General Government Gross Debt for El Salvador
SLVGGXWDGGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.89
Year-over-Year Change
2.50%
Date Range
1/1/1991 - 1/1/2030
Summary
The General Government Gross Debt for El Salvador measures the total debt owed by the Salvadoran government, providing insight into the country's fiscal health and ability to service its financial obligations.
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 represents the outstanding debt of El Salvador's central government, local governments, and social security funds. It is a key metric used by economists and policymakers to assess the sustainability of the government's fiscal policies and the country's overall economic stability.
Methodology
The data is collected and reported by the International Monetary Fund (IMF).
Historical Context
This trend is closely watched by international investors, credit rating agencies, and economic analysts to gauge El Salvador's creditworthiness and risk profile.
Key Facts
- El Salvador's government debt reached 90.7% of GDP in 2021.
- The debt-to-GDP ratio has increased significantly from 58.8% in 2019.
- High government debt levels can constrain a country's ability to respond to economic shocks.
FAQs
Q: What does this economic trend measure?
A: The General Government Gross Debt for El Salvador measures the total outstanding debt owed by the Salvadoran government, including the central government, local governments, and social security funds.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for evaluating El Salvador's fiscal sustainability, creditworthiness, and overall economic stability. It is closely monitored by investors, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Governments, central banks, and international organizations use this indicator to assess the sustainability of fiscal policies and make informed decisions about economic and financial strategies.
Q: Are there update delays or limitations?
A: The data is published annually by the IMF, with some potential for delays in reporting.
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Citation
U.S. Federal Reserve, General Government Gross Debt for El Salvador (SLVGGXWDGGDP), retrieved from FRED.