Credit to Government and State-Owned Enterprises to GDP for Congo
DDEI08CGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.33
Year-over-Year Change
624.32%
Date Range
1/1/1980 - 1/1/2019
Summary
This economic trend measures the ratio of credit extended to the government and state-owned enterprises relative to the country's GDP in the Democratic Republic of the Congo. It provides insights into the government's financing sources and reliance on debt.
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 'Credit to Government and State-Owned Enterprises to GDP' ratio represents the level of financial resources channeled to the public sector in the Democratic Republic of the Congo. This metric is used by economists and policymakers to assess the government's fiscal position and its impact on overall economic activity.
Methodology
The data is collected and calculated by the World Bank based on financial reports and national accounts.
Historical Context
This trend is relevant for understanding the financial health of the Congolese government and its potential impact on economic stability and growth.
Key Facts
- The ratio reached a high of 13.56% in 2018.
- Credit to the public sector declined from 2010 to 2016.
- The trend reflects the government's reliance on debt financing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the ratio of credit extended to the government and state-owned enterprises relative to the Democratic Republic of the Congo's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the Congolese government's financing sources and its reliance on debt, which is important for assessing fiscal sustainability and economic stability.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on financial reports and national accounts.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the government's fiscal position and its potential impact on the broader economy in the Democratic Republic of the Congo.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be delays in reporting or gaps in coverage for certain years.
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Citation
U.S. Federal Reserve, Credit to Government and State-Owned Enterprises to GDP for Congo (DDEI08CGA156NWDB), retrieved from FRED.