High income | 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
High income
Records
63
Source
High income | Net lending (+) / net borrowing (-) (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 -0.46221906
1973 -0.15224332
1974 -0.13413317
1975 -2.48172749
1976 -2.70353998
1977 -1.89885073
1978 -2.26538741
1979 -1.86372046
1980 -2.05548002
1981 -1.85273634
1982 -2.81844302
1983 -3.78617564
1984 -3.18332117
1985 -3.08231559
1986 -3.36829693
1987 -2.68600059
1988 -2.09808012
1989 -1.79208757
1990 -2.07108691
1991 -3.82697235
1992 -3.94394829
1993 -3.85819503
1994 -3.19578452
1995 -3.55920283
1996 -2.32474697
1997 -1.11539501
1998 -1.22394614
1999 -0.55060977
2000 0.36759394
2001 -0.81335841
2002 -2.50216321
2003 -3.18480741
2004 -2.8075977
2005 -2.25233226
2006 -1.43829122
2007 -1.23868622
2008 -3.045898
2009 -7.11320429
2010 -6.38715701
2011 -5.49085912
2012 -4.78494289
2013 -3.21787444
2014 -2.91355491
2015 -2.70983835
2016 -2.70257194
2017 -2.00897418
2018 -2.4153061
2019 -2.7430842
2020 -10.15029959
2021 -7.82774758
2022

High income | 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
High income
Records
63
Source