Government Budget in Congo decreased to -0.70 percent of GDP in 2019 from -0.20 percent of GDP in 2018. source: Banque Centrale du Congo

Government Budget in Congo averaged 1.17 percent of GDP from 1992 until 2019, 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. Congo Government Budget - values, historical data and charts - was last updated on May of 2021.

Government Budget in Congo is expected to reach -1.60 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Congo Government Budget is projected to trend around -2.50 percent of GDP in 2022 and -1.70 percent of GDP in 2023, according to our econometric models.

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Congo Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-1.20 -0.80 26.10 -19.65 1992 - 2020 percent of GDP Yearly

Congo Government Last Previous Highest Lowest Unit
Government Debt to GDP 15.20 14.80 181.60 14.80 percent [+]
Government Budget -1.20 -0.80 26.10 -19.65 percent of GDP [+]
Government Budget Value 40248.00 -61969.00 308054.00 -315067.00 CDF Million [+]
Government Revenues 644911.00 931404.00 1037913.00 87123.86 CDF Million [+]
Fiscal Expenditure 604663.00 993373.00 6166460.00 85917.78 CDF Million [+]
Military Expenditure 341.00 295.00 508.00 21.60 USD Million [+]
Credit Rating 20.00 [+]


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.