Eritrea's budget balance in relation to GDP 2019
In 2019, the budget balance in relation to the GDP in Eritrea decreased by 2.5 percentage points (-47.89 percent) compared to 2018. Over the observed period, the budget balance has been subject to fluctuation.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like Zambia, Uganda, and Madagascar.
The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like Zambia, Uganda, and Madagascar.
