Congo recorded a Government Budget deficit equal to 4.80 percent of the country's Gross Domestic Product in 2018. 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.

Government Budget in Congo is expected to be -4.80 percent of GDP by the end of this quarter, 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 2020, 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.

Congo Government Last Previous Highest Lowest Unit
Government Debt to GDP 98.50 125.40 204.40 42.30 percent [+]
Government Budget -4.80 -12.50 26.10 -19.65 percent of GDP [+]
Military Expenditure 267.00 295.00 456.00 19.00 USD Million [+]
Government Budget Value 245990.00 96490.00 315067.00 -192333.48 CDF Million [+]
Government Revenues 486836.00 867364.00 1037913.00 87123.86 CDF Million [+]
Fiscal Expenditure 732826.00 770874.00 820125.68 85917.78 CDF Million [+]
Credit Rating 20.00 [+]