Africa's Development Dynamics (AfDD) Table 16 - Public finances in Lower-middle income countries (World Bank)
Lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.0752 Percentage of GDP in 2028. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Lower-middle income countries (World Bank), 2000–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
The most recent figure for africa's development dynamics (afdd) table 16 - public finances in Lower-middle income countries (World Bank) is 0.0752 Percentage of GDP, measured in 2028. That is the lowest value across all 29 years on record.
Compared with earlier readings it is down 11.5% on the previous year and down 36.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Lower-middle income countries (World Bank) peaked at 0.5039 Percentage of GDP in 2014 and was at its lowest, 0.0752 Percentage of GDP, in 2028.
Lower-middle income countries (World Bank) ranks 25th of 34 regions on this measure, in the middle of the range.
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 Lower-middle income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.3193 Percentage of GDP | — |
| 2001 | 0.3457 Percentage of GDP | +8.3% |
| 2002 | 0.4292 Percentage of GDP | +24.2% |
| 2003 | 0.4664 Percentage of GDP | +8.7% |
| 2004 | 0.366 Percentage of GDP | -21.5% |
| 2005 | 0.3012 Percentage of GDP | -17.7% |
| 2006 | 0.461 Percentage of GDP | +53.0% |
| 2007 | 0.2913 Percentage of GDP | -36.8% |
| 2008 | 0.2652 Percentage of GDP | -9.0% |
| 2009 | 0.2788 Percentage of GDP | +5.1% |
| 2010 | 0.2529 Percentage of GDP | -9.3% |
| 2011 | 0.2249 Percentage of GDP | -11.1% |
| 2012 | 0.2561 Percentage of GDP | +13.9% |
| 2013 | 0.1965 Percentage of GDP | -23.3% |
| 2014 | 0.5039 Percentage of GDP | +156.5% |
| 2015 | 0.2193 Percentage of GDP | -56.5% |
| 2016 | 0.1546 Percentage of GDP | -29.5% |
| 2017 | 0.1621 Percentage of GDP | +4.8% |
| 2018 | 0.1193 Percentage of GDP | -26.4% |
| 2019 | 0.1034 Percentage of GDP | -13.3% |
| 2020 | 0.122 Percentage of GDP | +17.9% |
| 2021 | 0.1034 Percentage of GDP | -15.2% |
| 2022 | 0.248 Percentage of GDP | +139.8% |
| 2023 | 0.1995 Percentage of GDP | -19.5% |
| 2024 | 0.1979 Percentage of GDP | -0.8% |
| 2025 | 0.1271 Percentage of GDP | -35.8% |
| 2026 | 0.0922 Percentage of GDP | -27.4% |
| 2027 | 0.085 Percentage of GDP | -7.9% |
| 2028 | 0.0752 Percentage of GDP | -11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3524 Percentage of GDP | 0.2652 Percentage of GDP | 0.4664 Percentage of GDP | 10 |
| 2010s | 0.2193 Percentage of GDP | 0.1034 Percentage of GDP | 0.5039 Percentage of GDP | 10 |
| 2020s | 0.1389 Percentage of GDP | 0.0752 Percentage of GDP | 0.248 Percentage of GDP | 9 |
More economy & growth data for Lower-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.61 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.35 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.44 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.93 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 834,770 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 99.48 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 56.17 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 136.21 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 4.4 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 15.19 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Lower-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 16 - public finances in Lower-middle income countries (World Bank) was 0.0752 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 Lower-middle income countries (World Bank)?
- The highest recorded value was 0.5039 Percentage of GDP in 2014.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Lower-middle income countries (World Bank)?
- The lowest recorded value was 0.0752 Percentage of GDP in 2028.
- How does Lower-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 16 - public finances?
- Lower-middle income countries (World Bank) ranks 25th out of 34 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Lower-middle income countries (World Bank)?
- Over the last ten years it is down 36.9%. The long-run trend across the full record is volatile.
- Where does this Lower-middle income countries (World Bank) 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.