Africa's Development Dynamics (AfDD) Table 16 - Public finances in World outside Africa, lower-middle income countries (World Bank)
World outside Africa, lower-middle income countries (World Bank): Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.0664 Percentage of GDP in 2028. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in World outside Africa, 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 World outside Africa, lower-middle income countries (World Bank) is 0.0664 Percentage of GDP, measured in 2028. That is the lowest value across all 29 years on record.
The figure is down 14.8% on the previous year and down 34.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in World outside Africa, lower-middle income countries (World Bank) peaked at 0.4154 Percentage of GDP in 2003 and was at its lowest, 0.0664 Percentage of GDP, in 2028.
That places World outside Africa, lower-middle income countries (World Bank) 27th out of 34 regions with data for 2028, putting it in the bottom quarter.
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 World outside Africa, lower-middle income countries (World Bank), year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2000 | 0.2626 Percentage of GDP | — |
| 2001 | 0.2687 Percentage of GDP | +2.3% |
| 2002 | 0.3532 Percentage of GDP | +31.4% |
| 2003 | 0.4154 Percentage of GDP | +17.6% |
| 2004 | 0.2616 Percentage of GDP | -37.0% |
| 2005 | 0.2251 Percentage of GDP | -14.0% |
| 2006 | 0.2477 Percentage of GDP | +10.1% |
| 2007 | 0.2042 Percentage of GDP | -17.6% |
| 2008 | 0.2126 Percentage of GDP | +4.1% |
| 2009 | 0.196 Percentage of GDP | -7.8% |
| 2010 | 0.2154 Percentage of GDP | +9.9% |
| 2011 | 0.1975 Percentage of GDP | -8.3% |
| 2012 | 0.1536 Percentage of GDP | -22.2% |
| 2013 | 0.1553 Percentage of GDP | +1.1% |
| 2014 | 0.2201 Percentage of GDP | +41.8% |
| 2015 | 0.1379 Percentage of GDP | -37.4% |
| 2016 | 0.1266 Percentage of GDP | -8.2% |
| 2017 | 0.1059 Percentage of GDP | -16.4% |
| 2018 | 0.1021 Percentage of GDP | -3.6% |
| 2019 | 0.0839 Percentage of GDP | -17.9% |
| 2020 | 0.0923 Percentage of GDP | +10.1% |
| 2021 | 0.0924 Percentage of GDP | +0.1% |
| 2022 | 0.2762 Percentage of GDP | +198.8% |
| 2023 | 0.2083 Percentage of GDP | -24.6% |
| 2024 | 0.2131 Percentage of GDP | +2.3% |
| 2025 | 0.1277 Percentage of GDP | -40.1% |
| 2026 | 0.0867 Percentage of GDP | -32.1% |
| 2027 | 0.078 Percentage of GDP | -10.1% |
| 2028 | 0.0664 Percentage of GDP | -14.8% |
Biggest year-on-year movements
Years where Africa's Development Dynamics (AfDD) Table 16 - Public finances in World outside Africa, lower-middle income countries (World Bank) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +198.8% | 0.0924 Percentage of GDP | 0.2762 Percentage of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2647 Percentage of GDP | 0.196 Percentage of GDP | 0.4154 Percentage of GDP | 10 |
| 2010s | 0.1498 Percentage of GDP | 0.0839 Percentage of GDP | 0.2201 Percentage of GDP | 10 |
| 2020s | 0.1379 Percentage of GDP | 0.0664 Percentage of GDP | 0.2762 Percentage of GDP | 9 |
More economy & growth data for World outside Africa, lower-middle income countries (World Bank)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.93 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.96 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 16 - Public finances 24.76 Percentage of GDP (2028)
- Africa's Development Dynamics (AfDD) Table 08 - Sectoral breakdown of 12.19 Percentage of GDP (2022)
- Africa's Development Dynamics (AfDD) Table 17 - Trade by 679,975 US dollar (2022)
- Africa's Development Dynamics (AfDD) Table 28 - International trade 97.3 Percentage of merchandise value (2020)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 0.2837 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 21 - Investment and 4.25 Percentage of GDP (2019)
- Africa's Development Dynamics (AfDD) Table 22 - Returns on direct 6.49 Percent per annum (2019)
All data for World outside Africa, lower-middle income countries (World Bank) →
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in World outside Africa, lower-middle income countries (World Bank)?
- Africa's development dynamics (afdd) table 16 - public finances in World outside Africa, lower-middle income countries (World Bank) was 0.0664 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 World outside Africa, lower-middle income countries (World Bank)?
- The highest recorded value was 0.4154 Percentage of GDP in 2003.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in World outside Africa, lower-middle income countries (World Bank)?
- The lowest recorded value was 0.0664 Percentage of GDP in 2028.
- How does World outside Africa, lower-middle income countries (World Bank) rank for africa's development dynamics (afdd) table 16 - public finances?
- World outside Africa, lower-middle income countries (World Bank) ranks 27th out of 34 regions with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in World outside Africa, lower-middle income countries (World Bank)?
- Over the last ten years it is down 34.9%. The long-run trend across the full record is falling.
- Where does this World outside Africa, 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.