribbean countries)?
- Africa's development dynamics (afdd) table 16 - public finances in High income countries (excluding Latin American and Caribbean countries) was 0.1127 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 (excluding Latin American and Caribbean countries)?
- The highest recorded value was 0.2128 Percentage of GDP in 2023.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in High income countries (excluding Latin American and Caribbean countries)?
- The lowest recorded value was 0.0932 Percentage of GDP in 2017.
- How does High income countries (excluding Latin American and Caribbean countries) rank for africa's development dynamics (afdd) table 16 - public finances?
- High income countries (excluding Latin American and Caribbean countries) ranks 19th 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 (excluding Latin American and Caribbean countries)?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
- Where does this High income countries (excluding Latin American and Caribbean 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.