Central government debt, total (% of GDP) for Cote d'Ivoire
DEBTTLCIA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171.07
Year-over-Year Change
0.00%
Date Range
1/1/1995 - 1/1/1995
Summary
This economic trend measures the total central government debt of Cote d'Ivoire as a percentage of its gross domestic product (GDP). It is a key indicator for assessing a country's fiscal health 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 provides insight into a nation's level of indebtedness and its capacity to repay obligations. Economists and policymakers closely monitor this metric to evaluate a country's fiscal policy, creditworthiness, and potential financial risks.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF).
Historical Context
Governments use this indicator to guide fiscal and debt management policies, while investors and creditors reference it when assessing a country's credit risk.
Key Facts
- Cote d'Ivoire's central government debt-to-GDP ratio was 49.3% in 2021.
- The ratio has decreased from a high of 77.5% in 2016.
- Reducing the debt burden is a key priority for the Ivorian government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding debt of the central government of Cote d'Ivoire as a percentage of its gross domestic product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The central government debt-to-GDP ratio is a crucial indicator of a country's fiscal health and debt sustainability, providing insight into its ability to repay obligations and manage its finances.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Governments use this indicator to guide fiscal and debt management policies, while investors and creditors reference it when assessing a country's credit risk and creditworthiness.
Q: Are there update delays or limitations?
A: The data is published regularly by the IMF, with some potential for delays in reporting or revisions to historical figures.
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Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for Cote d'Ivoire (DEBTTLCIA188A), retrieved from FRED.