Net acquisition of financial assets (% of GDP) - Country Ranking - Africa

Definition: 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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Angola 13.64 2017
2 Mozambique 5.33 2019
3 Senegal 3.37 2018
4 Mali 3.08 2019
5 Kenya 2.85 2019
6 Seychelles 2.76 2018
7 Rwanda 2.27 2019
8 Namibia 1.65 2019
9 Burundi 1.63 1999
10 Togo 1.61 2019
11 Ethiopia 1.11 2019
12 Côte d'Ivoire 0.47 2019
13 Egypt 0.44 2012
14 Guinea-Bissau 0.36 2019
15 Zambia 0.35 2019
16 Madagascar 0.22 2019
17 South Africa 0.17 2019
18 Tanzania 0.09 2018
19 Somalia 0.00 2019
20 Ghana 0.00 2019
20 Guinea 0.00 1989
22 Uganda -0.04 2019
23 Mauritius -0.15 2019
24 Cameroon -0.17 2018
25 Lesotho -0.19 2019
26 Gabon -0.22 2019
27 Burkina Faso -0.29 2019
28 Morocco -0.39 2019
29 Zimbabwe -0.45 2018
30 Central African Republic -0.54 2018
31 Malawi -1.03 2020
32 Equatorial Guinea -1.50 2014
33 Congo -1.67 2018
34 Tunisia -2.23 2012
35 Botswana -5.03 2019

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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.

Aggregation method: Weighted average

Periodicity: Annual