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Country or Region: Estonia › Change country
Economic Indicator: Total Government Net Lending/ Borrowing (National Currency) › See all Estonia 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: Kroon
Currency Symbol: EEK

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: 2009 Fiscal assumptions: The forecast, which is cash-, not accrual-, based, incorporates the authorities? 2010 budget, adjusted for newly available information and for the staff?s macroeconomic scenario. Subsequently, the authorities? commitment to undertake measures in 2011 to ensure compliance with the Maastricht deficit criterion, and in light of past strong performance, are incorporated. Thereafter, however, the forecast assumes both the reversal of most one-off measures and no further adjustment policies. Start/end months of reporting year: January/December GFS Manual used: No manual used Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Nominal valu

Total Government Net Lending/ Borrowing (National Currency) for Estonia is EEK 0.462 Billions.

In the previous year, 2009, Total Government Net Lending/ Borrowing (National Currency) for Estonia was EEK -4.46 Billions Total Government Net Lending/ Borrowing (National Currency) for Estonia in 2010 was or will be 110.36% less than it was or will be in 2009.

In the following or forecasted year, 2011, Total Government Net Lending/ Borrowing (National Currency) for Estonia was or will be EEK -2.38 Billions, which is 614.29% more than the 2010 figure.