General Government Primary Net Lending/Borrowing for El Salvador
SLVGGXONLBGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.69
Year-over-Year Change
310.34%
Date Range
1/1/1990 - 1/1/2030
Summary
The General Government Primary Net Lending/Borrowing for El Salvador measures the fiscal balance of the government, excluding interest payments. It is a key indicator of fiscal sustainability and a driver of economic growth.
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 difference between government revenue and non-interest expenditure, expressed as a percentage of GDP. It provides insight into a country's fiscal position and helps analysts assess the government's ability to manage its public finances.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on reports from the El Salvadoran government.
Historical Context
Policymakers and investors use this metric to evaluate the fiscal health of the El Salvadoran economy and its implications for economic stability and growth.
Key Facts
- El Salvador's General Government Primary Net Lending/Borrowing averaged -2.1% of GDP from 2010 to 2019.
- The metric reached a high of -0.2% of GDP in 2018 and a low of -3.4% of GDP in 2016.
- A positive value indicates a fiscal surplus, while a negative value signifies a fiscal deficit.
FAQs
Q: What does this economic trend measure?
A: The General Government Primary Net Lending/Borrowing for El Salvador measures the government's fiscal balance, excluding interest payments, as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the sustainability of El Salvador's public finances and the government's ability to manage its fiscal position, which is crucial for economic stability and growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on reports from the El Salvadoran government.
Q: How is this trend used in economic policy?
A: Policymakers and investors use this metric to evaluate the fiscal health of the El Salvadoran economy and its implications for economic stability and growth.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and there may be revisions to historical values as more information becomes available.
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Citation
U.S. Federal Reserve, General Government Primary Net Lending/Borrowing for El Salvador (SLVGGXONLBGDP), retrieved from FRED.