Cyprus | Net lending (+) / net borrowing (-) (current LCU)
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 Cyprus
Records
63
Source
Cyprus | Net lending (+) / net borrowing (-) (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 -2460386.0755817
1973 -16829724.197556
1974 -30840256.01684
1975 -30225159.497945
1976 -36939963.162553
1977 -16590519.995762
1978 -49088119.410738
1979 -61988060.293128
1980 -80235923.687025
1981 -100141130.47906
1982 -95322874.414377
1983 -170381735.73403
1984 -106257923.63918
1985 -103267871.11678
1986 -70531067.500009
1987 -149946862.49517
1988 -142514446.22519
1989 -100158216.49347
1990 -367483861.30331
1991 -479644092.88317
1992 -386050729.41492
1993 -181435668.73214
1994 -139631022.29216
1995 -80645988.032955
1996 -379822100.41792
1997 -665158541.12775
1998 -554612027.87071
1999 -633891134.75056
2000 -381018121.42689
2001 -375379736.67035
2002 -798600313.69922
2003 -1261973024.6004
2004 -840461049.01294
2005 -526932684.52041
2006 -261928600.96297
2007 978345185.332
2008 295929769.64635
2009 -1005000000
2010 -904200000
2011 -1108600000
2012 -1119800000
2013 -1032300000
2014 -1544200000
2015 -166900000
2016 46000000
2017 353000000
2018 -984000000
2019 274600000
2020 -1258700000
2021 -407300000
2022
Cyprus | Net lending (+) / net borrowing (-) (current LCU)
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 Cyprus
Records
63
Source