An error occured. Details Hide
You have unsaved pages. Restore Cancel

Financial Sector » General Government finance - General government net lending/borrowing

(National currency (Billions))

Republic of Korea is being the top country by net lending/borrowing in the world. As of 2016, net lending/borrowing in Republic of Korea was 13,496 national currency (billions) that accounts for -1.41 % of the world's net lending/borrowing. The top 5 countries (others are Iceland, Norway, Hong Kong, and Nepal) account for -1.47 % of it. The world's total net lending/borrowing was estimated at -955,868 national currency (billions) in 2016.

Net lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.