Gross Debt Position of the General Government for Benin
BENGGXWDGG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.24
Year-over-Year Change
129.97%
Date Range
1/1/2000 - 1/1/2026
Summary
The Gross Debt Position of the General Government for Benin measures the total outstanding debt of the country's central government, state governments, and local governments as a percentage of its gross domestic product (GDP).
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 metric provides insight into Benin's fiscal health and ability to service its debt obligations. It is closely monitored by policymakers, investors, and international financial institutions to assess the sustainability of the government's fiscal policies and borrowing practices.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on reports from national authorities.
Historical Context
Governments use this indicator to guide fiscal policy decisions, while markets and analysts use it to evaluate Benin's creditworthiness and investment risk.
Key Facts
- Benin's government debt-to-GDP ratio was 40.4% in 2021.
- The debt position has increased from 25.4% of GDP in 2010.
- High government debt can constrain a country's ability to invest in economic development.
FAQs
Q: What does this economic trend measure?
A: The Gross Debt Position of the General Government for Benin measures the total outstanding debt of the country's central government, state governments, and local governments as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Benin's fiscal health and ability to service its debt obligations, which is closely monitored by policymakers, investors, and international financial institutions to assess the sustainability of the government's fiscal policies and borrowing practices.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on reports from national authorities.
Q: How is this trend used in economic policy?
A: Governments use this indicator to guide fiscal policy decisions, while markets and analysts use it to evaluate Benin's creditworthiness and investment risk.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodological changes of the IMF, which may result in occasional delays or revisions.
Related Trends
Geographical Outreach: Number of Commercial Banks for Benin
BENFCIODCNUM
Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Commercial Banks for Benin
BENFCDODCSPENUM
Nominal Gross Capital Formation for Benin
BENNIGDPPT
Number of Identified Exporters to Benin from Kentucky
KYBENA475SCEN
Lerner Index in Banking Market for Benin
DDOI04BJA066NWDB
Value of Exports to Benin from Illinois
ILBENA052SCEN
Citation
U.S. Federal Reserve, Gross Debt Position of the General Government for Benin (BENGGXWDGG01GDPPT), retrieved from FRED.