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Government at a Glance: Latin America and the Caribbean 2020

image of Government at a Glance: Latin America and the Caribbean 2020

This third edition of Government at a Glance Latin America and the Caribbean provides the latest available evidence on public administrations and their performance in the LAC region and compares it to OECD countries. This publication includes indicators on public finances and economics, public employment, centres of government, regulatory governance, open government data, public sector integrity, public procurement and for the first time core government results (e.g. trust, inequality reduction). Governance indicators are especially useful for monitoring and benchmarking governments' progress in their public sector reforms. Each indicator in the publication is presented in a user-friendly format, consisting of graphs and/or charts illustrating variations across countries and over time, brief descriptive analyses highlighting the major findings of the data, and a methodological section on the definition of the indicator and any limitations in data comparability.

English Spanish, Portuguese

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General government gross debt

General government gross debt represents governments’ outstanding liabilities stemming from the need to finance deficits through borrowing. Governments accumulate debt to finance expenditures above their revenues. In the long run, debt can help for instance the development of infrastructure that could trigger economic growth. In turn, fluctuations of the exchange and interest rates can have a strong effect on government debt when it has a relevant foreign currency component (as it is the case in several LAC countries), creating vulnerability to external conditions.

English Spanish, Portuguese

Graphs

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