Goods and services expense in Congo
Congo: Goods and services expense was 27.1% in 2021. ▬ Flat
Goods and services expense in Congo, 2001–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Congo recorded 27.1% for goods and services expense in 2021.
Compared with earlier readings it is up 48.1% on the previous year and down 34.4% over ten years.
Over the whole period, goods and services expense in Congo peaked at 43.3% in 2014 and was at its lowest, 13.1%, in 2019.
That places Congo 25th out of 154 countries with data for 2021, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.9% | 17.7% | 40.5% | 9 |
| 2010s | 33.7% | 13.1% | 43.3% | 10 |
| 2020s | 22.7% | 18.3% | 27.1% | 2 |
Countries ranked near Congo
- 22 Rwanda 27.8% compare
- 23 Democratic Republic of Congo 27.5% compare
- 24 Saudi Arabia 27.4% compare
- 26 Marshall Islands 25.9% compare
- 27 Uganda 25.6% compare
- 28 Equatorial Guinea 25.4% 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 27.1% 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 43.3% in 2014.
- What is the lowest goods and services expense recorded in Congo?
- The lowest recorded value was 13.1% in 2019.
- How does Congo rank for goods and services expense?
- Congo ranks 25th out of 154 countries with data for 2021.
- Is goods and services expense rising or falling in Congo?
- Over the last ten years it is down 34.4%. The long-run trend across the full record is flat.
- 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 (% of expense). Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.