Democratic Republic of the Congo: Fiscal balance, percent of GDP
* indicates monthly or quarterly data series
| Democratic Republic of the Congo |
Fiscal balance, percent of GDP |
|---|---|
| Latest value | -0.40 |
| Year | 2019 |
| Measure | percent |
| Data availability | 1996 - 2019 |
| Average | 0.25 |
| Min - Max | -1.38 - 2.39 |
| Source | African Development Bank |
The latest value from 2019 is -0.4 percent, a decline from 0.4 percent in 2018. In comparison, the world average is -1.46 percent, based on data from 188 countries. Historically, the average for Democratic Republic of the Congo from 1996 to 2019 is 0.25 percent. The minimum value, -1.38 percent, was reached in 2000 while the maximum of 2.39 percent was recorded in 2013.
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Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 7.93 | 2023 | percent |
| Government spending, in dollars | 5.27 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | -0.40 | 2019 | percent |
| Government debt | 14.35 | 2022 | percent |
| Tax revenue | 11.41 | 2022 | percent |
| Commercial tax rate | 50.70 | 2019 | percent |
| Tax preparation time | 346 | 2019 | hours |
| Number of taxes | 52 | 2019 | taxes |
| Taxes on goods and services | 19.55 | 2022 | percent |
| Taxes on international trade | 6.54 | 2022 | percent |
| Income and profits taxes | 38.83 | 2022 | percent |
| Foreign aid | 3,249.77 | 2022 | million U.S. dollars |