Cyprus Total Government Net Lending/ Borrowing (National Currency) Statistics

22, Nov 2019, EST.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 until 2013. CYSTAT thereafter. The fiscal balances in 2014 exclude the Euro 1.5 billion coop recapitalizations to better capture the underlying fiscal position. Latest actual data: 2015. The fiscal balances in 2015 exclude the 0.175 billion coop recapitalization to better capture the underlying fiscal position. Fiscal assumptions: Projections are on a cash basis and are based on budget execution, fiscal measures, and staff's macroeconomic assumptions data. Start/end months of reporting year: January/December GFS Manual used: ESA 2010 Basis of recording: ESA 2010 accrual basis for history until 2012 and ESA 2010 classification but on a cash basis. General government includes: Central Government;Local Government;Social Security Funds;. Extra-Budgetary Funds and entities refe

Total Government Net Lending/ Borrowing (National Currency) Statistics for Cyprus , Year 2015 - In Detail

Total Government Net Lending/ Borrowing (National Currency) for Cyprus is EUR -0.292 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 Cyprus was EUR -0.04 Billions Total Government Net Lending/ Borrowing (National Currency) for Cyprus in 2015 was or will be 630.00% more than it was or will be in 2014.

In the following or forecasted year, 2016, Total Government Net Lending/ Borrowing (National Currency) for Cyprus was or will be EUR 0.02 Billions, which is 105.82% more than the 2015 figure.

* Source: IMF
Total Government Net Lending/ Borrowing (National Currency) for Cyprus, in other Years
Year Billions
  2021 0.327
  2020 0.299
  2019 0.273
  2018 0.259
  2017 0.123
  2016 0.017
2015 -0.292
  2014 -0.04
  2013 -0.797
  2012 -1.13
  2011 -1.122
  2010 -0.912
  2009 -1.015
  2008 0.165
  2007 0.566
  2006 -0.167
  2005 -0.33
  2004 -0.514
  2003 -0.759
  2002 -0.491
  2001 -0.239
  2000 -0.236
  1999 -0.394
  1998 -0.349
  1997 -0.403
  1996 -0.235
  1995 -0.055
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a