Paraguay - General government total expenditure in % of GDP

25.3 (%) in 2021

In 2021, general government total expenditure (% of GDP) for Paraguay was 25.3 %. Before general government total expenditure (% of GDP) of Paraguay started to increase to reach a level of 25.3 % in 2021, it went through a trough reaching a low of 12.8 % in 2008.

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What is general government total expenditure (% of GDP)?

Total expenditure consists of total expense and the net acquisition of non-financial assets. Note: Apart from being on an accrual basis, total expenditure differs from the GFSM 1986 definition of total expenditure in the sense that it also takes the disposals of non-financial assets into account.

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What is Paraguay general government total expenditure (% of GDP)?