Central government debt, total (% of GDP) for the Republic of the Congo
DEBTTLCGA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.48
Year-over-Year Change
-57.69%
Date Range
1/1/2009 - 1/1/2010
Summary
This economic trend measures the total central government debt as a percentage of the Republic of the Congo's gross domestic product (GDP). It provides insight into the government's fiscal position and debt sustainability.
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 central government debt-to-GDP ratio is a key indicator of a country's fiscal health. It represents the total outstanding debt owed by the central government as a proportion of the country's economic output. Analysts and policymakers closely monitor this metric to assess a government's ability to service its debt obligations.
Methodology
The data is collected and reported by the International Monetary Fund (IMF).
Historical Context
This trend is widely used by economists, investors, and international organizations to evaluate the Republic of the Congo's fiscal and economic stability.
Key Facts
- The Republic of the Congo's central government debt-to-GDP ratio was 83.5% in 2021.
- The country's debt level has fluctuated significantly over the past decade.
- High government debt can constrain a country's ability to implement expansionary fiscal policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total central government debt as a percentage of the Republic of the Congo's gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The central government debt-to-GDP ratio is a key indicator of a country's fiscal health and ability to service its debt obligations, making it crucial for assessing economic stability and policymaking.
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: Economists, investors, and international organizations use this trend to evaluate the Republic of the Congo's fiscal and economic stability, which can inform policy decisions and market assessments.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and methodological updates of the International Monetary Fund (IMF).
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Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for the Republic of the Congo (DEBTTLCGA188A), retrieved from FRED.