Venezuela (Venezuela (Bolivarian Republic of)) Total Government Net Lending/ Borrowing (National Currency) Statistics

22, Mar 2019, EDT.

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Country or Region: Venezuela (Venezuela (Bolivarian Republic of)) › Change country
Economic Indicator: Total Government Net Lending/ Borrowing (National Currency) › See all Venezuela indicators, › See Total Government Net Lending/ Borrowing (National Currency) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Bolivar Fuerte
Currency Symbol: VEF

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 or Treasury Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: Government Finance Statistics Manual (GFSM) 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;Nonfinancial Public Corporation; Valuation of public debt: Nominal value Primary domestic currency: Venezuelan bol

Total Government Net Lending/ Borrowing (National Currency) Statistics for Venezuela (Venezuela (Bolivarian Republic of)), Year 2015 - In Detail

Total Government Net Lending/ Borrowing (National Currency) for Venezuela is VEF -1,057.40 Billions. 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.

In the previous year, 2014, Total Government Net Lending/ Borrowing (National Currency) for Venezuela was VEF -533.82 Billions Total Government Net Lending/ Borrowing (National Currency) for Venezuela in 2015 was or will be 98.08% more than it was or will be in 2014.

In the following or forecasted year, 2016, Total Government Net Lending/ Borrowing (National Currency) for Venezuela was or will be VEF -6,709.17 Billions, which is 534.50% more than the 2015 figure.

* Source: IMF
Total Government Net Lending/ Borrowing (National Currency) for Venezuela, in other Years
Year Billions
  2021 -179,680,479,96
  2020 -3,923,475,927.
  2019 -98,150,545.61
  2018 -2,905,647.97
  2017 -114,650.65
  2016 -6,709.17
2015 -1,057.40
  2014 -533.815
  2013 -316.839
  2012 -269.569
  2011 -157.359
  2010 -105.383
  2009 -61.433
  2008 -23.452
  2007 -13.925
  2006 -6.321
  2005 12.452
  2004 5.254
  2003 0.23
  2002 -1.599
  2001 -4.086
  2000 3.544
  1999 0.441
  1998 -2.245
  1997 1.081
  1996 2.337
  1995 -0.803
  1994 -0.971
  1993 -0.159
  1992 -0.263
  1991 -0.069
  1990 0.087
  1989 -0.014
  1988 -0.081
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a