Credit to Government and State-Owned Enterprises to GDP for United States
DDEI08USA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.56
Year-over-Year Change
124.28%
Date Range
1/1/1980 - 1/1/2020
Summary
This economic trend measures the amount of credit extended to the government and state-owned enterprises as a percentage of the United States' GDP. It provides insights into the government's reliance on borrowing and the overall health of the public sector's finances.
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 'Credit to Government and State-Owned Enterprises to GDP' trend represents the ratio of credit extended to the public sector, including the federal government and state-owned enterprises, relative to the country's overall economic output. This metric is widely used by economists and policymakers to assess the government's fiscal position and its impact on the broader economy.
Methodology
The data is collected and calculated by the World Bank using information from national accounts and government financial statistics.
Historical Context
This trend is closely monitored by economists, financial analysts, and policymakers to evaluate the government's borrowing patterns and the potential implications for macroeconomic stability.
Key Facts
- The US government's credit to GDP ratio was 101.7% in 2021.
- This ratio has increased significantly since the 2008 financial crisis.
- High government borrowing can crowd out private investment and constrain economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of credit extended to the government and state-owned enterprises as a percentage of the United States' GDP.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the government's fiscal position and its reliance on borrowing, which can have significant implications for the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using information from national accounts and government financial statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, financial analysts, and policymakers to evaluate the government's borrowing patterns and the potential implications for macroeconomic stability.
Q: Are there update delays or limitations?
A: The data is updated annually, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for United States (DDEI08USA156NWDB), retrieved from FRED.