Ratio of government expenditure to gross domestic product (GDP) in Micronesia 2029
The ratio of government expenditure to GDP in Micronesia was forecast to increase between 2024 and 2029 by in total 3.5 percentage points. This overall increase does not happen continuously, notably not in 2027, 2028 and 2029. The ratio is estimated to amount to 66.37 percent in 2029.
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.
Find more key insights for the ratio of government expenditure to GDP in countries like Solomon Islands, Tonga, and Marshall Islands.
Shown here is the general government expenditure as a share of the national gross domestic product. As defined by 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.
Find more key insights for the ratio of government expenditure to GDP in countries like Solomon Islands, Tonga, and Marshall Islands.
