Non-oil Revenue for General Government for Mauritania

MRTGGRXOGDPXOPT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18.91

Year-over-Year Change

19.80%

Date Range

1/1/2002 - 1/1/2023

Summary

The 'Non-oil Revenue for General Government for Mauritania' measures the non-oil tax and non-tax revenue collected by Mauritania's central government as a percentage of GDP. This indicator is important for evaluating Mauritania's fiscal health and economic diversification.

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 metric represents the portion of Mauritania's government revenue that is generated from sources other than oil and gas production. It provides insight into the breadth and sustainability of the country's tax base and public financing beyond the volatile energy sector.

Methodology

The data is collected and reported by the International Monetary Fund (IMF) based on fiscal reporting from the Mauritanian government.

Historical Context

Policymakers use this indicator to monitor Mauritania's progress in diversifying its economy and reducing reliance on hydrocarbon exports.

Key Facts

  • Mauritania's non-oil revenue was 12.4% of GDP in 2021.
  • The non-oil revenue share has increased from 10.5% of GDP in 2016.
  • Diversifying revenue sources is a key policy goal for the Mauritanian government.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the non-oil tax and non-tax revenue collected by Mauritania's central government as a percentage of its gross domestic product (GDP).

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the breadth and sustainability of Mauritania's tax base and public financing beyond the volatile energy sector, which is important for evaluating the country's fiscal health and economic diversification.

Q: How is this data collected or calculated?

A: The data is collected and reported by the International Monetary Fund (IMF) based on fiscal reporting from the Mauritanian government.

Q: How is this trend used in economic policy?

A: Policymakers use this indicator to monitor Mauritania's progress in diversifying its economy and reducing reliance on hydrocarbon exports, which is a key policy goal for the government.

Q: Are there update delays or limitations?

A: The data is published annually with a lag, so there may be a delay in accessing the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Non-oil Revenue for General Government for Mauritania (MRTGGRXOGDPXOPT), retrieved from FRED.