South Asia (IDA & IBRD) | Net acquisition of financial assets (% of GDP)

Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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
South Asia (IDA & IBRD)
Records
63
Source
South Asia (IDA & IBRD) | Net acquisition of financial assets (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
2.88745443 1974
3.90201199 1975
4.14435273 1976
3.83086441 1977
4.40040808 1978
4.18979337 1979
5.02302184 1980
4.5521499 1981
4.76780462 1982
4.645134 1983
4.96970022 1984
5.5487201 1985
5.6205761 1986
4.62659105 1987
4.40280146 1988
4.58869395 1989
4.1692408 1990
3.18848956 1991
2.72830494 1992
3.00581145 1993
2.9759756 1994
2.83495926 1995
2.6512608 1996
1.90760336 1997
1.79430769 1998
1.94172553 1999
1.50940921 2000
1.72912666 2001
0.51555673 2002
-0.32205155 2003
1.79897968 2004
1.08259819 2005
0.29049853 2006
1.67823707 2007
-0.00401324 2008
0.7749249 2009
1.03155933 2010
0.92152662 2011
0.8941004 2012
1.24511796 2013
0.74656416 2014
1.03514026 2015
0.88299359 2016
0.7935326 2017
0.68743071 2018
2019
2020
2021
2022

South Asia (IDA & IBRD) | Net acquisition of financial assets (% of GDP)

Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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
South Asia (IDA & IBRD)
Records
63
Source