Austria | Net lending (+) / net borrowing (-) (% of GDP)

Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Austria
Records
63
Source
Austria | Net lending (+) / net borrowing (-) (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 0.41182251
1973 -0.83059495
1974 -0.49562294
1975 -3.24070526
1976 -3.63189512
1977 -2.99205676
1978 -3.00196643
1979 -2.61026998
1980 -2.28045171
1981 -2.25138567
1982 -3.74138547
1983 -4.58282949
1984 -3.49332466
1985 -3.71548997
1986 -4.69116746
1987 -4.9781601
1988 -4.31012186
1989 -3.61827506
1990 -3.29315936
1991 -3.376777
1992 -2.53392628
1993 -4.27426221
1994 -4.21572675
1995 -5.50454607
1996 -4.46860999
1997 -3.05414644
1998 -2.89482462
1999 -2.55820709
2000 -2.24075131
2001 -0.85363987
2002 -1.34777473
2003 -1.77460379
2004 -4.65818075
2005 -2.42907774
2006 -2.16318189
2007 -1.19910358
2008 -1.27938302
2009 -4.21308174
2010 -3.12040718
2011 -2.07703796
2012 -1.96698265
2013 -1.8740688
2014 -2.72713107
2015 -1.1168265
2016 -1.10621422
2017 -0.80241363
2018 -0.00708846
2019 0.49820572
2020 -7.20860117
2021 -5.41684016
2022

Austria | Net lending (+) / net borrowing (-) (% of GDP)

Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Austria
Records
63
Source