Cash surplus/deficit (% of GDP) for the Republic of the Congo
CASHBLCGA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.45
Year-over-Year Change
-254.17%
Date Range
1/1/1992 - 1/1/2005
Summary
The cash surplus/deficit (% of GDP) for the Republic of the Congo measures the difference between government revenues and expenditures as a percentage of the country's GDP. This metric is a key indicator of the Congo's fiscal health and macroeconomic stability.
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
The cash surplus/deficit represents the Congo's ability to cover its spending obligations through tax and other revenue collections. It provides insight into the government's fiscal policies and the overall balance between public income and outgoings.
Methodology
The data is calculated by the International Monetary Fund based on national accounts and budget information.
Historical Context
Policymakers and economists use this trend to assess the Congo's fiscal sustainability and guide decisions on taxation, spending, and public debt management.
Key Facts
- The Congo has run a fiscal deficit for most of the past decade.
- High government spending on public sector wages and subsidies contributes to the deficit.
- Fluctuations in oil revenue, the Congo's main export, impact the fiscal balance.
FAQs
Q: What does this economic trend measure?
A: The cash surplus/deficit (% of GDP) for the Republic of the Congo measures the difference between the Congolese government's total revenues and total expenditures as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the Congo's fiscal health and ability to fund public services and programs. It is a key indicator used by policymakers, economists, and investors to assess the government's fiscal sustainability and management.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on national accounts and budget information provided by the Congolese government.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the cash surplus/deficit trend to inform decisions on taxation, government spending, public debt management, and overall fiscal policy in the Republic of the Congo.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and updates due to the challenges of collecting accurate fiscal information in the Congo. Users should be aware of potential lags or revisions in the published figures.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for the Republic of the Congo (CASHBLCGA188A), retrieved from FRED.