Africa's Development Dynamics (AfDD) Table 16 - Public finances in Resource-rich countries
Resource-rich countries: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.0187 Percentage of GDP in 2028. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Resource-rich countries, 2000–2028
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 Resource-rich countries stood at 0.0187 Percentage of GDP. That is the lowest value across all 29 years on record.
That represents a change of down 1.8% on the previous year and down 51.3% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Resource-rich countries peaked at 0.6957 Percentage of GDP in 2005 and was at its lowest, 0.0187 Percentage of GDP, in 2028.
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 Resource-rich countries, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.0838 Percentage of GDP | — |
| 2001 | 0.0923 Percentage of GDP | +10.1% |
| 2002 | 0.0864 Percentage of GDP | -6.3% |
| 2003 | 0.0733 Percentage of GDP | -15.2% |
| 2004 | 0.3057 Percentage of GDP | +316.9% |
| 2005 | 0.6957 Percentage of GDP | +127.6% |
| 2006 | 0.38 Percentage of GDP | -45.4% |
| 2007 | 0.177 Percentage of GDP | -53.4% |
| 2008 | 0.2449 Percentage of GDP | +38.4% |
| 2009 | 0.2737 Percentage of GDP | +11.8% |
| 2010 | 0.1527 Percentage of GDP | -44.2% |
| 2011 | 0.0882 Percentage of GDP | -42.3% |
| 2012 | 0.0773 Percentage of GDP | -12.4% |
| 2013 | 0.0352 Percentage of GDP | -54.4% |
| 2014 | 0.0477 Percentage of GDP | +35.6% |
| 2015 | 0.0497 Percentage of GDP | +4.2% |
| 2016 | 0.0463 Percentage of GDP | -7.0% |
| 2017 | 0.0385 Percentage of GDP | -16.9% |
| 2018 | 0.0384 Percentage of GDP | -0.2% |
| 2019 | 0.048 Percentage of GDP | +25.0% |
| 2020 | 0.0556 Percentage of GDP | +15.9% |
| 2021 | 0.0473 Percentage of GDP | -14.9% |
| 2022 | 0.037 Percentage of GDP | -21.7% |
| 2023 | 0.0412 Percentage of GDP | +11.3% |
| 2024 | 0.0369 Percentage of GDP | -10.5% |
| 2025 | 0.028 Percentage of GDP | -24.2% |
| 2026 | 0.0224 Percentage of GDP | -19.7% |
| 2027 | 0.019 Percentage of GDP | -15.2% |
| 2028 | 0.0187 Percentage of GDP | -1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2413 Percentage of GDP | 0.0733 Percentage of GDP | 0.6957 Percentage of GDP | 10 |
| 2010s | 0.0622 Percentage of GDP | 0.0352 Percentage of GDP | 0.1527 Percentage of GDP | 10 |
| 2020s | 0.034 Percentage of GDP | 0.0187 Percentage of GDP | 0.0556 Percentage of GDP | 9 |
More economy & growth data for Resource-rich countries
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.41 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.32 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 30.37 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.84 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 731,764 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 100.56 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 112.54 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 173.91 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 5.3 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 13.36 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Resource-rich countries?
- Africa's development dynamics (afdd) table 16 - public finances in Resource-rich countries was 0.0187 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 Resource-rich countries?
- The highest recorded value was 0.6957 Percentage of GDP in 2005.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Resource-rich countries?
- The lowest recorded value was 0.0187 Percentage of GDP in 2028.
- How does Resource-rich countries rank for africa's development dynamics (afdd) table 16 - public finances?
- Resource-rich countries ranks 15th out of 15 groups with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Resource-rich countries?
- Over the last ten years it is down 51.3%. The long-run trend across the full record is volatile.
- Where does this Resource-rich 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.