Finland | 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 Finland
Records
63
Source
Finland | Net lending (+) / net borrowing (-) (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
264391420.3975 1972
545433445.51468 1973
376068203.56794 1974
30273826.763073 1975
547619888.55869 1976
328302832.45288 1977
-35992216.262771 1978
-316529677.60056 1979
-151032757.96243 1980
111340407.31752 1981
-437120420.87352 1982
-1067152393.3982 1983
-216626049.28244 1984
-68116110.216923 1985
506750222.42857 1986
-704707411.87374 1987
880463795.02605 1988
2011863976.3326 1989
914101380.31836 1990
-4357917362.5442 1991
-6930351697.7731 1992
-8878977013.7561 1993
-8290319271.1409 1994
-7142000000 1995
-4270000000 1996
-763000000 1997
2278000000 1998
2337000000 1999
9093000000 2000
7815000000 2001
6577000000 2002
4719000000 2003
4745000000 2004
5565000000 2005
7442000000 2006
9900000000 2007
8877000000 2008
-3381000000 2009
-4361000000 2010
-963000000 2011
-2211000000 2012
-3712000000 2013
-4667000000 2014
-3806000000 2015
-2796000000 2016
-1028000000 2017
47000000 2018
733000000 2019
-13191000000 2020
-6082000000 2021
2022

Finland | 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 Finland
Records
63
Source