Central government debt, total (% of GDP) for the Slovak Republic
DEBTTLSKA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.34
Year-over-Year Change
41.14%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total central government debt as a percentage of the Slovak Republic's GDP. It is a key indicator of a country's fiscal health and ability to service its debt obligations.
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 central government debt-to-GDP ratio tracks the size of a country's government debt compared to its economic output. This metric is widely used by economists, policymakers, and investors to assess a government's fiscal sustainability and creditworthiness.
Methodology
The data is collected and reported by the International Monetary Fund (IMF).
Historical Context
This trend is closely monitored by global financial markets and institutions to evaluate the Slovak Republic's economic and policy environment.
Key Facts
- The Slovak Republic's central government debt-to-GDP ratio was 59.7% in 2021.
- Government debt levels are a key consideration for credit rating agencies and international lenders.
- High debt-to-GDP ratios can limit a country's fiscal policy options and increase borrowing costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total central government debt of the Slovak Republic as a percentage of its gross domestic product (GDP). It is a key indicator of the government's fiscal health and borrowing capacity.
Q: Why is this trend relevant for users or analysts?
A: The central government debt-to-GDP ratio is a widely watched metric that provides insight into a country's fiscal sustainability and creditworthiness. It is used by policymakers, investors, and institutions to assess economic and policy risks.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Governments, central banks, and international institutions closely monitor the central government debt-to-GDP ratio to evaluate a country's fiscal policy, debt management, and overall economic stability. This metric informs decision-making on taxation, spending, and borrowing.
Q: Are there update delays or limitations?
A: The central government debt-to-GDP data for the Slovak Republic is published annually by the IMF, with some potential for delays in reporting.
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Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for the Slovak Republic (DEBTTLSKA188A), retrieved from FRED.