High income | 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
High income
Records
63
Source
High income | Net investment in nonfinancial assets (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
0.8190028 1972
0.71424316 1973
0.72072813 1974
0.78086783 1975
0.73443302 1976
0.75048413 1977
0.73629495 1978
0.67903366 1979
0.68933878 1980
0.72175705 1981
0.7467237 1982
0.74298552 1983
0.70908658 1984
0.68333691 1985
0.66467815 1986
0.72103396 1987
0.64699606 1988
0.63902798 1989
0.67465875 1990
0.69889518 1991
0.69812776 1992
0.64907334 1993
0.66935078 1994
0.94244018 1995
0.93175918 1996
0.83547726 1997
0.91730306 1998
0.96800684 1999
0.62965031 2000
1.31537609 2001
1.37042529 2002
1.44284219 2003
1.45516959 2004
1.4318431 2005
1.3515666 2006
1.39508659 2007
1.46171946 2008
1.61825689 2009
1.66426952 2010
1.58249899 2011
1.48621539 2012
1.44560703 2013
1.43378302 2014
1.32420811 2015
1.28034774 2016
2017
2018
2019
2020
2021
2022

High income | 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
High income
Records
63
Source