Ratio of government expenditure to gross domestic product (GDP) in Kiribati 2029
The ratio of government expenditure to GDP in Kiribati was forecast to decrease between 2024 and 2029 by in total 22.3 percentage points. This overall decrease does not happen continuously, notably not in 2027. While the ratio was increasing earlier, it deteriorated and the ratio was forecast to reach 103.3 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 Australia, New Zealand, and Micronesia (Federated States of).
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 Australia, New Zealand, and Micronesia (Federated States of).
