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Country or Region: Cyprus › Change country
Economic Indicator: Total Government Net Lending/ Borrowing (National Currency) › See all Cyprus 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: Euro
Currency Symbol: EUR

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: Eurostat Latest actual data: 2009 Fiscal assumptions: Projections are based on the latest budget documents, adjusted for staff's macroeconomic and other assumptions. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Euros Data last updated: 03/2011

Total Government Net Lending/ Borrowing (National Currency) for Cyprus is EUR -0.943 Billions.

In the previous year, 2009, Total Government Net Lending/ Borrowing (National Currency) for Cyprus was EUR -1.01 Billions Total Government Net Lending/ Borrowing (National Currency) for Cyprus in 2010 was or will be 6.73% less than it was or will be in 2009.

In the following or forecasted year, 2011, Total Government Net Lending/ Borrowing (National Currency) for Cyprus was or will be EUR -0.81 Billions, which is 13.68% more than the 2010 figure.