General Government Net Lending/Borrowing for Ecuador
ECUGGXCNLGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.33
Year-over-Year Change
-53.02%
Date Range
1/1/1995 - 1/1/2024
Summary
The General Government Net Lending/Borrowing for Ecuador measures the difference between the government's revenue and expenditure. It is an important economic indicator for analyzing Ecuador's fiscal position and sustainability.
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 trend represents the net lending or net borrowing of the general government sector in Ecuador. It is the balance between total revenue and total expenditure, indicating whether the government is in a surplus or deficit position.
Methodology
The data is calculated by the International Monetary Fund based on government financial statistics.
Historical Context
This metric is widely used by policymakers, economists, and financial analysts to assess Ecuador's fiscal health and guide economic policies.
Key Facts
- Ecuador's general government net lending/borrowing was -5.27% of GDP in 2021.
- The trend has fluctuated between surpluses and deficits over the past decade.
- This indicator is closely monitored by the IMF and other international institutions.
FAQs
Q: What does this economic trend measure?
A: The General Government Net Lending/Borrowing for Ecuador measures the difference between the government's total revenue and total expenditure, indicating whether the government is in a surplus or deficit position.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for analyzing Ecuador's fiscal health and sustainability, as it provides insights into the government's ability to finance its activities and manage its debt.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund based on government financial statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial analysts use this indicator to assess Ecuador's fiscal position and guide economic policies, such as decisions on taxation, spending, and debt management.
Q: Are there update delays or limitations?
A: The data is published with a delay, and there may be revisions to historical figures as new information becomes available.
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Citation
U.S. Federal Reserve, General Government Net Lending/Borrowing for Ecuador (ECUGGXCNLGDP), retrieved from FRED.