Finland | Net lending (+) / net borrowing (-) (% of GDP)
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 (-) (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
2.57142621 1972
4.35827668 1973
2.38447252 1974
0.16602306 1975
2.64563464 1976
1.44608872 1977
-0.14335307 1978
-1.08664089 1979
-0.448741 1980
0.29248537 1981
-1.02123781 1982
-2.23478052 1983
-0.40521147 1984
-0.11694757 1985
0.80830431 1986
-1.0406808 1987
1.14758781 1988
2.3423455 1989
1.0049598 1990
-5.01492234 1991
-8.17431966 1992
-10.35956622 1993
-9.13543871 1994
-7.24715624 1995
-4.1828708 1996
-0.68858466 1997
1.89086442 1998
1.8413754 1999
6.66437021 2000
5.40351799 2001
4.42937381 2002
3.10974043 2003
2.98882576 2004
3.37913739 2005
4.30429678 2006
5.29208005 2007
4.56953131 2008
-1.8602783 2009
-2.31791775 2010
-0.48636855 2011
-1.09979755 2012
-1.81674913 2013
-2.25571178 2014
-1.80050619 2015
-1.28541086 2016
-0.45426224 2017
0.02013176 2018
0.30559748 2019
-5.54155219 2020
-2.42385114 2021
2022
Finland | Net lending (+) / net borrowing (-) (% of GDP)
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