The ratio of government expenditure to GDP in the Bahamas was forecast to continuously decrease between 2024 and 2029 by in total 1.5 percentage points. According to this forecast in 2029, the ratio will have decreased for the eighth consecutive year to 22.98 percent. 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.
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IMF. (April 22, 2024). The Bahamas: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/
IMF. "The Bahamas: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029." Chart. April 22, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/
IMF. (2024). The Bahamas: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/
IMF. "The Bahamas: Ratio of Government Expenditure to Gross Domestic Product (Gdp) from 2019 to 2029." Statista, Statista Inc., 22 Apr 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/
IMF, The Bahamas: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/ (last visited September 20, 2024)
The Bahamas: Ratio of government expenditure to gross domestic product (GDP) from 2019 to 2029 [Graph], IMF, April 22, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/578554/ratio-of-government-expenditure-to-gross-domestic-product-gdp-in-the-bahamas/