The ratio of government expenditure to GDP in Sao Tome and Principe was forecast to decrease between 2024 and 2029 by in total 1.5 percentage points. This overall decrease does not happen continuously, notably not in 2028. The ratio is estimated to amount to 20.32 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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IMF. (October 22, 2024). Sao Tome and Principe: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved December 09, 2024, from https://www.statista.com/statistics/729410/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-s%25C3%25A3o-tome-and-principe/
IMF. "Sao Tome and Principe: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed December 09, 2024. https://www.statista.com/statistics/729410/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-s%25C3%25A3o-tome-and-principe/
IMF. (2024). Sao Tome and Principe: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: December 09, 2024. https://www.statista.com/statistics/729410/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-s%25C3%25A3o-tome-and-principe/
IMF. "Sao Tome and Principe: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/729410/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-s%25C3%25A3o-tome-and-principe/
IMF, Sao Tome and Principe: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/729410/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-s%25C3%25A3o-tome-and-principe/ (last visited December 09, 2024)
Sao Tome and Principe: 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/729410/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-s%25C3%25A3o-tome-and-principe/