The ratio of government expenditure to GDP in Angola was forecast to decrease between 2024 and 2029 by in total 2.4 percentage points. This overall decrease does not happen continuously, notably not in 2028. The ratio is estimated to amount to 15.73 percent in 2029. 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.
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Angola: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029
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IMF. (April 22, 2024). Angola: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/440718/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-angola/
IMF. "Angola: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. April 22, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/440718/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-angola/
IMF. (2024). Angola: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/440718/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-angola/
IMF. "Angola: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/440718/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-angola/
IMF, Angola: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/440718/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-angola/ (last visited October 06, 2024)
Angola: 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/440718/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-angola/