The ratio of government expenditure to GDP in Saudi Arabia was forecast to continuously decrease between 2024 and 2029 by in total 2.8 percentage points. According to this forecast, in 2029, the ratio will have decreased for the fifth consecutive year to 29.97 percent. This indicator depicts the general government expenditure as a share of the national gross domestic product. The International Monetary Fund defines the general government expenditure as consisting 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 Israel, Jordan, and Yemen.
Saudi Arabia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029
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IMF. (October 22, 2024). Saudi Arabia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/262536/ratio-of-government-expenditure-to-gross-domestic-product-of-saudi-arabia/
IMF. "Saudi Arabia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/262536/ratio-of-government-expenditure-to-gross-domestic-product-of-saudi-arabia/
IMF. (2024). Saudi Arabia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/262536/ratio-of-government-expenditure-to-gross-domestic-product-of-saudi-arabia/
IMF. "Saudi Arabia: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/262536/ratio-of-government-expenditure-to-gross-domestic-product-of-saudi-arabia/
IMF, Saudi Arabia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/262536/ratio-of-government-expenditure-to-gross-domestic-product-of-saudi-arabia/ (last visited November 10, 2024)
Saudi Arabia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/262536/ratio-of-government-expenditure-to-gross-domestic-product-of-saudi-arabia/
