Ratio of government revenue to gross domestic product (GDP) in Guatemala 2007-2029
The ratio of government revenue to gross domestic product (GDP) in Guatemala was forecast to continuously increase between 2024 and 2029 by in total 0.5 percentage points. After the fifth consecutive increasing year, the ratio is estimated to reach 12.94 percent and therefore a new peak in 2029.
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.
Find more key insights for the ratio of government revenue to gross domestic product (GDP) in countries like Nicaragua, Costa Rica, and El Salvador.
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.
Find more key insights for the ratio of government revenue to gross domestic product (GDP) in countries like Nicaragua, Costa Rica, and El Salvador.
