Overall Fiscal Balance for General Government for Kyrgyz Republic
KGZGGBGDPGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.40
Year-over-Year Change
-70.15%
Date Range
1/1/2000 - 1/1/2023
Summary
The Overall Fiscal Balance for General Government for Kyrgyz Republic measures the difference between the government's total revenue and total expenditure as a percentage of GDP. This metric is crucial for evaluating the fiscal health and sustainability of the Kyrgyz economy.
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 Overall Fiscal Balance tracks the government's net borrowing or net lending position. A positive balance indicates a fiscal surplus, while a negative balance signals a fiscal deficit. Economists and policymakers use this data to assess the government's ability to manage its finances and make informed decisions about fiscal policy.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) as part of their Government Finance Statistics program.
Historical Context
The Overall Fiscal Balance is widely used by international organizations, analysts, and policymakers to monitor the Kyrgyz government's fiscal performance and its implications for the broader economy.
Key Facts
- The Kyrgyz Republic has experienced fiscal deficits in recent years.
- Improving the fiscal balance is a key priority for the Kyrgyz government.
- The Overall Fiscal Balance is a critical indicator of the government's ability to manage its finances.
FAQs
Q: What does this economic trend measure?
A: The Overall Fiscal Balance for General Government for Kyrgyz Republic measures the difference between the government's total revenue and total expenditure as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating the fiscal health and sustainability of the Kyrgyz economy, as it provides insights into the government's ability to manage its finances.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) as part of their Government Finance Statistics program.
Q: How is this trend used in economic policy?
A: The Overall Fiscal Balance is widely used by international organizations, analysts, and policymakers to monitor the Kyrgyz government's fiscal performance and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and limitations of the IMF's Government Finance Statistics program.
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Citation
U.S. Federal Reserve, Overall Fiscal Balance for General Government for Kyrgyz Republic (KGZGGBGDPGDPPT), retrieved from FRED.