Ratio of government expenditure to gross domestic product (GDP) in Croatia 2029

The ratio of government expenditure to GDP in Croatia was forecast to decrease between 2024 and 2029 by in total two percentage points. This overall decrease does not happen continuously, notably not in 2029. The ratio is estimated to amount to 46.7 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.Find more key insights for the ratio of government expenditure to GDP in countries like Turkey, Serbia, and North Macedonia.