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

Net lending (+) / net borrowing (-) (% of GDP) in Czech Republic was -0.378 as of 2019. Its highest value over the past 26 years was 0.681 in 2017, while its lowest value was -14.323 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
1993 0.144
1994 -1.131
1995 -14.323
1996 -5.304
1997 -2.666
1998 -4.631
1999 -3.246
2000 -3.027
2001 -5.328
2002 -5.979
2003 -6.441
2004 -2.335
2005 -2.941
2006 -1.827
2007 -0.926
2008 -1.774
2009 -4.786
2010 -3.772
2011 -2.423
2012 -3.846
2013 -1.577
2014 -2.252
2015 -1.206
2016 -0.324
2017 0.681
2018 0.477
2019 -0.378

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