Total Expenditure of General Government for Benin
BENGGXG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.10
Year-over-Year Change
34.28%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Total Expenditure of General Government for Benin' tracks government spending as a percentage of the country's GDP. This metric is important for economists and policymakers to assess the size and role of the public sector in Benin's economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total expenditure of Benin's general government, including both central and local governments, as a percentage of the country's gross domestic product (GDP). It provides insight into the government's fiscal policies and the overall size of the public sector relative to the broader economy.
Methodology
The data is collected and reported by the International Monetary Fund (IMF).
Historical Context
This indicator is closely monitored by economists, investors, and policymakers to understand Benin's fiscal and economic conditions.
Key Facts
- Benin's general government expenditure was 20.8% of GDP in 2020.
- Government spending has increased from 15.5% of GDP in 2010 to 20.8% in 2020.
- Benin's government expenditure is higher than the average for sub-Saharan Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total expenditure of Benin's general government, including both central and local governments, as a percentage of the country's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for understanding the size and role of the public sector in Benin's economy, as well as the government's fiscal policies and their impact on economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, investors, and policymakers to assess Benin's fiscal and economic conditions, and to inform policy decisions related to government spending, taxation, and economic development.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and publication schedule of the IMF, which may result in occasional delays or limitations in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Total Expenditure of General Government for Benin (BENGGXG01GDPPT), retrieved from FRED.