Congo recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2018. Congo Government Budget - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Budget in Congo averaged 0.85 percent of GDP from 1992 until 2018, reaching an all time high of 26.10 percent of GDP in 2008 and a record low of -19.65 percent of GDP in 1998. This page provides - Congo Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Budget in Congo is expected to reach -4.80 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Congo Government Budget is projected to trend around -4.80 percent of GDP in 2021, according to our econometric models.


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Congo Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-4.80 -12.50 26.10 -19.65 1992 - 2018 percent of GDP Yearly


Congo Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.