Ratio of government expenditure to gross domestic product of Saudi Arabia in 2028
The ratio of government expenditure to gross domestic product in Saudi Arabia was forecast to continuously decrease between 2023 and 2028 by in total 1.4 percentage points. After the fifth consecutive decreasing year, the ratio is estimated to reach 28.09 percent and therefore a new minimum in 2028.
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 key insights for the ratio of government expenditure to gross domestic product in countries like Israel, Jordan and Yemen.
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 key insights for the ratio of government expenditure to gross domestic product in countries like Israel, Jordan and Yemen.
