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by Mikeb85 1267 days ago
It means 46% of GDP is government spending. Actually.

Defense spending. Government workers. Infrastructure projects various governments partially or fully pay for. Subsidies. And so on.

1 comments

Interesting- in that case these are some eye popping numbers.

However, I’m struggling to square that fact with the observation that the Wikipedia table shows a number of entries >100%. How could government spending ever exceed 100% of GDP given it is counting toward GDP?