CYPRUS GOVERNMENT NET LENDING AND BORROWING


THE GOVERNMENT NET LENDING AND BORROWING IN CYPRUS WAS REPORTED AT -1.03 BILLIONS NATIONAL CURRENCY IN 2009, ACCORDING TO THE INTERNATIONAL MONETARY FUND (IMF). NET LENDING (+)/ BORROWING (-) IS CALCULATED AS REVENUE MINUS TOTAL EXPENDITURE. THIS IS A CORE GFS BALANCE THAT MEASURES THE EXTENT TO WHICH GENERAL GOVERNMENT IS EITHER PUTTING FINANCIAL RESOURCES AT THE DISPOSAL OF OTHER SECTORS IN THE ECONOMY AND NONRESIDENTS (NET LENDING); OR UTILIZING THE FINANCIAL RESOURCES GENERATED BY OTHER SECTORS AND NONRESIDENTS (NET BORROWING). THIS BALANCE MAY BE VIEWED AS AN INDICATOR OF THE FINANCIAL IMPACT OF GENERAL GOVERNMENT ACTIVITY ON THE REST OF THE ECONOMY AND NONRESIDENTS (GFSM 2001; PARAGRAPH 4.17). NOTE: NET LENDING (+)/BORROWING (?) IS ALSO EQUAL TO NET ACQUISITION OF FINANCIAL ASSETS MINUS NET INCURRENCE OF LIABILITIES. IN 2009, CYPRUS'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 0.03 PERCENT. IN 2015, CYPRUS'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 0.03 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR CYPRUS'S GOVERNMENT NET LENDING AND BORROWING.



 cyprus government net lending and borrowing imf data




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IMF Data Specifications


CountryCyprus
Subject DescriptorGeneral government net lending/borrowing
Subject NotesNet lending (+)/ borrowing (?) is calculated as revenue minus total expenditure. This is a core GFS balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending); or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (GFSM 2001; paragraph 4.17). Note: Net lending (+)/borrowing (?) is also equal to net acquisition of financial assets minus net incurrence of liabilities.
UnitsNational currency
ScaleBillions
Country/Series-specific NotesSource: Eurostat Latest actual data: 2008 Fiscal period reported: January/December Notes: Expenditure includes ?policy lending? operations GFS Manual Used: 2001 Basis of Recording: Noncash (accrual) Includes: Central Government; Local Government; Social Security Funds; Universities and semi-government organizations
Estimates Start After2008
TitleCyprus Government Net Lending and Borrowing
KeywordsCyprus Government Net Lending and Borrowing, Cyprus Government Net Lending and Borrowing data,Cyprus Government Net Lending and Borrowing chart,Cyprus Government Net Lending and Borrowing historical data,Cyprus Government Net Lending and Borrowing graph,Cyprus Government Net Lending and Borrowing forecast.