Observations

2022: -2.187

Updated: Oct 25, 2024 2:41 PM CDT

Units:

Percent of GDP,

Not Seasonally Adjusted

Frequency:

Annual

Notes

Title	Release Dates

General government net lending/borrowing for Australia	2011-09-20	2024-10-22

Source

International Monetary Fund	2011-09-20	2024-10-22

Release

World Economic Outlook	2011-09-20	2024-10-22

Units

Percent of GDP	2011-09-20	2024-10-22

Frequency

Annual	2011-09-20	2024-10-22

Seasonal Adjustment

Not Seasonally Adjusted	2011-09-20	2024-10-22

Notes

Net lending (+)/ borrowing (-) is calculated as revenue minus total expenditure. This is a core Government Finance Statistics (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 (Government Finance Statistics Manual 2001 (GFSM 2001), paragraph 4.17). Note: Net lending (+)/borrowing (-) is also equal to net acquisition of financial assets minus net incurrence of liabilities. A projection of this data can be found at https://fred.stlouisfed.org/series/GGNLBPAUA188N. Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.	2011-09-20	2024-10-22

General government net lending/borrowing for Australia (GGNLBAAUA188N)