Czech Republic - Net investment in nonfinancial assets (current LCU)

The value for Net investment in nonfinancial assets (current LCU) in Czech Republic was 87,592,000,000 as of 2016. As the graph below shows, over the past 23 years this indicator reached a maximum value of 156,221,000,000 in 2003 and a minimum value of 13,894,000,000 in 1993.

Definition: Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital.

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

Year Value
1993 13,894,000,000
1994 21,247,000,000
1995 44,129,000,000
1996 32,687,000,000
1997 30,704,000,000
1998 38,831,000,000
1999 45,931,000,000
2000 61,030,000,000
2001 58,058,000,000
2002 65,843,000,000
2003 156,221,000,000
2004 81,193,000,000
2005 102,070,000,000
2006 102,857,000,000
2007 105,778,000,000
2008 123,044,000,000
2009 113,743,000,000
2010 97,090,000,000
2011 85,755,000,000
2012 85,261,000,000
2013 71,328,000,000
2014 66,503,000,000
2015 119,133,000,000
2016 87,592,000,000

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.

Periodicity: Annual

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance