The ratio of government expenditure to GDP in the United States was forecast to decrease between 2024 and 2029 by in total 0.5 percentage points. This overall decrease does not happen continuously, notably not in 2026. According to this forecast, in 2029, the ratio will have decreased for the third consecutive year to 37.08 percent. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.Find more statistics on other topics about the United States with key insights such as the annual change in imports of trade goods and services, the number of employed people, and ratio of the national debt to the gross domestic product.

The ratio of government expenditure to GDP in the United Kingdom was forecast to decrease between 2024 and 2029 by in total 0.7 percentage points. This overall decrease does not happen continuously, notably not in 2028. The ratio is estimated to amount to 42.66 percent in 2029. 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 statistics on other topics about the United Kingdom with key insights such as the budget balance in relation to the gross domestic product, the national debt, and the average inflation rate.

The ratio of government expenditure to GDP in Germany was forecast to decrease between 2024 and 2029 by in total 0.2 percentage points. This overall decrease does not happen continuously, notably not in 2027 and 2028. The ratio is estimated to amount to 47.96 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.Find more statistics on other topics about Germany with key insights such as the total population, the share in the global GDP adjusted for purchasing power parity, and the growth of the real the gross domestic product.

The ratio of government expenditure to GDP in Sweden was forecast to decrease between 2024 and 2029 by in total 1.6 percentage points. This overall decrease does not happen continuously, notably not in 2027. The ratio is estimated to amount to 46.66 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.Find more key insights for the ratio of government expenditure to GDP in countries like Norway, Denmark, and Iceland.

The ratio of government expenditure to GDP in China was forecast to continuously increase between 2024 and 2029 by in total 1.6 percentage points. After the sixth consecutive increasing year, the ratio is estimated to reach 35.43 percent and therefore a new peak 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.Find more key insights for the ratio of government expenditure to GDP in countries like Taiwan, Mongolia, and South Korea.

The ratio of government expenditure to GDP in France was forecast to decrease between 2024 and 2029 by in total 0.2 percentage points. This overall decrease does not happen continuously, notably not in 2027. The ratio is estimated to amount to 57.02 percent in 2029. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.Find more key insights for the ratio of government expenditure to GDP in countries like Belgium, Netherlands, and Luxembourg.

The ratio of government expenditure to GDP in Switzerland was forecast to continuously increase between 2024 and 2029 by in total 0.3 percentage points. The ratio is estimated to amount to 31.82 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.Find more statistics on other topics about Switzerland with key insights such as the national debt, the gross domestic product per capita, and the budget balance in relation to the gross domestic product.

The ratio of government expenditure to GDP in Italy was forecast to continuously decrease between 2024 and 2029 by in total 2.4 percentage points. After the fourth consecutive decreasing year, the ratio is estimated to reach 48.17 percent and therefore a new minimum in 2029. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.Find more statistics on other topics about Italy with key insights such as ratio of the national debt to the gross domestic product, the number of employed people, and the total population.

The ratio of government expenditure to GDP in Thailand was forecast to increase between 2024 and 2029 by in total 0.4 percentage points. This overall increase does not happen continuously, notably not in 2026 and 2027. The ratio is estimated to amount to 23.74 percent in 2029. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.Find more key insights for the ratio of government expenditure to GDP in countries like Cambodia, Malaysia, and Singapore.

The ratio of government expenditure to GDP in Russia was forecast to decrease between 2024 and 2029 by in total 0.01 percentage points. This overall decrease does not happen continuously, notably not in 2026, 2027 and 2029. The ratio is estimated to amount to 37.31 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.Find more statistics on other topics about Russia with key insights such as the gross domestic product per capita, the total population, and the budget balance in relation to the gross domestic product.

The ratio of government expenditure to GDP in Micronesia was forecast to increase between 2024 and 2029 by in total 3.5 percentage points. This overall increase does not happen continuously, notably not in 2027, 2028 and 2029. The ratio is estimated to amount to 66.37 percent in 2029. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.Find more key insights for the ratio of government expenditure to GDP in countries like Solomon Islands, Tonga, and Marshall Islands.

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.Find more statistics on other topics about Peru with key insights such as the gross domestic product in current prices, the gross domestic product per capita, and the budget balance in relation to the gross domestic product.

The ratio of government expenditure to GDP in Ireland was forecast to continuously increase between 2024 and 2029 by in total 1.6 percentage points. According to this forecast, in 2029, the ratio will have increased for the seventh consecutive year to 25.5 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 statistics on other topics about Ireland with key insights such as the gross domestic product per capita, the national debt, and the growth of the real the gross domestic product.

The ratio of government expenditure to GDP in Lithuania was forecast to continuously decrease between 2024 and 2029 by in total 2.1 percentage points. According to this forecast, in 2029, the ratio will have decreased for the fifth consecutive year to 38.26 percent. 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.Find more statistics on other topics about Lithuania with key insights such as the gross domestic product in current prices, the ratio of government revenue to the gross domestic product, and the total population.

The ratio of government expenditure to GDP in Finland was forecast to continuously decrease between 2024 and 2029 by in total two percentage points. According to this forecast, in 2029, the ratio will have decreased for the fifth consecutive year to 54.81 percent. 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.Find more key insights for the ratio of government expenditure to GDP in countries like Denmark, Norway, and Sweden.

The ratio of government expenditure to GDP in Spain was forecast to decrease between 2024 and 2029 by in total 1.2 percentage points. This overall decrease does not happen continuously, notably not in 2029. The ratio is estimated to amount to 43.59 percent in 2029. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.Find more statistics on other topics about Spain with key insights such as the national debt, the budget balance in relation to the gross domestic product, and the budget balance.

The ratio of government expenditure to GDP in Portugal was forecast to decrease between 2024 and 2029 by in total 0.8 percentage points. This overall decrease does not happen continuously, notably not in 2028 and 2029. The ratio is estimated to amount to 42.47 percent in 2029. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.Find more statistics on other topics about Portugal with key insights such as the budget balance, the gross domestic product per capita, and the share in the global GDP adjusted for purchasing power parity.

The ratio of government expenditure to GDP in Bolivia 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 sixth consecutive year to 34.55 percent. 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.Find more statistics on other topics about Bolivia with key insights such as the gross domestic product per capita, the growth of the real the gross domestic product, and the national debt.

The ratio of government expenditure to GDP in Kazakhstan was forecast to decrease between 2024 and 2029 by in total 0.7 percentage points. This overall decrease does not happen continuously, notably not in 2028. The ratio is estimated to amount to 21.4 percent in 2029. Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.Find more key insights for the ratio of government expenditure to GDP in countries like Tajikistan, Kyrgyzstan, and Turkmenistan.

The government of the United Kingdom's total managed expenditure as a share of gross domestic product was 44.7 percent in 2023/24, compared with 44.7 percent in the previous year.