The ratio of government revenue to gross domestic product (GDP) in Ecuador was forecast to decrease between 2024 and 2029 by in total 2.5 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 36.13 percent. The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
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IMF. (October 22, 2024). Ratio of government revenue to gross domestic product (GDP) in Ecuador from 2007 to 2029 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1392091/ratio-of-government-revenue-to-gross-domestic-product-gdp-ecuador/
IMF. "Ratio of government revenue to gross domestic product (GDP) in Ecuador from 2007 to 2029." Chart. October 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1392091/ratio-of-government-revenue-to-gross-domestic-product-gdp-ecuador/
IMF. (2024). Ratio of government revenue to gross domestic product (GDP) in Ecuador from 2007 to 2029. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1392091/ratio-of-government-revenue-to-gross-domestic-product-gdp-ecuador/
IMF. "Ratio of Government Revenue to Gross Domestic Product (Gdp) in Ecuador from 2007 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392091/ratio-of-government-revenue-to-gross-domestic-product-gdp-ecuador/
IMF, Ratio of government revenue to gross domestic product (GDP) in Ecuador from 2007 to 2029 Statista, https://www.statista.com/statistics/1392091/ratio-of-government-revenue-to-gross-domestic-product-gdp-ecuador/ (last visited November 21, 2024)
Ratio of government revenue to gross domestic product (GDP) in Ecuador from 2007 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392091/ratio-of-government-revenue-to-gross-domestic-product-gdp-ecuador/