In 2024, the ratio of government expenditure to GDP in Bolivia was estimated at approximately 38.66 percent. From 1981 to 2024, the figure dropped by around 8.04 percentage points, though the decline followed an uneven course rather than a steady trajectory. Between 2024 and 2026, the ratio will decrease by about 1.06 percentage points.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.
In 2024, the ratio of government revenue to gross domestic product (GDP) in Bolivia was estimated at approximately 28.36 percent. From 1981 to 2024, the figure dropped by around 8.70 percentage points, though the decline followed an uneven course rather than a steady trajectory. Between 2024 and 2026, the ratio will decrease by about 4.20 percentage points.The indicator shows the general government revenue as a share of the national gross domestic product. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue. As this revenue increases, a government's net worth increases. The gross domestic product represents the total value of final goods and services produced during a year.
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In 2024, the ratio of government expenditure to GDP in Bolivia was estimated at approximately 38.66 percent. From 1981 to 2024, the figure dropped by around 8.04 percentage points, though the decline followed an uneven course rather than a steady trajectory. Between 2024 and 2026, the ratio will decrease by about 1.06 percentage points.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.