The ratio of government expenditure to GDP in Eritrea increased by 4.9 percentage points (+18.59 percent) since the previous year. In total, the ratio amounted to 31.26 percent in 2019. Over the observed period, the ratio has been subject to fluctuation. 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.
Find more key insights for the ratio of government expenditure to GDP in countries like Tanzania, Uganda and Kenya.
Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019
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IMF. (April 22, 2024). Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019 [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/
IMF. "Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019." Chart. April 22, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/
IMF. (2024). Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019. Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/
IMF. "Eritrea: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2009 to 2019." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/
IMF, Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019 Statista, https://www.statista.com/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/ (last visited October 06, 2024)
Eritrea: Ratio of government expenditure to gross domestic product (GDP) from 2009 to 2019 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/510499/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-eritrea/