Ratio of government expenditure to gross domestic product (GDP) in Micronesia 2027
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 gross domestic product in countries like Solomon Islands, Tonga and the Marshall Islands.