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
1.20288776 1972
1.07955363 1973
1.08697465 1974
1.23333326 1975
1.04862727 1976
0.99948837 1977
0.79577121 1978
0.78006762 1979
0.86132029 1980
0.91396579 1981
0.9031179 1982
0.91651312 1983
0.80815396 1984
0.83068183 1985
0.83027007 1986
0.7705834 1987
0.75237631 1988
0.79768399 1989
0.91445874 1990
1.02126675 1991
0.92566084 1992
0.85745809 1993
0.78528783 1994
1.40791515 1995
1.34283187 1996
1.27049404 1997
1.27908185 1998
1.30967853 1999
0.31623041 2000
1.23916636 2001
1.16473985 2002
1.29358244 2003
1.25631927 2004
1.24653835 2005
1.20510067 2006
1.21030008 2007
1.27702456 2008
1.44628253 2009
1.33672994 2010
1.27383478 2011
1.17770716 2012
1.10826121 2013
1.09704196 2014
1.11018603 2015
1.08611137 2016
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