Central African Republic Government Debt To GDP

Central African Republic recorded a Government Debt to GDP of 21.80 percent of the countrys Gross Domestic Product in 2011. Government Debt To GDP in Central African Republic is reported by the BEAC. From 2003 until 2011, Central African Republic Government Debt To GDP averaged 57.3 percent reaching an all time high of 108.9 percent in December of 2003 and a record low of 16.9 percent in December of 2009. 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 - Central African Republic Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
21.80 19.10 108.90 16.90 22.01 | 2012/12 2003 - 2011 percent Yearly

TO

Central African Republic Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 21.80 2011-12-31 19.10 108.90 16.90 22.01 2012-12-31 percent [+]
Government Budget -3.50 2012-12-31 -2.90 9.00 -3.50 -4.30 2013-12-31 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Central African Republic Inflation Rate at 0.38 percent  
The inflation rate in Central African Republic was recorded at 0.38 percent in July of 2013. Inflation Rate in Central African Republic is reported by the Afristat.
Central African Republic Interest Rate at 3.25 Percent  
The benchmark interest rate in Central African Republic was last recorded at 3.25 percent. Interest Rate in Central African Republic is reported by the Bank of Central African States.
Central African Republic Sales Tax Rate | VAT at 19.00 Percent  
The Sales Tax Rate in Central African Republic stands at 19 percent. Sales Tax Rate in Central African Republic is reported by the Ministry of Finance.
Central African Republic Balance of Trade at -66.60 CFA Franc Billion  
Central African Republic recorded a trade deficit of 66.60 CFA Franc Billion in 2009. Balance of Trade in Central African Republic is reported by the Bank of Central African States.
Central African Republic Current Account at -67.20 CFA Franc Billion  
Central African Republic recorded a Current Account deficit of 67.20 CFA Franc Billion in 2009. Current Account in Central African Republic is reported by the Bank of Central African States.
Central African Republic GDP per capita at 369.33 USD  
The Gross Domestic Product per capita in Central African Republic was last recorded at 369.33 US dollars in 2012. The GDP per Capita in Central African Republic is equivalent to 3 percent of the worlds average. GDP per capita in Central African Republic is reported by the World Bank.
Central African Republic GDP per capita PPP at 738.65 USD  
The Gross Domestic Product per capita in Central African Republic was last recorded at 738.65 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Central African Republic, when adjusted by Purchasing Power Parity is equivalent to 3 percent of the worlds average. GDP per capita PPP in Central African Republic is reported by the World Bank.
Central African Republic Population at 4.53 million  
The total population in Central African Republic was last recorded at 4.5 million people in 2012 from 1.5 million in 1960, changing 202 percent during the last 50 years. Population in Central African Republic is reported by the World Bank.
Central African Republic GDP at 2.14 USD Billion  
The Gross Domestic Product (GDP) in Central African Republic was worth 2.14 billion US dollars in 2012. The GDP value of Central African Republic represents less than 0.01 percent of the world economy. GDP in Central African Republic is reported by the World Bank.
Central African Republic Government Budget at -3.50 Percent of GDP  
Central African Republic recorded a Government Budget deficit equal to 3.50 percent of the countrys Gross Domestic Product in 2012.
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