The Bahamas - Net acquisition of financial assets (current LCU)

The value for Net acquisition of financial assets (current LCU) in The Bahamas was 160,689,100 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 320,742,000 in 2017 and a minimum value of -235,324,000 in 2013.

Definition: Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities.

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

Year Value
1990 38,000,000
1991 27,000,000
1992 16,300,000
1993 33,900,000
1994 54,900,000
1995 25,800,000
1996 46,200,000
1997 49,808,000
1998 23,914,000
1999 33,589,000
2000 41,800,000
2001 37,300,000
2002 16,300,000
2003 60,800,000
2004 31,800,000
2005 69,047,000
2006 148,785,000
2007 193,116,000
2008 173,124,000
2009 182,299,000
2010 89,328,490
2011 -158,399,300
2012 108,055,000
2013 -235,324,000
2014 40,487,010
2015 -69,025,990
2016 -34,214,000
2017 320,742,000
2018 -229,477,000
2019 160,689,100

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