Goods and Services: Credit for Congo, Republic of

COGBXGSBP6GDPPT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

48.12

Year-over-Year Change

46.06%

Date Range

1/1/2000 - 1/1/2026

Summary

This series measures gross domestic product (GDP) from expenditures on goods and services in the Republic of the Congo. It provides key insights into the country's economic activity and growth.

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 Goods and Services: Credit for Congo, Republic of series tracks the total value of all final goods and services produced within the Republic of the Congo. It is a fundamental macroeconomic indicator used to assess the overall health and performance of the Congolese economy.

Methodology

The data is collected and calculated by the World Bank based on official government sources.

Historical Context

Policymakers and analysts use this GDP data to inform economic and fiscal policy decisions.

Key Facts

  • The Republic of the Congo is a Central African country.
  • GDP is a key measure of a country's economic output and prosperity.
  • This data series is published quarterly by the World Bank.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of all final goods and services produced within the Republic of the Congo, which is a key indicator of the country's economic activity and growth.

Q: Why is this trend relevant for users or analysts?

A: GDP data is essential for policymakers, economists, and investors to assess the overall health and performance of a country's economy and make informed decisions.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank based on official government sources in the Republic of the Congo.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this GDP data to inform economic and fiscal policy decisions, such as budgeting, monetary policy, and economic development strategies.

Q: Are there update delays or limitations?

A: The data is published quarterly by the World Bank, and there may be some delays in the availability of the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Goods and Services: Credit for Congo, Republic of (COGBXGSBP6GDPPT), retrieved from FRED.