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Financial Sector » General Government finance - General government net lending/borrowing, % of GDP

(Percent of GDP)

Iceland is being the top country by net lending/borrowing, % of GDP in the world. As of 2016, net lending/borrowing, % of GDP in Iceland was 14.7 percent of GDP. The top 5 countries also includes Macau, Antigua and Barbuda, Micronesia (Federated States of), and Norway.

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.