Government Debt to GDP in Republic of the Congo decreased to 14.80 percent in 2019 from 15.30 percent in 2018. source: International Monetary Fund

Government Debt to GDP in Republic of the Congo averaged 114.27 percent from 1990 until 2019, reaching an all time high of 270.18 percent in 1994 and a record low of 14.80 percent in 2019. This page provides - Republic of the Congo Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Republic of the Congo Government Debt to GDP - values, historical data and charts - was last updated on January of 2021.

Government Debt to GDP in Republic of the Congo is expected to reach 16.10 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Republic of the Congo Government Debt to GDP is projected to trend around 13.40 percent in 2021 and 11.00 percent in 2022, according to our econometric models.

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Republic of the Congo Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
14.80 15.30 270.18 14.80 1990 - 2019 percent Yearly

Republic of the Congo Government Last Previous Highest Lowest Unit
Government Debt to GDP 14.80 15.30 270.18 14.80 percent [+]
Government Budget 8.80 6.80 8.80 -14.37 percent of GDP [+]
Credit Rating 20.00 [+]
Military Expenditure 273.00 372.00 635.00 43.00 USD Million [+]


Republic of the Congo Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.