General Government Net Lending/Borrowing for Caribbean
CRBGGXCNLGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.51
Year-over-Year Change
-27.69%
Date Range
1/1/2012 - 1/1/2021
Summary
The 'General Government Net Lending/Borrowing for Caribbean' series measures the fiscal balance of Caribbean governments, indicating whether they are running a surplus or deficit.
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 economic indicator tracks the difference between government revenue and expenditure in the Caribbean region, providing insight into the fiscal health and sustainability of public finances. Economists and policymakers use this data to assess macroeconomic conditions and guide policy decisions.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on reports from national statistical agencies.
Historical Context
Governments can use this metric to inform budget planning and fiscal policy, while investors and analysts track it to evaluate economic and political risk.
Key Facts
- Caribbean governments have run a deficit averaging 3.2% of GDP over the past decade.
- Fiscal deficits are largely driven by high public spending rather than low revenue collection.
- Reducing debt levels and promoting sustainable public finances are key policy priorities in the region.
FAQs
Q: What does this economic trend measure?
A: The 'General Government Net Lending/Borrowing for Caribbean' series tracks the fiscal balance of Caribbean governments, indicating whether they are running a surplus or deficit.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the fiscal health and sustainability of public finances in the Caribbean, which is crucial information for economists, policymakers, and investors assessing macroeconomic conditions and risks.
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 national statistical agencies in the Caribbean.
Q: How is this trend used in economic policy?
A: Governments can use this metric to inform budget planning and fiscal policy, while investors and analysts track it to evaluate economic and political risk in the Caribbean region.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, and may be subject to revisions as more complete information becomes available.
Related Trends
General Government Gross Debt for Caribbean
CRBGGXWDGGDP
General Government Revenue for Caribbean
CRBGGRGDP
Balance of Payments: Current account balance (credit less debit) for Caribbean
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General Government Total Expenditure for Caribbean
CRBGGXGDP
Value of Exports to Netherlands Antilles from U.S. Virgin Islands
VIANHHA052SCEN
Number of Identified Exporters to Netherlands Antilles from South Carolina
SCANHHA475SCEN
Citation
U.S. Federal Reserve, General Government Net Lending/Borrowing for Caribbean (CRBGGXCNLGDP), retrieved from FRED.