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General government net lending/borrowing in % of GDP

(%)

In 2018, general government net lending/borrowing (% of GDP) in Brazil was -6.8 %. In the ranking by general government net lending/borrowing (% of GDP) including 189 countries, Brazil has the 171st rank that is close to the positions of such countries as Sierra Leone and the Ghana. Compared to Nauru which at the top of the ranking with general government net lending/borrowing (% of GDP) of 24.1 % in 2018, Brazil has 128.33 % percent lower general government net lending/borrowing (% of GDP).

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What is general government net lending/borrowing (% of GDP)?

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.