Net Lending/borrowing of General Government for Senegal
SENGGXCNLG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.03
Year-over-Year Change
29.03%
Date Range
1/1/2000 - 1/1/2026
Summary
The 'Net Lending/borrowing of General Government for Senegal' measures the difference between government revenue and expenditure as a percentage of GDP, providing insights into the country's fiscal policy and financial health.
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 trend represents the net lending or borrowing position of the Senegalese government, indicating whether the government is a net lender or borrower in a given period. It is a crucial indicator for evaluating the sustainability of fiscal policies and the government's ability to manage its finances.
Methodology
The data is calculated by the International Monetary Fund (IMF) based on government budget and national account information.
Historical Context
Policymakers and economists use this metric to assess the government's fiscal stance and its impact on the broader economy.
Key Facts
- Senegal's net lending/borrowing was -3.3% of GDP in 2021.
- The trend has fluctuated between -6.2% and 0.1% of GDP over the past decade.
- Improving the government's fiscal position is a key policy objective for Senegal.
FAQs
Q: What does this economic trend measure?
A: The 'Net Lending/borrowing of General Government for Senegal' measures the difference between the government's total revenue and total expenditure as a percentage of the country's GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating the sustainability of Senegal's fiscal policies and the government's ability to manage its finances, which has implications for the country's economic growth and development.
Q: How is this data collected or calculated?
A: The data is calculated by the International Monetary Fund (IMF) based on government budget and national account information.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the government's fiscal stance and its impact on the broader Senegalese economy, informing decisions on fiscal policy, government spending, and debt management.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be revisions to historical figures as more information becomes available.
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Citation
U.S. Federal Reserve, Net Lending/borrowing of General Government for Senegal (SENGGXCNLG01GDPPT), retrieved from FRED.