Republic of the Congo recorded a government debt equivalent to 15.70 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Republic of the Congo averaged 117.60 percent from 1990 until 2018, reaching an all time high of 270.18 percent in 1994 and a record low of 15.70 percent in 2018.

Government Debt to GDP in Republic of the Congo is expected to be 25.00 percent by the end of this quarter, 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 30.00 percent in 2020, according to our econometric models.

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Republic of the Congo Government Debt to GDP
Republic of the Congo Government Last Previous Highest Lowest Unit
Government Debt to GDP 15.70 18.10 270.18 15.70 percent [+]
Government Budget -5.10 -5.60 1.20 -14.37 percent of GDP [+]
Credit Rating 30.00 [+]
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. 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 - actual data, historical chart and calendar of releases - was last updated on November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
15.70 18.10 270.18 15.70 1990 - 2018 percent Yearly

Country Last Previous
Japan 238.20 Dec/18 238
Italy 134.80 Dec/18 134
Singapore 112.20 Dec/18 111
United States 106.10 Dec/18 105
France 98.40 Dec/18 98.4
Spain 97.60 Dec/18 98.6
Canada 89.70 Dec/18 90.1
Euro Area 87.90 Dec/18 89.8
Argentina 86.20 Dec/18 56.6
United Kingdom 81.70 Dec/19 83.3
Brazil 77.22 Dec/18 74.07
India 68.30 Dec/18 68.9
Germany 61.90 Dec/18 65.3
South Africa 55.80 Dec/18 53.1
Netherlands 52.40 Dec/18 56.9
China 50.50 Dec/18 46.8
Mexico 46.00 Dec/18 46
Australia 40.70 Dec/18 40.7
South Korea 36.60 Dec/18 36.3
Turkey 30.40 Dec/18 28.3
Indonesia 29.80 Dec/18 28.7
Switzerland 27.70 Dec/18 29.3
Saudi Arabia 19.10 Dec/18 17.2
Russia 13.50 Dec/17 12.9