The ratio of government expenditure to GDP in St. Kitts and Nevis was forecast to decrease between 2024 and 2029 by in total 3.4 percentage points. This overall decrease does not happen continuously, notably not in 2029. The ratio is estimated to amount to 36.32 percent in 2029. 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. (April 22, 2024). St. Kitts and Nevis: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/731503/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-st-kitts-and-nevis/
IMF. "St. Kitts and Nevis: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. April 22, 2024. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/731503/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-st-kitts-and-nevis/
IMF. (2024). St. Kitts and Nevis: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/731503/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-st-kitts-and-nevis/
IMF. "St. Kitts and Nevis: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/731503/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-st-kitts-and-nevis/
IMF, St. Kitts and Nevis: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www.statista.com/statistics/731503/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-st-kitts-and-nevis/ (last visited September 19, 2024)
St. Kitts and Nevis: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/731503/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-st-kitts-and-nevis/