Credit to government and state-owned enterprises to GDP (%)

This indicator represents the proportion of financial resources allocated to government bodies and state-owned enterprises relative to the total economic output, expressed as a percentage of GDP. It is derived from the International Monetary Fund’s electronic International Financial Statistics, specifically aggregating data from lines 22A, 22B, and 22C, which reflect various types of credit extended to public sectors. The GDP figure is obtained from line 99B..ZF or, in its absence, from line 99B.CZF, both of which denote local currency measures of GDP. Analyzing this ratio provides critical insights into the fiscal health of a country, illustrating the reliance of public sectors on credit markets and the overall impact on economic stability and growth prospects. Source: