Africa's Development Dynamics (AfDD) Table 16 - Public finances in Least developed countries
Least developed countries: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.5417 Percentage of GDP in 2028. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Least developed countries, 2000–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Least developed countries recorded 0.5417 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.
Compared with earlier readings it is down 9.2% on the previous year and down 53.7% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Least developed countries peaked at 3.13 Percentage of GDP in 2006 and was at its lowest, 0.5417 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 Least developed countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 2 Percentage of GDP | — |
| 2001 | 1.86 Percentage of GDP | -6.8% |
| 2002 | 1.78 Percentage of GDP | -4.3% |
| 2003 | 2.13 Percentage of GDP | +19.7% |
| 2004 | 2.02 Percentage of GDP | -5.3% |
| 2005 | 1.91 Percentage of GDP | -5.6% |
| 2006 | 3.13 Percentage of GDP | +64.2% |
| 2007 | 1.97 Percentage of GDP | -37.2% |
| 2008 | 1.7 Percentage of GDP | -13.5% |
| 2009 | 1.87 Percentage of GDP | +9.7% |
| 2010 | 2.01 Percentage of GDP | +7.6% |
| 2011 | 1.76 Percentage of GDP | -12.3% |
| 2012 | 2.24 Percentage of GDP | +27.0% |
| 2013 | 1.75 Percentage of GDP | -21.6% |
| 2014 | 1.77 Percentage of GDP | +0.7% |
| 2015 | 1.44 Percentage of GDP | -18.6% |
| 2016 | 1.29 Percentage of GDP | -10.5% |
| 2017 | 1.17 Percentage of GDP | -9.1% |
| 2018 | 1.17 Percentage of GDP | +0.0% |
| 2019 | 1.11 Percentage of GDP | -5.3% |
| 2020 | 1.26 Percentage of GDP | +13.5% |
| 2021 | 0.8869 Percentage of GDP | -29.5% |
| 2022 | 0.7037 Percentage of GDP | -20.6% |
| 2023 | 0.7165 Percentage of GDP | +1.8% |
| 2024 | 0.8028 Percentage of GDP | +12.0% |
| 2025 | 0.7532 Percentage of GDP | -6.2% |
| 2026 | 0.6836 Percentage of GDP | -9.2% |
| 2027 | 0.5968 Percentage of GDP | -12.7% |
| 2028 | 0.5417 Percentage of GDP | -9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.04 Percentage of GDP | 1.7 Percentage of GDP | 3.13 Percentage of GDP | 10 |
| 2010s | 1.57 Percentage of GDP | 1.11 Percentage of GDP | 2.24 Percentage of GDP | 10 |
| 2020s | 0.7714 Percentage of GDP | 0.5417 Percentage of GDP | 1.26 Percentage of GDP | 9 |
Countries ranked near Least developed countries
More economy & growth data for Least developed countries
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.92 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.64 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 17.54 Percentage of GDP (2028)
- Total FDI inflows — Value US$, 2015 prices 27,444 million USD (2023)
- Total FDI inflows — Value US$ 31,299 million USD (2023)
- Total FDI outflows — Value US$ 1,160 million USD (2023)
- Total FDI outflows — Value US$, 2015 prices 1,053 million USD (2023)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 15.64 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 117,722 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 107.31 Percentage of merchandise value (2020)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Least developed countries?
- Africa's development dynamics (afdd) table 16 - public finances in Least developed countries was 0.5417 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 Least developed countries?
- The highest recorded value was 3.13 Percentage of GDP in 2006.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Least developed countries?
- The lowest recorded value was 0.5417 Percentage of GDP in 2028.
- How does Least developed countries rank for africa's development dynamics (afdd) table 16 - public finances?
- Least developed countries ranks 3rd out of 15 groups with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Least developed countries?
- Over the last ten years it is down 53.7%. The long-run trend across the full record is falling.
- Where does this Least developed 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.