Government Debt to GDP in Congo increased to 84 percent in 2019 from 79 percent in 2018. source: International Monetary Fund (IMF)

Government Debt to GDP in Congo averaged 107.27 percent from 2000 until 2019, reaching an all time high of 204.40 percent in 2003 and a record low of 42.30 percent in 2011. This page provides - Congo Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Congo Government Debt to GDP - values, historical data and charts - was last updated on February of 2021.

Government Debt to GDP in Congo is expected to reach 105.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Congo Government Debt to GDP is projected to trend around 98.00 percent in 2021 and 90.00 percent in 2022, according to our econometric models.

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Congo Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
84.00 79.00 204.40 42.30 2000 - 2019 percent Yearly

Congo Government Last Previous Highest Lowest Unit
Government Debt to GDP 84.00 79.00 204.40 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 [+]
Credit Rating 20.00 [+]
Government Budget Value -20549.00 37980.00 308054.00 -315067.00 CDF Million [+]
Government Revenues 572341.00 863769.00 1037913.00 87123.86 CDF Million [+]
Fiscal Expenditure 592891.00 825788.00 6166460.00 85917.78 CDF Million [+]

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.