Cyprus | Net investment in nonfinancial assets (current LCU)

Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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 Cyprus
Records
63
Source
Cyprus | Net investment in nonfinancial assets (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 12558220.594115
1973 13805499.646319
1974 9739028.2158442
1975 11721005.887841
1976 23749560.035129
1977 30173901.454703
1978 37213339.393173
1979 53222934.898868
1980 58502513.35272
1981 62261436.523748
1982 57733642.704101
1983 70394379.384698
1984 85020007.722879
1985 80543471.946473
1986 107881095.00849
1987 104310117.99602
1988 113194845.49117
1989 120986068.06385
1990 239676080.49731
1991 220291803.09777
1992 250711105.8844
1993 267759928.17556
1994 299960015.48233
1995 532741929.42109
1996 655590373.05604
1997 674384988.91118
1998 383410163.44481
1999 452608521.82055
2000 505575166.50321
2001 526078383.79972
2002 614925658.75129
2003 737603242.24209
2004 747854850.89035
2005 684807457.70357
2006 723250990.13453
2007 691129283.03666
2008 818078370.13091
2009 629900000
2010 687400000
2011 599500000
2012 409200000
2013 123600000
2014 259300000
2015 292400000
2016 378500000
2017
2018
2019
2020
2021
2022

Cyprus | Net investment in nonfinancial assets (current LCU)

Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. 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 Cyprus
Records
63
Source