Central government debt, total (% of GDP) for El Salvador
DEBTTLSVA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.19
Year-over-Year Change
87.29%
Date Range
1/1/1998 - 1/1/2023
Summary
This economic trend measures El Salvador's central government debt as a percentage of its gross domestic product (GDP). It is a key indicator of a country's fiscal health and solvency.
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 provides insight into a country's ability to manage its public finances. It is closely monitored by policymakers, investors, and international institutions to assess fiscal sustainability and creditworthiness.
Methodology
The data is calculated by the World Bank using government finance statistics.
Historical Context
This metric is widely used to evaluate a country's fiscal policy and debt burden in relation to the overall size of its economy.
Key Facts
- El Salvador's central government debt-to-GDP ratio was 92.5% in 2021.
- The ratio has increased from 59.4% in 2010, indicating growing debt burden.
- High debt levels can constrain a country's ability to respond to economic shocks.
FAQs
Q: What does this economic trend measure?
A: This trend measures El Salvador's central government debt as a percentage of its gross domestic product (GDP), providing insight into the country's fiscal health and solvency.
Q: Why is this trend relevant for users or analysts?
A: The central government debt-to-GDP ratio is a key indicator used by policymakers, investors, and international institutions to assess a country's fiscal sustainability and creditworthiness.
Q: How is this data collected or calculated?
A: The data is calculated by the World Bank using government finance statistics.
Q: How is this trend used in economic policy?
A: This metric is widely used to evaluate a country's fiscal policy and debt burden in relation to the overall size of its economy, informing decisions by policymakers, markets, and international institutions.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and accuracy of government reporting, which may result in occasional update delays or revisions.
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Citation
U.S. Federal Reserve, Central government debt, total (% of GDP) for El Salvador (DEBTTLSVA188A), retrieved from FRED.