The ratio of government expenditure to GDP in Eritrea increased by 4.9 percentage points (+18.59 percent) in 2019. In total, the ratio amounted to 31.26 percent in 2019. Over the observed period, the ratio has been subject to fluctuation. 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 Tanzania, Uganda, and Kenya.
Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019
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IMF. (October 22, 2024). Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/
IMF. "Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019." Chart. October 22, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/
IMF. (2024). Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/
IMF. "Eritrea: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2009 to 2019." Statista, Statista Inc., 22 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/
IMF, Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/ (last visited November 10, 2024)
Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019 [Graph], IMF, October 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/
