Ireland | 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 Ireland
Records
63
Source
Ireland | Net lending (+) / net borrowing (-) (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 -67296118.156747
1973 -82532975.097894
1974 -187921235.60752
1975 -420283303.96006
1976 -342829281.17588
1977 -410125399.33262
1978 -675500657.72433
1979 -869770583.72399
1980 -1083086580.9001
1981 -1455119837.8798
1982 -1886830784.5458
1983 -1787791214.4283
1984 -1657008192.3501
1985 -2191567923.3688
1986 -2299495660.0353
1987 -2220771899.1726
1988 -1329415768.1153
1989 -675500657.72427
1990 -898339690.48864
1991 -936939728.07291
1992 -1085626057.0569
1993 -1204359264.7708
1994 -1124943496.6555
1995 -1098631000
1996 -77117000
1997 979199000
1998 1807856000
1999 3340236000
2000 5401994000
2001 1728298000
2002 -269201000
2003 81508000
2004 1911160000
2005 2341379000
2006 4810139000
2007 894913000
2008 -12490489000
2009 -23418860000
2010 -53746410000
2011 -23092062000
2012 -14719290000
2013 -11335888000
2014 -7306630000
2015 -5723788000
2016 -2234962000
2017 -944206000
2018 370146000
2019 2158082000
2020 -18618707000
2021 -6640651000
2022

Ireland | 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 Ireland
Records
63
Source