Estonia - Net investment in nonfinancial assets (current LCU)

The value for Net investment in nonfinancial assets (current LCU) in Estonia was 729,279,600 as of 2016. As the graph below shows, over the past 25 years this indicator reached a maximum value of 791,669,600 in 2012 and a minimum value of 82,511 in 1991.

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
1991 82,511
1995 114,468,300
1996 122,091,900
1997 141,523,300
1998 183,294,600
1999 166,247,100
2000 179,686,300
2001 200,117,700
2002 305,652,800
2003 316,726,900
2004 251,158,200
2005 336,071,400
2006 436,975,300
2007 629,367,700
2008 712,421,400
2009 617,835,100
2010 326,496,100
2011 374,680,000
2012 791,669,600
2013 611,503,600
2014 741,967,400
2015 773,623,300
2016 729,279,600

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