The ratio of government expenditure to GDP in the Marshall Islands was forecast to increase between 2024 and 2029 by in total 7.5 percentage points. This overall increase does not happen continuously, notably not in 2028 and 2029. The ratio is estimated to amount to 78.49 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 Tonga, New Zealand, and Australia.
Marshall Islands: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029
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IMF. (October 22, 2024). Marshall Islands: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/731650/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-marshall-islands/
IMF. "Marshall Islands: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. October 22, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/731650/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-marshall-islands/
IMF. (2024). Marshall Islands: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/731650/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-marshall-islands/
IMF. "Marshall Islands: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/731650/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-marshall-islands/
IMF, Marshall Islands: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/731650/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-marshall-islands/ (last visited December 22, 2024)
Marshall Islands: 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/731650/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-marshall-islands/