United States | 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
United States of America
Records
63
Source
United States | Net lending (+) / net borrowing (-) (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 -1.35172112
1973 -1.01025975
1974 -0.100955
1975 -2.39894973
1976 -3.40448337
1977 -2.05396609
1978 -1.74349453
1979 -0.66607468
1980 -1.76949834
1981 -1.48891143
1982 -3.1392531
1983 -5.205229
1984 -4.04669789
1985 -4.27773446
1986 -4.57089228
1987 -2.96876657
1988 -2.98141599
1989 -2.621606
1990 -3.66652222
1991 -4.37032092
1992 -4.42355115
1993 -3.69654909
1994 -2.79104451
1995 -1.97872993
1996 -1.38087843
1997 -0.23106819
1998 0.80063396
1999 1.28675895
2000 2.23364707
2001 0.01398138
2002 -2.84500674
2003 -4.07842678
2004 -3.82684953
2005 -3.03664584
2006 -2.10572233
2007 -2.43871471
2008 -5.24151691
2009 -10.18997157
2010 -9.99381589
2011 -8.94621553
2012 -7.30438556
2013 -4.15958116
2014 -3.71382131
2015 -3.2136748
2016 -3.85269821
2017 -2.96455421
2018 -4.80773313
2019 -5.40078336
2020 -14.34145241
2021 -12.45556108
2022 -4.69194527

United States | 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
United States of America
Records
63
Source