The ratio of government expenditure to GDP in Peru was forecast to decrease between 2024 and 2029 by in total two percentage points. This overall decrease does not happen continuously, notably not in 2029. The ratio is estimated to amount to 20.41 percent in 2029. 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.
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IMF. (October 22, 2024). Ratio of government expenditure to GDP in Peru from 2007 to 2029 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1392554/ratio-of-government-expenditure-to-gdp-peru/
IMF. "Ratio of government expenditure to GDP in Peru from 2007 to 2029." Chart. October 22, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1392554/ratio-of-government-expenditure-to-gdp-peru/
IMF. (2024). Ratio of government expenditure to GDP in Peru from 2007 to 2029. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1392554/ratio-of-government-expenditure-to-gdp-peru/
IMF. "Ratio of Government Expenditure to Gdp in Peru from 2007 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/1392554/ratio-of-government-expenditure-to-gdp-peru/
IMF, Ratio of government expenditure to GDP in Peru from 2007 to 2029 Statista, https://www.statista.com/statistics/1392554/ratio-of-government-expenditure-to-gdp-peru/ (last visited November 23, 2024)
Ratio of government expenditure to GDP in Peru from 2007 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/1392554/ratio-of-government-expenditure-to-gdp-peru/