Goods and services expense in Congo
Congo: Goods and services expense was 359.00 billion current LCU in 2021. ▲ Rising
Goods and services expense in Congo, 2001–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in Congo is 359.00 billion current LCU, measured in 2021.
Compared with earlier readings it is up 67.2% on the previous year and up 15.9% over ten years.
Over the whole period, goods and services expense in Congo peaked at 489.16 billion current LCU in 2014 and was at its lowest, 87.10 billion current LCU, in 2001.
Congo ranks 39th of 155 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 173.60 billion current LCU | 87.10 billion current LCU | 257.32 billion current LCU | 9 |
| 2010s | 341.15 billion current LCU | 174.32 billion current LCU | 489.16 billion current LCU | 10 |
| 2020s | 286.85 billion current LCU | 214.70 billion current LCU | 359.00 billion current LCU | 2 |
Countries ranked near Congo
- 36 Mexico 514.45 billion current LCU compare
- 37 United States 467.27 billion current LCU compare
- 38 Bangladesh 433.94 billion current LCU compare
- 40 Serbia 334.69 billion current LCU compare
- 41 Burkina Faso 313.60 billion current LCU compare
- 42 Saudi Arabia 313.02 billion current LCU compare
More public sector data for Congo
- Arms imports 3.00 million SIPRI trend indicator values (2021)
- Tax revenue 6.5% (2021)
- Taxes on income, profits and capital gains 8.6% (2021)
- Taxes on goods and services 13.8% (2021)
- Net investment in nonfinancial assets 3.1% (2021)
- Net lending (+) / net borrowing (-) 1.3% (2021)
- Interest payments 9.0% (2021)
- Grants and other revenue 68.3% (2021)
- Interest payments 11.5% (2021)
- Other taxes 2.7% (2021)
Frequently asked questions
- What is goods and services expense in Congo?
- Goods and services expense in Congo was 359.00 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Congo?
- The highest recorded value was 489.16 billion current LCU in 2014.
- What is the lowest goods and services expense recorded in Congo?
- The lowest recorded value was 87.10 billion current LCU in 2001.
- How does Congo rank for goods and services expense?
- Congo ranks 39th out of 155 countries with data for 2021.
- Is goods and services expense rising or falling in Congo?
- Over the last ten years it is up 15.9%. The long-run trend across the full record is rising.
- Where does this Congo data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.