The ratio of government expenditure to GDP in Argentina was forecast to decrease between 2024 and 2029 by in total 1.4 percentage points. This overall decrease does not happen continuously, notably not in 2026. According to this forecast in 2029, the ratio will have decreased for the third consecutive year to 33.18 percent. This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The gross domestic product represents the total value of final goods and services produced during a year.
Find more key insights for the ratio of government expenditure to GDP in countries like Uruguay, Paraguay and Chile.
Ratio of government expenditure to GDP in Argentina from 2007 to 2029
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IMF. (April 22, 2024). Ratio of government expenditure to GDP in Argentina from 2007 to 2029 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1391768/ratio-of-government-expenditure-to-gdp-argentina/
IMF. "Ratio of government expenditure to GDP in Argentina from 2007 to 2029." Chart. April 22, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1391768/ratio-of-government-expenditure-to-gdp-argentina/
IMF. (2024). Ratio of government expenditure to GDP in Argentina from 2007 to 2029. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1391768/ratio-of-government-expenditure-to-gdp-argentina/
IMF. "Ratio of Government Expenditure to Gdp in Argentina from 2007 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/1391768/ratio-of-government-expenditure-to-gdp-argentina/
IMF, Ratio of government expenditure to GDP in Argentina from 2007 to 2029 Statista, https://www.statista.com/statistics/1391768/ratio-of-government-expenditure-to-gdp-argentina/ (last visited July 22, 2024)
Ratio of government expenditure to GDP in Argentina from 2007 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/1391768/ratio-of-government-expenditure-to-gdp-argentina/