Greece | 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
Hellenic Republic
Records
63
Source
Greece | Net lending (+) / net borrowing (-) (current LCU)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 -18958180.484226
1973 -38092443.140132
1974 -68936170.212765
1975 -74717534.849596
1976 -96316947.909024
1977 -137021276.59574
1978 -139398385.91342
1979 -158239178.28319
1980 -237681584.73954
1981 -643257520.17608
1982 -1393220836.3903
1983 -464475421.86354
1984 -1557241379.3103
1985 -1944768892.1497
1986 -1776610418.1951
1987 -2466881878.2098
1988 -3380777696.2582
1989 -6816082171.6801
1990 -8947498165.8107
1991
1992
1993
1994
1995 -9095000000
1996 -8455000000
1997 -6943000000
1998 -7729000000
1999 -7895000000
2000 -5720000000
2001 -8553000000
2002 -9817000000
2003 -14102000000
2004 -16841000000
2005 -12399000000
2006 -12885000000
2007 -15580000000
2008 -24509000000
2009 -36101000000
2010 -24874000000
2011 -21851000000
2012 -17758000000
2013 -24820000000
2014 -7070000000
2015 -10817000000
2016 -231000000
2017 366000000
2018 1011000000
2019 2038000000
2020 -16487000000
2021 -13380000000
2022

Greece | 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
Hellenic Republic
Records
63
Source