Fiscal Balance in Micronesia, Federated States of
The fiscal balance averaged 10.3% of GDP in the decade to 2021, in Micronesia, Federated States of. The fiscal balance in 2021 was 4.7% of GDP. For more fiscal balance information, visit our dedicated page.
Micronesia, Federated States of Fiscal Balance Chart
Micronesia, Federated States of Fiscal Balance Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Fiscal Balance (% of GDP) | 19.9 | 6.7 | 4.7 | - | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Micronesian fiscal balance projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Micronesian fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Micronesian fiscal balance projections.
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