The ratio of government expenditure to GDP in Ecuador increased by one percentage point (+2.58 percent) since the previous year. In total, the ratio amounted to 39.72 percent in 2023. Over the observed period, the ratio has been subject to fluctuation. 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.
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IMF. (April 22, 2024). Ecuador: Ratio of government expenditure to gross domestic product (GDP) from 2013 to 2023 [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/451280/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-ecuador/
IMF. "Ecuador: Ratio of government expenditure to gross domestic product (GDP) from 2013 to 2023." Chart. April 22, 2024. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/451280/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-ecuador/
IMF. (2024). Ecuador: Ratio of government expenditure to gross domestic product (GDP) from 2013 to 2023. Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/451280/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-ecuador/
IMF. "Ecuador: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2013 to 2023." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/451280/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-ecuador/
IMF, Ecuador: Ratio of government expenditure to gross domestic product (GDP) from 2013 to 2023 Statista, https://www.statista.com/statistics/451280/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-ecuador/ (last visited September 20, 2024)
Ecuador: Ratio of government expenditure to gross domestic product (GDP) from 2013 to 2023 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/451280/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-ecuador/