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
-1.35172112 1972
-1.01025975 1973
-0.100955 1974
-2.39894973 1975
-3.40448337 1976
-2.05396609 1977
-1.74349453 1978
-0.66607468 1979
-1.76949834 1980
-1.48891143 1981
-3.1392531 1982
-5.205229 1983
-4.04669789 1984
-4.27773446 1985
-4.57089228 1986
-2.96876657 1987
-2.98141599 1988
-2.621606 1989
-3.66652222 1990
-4.37032092 1991
-4.42355115 1992
-3.69654909 1993
-2.79104451 1994
-1.97872993 1995
-1.38087843 1996
-0.23106819 1997
0.80063396 1998
1.28675895 1999
2.23364707 2000
0.01398138 2001
-2.84500674 2002
-4.07842678 2003
-3.82684953 2004
-3.03664584 2005
-2.10572233 2006
-2.43871471 2007
-5.24151691 2008
-10.18997157 2009
-9.99381589 2010
-8.94621553 2011
-7.30438556 2012
-4.15958116 2013
-3.71382131 2014
-3.2136748 2015
-3.85269821 2016
-2.96455421 2017
-4.80773313 2018
-5.40078336 2019
-14.34145241 2020
-12.45556108 2021
-4.69194527 2022
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