Tax to GDP Ratio =Total government tax collections divided by the country's GDP
The debt can be repaid, or the GDP can grow faster than the debt.
Yes. But if you have a ratio of two integers, the ratio will be rational by definition.
ratio between diameter and circumference
It is the ratio of one whole number to another whole number, which may be expressed as a fraction. The ratio (or fraction) may be simplified by dividing both numbers by the greatest common factor.
unit rate is a ratio between 2 measurements in which the second term is 1.
ratio of tax collection against the national GDP
it the ratio of between the total value of import and GDP
(primary balance/GDP)*100 .GDP decreases. Debt increases.
debt increases and GDP decreases.
GDP Decreases and Debt Increases
30%
$80 trillion
To determine the debt to GDP ratio, divide a country's total debt by its gross domestic product (GDP) and multiply by 100 to get the percentage. This ratio helps assess a country's ability to repay its debt relative to its economic output.
800 billion dollars
The debt can be repaid, or the GDP can grow faster than the debt.
If the debt-to-GDP ratio is 5, it means that the country's debt is five times its GDP. If the debt is expected to grow to 40 billion dollars in 25 years, then the GDP must be 40 billion dollars divided by 5, which equals 8 billion dollars. Therefore, the country's GDP will need to be 8 billion dollars in 25 years to maintain the same debt-to-GDP ratio.
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