Africa's Development Dynamics (AfDD) Table 16 - Public finances in Upper-middle income countries (World Bank)
Upper-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.0175 Percentage of GDP in 2028. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Upper-middle income countries (World Bank), 2008–2028
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 Upper-middle income countries (World Bank) stood at 0.0175 Percentage of GDP. That is the lowest value across all 21 years on record.
That represents a change of down 0.4% on the previous year and down 26.2% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Upper-middle income countries (World Bank) peaked at 0.1239 Percentage of GDP in 2009 and was at its lowest, 0.0175 Percentage of GDP, in 2028.
That places Upper-middle income countries (World Bank) 31st out of 34 regions with data for 2028, putting it in the bottom quarter.
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 Upper-middle income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2008 | 0.1216 Percentage of GDP | — |
| 2009 | 0.1239 Percentage of GDP | +1.9% |
| 2010 | 0.0728 Percentage of GDP | -41.3% |
| 2011 | 0.0422 Percentage of GDP | -42.0% |
| 2012 | 0.0278 Percentage of GDP | -34.1% |
| 2013 | 0.0273 Percentage of GDP | -2.0% |
| 2014 | 0.0284 Percentage of GDP | +4.0% |
| 2015 | 0.0462 Percentage of GDP | +62.9% |
| 2016 | 0.0271 Percentage of GDP | -41.4% |
| 2017 | 0.0209 Percentage of GDP | -22.9% |
| 2018 | 0.0237 Percentage of GDP | +13.3% |
| 2019 | 0.0194 Percentage of GDP | -18.0% |
| 2020 | 0.028 Percentage of GDP | +44.4% |
| 2021 | 0.0201 Percentage of GDP | -28.4% |
| 2022 | 0.0234 Percentage of GDP | +16.7% |
| 2023 | 0.022 Percentage of GDP | -6.1% |
| 2024 | 0.0233 Percentage of GDP | +5.7% |
| 2025 | 0.0203 Percentage of GDP | -12.6% |
| 2026 | 0.0176 Percentage of GDP | -13.6% |
| 2027 | 0.0175 Percentage of GDP | -0.3% |
| 2028 | 0.0175 Percentage of GDP | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1228 Percentage of GDP | 0.1216 Percentage of GDP | 0.1239 Percentage of GDP | 2 |
| 2010s | 0.0336 Percentage of GDP | 0.0194 Percentage of GDP | 0.0728 Percentage of GDP | 10 |
| 2020s | 0.0211 Percentage of GDP | 0.0175 Percentage of GDP | 0.028 Percentage of GDP | 9 |
More economy & growth data for Upper-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.14 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.92 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 32.78 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 13.32 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 3.56 million US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 70.72 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 112.74 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 188.79 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 10.08 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 23.22 Percentage of GDP (2019)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Upper-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 16 - public finances in Upper-middle income countries (World Bank) was 0.0175 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 Upper-middle income countries (World Bank)?
- The highest recorded value was 0.1239 Percentage of GDP in 2009.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Upper-middle income countries (World Bank)?
- The lowest recorded value was 0.0175 Percentage of GDP in 2028.
- How does Upper-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 16 - public finances?
- Upper-middle income countries (World Bank) ranks 31st out of 34 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Upper-middle income countries (World Bank)?
- Over the last ten years it is down 26.2%. The long-run trend across the full record is volatile.
- Where does this Upper-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.