Overall Fiscal Balance for General Government for Mauritania
MRTGGBGDPGDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.55
Year-over-Year Change
-11387.92%
Date Range
1/1/2002 - 1/1/2023
Summary
The Overall Fiscal Balance for General Government for Mauritania measures the difference between government revenue and expenditure as a percentage of GDP, providing insight into the country's fiscal position and economic stability.
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 Mauritania's overall fiscal balance, which is the net position of the government's budget. It represents the government's ability to manage its finances and can signal the sustainability of fiscal policies.
Methodology
The data is compiled by the International Monetary Fund using government revenue and expenditure data.
Historical Context
Policymakers and analysts use this metric to assess Mauritania's fiscal health and guide economic decision-making.
Key Facts
- Mauritania's overall fiscal balance averaged -3.78% of GDP from 2000 to 2021.
- A positive fiscal balance indicates a government budget surplus, while a negative balance indicates a deficit.
- Fiscal imbalances can impact a country's economic growth, inflation, and ability to service debt.
FAQs
Q: What does this economic trend measure?
A: The Overall Fiscal Balance for General Government for Mauritania measures the difference between the government's total revenue and total expenditure as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for assessing Mauritania's fiscal health and the sustainability of its fiscal policies, which can impact economic growth, inflation, and debt management.
Q: How is this data collected or calculated?
A: The data is compiled by the International Monetary Fund using Mauritania's government revenue and expenditure statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Mauritania's fiscal position and guide decisions on taxation, spending, and debt management.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the time required for governments to report their fiscal information.
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Citation
U.S. Federal Reserve, Overall Fiscal Balance for General Government for Mauritania (MRTGGBGDPGDPPT), retrieved from FRED.