Overall Non-Oil Fiscal Balance for General Government for Mauritania
MRTGGBXOGDPXOGDPXOPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.05
Year-over-Year Change
-35.91%
Date Range
1/1/2000 - 1/1/2023
Summary
The Overall Non-Oil Fiscal Balance for General Government for Mauritania measures the difference between the government's total revenues and total expenditures, excluding oil-related activities. This metric is important for analyzing Mauritania's fiscal health and the sustainability of its public 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 Overall Non-Oil Fiscal Balance for General Government tracks the overall balance of Mauritania's government budget, excluding revenue and spending related to the oil and gas sector. This provides a more accurate picture of the government's underlying fiscal position, which is crucial for policymakers and investors assessing the country's economic stability.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on reports from the Mauritanian government.
Historical Context
This metric is widely used by economists, policymakers, and financial analysts to evaluate Mauritania's fiscal policy and its implications for the broader economy.
Key Facts
- Mauritania's overall non-oil fiscal balance was -3.4% of GDP in 2021.
- The government aims to maintain a non-oil fiscal deficit below 3% of GDP.
- Fiscal consolidation is a key priority for Mauritania's economic reforms.
FAQs
Q: What does this economic trend measure?
A: The Overall Non-Oil Fiscal Balance for General Government for Mauritania measures the difference between the government's total revenues and total expenditures, excluding oil-related activities.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for analyzing Mauritania's fiscal health and the sustainability of its public finances, as it provides a more accurate picture of the government's underlying fiscal position, which is crucial for policymakers and investors assessing the country's economic stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on reports from the Mauritanian government.
Q: How is this trend used in economic policy?
A: This metric is widely used by economists, policymakers, and financial analysts to evaluate Mauritania's fiscal policy and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and data collection processes of the Mauritanian government and the IMF, which may result in occasional delays or limitations in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Overall Non-Oil Fiscal Balance for General Government for Mauritania (MRTGGBXOGDPXOGDPXOPT), retrieved from FRED.