The ratio of government expenditure to GDP in Brunei was forecast to continuously decrease between 2024 and 2029 by in total 4.2 percentage points. After the fifth consecutive decreasing year, the ratio is estimated to reach 25.43 percent and therefore a new minimum 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.
Find more key insights for the ratio of government expenditure to GDP in countries like Malaysia, Vietnam, and Laos.
Brunei Darussalam: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029
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IMF. (October 22, 2024). Brunei Darussalam: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved December 06, 2024, from https://www.statista.com/statistics/526795/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brunei-darussalam/
IMF. "Brunei Darussalam: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed December 06, 2024. https://www.statista.com/statistics/526795/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brunei-darussalam/
IMF. (2024). Brunei Darussalam: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: December 06, 2024. https://www.statista.com/statistics/526795/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brunei-darussalam/
IMF. "Brunei Darussalam: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/526795/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brunei-darussalam/
IMF, Brunei Darussalam: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/526795/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brunei-darussalam/ (last visited December 06, 2024)
Brunei Darussalam: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/526795/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-brunei-darussalam/