Net Lending/borrowing of General Government for Benin
BENGGXCNLG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.90
Year-over-Year Change
75.70%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Net Lending/borrowing of General Government for Benin' measures the difference between government revenue and expenditure as a percentage of GDP for Benin. This key fiscal indicator provides insight into the country's public sector financial position.
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
This metric represents the overall balance of payments between the general government sector and the rest of the economy in Benin. It is used by economists and policymakers to assess the sustainability of the government's fiscal policy and its potential impact on the broader economy.
Methodology
The data is calculated by the International Monetary Fund based on Benin's national accounts statistics.
Historical Context
Monitoring this trend is important for evaluating Benin's macroeconomic stability and informing fiscal and monetary policy decisions.
Key Facts
- Benin's net lending/borrowing was -4.9% of GDP in 2021.
- A positive value indicates a government budget surplus, while a negative value indicates a deficit.
- The metric is reported quarterly by the IMF for Benin and other countries.
FAQs
Q: What does this economic trend measure?
A: This metric measures the difference between the Benin government's total revenue and total expenditure as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This fiscal indicator provides insight into the sustainability of Benin's government finances and its potential impact on the broader economy, making it relevant for economists, policymakers, and financial analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on Benin's national accounts statistics.
Q: How is this trend used in economic policy?
A: Monitoring this trend is important for evaluating Benin's macroeconomic stability and informing fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The metric is reported quarterly by the IMF, but there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Net Lending/borrowing of General Government for Benin (BENGGXCNLG01GDPPT), retrieved from FRED.