The ratio of government expenditure to GDP in Guatemala was forecast to continuously increase between 2024 and 2029 by in total 1.5 percentage points. According to this forecast, in 2029, the ratio will have increased for the fifth consecutive year to 14.98 percent. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists 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 Panama, Honduras, and Costa Rica.
Ratio of government expenditure to GDP in Guatemala from 2007 to 2029
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IMF. (October 22, 2024). Ratio of government expenditure to GDP in Guatemala from 2007 to 2029 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1392191/ratio-of-government-expenditure-to-gdp-guatemala/
IMF. "Ratio of government expenditure to GDP in Guatemala from 2007 to 2029." Chart. October 22, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1392191/ratio-of-government-expenditure-to-gdp-guatemala/
IMF. (2024). Ratio of government expenditure to GDP in Guatemala from 2007 to 2029. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1392191/ratio-of-government-expenditure-to-gdp-guatemala/
IMF. "Ratio of Government Expenditure to Gdp in Guatemala from 2007 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392191/ratio-of-government-expenditure-to-gdp-guatemala/
IMF, Ratio of government expenditure to GDP in Guatemala from 2007 to 2029 Statista, https://www.statista.com/statistics/1392191/ratio-of-government-expenditure-to-gdp-guatemala/ (last visited November 22, 2024)
Ratio of government expenditure to GDP in Guatemala from 2007 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392191/ratio-of-government-expenditure-to-gdp-guatemala/