LUXEMBOURG GOVERNMENT NET LENDING AND BORROWING IN PERCENT OF GDP


THE GOVERNMENT NET LENDING AND BORROWING IN PERCENT OF GDP IN LUXEMBOURG WAS REPORTED AT -1.11 PERCENT OF GDP 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, LUXEMBOURG'S ECONOMY SHARE OF WORLD TOTAL GDP, ADJUSTED BY PURCHASING POWER PARITY, WAS 0.06 PERCENT. IN 2015, LUXEMBOURG'S SHARE OF WORLD TOTAL GDP IS FORECASTED TO BE 0.05 PERCENT. THIS PAGE INCLUDES A CHART, HISTORICAL DATA AND FORECAST FOR LUXEMBOURG'S GOVERNMENT NET LENDING AND BORROWING IN PERCENT OF GDP.



 luxembourg government net lending and borrowing in percent of gdp imf data




We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website


IMF Data Specifications


CountryLuxembourg
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.
UnitsPercent of GDP
Scale 
Country/Series-specific NotesSee notes for: General government net lending/borrowing (National currency).
Estimates Start After2008
TitleLuxembourg Government Net Lending and Borrowing in percent of GDP
KeywordsLuxembourg Government Net Lending and Borrowing in percent of GDP, Luxembourg Government Net Lending and Borrowing in percent of GDP data,Luxembourg Government Net Lending and Borrowing in percent of GDP chart,Luxembourg Government Net Lending and Borrowing in percent of GDP historical data,Luxembourg Government Net Lending and Borrowing in percent of GDP graph,Luxembourg Government Net Lending and Borrowing in percent of GDP forecast.