Ireland | 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 Ireland
Records
63
Source
Ireland | Net lending (+) / net borrowing (-) (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
-2.09508036 1972
-2.12851439 1973
-4.38168935 1974
-7.72053641 1975
-5.13215643 1976
-5.00906301 1977
-6.96399395 1978
-7.65285066 1979
-8.0598793 1980
-8.92344054 1981
-9.82145617 1982
-8.42635121 1983
-7.0352535 1984
-8.58129165 1985
-8.48676774 1986
-7.66267192 1987
-4.22255131 1988
-1.92156478 1989
-2.37329932 1990
-2.38544477 1991
-2.60142319 1992
-2.67197254 1993
-2.32062378 1994
-2.00631169 1995
-0.128213 1996
1.41093475 1997
2.24771566 1998
3.5997597 1999
4.9790125 2000
1.41560299 2001
-0.19794498 2002
0.05598967 2003
1.22306451 2004
1.37480094 2005
2.60125283 2006
0.45411059 2007
-6.66931336 2008
-13.8148299 2009
-32.10822774 2010
-13.4394076 2011
-8.40053515 2012
-6.32280913 2013
-3.73798262 2014
-2.17215924 2015
-0.82860815 2016
-0.31628692 2017
0.11304192 2018
0.60559486 2019
-4.9616854 2020
-1.52985808 2021
2022
Ireland | 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 Ireland
Records
63
Source