Spain | 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
Kingdom of Spain
Records
63
Source
Spain | Net acquisition of financial assets (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
44.9625105 1970
-10.03642962 1971
0 1972
0 1973
0 1974
0 1975
0 1976
0 1977
0 1978
0 1979
0 1980
0 1981
0 1982
0 1983
0 1984
0 1985
0 1986
0 1987
0 1988
0 1989
2.73485035 1990
0.29963875 1991
0.4399961 1992
3.71773313 1993
-1.73990675 1994
0.52579705 1995
2.68176868 1996
-0.67262852 1997
1.00807806 1998
1.70615783 1999
1.11753275 2000
-0.18321062 2001
0.84994702 2002
-0.50629529 2003
0.56508528 2004
1.31513878 2005
2.00877991 2006
1.82686843 2007
1.57216307 2008
2.416889 2009
-0.29102812 2010
2.58789237 2011
8.10290221 2012
2.09036705 2013
1.95231438 2014
1.58960056 2015
0.00366645 2016
2.58385074 2017
2.14238298 2018
0.33553474 2019
2.79318152 2020
2.95957044 2021
2022
Spain | 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
Kingdom of Spain
Records
63
Source