Euro area | Net investment in nonfinancial assets (% of GDP)

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
Euro area
Records
63
Source
Euro area | Net investment in nonfinancial assets (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 1.20288776
1973 1.07955363
1974 1.08697465
1975 1.23333326
1976 1.04862727
1977 0.99948837
1978 0.79577121
1979 0.78006762
1980 0.86132029
1981 0.91396579
1982 0.9031179
1983 0.91651312
1984 0.80815396
1985 0.83068183
1986 0.83027007
1987 0.7705834
1988 0.75237631
1989 0.79768399
1990 0.91445874
1991 1.02126675
1992 0.92566084
1993 0.85745809
1994 0.78528783
1995 1.40791515
1996 1.34283187
1997 1.27049404
1998 1.27908185
1999 1.30967853
2000 0.31623041
2001 1.23916636
2002 1.16473985
2003 1.29358244
2004 1.25631927
2005 1.24653835
2006 1.20510067
2007 1.21030008
2008 1.27702456
2009 1.44628253
2010 1.33672994
2011 1.27383478
2012 1.17770716
2013 1.10826121
2014 1.09704196
2015 1.11018603
2016 1.08611137
2017
2018
2019
2020
2021
2022

Euro area | Net investment in nonfinancial assets (% of GDP)

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
Euro area
Records
63
Source