DATASET METADATA
Data Source:
IMF - World Economic Outlook
A Survey by the IMF staff usually published twice a year. It presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an overview as well as more detailed analysis of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.
The IMF's World Economic Outlook uses a bottom-up approach in producing its forecasts; that is, country teams within the IMF generate projections for individual countries. These are then aggregated, and through a series of iterations where the aggregates feed back into individual countries' forecasts, forecasts converge to the projections reported in the WEO.
Because forecasts are made by the individual country teams, the methodology can vary from country to country and series to series depending on many factors. For more information, please see https://www.imf.org/external/pubs/ft/weo/faq.htm#q1g
For use guidelines, please consult International Monetary Fund (http://www.imf.org/external/terms.htm)
INDICATOR METADATA
Definition: 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.
Date range: 1980-2024
Periodicity: annually
Type of data: National Currency
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