St. Vincent and the Grenadines - Net investment in nonfinancial assets (current LCU)

The value for Net investment in nonfinancial assets (current LCU) in St. Vincent and the Grenadines was 113,665,600 as of 2014. As the graph below shows, over the past 14 years this indicator reached a maximum value of 130,564,500 in 2007 and a minimum value of 33,708,000 in 2000.

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
2000 33,708,000
2001 47,134,000
2002 53,032,000
2003 73,942,000
2004 71,199,000
2005 81,153,000
2006 97,633,100
2007 130,564,500
2008 115,342,100
2009 104,554,600
2010 77,395,370
2011 52,660,220
2012 48,776,860
2013 117,463,500
2014 113,665,600

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