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Micronesia: Government expenditure (% of GDP)

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

2023
63.2%percent of GDP
Change on 2022
+3.8 pointsfrom 59.4%
Average, 2014–2023
60.4%10 years
Record high and low
77.2% (1995)low 55.0% (2014)

Government expenditure (% of GDP)

Report error
50%55%60%65%70%75%80%19952000200520102015202020252030MicronesiaMicronesia
ForecastPercent of GDP

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

Recent values

Percent of GDP

YearValue
203163.4Forecast
203065.7Forecast
202970.0Forecast
202869.9Forecast
202766.9Forecast
202662.0Forecast
202560.2Forecast
202459.8Forecast
202363.2
202259.4
202166.7
202060.8
201957.5
201856.8
201765.2
201662.9
201556.5
201455.0

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 expenditure (% 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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