Austria - Net lending (+) / net borrowing (-) (% of GDP)

Net lending (+) / net borrowing (-) (% of GDP) in Austria was 0.495 as of 2019. Its highest value over the past 47 years was 0.495 in 2019, while its lowest value was -5.505 in 1995.

Definition: 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.

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

See also:

Year Value
1972 0.412
1973 -0.831
1974 -0.496
1975 -3.241
1976 -3.632
1977 -2.992
1978 -3.002
1979 -2.610
1980 -2.280
1981 -2.251
1982 -3.741
1983 -4.583
1984 -3.493
1985 -3.715
1986 -4.691
1987 -4.978
1988 -4.310
1989 -3.618
1990 -3.293
1991 -3.377
1992 -2.534
1993 -4.274
1994 -4.216
1995 -5.505
1996 -4.469
1997 -3.054
1998 -2.895
1999 -2.558
2000 -2.241
2001 -0.854
2002 -1.348
2003 -1.775
2004 -4.658
2005 -2.429
2006 -2.163
2007 -1.199
2008 -1.279
2009 -4.213
2010 -3.120
2011 -2.077
2012 -1.967
2013 -1.874
2014 -2.727
2015 -1.117
2016 -1.106
2017 -0.802
2018 0.000
2019 0.495

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

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance