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Micronesia: Government deficit (% of GDP)

Percent of GDP · 1995–2023 · 29 observations · forecasts to 2031 · govdef_GDP

2023
−1.82%percent of GDP
Change on 2022
−18.6 pointsfrom 16.8%
Average, 2014–2023
11.2%10 years
Record high and low
24.4% (2018)low −15.6% (2004)

Government deficit (% of GDP)

Report error
-20%-10%0%10%20%30%19952000200520102015202020252030MicronesiaMicronesia
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-1.19Forecast
2030-0.932Forecast
2029-0.849Forecast
2028-0.645Forecast
2027-0.258Forecast
20260.391Forecast
20250.399Forecast
20241.70Forecast
2023-1.82
202216.8
20214.24
20206.20
201919.3
201824.4
201714.3
20167.14
201510.4
201411.0

Sources

This series is derived from other GMD variables.

Micronesia documentation (PDF)

More for Micronesia

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 58 series →

Government deficit (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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