IRELAND GOVERNMENT NET LENDING AND BORROWING


THE GOVERNMENT NET LENDING AND BORROWING IN IRELAND WAS REPORTED AT -18.72 BILLIONS EUROS 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, IRELAND'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 0.25 PERCENT. IN 2015, IRELAND'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 0.21 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR IRELAND'S GOVERNMENT NET LENDING AND BORROWING.



 ireland government net lending and borrowing imf data




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IMF Data Specifications


CountryIreland
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.
UnitsEuro
ScaleBillions
Country/Series-specific NotesSource: National Statistical Office Latest actual data: 2007 Fiscal period reported: January/December GFS Manual Used: 2001. Data are provided with ESA 95 and mapped to GFS Basis of Recording: Noncash (accrual) Includes: Central Government; State Government; Local Government; Social Security Funds; Non-commercial state sponsored bodies and the National Pensions Reserve Fund
Estimates Start After2007
TitleIreland Government Net Lending and Borrowing
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