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Country or Region: Australia › Change country
Economic Indicator: Total Government Net Lending/ Borrowing (National Currency) › See all Australia indicators, › See Total Government Net Lending/ Borrowing (National Currency) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Australian Dollar
Currency Symbol: AUD

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. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections are based on the IMF staff projections and the 2010-11 Mid-year Economic and Fiscal Outlook. Start/end months of reporting year: July/June Basis of recording: Cash General government includes: Central Government;State Government;Local Government; Valuation of public debt: Nominal value Primary domestic currency: Australian dollars Data last updated: 03/2011

Total Government Net Lending/ Borrowing (National Currency) for Australia is AUD -62.409 Billions.

In the previous year, 2009, Total Government Net Lending/ Borrowing (National Currency) for Australia was AUD -51.63 Billions Total Government Net Lending/ Borrowing (National Currency) for Australia in 2010 was or will be 20.88% more than it was or will be in 2009.

In the following or forecasted year, 2011, Total Government Net Lending/ Borrowing (National Currency) for Australia was or will be AUD -36.20 Billions, which is 41.99% more than the 2010 figure.