The ratio of government revenue to gross domestic product (GDP) in Guyana was forecast to increase between 2024 and 2029 by in total five percentage points. This overall increase does not happen continuously, notably not in 2026. According to this forecast, in 2029, the ratio will have increased for the third consecutive year to 22.74 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.
Find more key insights for the ratio of government revenue to gross domestic product (GDP) in countries like Suriname, Venezuela, and Colombia.
Ratio of government revenue to gross domestic product (GDP) in Guyana from 2007 to 2029
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IMF. (October 22, 2024). Ratio of government revenue to gross domestic product (GDP) in Guyana from 2007 to 2029 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1392194/ratio-of-government-revenue-to-gross-domestic-product-gdp-guyana/
IMF. "Ratio of government revenue to gross domestic product (GDP) in Guyana from 2007 to 2029." Chart. October 22, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1392194/ratio-of-government-revenue-to-gross-domestic-product-gdp-guyana/
IMF. (2024). Ratio of government revenue to gross domestic product (GDP) in Guyana from 2007 to 2029. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1392194/ratio-of-government-revenue-to-gross-domestic-product-gdp-guyana/
IMF. "Ratio of Government Revenue to Gross Domestic Product (Gdp) in Guyana from 2007 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392194/ratio-of-government-revenue-to-gross-domestic-product-gdp-guyana/
IMF, Ratio of government revenue to gross domestic product (GDP) in Guyana from 2007 to 2029 Statista, https://www.statista.com/statistics/1392194/ratio-of-government-revenue-to-gross-domestic-product-gdp-guyana/ (last visited November 21, 2024)
Ratio of government revenue to gross domestic product (GDP) in Guyana from 2007 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392194/ratio-of-government-revenue-to-gross-domestic-product-gdp-guyana/