Ratio of government expenditure to gross domestic product (GDP) in Brazil 2029
The ratio of government expenditure to GDP in Brazil was forecast to continuously decrease between 2024 and 2029 by in total 1.3 percentage points. According to this forecast, in 2029, the ratio will have decreased for the fourth consecutive year to 44.98 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 Brazil with key insights such as the total population, ratio of the national debt to the gross domestic product, and the share in the global GDP adjusted for purchasing power parity.
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 Brazil with key insights such as the total population, ratio of the national debt to the gross domestic product, and the share in the global GDP adjusted for purchasing power parity.
