The ratio of government expenditure to GDP in the Bahamas was forecast to continuously decrease between 2024 and 2029 by in total 1.1 percentage points. According to this forecast, in 2029, the ratio will have decreased for the fourth consecutive year to 21.32 percent. Depicted here is the general government expenditure as a share of the national gross domestic product. According to the International Monetary Fund, the general government expenditure consists 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.
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IMF. (October 22, 2024). The Bahamas: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/
IMF. "The Bahamas: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/
IMF. (2024). The Bahamas: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/
IMF. "The Bahamas: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/
IMF, The Bahamas: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/ (last visited December 21, 2024)
The Bahamas: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/