The ratio of government revenue to gross domestic product (GDP) in Paraguay was forecast to decrease between 2024 and 2029 by in total 0.4 percentage points. This overall decrease does not happen continuously, notably not in 2028. The ratio is estimated to amount to 19.44 percent 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 Chile, Uruguay and Argentina.
Ratio of government revenue to gross domestic product (GDP) in Paraguay from 2007 to 2029
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IMF. (April 22, 2024). Ratio of government revenue to gross domestic product (GDP) in Paraguay from 2007 to 2029 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1392477/ratio-of-government-revenue-to-gross-domestic-product-gdp-paraguay/
IMF. "Ratio of government revenue to gross domestic product (GDP) in Paraguay from 2007 to 2029." Chart. April 22, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1392477/ratio-of-government-revenue-to-gross-domestic-product-gdp-paraguay/
IMF. (2024). Ratio of government revenue to gross domestic product (GDP) in Paraguay from 2007 to 2029. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1392477/ratio-of-government-revenue-to-gross-domestic-product-gdp-paraguay/
IMF. "Ratio of Government Revenue to Gross Domestic Product (Gdp) in Paraguay from 2007 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/1392477/ratio-of-government-revenue-to-gross-domestic-product-gdp-paraguay/
IMF, Ratio of government revenue to gross domestic product (GDP) in Paraguay from 2007 to 2029 Statista, https://www.statista.com/statistics/1392477/ratio-of-government-revenue-to-gross-domestic-product-gdp-paraguay/ (last visited July 22, 2024)
Ratio of government revenue to gross domestic product (GDP) in Paraguay from 2007 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392477/ratio-of-government-revenue-to-gross-domestic-product-gdp-paraguay/