Africa's Development Dynamics (AfDD) Table 16 - Public finances in World
World: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 0.08 Percentage of GDP in 2028. ▼ Falling
Africa's Development Dynamics (AfDD) Table 16 - Public finances in World, 2008–2028
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
World recorded 0.08 Percentage of GDP for africa's development dynamics (afdd) table 16 - public finances in 2028. That is the lowest value across all 21 years on record.
The figure is down 5.7% on the previous year and down 21.9% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in World peaked at 0.1905 Percentage of GDP in 2014 and was at its lowest, 0.08 Percentage of GDP, in 2028.
The long-run direction has been consistently falling across the 21 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in World, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2008 | 0.1576 Percentage of GDP | — |
| 2009 | 0.171 Percentage of GDP | +8.5% |
| 2010 | 0.1585 Percentage of GDP | -7.3% |
| 2011 | 0.1418 Percentage of GDP | -10.5% |
| 2012 | 0.1453 Percentage of GDP | +2.5% |
| 2013 | 0.1378 Percentage of GDP | -5.2% |
| 2014 | 0.1905 Percentage of GDP | +38.2% |
| 2015 | 0.1575 Percentage of GDP | -17.3% |
| 2016 | 0.1095 Percentage of GDP | -30.5% |
| 2017 | 0.1027 Percentage of GDP | -6.2% |
| 2018 | 0.1024 Percentage of GDP | -0.3% |
| 2019 | 0.0999 Percentage of GDP | -2.4% |
| 2020 | 0.1191 Percentage of GDP | +19.2% |
| 2021 | 0.1238 Percentage of GDP | +3.9% |
| 2022 | 0.1625 Percentage of GDP | +31.2% |
| 2023 | 0.1517 Percentage of GDP | -6.6% |
| 2024 | 0.1435 Percentage of GDP | -5.4% |
| 2025 | 0.1272 Percentage of GDP | -11.4% |
| 2026 | 0.1138 Percentage of GDP | -10.5% |
| 2027 | 0.0848 Percentage of GDP | -25.4% |
| 2028 | 0.08 Percentage of GDP | -5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1643 Percentage of GDP | 0.1576 Percentage of GDP | 0.171 Percentage of GDP | 2 |
| 2010s | 0.1346 Percentage of GDP | 0.0999 Percentage of GDP | 0.1905 Percentage of GDP | 10 |
| 2020s | 0.1229 Percentage of GDP | 0.08 Percentage of GDP | 0.1625 Percentage of GDP | 9 |
More economy & growth data for World
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.23 Percent per annum (2028)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2028)
- Industry (including construction), value added (constant 2015 US$) 3.42 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2248 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 3,238 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 4.46 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.633 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 8,683 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 3.24 % change on previous year (2024)
- Services, value added (constant 2015 US$), per unit of GDP 0.5766 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in World?
- Africa's development dynamics (afdd) table 16 - public finances in World was 0.08 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?
- The highest recorded value was 0.1905 Percentage of GDP in 2014.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in World?
- The lowest recorded value was 0.08 Percentage of GDP in 2028.
- How does World rank for africa's development dynamics (afdd) table 16 - public finances?
- World ranks 11th out of 15 groups with data for 2028.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in World?
- Over the last ten years it is down 21.9%. The long-run trend across the full record is falling.
- Where does this World 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.