Luxembourg - Net lending (+) / net borrowing (-) (current LCU)

The value for Net lending (+) / net borrowing (-) (current LCU) in Luxembourg was 1,256,301,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 1,602,047,000 in 2018 and a minimum value of -363,776,000 in 2004.

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.

Year Value
1972 33,837,470
1973 60,411,650
1974 121,914,000
1975 44,670,410
1976 40,877,640
1977 63,807,790
1978 126,202,600
1979 32,945,050
1980 38,026,870
1981 30,887,530
1982 -44,372,940
1983 35,151,300
1984 123,079,100
1985 297,050,800
1986 299,232,300
1987 189,787,300
1988 141,175,400
1989 444,745,800
1990 289,688,400
1991 315,518,900
1992 186,515,100
1993 255,826,100
1994 316,560,000
1995 353,106,000
1996 303,086,000
1997 358,145,000
1998 469,726,000
1999 608,469,000
2000 1,165,380,000
2001 1,310,790,000
2002 478,430,000
2003 72,665,000
2004 -363,776,000
2005 27,644,000
2006 579,593,000
2007 1,499,890,000
2008 1,176,934,000
2009 -35,030,000
2010 -177,085,000
2011 153,260,000
2012 6,723,000
2013 250,879,000
2014 542,115,000
2015 516,094,000
2016 917,553,000
2017 658,989,000
2018 1,602,047,000
2019 1,256,301,000

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