The ratio of government expenditure to GDP in Estonia was forecast to decrease between 2024 and 2029 by in total one percentage point. This overall decrease does not happen continuously, notably not in 2026. The ratio is estimated to amount to 43.22 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.
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IMF. (April 22, 2024). Estonia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/377181/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-estonia/
IMF. "Estonia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. April 22, 2024. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/377181/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-estonia/
IMF. (2024). Estonia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/377181/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-estonia/
IMF. "Estonia: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/377181/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-estonia/
IMF, Estonia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/377181/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-estonia/ (last visited September 20, 2024)
Estonia: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/377181/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-estonia/