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World Economic Outlook (WEO) data, IMF 		 
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Govt net debt
Large Economies
Argentina $328bRussia $1,661b
Australia $1,055bSingapore $190b
Brazil $1,650bSouth Africa $274b
Canada $1,503bSweden $486b
China $4,520bTurkey $730b
Denmark $344bUnited Kingdom $2,657b
France $2,843bUnited States $14,292b
Germany $3,641b
India $1,251b
Italy $2,318b
Japan $4,849b
Korea $931b
Mexico $1,094b
Netherlands $875b
Norway $454b
 Debt Crisis
Greece $349b
Ireland $265b
Italy $2,318b
Portugal $253b
Spain $1,601b
 All Countries with 2008 gdp bil usd
Islamic Republ $10bBelgium $509bCape Verde $2bDjibouti $bGeorgia $13bIndonesia $511bKyrgyz Republi $5bMalta $9bNiger $5bRwanda $5bSt. Kitts and $bTonga $bVietnam $90bASEAN-5 $1,270b
Albania $13bBelize $1bCentral Africa $2bDominica $bGermany $3,641bIslamic Republ $351bLao People's D $5bMauritania $4bNigeria $207bSamoa $bSt. Lucia $1bTrinidad and T $28bRepublic of Ye $27bLatin America $4,299b
Algeria $172bBenin $7bChad $8bDominican Repu $46bGhana $29bIraq $87bLatvia $33bMauritius $10bNorway $454bSão Tomé and P $bSt. Vincent an $bTunisia $45bZambia $15bMiddle East an $2,329b
Angola $84bBhutan $1bChile $179bEcuador $54bGreece $349bIreland $265bLebanon $30bMexico $1,094bOman $61bSaudi Arabia $477bSudan $54bTurkey $730bZimbabwe $4bSub-Saharan Af $940b
Antigua and Ba $1bBolivia $17bChina $4,520bEgypt $162bGrenada $bIsrael $202bLesotho $2bMoldova $6bPakistan $164bSenegal $13bSuriname $3bTurkmenistan $22bWorld $61,167b
Argentina $328bBosnia and Her $19bColombia $236bEl Salvador $21bGuatemala $39bItaly $2,318bLiberia $bMongolia $6bPanama $23bSerbia $48bSwaziland $3bTuvalu $bAdvanced econo $42,063b
Armenia $12bBotswana $14bComoros $bEquatorial Gui $18bGuinea $5bJamaica $14bLibya $98bMontenegro $5bPapua New Guin $8bSeychelles $bSweden $486bUganda $14bEuro area $13,605b
Australia $1,055bBrazil $1,650bDemocratic Rep $12bEritrea $1bGuinea-Bissau $bJapan $4,849bLithuania $48bMorocco $89bParaguay $17bSierra Leone $2bSwitzerland $503bUkraine $180bMajor advanced $32,102b
Austria $416bBrunei Darussa $14bRepublic of Co $12bEstonia $24bGuyana $2bJordan $22bLuxembourg $58bMozambique $10bPeru $126bSingapore $190bSyrian Arab Re $53bUnited Arab Em $315bNewly industri $1,737b
Azerbaijan $46bBulgaria $52bCosta Rica $30bEthiopia $27bHaiti $7bKazakhstan $135bFormer Yugosla $10bMyanmar $31bPhilippines $174bSlovak Republi $95bTaiwan Provinc $400bUnited Kingdom $2,657bOther advanced $5,154b
The Bahamas $8bBurkina Faso $8bCôte d'Ivoire $24bFiji $4bHonduras $14bKenya $27bMadagascar $9bNamibia $9bPoland $529bSlovenia $55bTajikistan $5bUnited States $14,292bEuropean Union $18,342b
Bahrain $22bBurundi $2bCroatia $70bFinland $273bHong Kong SAR $215bKiribati $bMalawi $4bNepal $13bPortugal $253bSolomon Island $bTanzania $19bUruguay $30bEmerging and d $19,104b
Bangladesh $84bCambodia $10bCyprus $25bFrance $2,843bHungary $154bKorea $931bMalaysia $223bNetherlands $875bQatar $115bSouth Africa $274bThailand $273bUzbekistan $29bCentral and ea $1,920b
Barbados $4bCameroon $24bCzech Republic $225bGabon $15bIceland $17bKosovo $6bMaldives $2bNew Zealand $132bRomania $204bSpain $1,601bDemocratic Rep $3bVanuatu $bCommonwealth o $2,180b
Belarus $61bCanada $1,503bDenmark $344bThe Gambia $bIndia $1,251bKuwait $147bMali $9bNicaragua $6bRussia $1,661bSri Lanka $41bTogo $3bVenezuela $315bDeveloping Asi $7,435b
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| Select Variable
GDP, constant prices Natl currency |
GDP, constant prices   *   % chg
GDP, current prices   *   Natl currency |
GDP, current prices   *   U.S. $s |
GDP, deflator Index, 2000=100
GDP per capita, constant pri Natl currency
GDP per capita, current pric Natl currency
GDP per capita, current pric U.S. $s
Output gap in percent of pot % of potential GDP
GDP based on PPP valuation o Current intl $ |
GDP based on PPP per capita Current intl $
GDP based on PPP share of wo %
Implied PPP conversion rate Natl currency/$
Total investment % of GDP
Gross national savings % of GDP
Inflation, average consumer Index
Inflation, average consumer % chg
Inflation, end of period con Index
Inflation, end of period con   *   % chg
Six-month London interbank o %
Volume of imports of goods a % chg
Volume of Imports of goods % chg
Volume of exports of goods a % chg
Volume of exports of goods % chg
Value of oil imports U.S. $s |
Value of oil exports U.S. $s |
Unemployment rate   *   % of total labor force
Employment Index, 2000=100
Population   *   Persons |
Govt revenue Natl currency |
Govt revenue % of GDP
Govt total expenditure Natl currency |
Govt total expenditure   *   % of GDP
Govt net lending/borrowing Natl currency |
Govt net lending/borrowing % of GDP
Govt structural balance Natl currency |
Govt structural balance % of potential GDP
Govt primary net lending/bor Natl currency |
Govt primary net lending/bor % of GDP
Govt net debt Natl currency |
Govt net debt % of GDP
Govt gross debt Natl currency |
Govt gross debt   *   % of GDP
GDP corresponding to fiscal Natl currency |
Current account balance U.S. $s |
Current account balance % of GDP
*_popular_variable. 		  Govt net debt   GGXWDN   National currency | Billions Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. (f) = observation is an IMF forecast
cntry code variable cd country data for
all years 		1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
  2   ALB | 914 GGXWDN   Albania National currency | Billions   1997-2010272.58312.18344.67364.22384.21407.65421.37433.36474.44500.06521.05600.19687.85721.03769.62(f) 826.09(f) 881.00(f) 938.76(f) 1004.18(f) 1077.03(f) 1155.32(f)
  3   DZA | 612 GGXWDN   Algeria National currency | Billions   1991-2010671.03676.26880.731463.252329.702522.401942.112062.392664.142590.112213.832197.681770.671544.01215.52-647.08-1959.09-3386.37-3270.93-3509.06-3450.06(f) -3247.62(f) -3262.50(f) -3112.53(f) -2805.67(f) -2344.21(f) -1774.07(f)
  5   ATG | 311 GGXWDN   Antigua and Barbuda National currency | Billions   1997-20100.78701.8831.8922.3462.5492.7772.6812.8062.4112.6732.2682.3122.7452.3412.390(f) 2.782(f) 2.814(f) 2.700(f) 2.654(f) 2.537(f) 2.412(f)
  8   AUS | 193 GGXWDN   Australia National currency | Billions   1989-201138.6139.6952.4578.79100.24112.21118.01115.65104.1888.6670.3948.9634.2121.586.197-11.01-36.63-65.53-82.21-65.19-6.98859.38112.53143.13(f) 153.18(f) 155.35(f) 134.56(f) 104.53(f) 80.31(f)
  9   AUT | 122 GGXWDN   Austria National currency | Billions   1988-201143.6846.3249.9053.3457.9267.4474.6884.6490.0184.5985.7490.3790.0193.8395.6596.86105.93108.86111.55111.98118.80135.73148.92158.07168.43(f) 175.52(f) 181.17(f) 186.56(f) 191.76(f) 191.76(f)
  11   BHS | 313 GGXWDN   The Bahamas National currency | Billions   1991-20100.82100.91101.0081.1001.1531.2021.3061.4071.4731.5101.5541.7001.8692.0172.1672.3112.5112.7013.0443.5203.834(f) 4.151(f) 4.538(f) 4.900(f) 5.265(f) 5.631(f)
  12   BHR | 419 GGXWDN   Bahrain National currency | Billions   1990-2010-0.3710-0.2640-0.1470-0.1980-0.2760-0.0050-0.0730-0.02100.12500.30100.43100.47300.58300.83801.4541.4531.4091.3351.2141.8422.8753.580(f) 3.304(f) 3.383(f) 3.730(f) 4.261(f) 4.980(f) 5.921(f)
  15   BLR | 913 GGXWDN   Belarus National currency | Billions   1993-20110.01400.027043.8642.7382.84312.72852.492339.613009.703704.694725.214767.455459.8310623.2317826.5828198.4447929.2767452.98138666.30186859.40(f) 230521.80(f) 253413.10(f) 282944.80(f) 311934.30(f) 335348.20(f)
  16   BEL | 124 GGXWDN   Belgium National currency | Billions   1980-201159.2174.4590.56107.29120.03131.91144.91156.37167.79177.52188.62199.67213.77230.08232.32240.69245.80247.62247.55245.84246.01246.51250.16248.94243.54248.71246.00245.54254.25271.38284.39307.11317.98(f) 326.35(f) 331.40(f) 333.34(f) 334.61(f) 334.86(f)
  17   BLZ | 339 GGXWDN   Belize National currency | Billions   2001-20101.4871.6852.0562.1912.3112.2772.2822.1602.2382.3652.400(f) 2.454(f) 2.526(f) 2.601(f) 2.678(f) 2.763(f) 2.862(f)
  20   BOL | 218 GGXWDN   Bolivia National currency | Billions   2000-200930.6027.8335.2141.1356.4054.7638.4327.6124.8527.7124.61(f) 19.85(f) 15.43(f) 11.13(f) 5.363(f) -1.019(f) -6.610(f) -7.723(f)
  21   BIH | 963 GGXWDN   Bosnia and Herzegovina National currency | Billions   1998-20104.6775.6413.9423.8493.7923.3243.1113.2382.6284.0235.3846.5987.9588.712(f) 10.14(f) 10.63(f) 10.82(f) 10.86(f) 10.63(f) 10.15(f)
  23   BRA | 223 GGXWDN   Brazil National currency | Billions   2000-2011563.16680.08896.10933.63981.971035.281112.701200.801153.631345.331475.821508.551621.82(f) 1696.27(f) 1781.09(f) 1875.70(f) 1986.80(f) 2120.68(f)
  25   BGR | 918 GGXWDN   Bulgaria National currency | Billions   2000-20116.2105.0452.634-3.248-5.231-3.472-5.409-6.152-9.433-9.463-8.353-7.231-3.309(f) -2.546(f) -2.690(f) -3.922(f) -6.535(f) -10.25(f)
  29   CMR | 622 GGXWDN   Cameroon National currency | Billions   2000-20106681.426308.914875.544771.405135.484510.041489.121170.811014.621114.201348.701538.63(f) 2363.80(f) 2753.23(f) 3156.24(f) 3476.29(f) 3763.82(f) 3998.22(f)
  30   CAN | 156 GGXWDN   Canada National currency | Billions   1980-201145.4648.6172.65105.18132.99171.43203.05219.33233.77270.22297.11346.33414.19466.52523.16572.82585.95571.21555.90547.79497.67490.44491.71469.16454.57425.98381.51350.54362.26432.25494.63572.81638.59(f) 693.44(f) 735.34(f) 765.18(f) 781.73(f) 792.77(f)
  31   CPV | 624 GGXWDN   Cape Verde National currency | Billions   2002-201163.6968.7473.7677.8380.5472.1973.3979.6592.53108.32125.32(f) 142.55(f) 157.56(f) 168.89(f) 178.87(f) 188.27(f)
  34   CHL | 228 GGXWDN   Chile National currency | Billions   1996-2011466.85-155.00-103.88626.051296.412530.173671.253432.872410.23-36.89-5438.35-11725.73-18083.45-10173.91-7798.89-10358.27-9045.45(f) -8726.43(f) -9571.69(f) -10801.43(f) -10987.96(f) -11125.19(f)
  36   COL | 233 GGXWDN   Colombia National currency | Billions   1999-200949024.2762496.5974855.8491001.52104472.60105232.8095970.69101012.8097819.13100822.10137208.00154376.90(f) 172380.10(f) 174650.80(f) 185950.40(f) 197479.70(f) 214989.50(f) 234608.10(f) 254562.20(f)
  39   COG | 634 GGXWDN   Republic of Congo National currency | Billions   1990-20101058.701059.101005.401295.702654.172775.782758.072982.393041.363357.043741.904010.253794.914152.434879.173476.273994.723941.093614.502592.851417.321543.65(f) 1636.63(f) 1587.50(f) 1494.97(f) 1447.69(f) 1402.44(f) 1336.64(f)
  40   CRI | 238 GGXWDN   Costa Rica National currency | Billions   2000-20101797.622082.922471.932793.183341.693574.223836.673746.613891.324587.325562.346379.20(f) 7383.77(f) 8344.12(f) 9410.23(f) 10605.13(f) 11924.21(f) 13377.72(f)
  45   DNK | 128 GGXWDN   Denmark National currency | Billions   1998-2010408.66344.68291.25268.00262.64252.04217.05162.9431.54-64.83-92.05-60.61-22.7147.16(f) 154.22(f) 201.29(f) 224.68(f) 240.61(f) 242.35(f) 226.68(f)
  47   DMA | 321 GGXWDN   Dominica National currency | Billions   1990-20100.30800.34800.34900.36700.40700.43900.43100.40300.49700.55500.62600.89600.89400.91000.85100.83500.84800.85200.82300.82900.89800.9380(f) 0.9830(f) 1.016(f) 1.015(f) 1.011(f) 1.007(f) 1.000(f)
  48   DOM | 243 GGXWDN   Dominican Republic National currency | Billions   1993-201035.0431.0032.8835.8738.8242.2269.6880.4383.61108.74262.59244.08293.79302.04311.01388.82476.64545.90630.72(f) 715.88(f) 804.88(f) 886.03(f) 972.59(f) 1066.80(f) 1171.61(f)
  50   EGY | 469 GGXWDN   Egypt National currency | Billions   2002-2011252.44306.49344.50382.53440.83480.32497.57612.26724.36882.191048.95(f) 1212.30(f) 1367.78(f) 1510.26(f) 1634.44(f) 1728.07(f)
  52   GNQ | 642 GGXWDN   Equatorial Guinea National currency | Billions   1980-20109.83117.9930.4439.6750.0861.5448.4147.5855.5263.2057.5263.6358.5770.54145.06116.30130.13143.33155.45277.55304.39307.62311.34178.67170.66129.4481.7165.2953.85292.53541.15780.63(f) 1067.03(f) 979.38(f) 813.18(f) 546.53(f) 276.12(f) 84.46(f)
  54   EST | 939 GGXWDN   Estonia National currency | Billions   1996-20110.21900.15500.10900.17200.20400.10400.0350-0.2030-0.2970-0.4080-0.6520-0.9110-0.5670-0.1720-0.2640-0.02800.3260(f) 0.1820(f) 0.1970(f) 0.0830(f) -0.1460(f) -0.4090(f)
  55   ETH | 644 GGXWDN   Ethiopia National currency | Billions   1992-201125.2051.8260.5868.4569.8943.4746.4354.6860.9763.5472.3579.5085.8175.3475.1652.1469.7394.45124.77160.03192.42(f) 226.75(f) 264.09(f) 303.61(f) 338.64(f) 373.75(f)
  56   FJI | 819 GGXWDN   Fiji National currency | Billions   1992-20070.84400.92400.98201.0021.1331.3561.3061.3551.4341.6801.8942.1332.2802.3432.5552.5972.646(f) 2.955(f) 3.122(f) 3.396(f) 3.549(f) 3.695(f) 3.828(f) 3.973(f) 4.124(f) 4.291(f)
  57   FIN | 172 GGXWDN   Finland National currency | Billions   1980-2010-58.91-66.03-68.48-72.13-80.33-91.63-101.43-109.51-129.73-165.26-186.12-170.99-121.65-79.71-85.62-23.05-39.57-47.81-101.22-61.50-41.10-44.09-44.99-55.95-71.07-92.24-115.08-130.42-96.84-108.27-116.24-114.71(f) -111.88(f) -110.24(f) -109.51(f) -109.08(f) -109.24(f) -110.01(f)
  58   FRA | 132 GGXWDN   France National currency | Billions   1983-201086.79108.52174.12209.57212.45230.62248.86271.01308.06352.60409.91492.68576.13621.10655.70689.80710.90740.40767.40819.60901.10971.201043.601072.601123.601203.801360.001478.601604.90(f) 1715.32(f) 1798.26(f) 1865.32(f) 1915.00(f) 1942.10(f) 1949.65(f)
  60   GMB | 648 GGXWDN   The Gambia National currency | Billions   2000-20119.45712.0316.7922.5923.1123.5326.1812.4715.3815.8917.9619.6922.04(f) 23.39(f) 24.72(f) 26.09(f) 27.59(f) 29.15(f)
  62   DEU | 134 GGXWDN   Germany National currency | Billions   1991-2011294.53409.04470.42531.69702.04772.48817.02849.39876.96841.97890.11955.401042.851115.941189.511227.101223.271236.821345.101406.901441.261431.77(f) 1453.24(f) 1464.88(f) 1502.36(f) 1540.66(f) 1579.98(f)
  63   GHA | 652 GGXWDN   Ghana National currency | Billions   2001-20095.2306.3567.9307.0766.9064.1015.3859.08311.9619.81(f) 23.49(f) 28.81(f) 32.54(f) 37.10(f) 42.78(f) 47.40(f) 56.00(f)
  64   GRC | 174 GGXWDN   Greece National currency | Billions   1980-20101.3751.9562.7093.7105.5107.8309.46511.8615.7819.6427.5235.8540.5345.8251.6258.1565.5073.7983.1393.64105.49118.83133.87167.72183.12195.39224.20239.36262.32298.71328.59350.26(f) 315.84(f) 330.35(f) 332.73(f) 330.30(f) 327.45(f) 324.95(f)
  65   GRD | 328 GGXWDN   Grenada National currency | Billions   1996-20110.43500.43900.41400.41400.47900.52200.84700.97501.2211.4631.5541.6251.6311.7861.8401.9212.051(f) 2.190(f) 2.339(f) 2.486(f) 2.648(f) 2.810(f)
  67   GIN | 656 GGXWDN   Guinea National currency | Billions   1990-20111753.932240.792555.793004.073276.793389.953612.073874.314698.536140.736455.036714.096565.427705.629769.2816080.2220689.7916032.3818481.9516767.7621802.9024524.5426688.89(f) 32313.94(f) 36450.13(f) 39273.07(f) 41541.78(f) 46999.08(f)
  69   GUY | 336 GGXWDN   Guyana National currency | Billions   1997-2010220.60231.49237.95246.54273.55290.37276.11293.22303.37271.82207.43225.72234.19249.46276.38(f) 301.52(f) 328.30(f) 358.13(f) 392.97(f) 432.01(f) 476.26(f)
  73   HUN | 944 GGXWDN   Hungary National currency | Billions   2005-201013412.2015349.9016353.0117345.8818778.1020403.2722121.16(f) 21885.59(f) 22817.19(f) 23844.80(f) 24798.10(f) 25708.22(f) 26624.32(f)
  74   ISL | 176 GGXWDN   Iceland National currency | Billions   1980-20110.53200.78800.17903.9805.1747.34914.4917.0525.3755.0970.5179.25106.51143.17165.49179.30191.52196.53184.31154.02165.92195.18179.97194.86193.3096.9491.22141.33619.11834.18964.061052.581149.55(f) 1197.32(f) 1221.64(f) 1223.98(f) 1217.73(f) 1200.94(f)
  77   IRN | 429 GGXWDN   Islamic Republic of Ir National currency | Billions   1996-201066993.7073812.1093763.7690625.1899557.2840257.53108871.10141305.10184118.50116754.7086252.3913364.49-7920.42216740.00234828.40140756.40(f) 76696.13(f) 92773.55(f) 215731.00(f) 452425.50(f) 799079.80(f) 1296789.00(f)
  79   IRL | 178 GGXWDN   Ireland National currency | Billions   1980-20118.54011.0313.9818.0720.9623.4628.8231.1032.6833.3334.1936.0037.0441.1341.6743.6043.1643.6941.7643.2038.5131.9832.7931.7929.7825.8321.5621.0144.0167.81119.98150.04164.02(f) 175.97(f) 184.15(f) 189.17(f) 193.46(f) 197.08(f)
  80   ISR | 436 GGXWDN   Israel National currency | Billions   2000-2010360.03401.75438.91473.98485.60474.95479.69462.08460.32525.93554.96588.01(f) 609.69(f) 637.41(f) 662.18(f) 684.97(f) 707.24(f) 729.15(f)
  81   ITA | 136 GGXWDN   Italy National currency | Billions   1988-2011494.79558.11627.89708.34798.80903.671005.061020.531076.201090.201104.381097.761115.681161.111162.591186.621230.581276.981333.721350.481398.431476.141538.261573.301606.87(f) 1629.88(f) 1655.53(f) 1678.27(f) 1699.78(f) 1719.01(f)
  83   JPN | 158 GGXWDN   Japan National currency | Billions   1980-201041480.0053103.1062490.5073286.6081270.1084896.3085586.8074039.1067200.9059105.5059509.1054796.0066512.5082842.8095793.60117835.00147648.10179236.90233279.50267877.90303874.80331182.50371847.20386904.80415101.00413974.00410560.40412884.50477558.80500315.00543370.10593170.60(f) 644577.20(f) 691036.60(f) 733163.60(f) 774311.10(f) 815530.90(f) 856798.10(f)
  84   JOR | 439 GGXWDN   Jordan National currency | Billions   1990-20105.8805.6795.2365.0395.0925.0695.0484.9005.8485.8545.2935.8946.4547.0927.1807.4947.3488.2018.5539.66411.4713.40(f) 14.54(f) 15.50(f) 16.25(f) 17.17(f) 18.17(f) 19.30(f)
  85   KAZ | 916 GGXWDN   Kazakhstan National currency | Billions   2002-2011296.52161.881.670-465.30-1095.90-1824.80-2222.92-1854.82-2234.56-3592.42-4940.02(f) -6385.83(f) -7515.64(f) -8648.83(f) -9811.72(f) -11197.92(f)
  86   KEN | 664 GGXWDN   Kenya National currency | Billions   1998-2010394.01416.28439.85492.45578.67645.37648.49654.38682.42758.07855.071007.721140.021317.32(f) 1474.42(f) 1666.27(f) 1838.19(f) 2034.47(f) 2299.08(f) 2608.64(f)
  88   KOR | 542 GGXWDN   Korea National currency | Billions   2001-2010120497.70132322.90164246.20197533.40234330.90267006.30280268.70296111.40344366.40376602.40406667.90(f) 413618.60(f) 415187.80(f) 413899.70(f) 413020.60(f) 412308.20(f) 408770.60(f)
  93   LVA | 941 GGXWDN   Latvia National currency | Billions   2000-20110.47800.52800.61900.76700.81000.87300.83000.68801.8232.8093.8084.2174.387(f) 4.460(f) 4.495(f) 4.552(f) 4.541(f) 4.460(f)
  94   LBN | 446 GGXWDN   Lebanon National currency | Billions   2000-201137240.5942171.3844797.9449503.1952339.0055323.5059211.6461200.1865704.2069990.0073930.9577169.8682277.17(f) 87713.31(f) 93293.87(f) 99385.47(f) 106134.10(f) 113166.60(f)
  95   LSO | 666 GGXWDN   Lesotho National currency | Billions   2000-20080.01500.00800.00904.6934.5445.3916.3036.8686.9335.674(f) 5.744(f) 7.191(f) 8.669(f) 9.853(f) 10.37(f) 11.23(f) 12.07(f) 13.20(f)
  96   LBR | 668 GGXWDN   Liberia National currency | Billions   2000-20114.1794.2794.3794.4794.5734.6714.7324.3603.1261.396-0.2500-0.2620-0.1940(f) -0.1680(f) -0.1330(f) -0.0920(f) -0.0420(f) 0.0140(f)
  97   LBY | 672 GGXWDN   Libya National currency | Billions   1990-20105.2225.2225.3965.9417.0357.2585.3464.6964.1343.7870.1570-0.0050-1.180-5.625-20.27-39.11-59.34-73.36-82.94-79.59-78.34
  98   LTU | 946 GGXWDN   Lithuania National currency | Billions   1998-20117.83211.009.0429.0359.0338.9889.15110.059.14611.0114.2421.4129.2034.3938.69(f) 41.76(f) 44.62(f) 46.99(f) 49.18(f) 50.12(f)
  100   MKD | 962 GGXWDN   Former Yugoslav Republ National currency | Billions   1999-201157.2896.5189.0087.3787.6986.1094.8474.6973.6976.4886.5998.58112.83125.85(f) 138.92(f) 150.53(f) 161.78(f) 169.55(f) 175.34(f)
  102   MWI | 676 GGXWDN   Malawi National currency | Billions   2005-2011419.20127.32139.38213.45259.46246.57344.22398.45(f) 434.08(f) 450.52(f) 482.55(f) 517.35(f) 554.97(f)
  105   MLI | 678 GGXWDN   Mali National currency | Billions   2000-20111903.101951.131138.721090.681120.541441.34476.33540.28589.78597.64935.891141.091061.81(f) 1065.80(f) 1200.99(f) 1357.09(f) 1532.29(f) 1510.68(f)
  108   MUS | 684 GGXWDN   Mauritius National currency | Billions   2000-201055.4560.2176.2095.9293.52102.45108.89115.37120.62142.99151.09164.42(f) 179.56(f) 194.43(f) 211.47(f) 229.59(f) 246.52(f) 246.52(f)
  109   MEX | 273 GGXWDN   Mexico National currency | Billions   1998-20101729.642148.272318.202419.902729.843029.013154.973255.043364.713522.174331.694641.315136.945798.62(f) 6206.06(f) 6645.55(f) 7101.39(f) 7561.88(f) 8049.43(f) 8563.08(f)
  110   MDA | 921 GGXWDN   Moldova National currency | Billions   1995-20115.1506.8227.94014.5418.5715.4616.0115.1515.0713.7213.1113.9013.1712.1217.6019.0819.2220.48(f) 20.60(f) 20.73(f) 21.43(f) 22.06(f) 23.61(f)
  112   MNE | 943 GGXWDN   Montenegro National currency | Billions   2002-20100.89000.47100.51100.50600.52700.58200.81900.96501.1511.411(f) 1.559(f) 1.698(f) 1.836(f) 1.992(f) 2.161(f) 2.340(f)
  113   MAR | 686 GGXWDN   Morocco National currency | Billions   1990-2010189.73179.90208.80237.97245.71260.51265.17273.50279.54279.36289.02280.77287.64293.37295.93326.73328.18327.19327.13346.23387.97434.07(f) 472.95(f) 518.63(f) 562.27(f) 601.35(f) 634.15(f) 663.11(f)
  116   NAM | 728 GGXWDN   Namibia National currency | Billions   1993-20091.7322.0162.5213.1123.2834.0594.9855.5787.0567.8209.64111.9712.5411.358.0526.3878.64812.38(f) 19.34(f) 24.96(f) 29.42(f) 32.13(f) 34.90(f) 40.21(f) 48.09(f)
  117   NPL | 558 GGXWDN   Nepal National currency | Billions   2000-2011235.84255.67271.55298.83313.05306.06322.62311.62336.69385.36422.21458.56514.75(f) 577.61(f) 646.38(f) 724.28(f) 812.42(f) 909.13(f)
  118   NLD | 138 GGXWDN   Netherlands National currency | Billions   1995-2011123.88124.04122.09120.07101.58103.91108.79116.84128.22137.96133.95132.16123.69122.57131.79161.86192.03219.61(f) 250.29(f) 280.64(f) 306.91(f) 328.90(f) 346.13(f)
  119   NZL | 196 GGXWDN   New Zealand National currency | Billions   1985-201117.6922.3625.4827.7532.8234.8936.2437.8136.3134.2030.9827.2725.1023.4622.0921.1019.9818.8216.7713.339.5680.2880-10.21-8.875-1.5576.78617.0025.15(f) 28.65(f) 29.25(f) 28.54(f) 27.64(f) 27.59(f)
  121   NER | 692 GGXWDN   Niger National currency | Billions   1995-2011-5.7539.19034.6043.099.1653.547-5.06721.1427.3142.8943.68-700.5745.8219.8029.3818.87119.99157.49(f) 181.02(f) 207.35(f) 225.48(f) 241.93(f) 262.57(f)
  122   NGA | 694 GGXWDN   Nigeria National currency | Billions   2000-20103972.984286.544928.455516.855559.262902.20543.81990.55307.032750.494939.243624.40(f) 1321.40(f) -2171.52(f) -3025.57(f) -2740.50(f) -2151.87(f) -1201.42(f)
  123   NOR | 142 GGXWDN   Norway National currency | Billions   1980-20101.116-7.225-17.17-33.78-56.67-80.26-108.17-120.10-213.28-221.67-234.23-292.38-281.81-273.33-271.54-340.71-423.69-542.92-591.85-710.77-995.99-1294.39-1233.62-1512.43-1813.18-2358.35-2914.89-3202.67-3162.09-3691.73-4170.18-4556.00(f) -4999.55(f) -5423.83(f) -5816.78(f) -6183.93(f) -6532.99(f) -6869.91(f)
  125   PAK | 564 GGXWDN   Pakistan National currency | Billions   2001-20113699.483513.163539.683634.453895.654070.284301.165594.307248.788593.7810260.6412227.62(f) 13871.28(f) 15719.36(f) 17783.74(f) 20364.23(f) 23460.81(f)
  126   PAN | 283 GGXWDN   Panama National currency | Billions   1991-20116.2246.2256.2266.2276.2286.2296.2306.4777.0476.9447.6397.8237.7688.8279.0789.3979.5099.4609.91110.4211.5612.42(f) 12.97(f) 13.39(f) 13.47(f) 13.34(f) 12.90(f)
  129   PER | 293 GGXWDN   Peru National currency | Billions   2000-201166.2666.3372.3478.7478.9078.2168.9853.5346.2844.6443.0834.0228.06(f) 22.28(f) 15.83(f) 8.808(f) 1.221(f) -7.014(f)
  131   POL | 964 GGXWDN   Poland National currency | Billions   1995-2011-11.41-5.4360.34808.61742.2451.50108.36108.23148.61140.03156.02158.91120.24126.78201.18298.63357.91400.66(f) 435.43(f) 441.44(f) 437.39(f) 431.36(f) 398.63(f)
  132   PRT | 182 GGXWDN   Portugal National currency | Billions   1996-201054.2647.4547.3049.7253.3162.2267.4373.2579.3089.0994.19107.79115.85132.83153.97172.33(f) 185.98(f) 194.17(f) 199.15(f) 202.99(f) 206.44(f) 209.86(f)
  133   QAT | 453 GGXWDN   Qatar National currency | Billions   1990-20112.1433.7444.5547.68710.4311.7715.5818.9221.3130.9033.0133.4629.8027.0324.7622.8520.5014.7033.1093.73139.92184.91185.31(f) 170.92(f) 171.65(f) 163.72(f) 165.19(f) 174.13(f)
  139   SAU | 456 GGXWDN   Saudi Arabia National currency | Billions   1999-2010591.84562.78591.55629.37602.22506.76215.1722.46-247.32-817.34-708.81-841.25-1040.72(f) -1445.42(f) -1696.39(f) -1865.37(f) -1948.88(f) -1930.88(f) -1897.67(f)
  141   SRB | 942 GGXWDN   Serbia National currency | Billions   2000-2010919.04857.42753.08828.74850.33862.40685.85658.93816.83886.611193.351336.95(f) 1620.35(f) 1722.11(f) 1855.38(f) 1963.77(f) 2080.02(f) 2175.82(f)
  142   SYC | 718 GGXWDN   Seychelles National currency | Billions   2001-20107.0137.1666.4727.1376.9407.0659.70117.2111.958.9129.785(f) 10.34(f) 10.37(f) 10.40(f) 10.45(f) 10.39(f) 10.18(f)
  147   SLB | 813 GGXWDN   Solomon Islands National currency | Billions   2003-20101.6111.3701.4461.4661.3531.3641.2680.92400.8030(f) 0.6280(f) 0.4760(f) 0.3240(f) 0.1830(f) 0.0520(f)
  148   ZAF | 199 GGXWDN   South Africa National currency | Billions   2000-2010392.73439.61427.17460.77496.01517.93525.48500.09529.95656.00833.611037.47(f) 1183.92(f) 1346.98(f) 1520.20(f) 1632.46(f) 1697.17(f) 1734.53(f)
  149   ESP | 184 GGXWDN   Spain National currency | Billions   1985-201146.1459.0667.3176.2884.1696.39110.71129.08154.34187.58254.80284.65301.68309.53316.19317.35324.06321.14323.94324.91316.89302.11281.19335.05445.33522.40611.27712.22(f) 775.35(f) 835.16(f) 884.59(f) 931.42(f) 983.02(f)
  153   VCT | 364 GGXWDN   St. Vincent and the Gr National currency | Billions   1990-20110.35100.35900.37300.37200.41300.40000.36500.36500.39900.55800.58100.60500.66200.71000.83600.91700.97400.95201.0241.1231.1791.2841.324(f) 1.376(f) 1.410(f) 1.435(f) 1.458(f) 1.478(f)
  156   SWZ | 734 GGXWDN   Swaziland National currency | Billions   1993-20100.80900.81500.91401.0851.0301.6331.8682.3252.5902.7302.8622.2731.6471.275-0.1090-1.260-0.90401.5852.930(f) 3.011(f) 6.083(f) 8.433(f) 10.89(f) 13.40(f) 16.05(f)
  157   SWE | 144 GGXWDN   Sweden National currency | Billions   1993-2010281.28488.25462.64493.72477.40447.39264.4149.8840.30180.61117.0262.90-61.87-412.28-546.55-403.59-612.81-743.00-747.00(f) -743.30(f) -763.30(f) -816.61(f) -885.89(f) -982.26(f) -1106.88(f)
  158   CHE | 146 GGXWDN   Switzerland National currency | Billions   1983-200981.8486.3788.5790.8691.1891.7092.0914.9218.3830.6339.2348.6359.7161.2665.9746.7567.9789.4891.37120.66115.35121.03116.8792.0059.5449.1537.6526.34(f) 36.02(f) 36.56(f) 36.58(f) 36.25(f) 36.71(f) 37.18(f) 37.65(f)
  159   SYR | 463 GGXWDN   Syrian Arab Republic National currency | Billions   1990-2009445.91441.71533.72597.78680.34701.60745.08821.16904.78882.001070.091061.681068.571023.581063.45463.35521.20556.26558.78456.58520.26(f)
  167   TTO | 369 GGXWDN   Trinidad and Tobago National currency | Billions   2000-201022.9425.5428.2830.0827.8823.4316.6517.6613.8514.4014.9610.84(f) 21.20(f) 27.15(f) 34.21(f) 43.16(f) 53.44(f) 64.41(f)
  169   TUR | 186 GGXWDN   Turkey National currency | Billions   1995-20104.5649.34217.1631.4365.3895.89182.51247.35290.92307.56298.33295.61275.91317.06366.90398.06432.90(f) 439.54(f) 465.38(f) 495.85(f) 526.20(f) 559.11(f) 592.27(f)
  173   UKR | 926 GGXWDN   Ukraine National currency | Billions   1998-201048.2478.4674.7571.7171.7972.4080.5561.2863.8872.93173.87291.68415.88464.07(f) 512.94(f) 532.05(f) 564.54(f) 621.63(f) 698.42(f) 782.63(f)
  174   ARE | 466 GGXWDN   United Arab Emirates National currency | Billions   1999-2010-481.07-514.85-512.97-501.33-505.96-537.01-638.96-795.15-955.74-1163.98-1022.01-1009.70-1093.59(f) -1185.55(f) -1279.11(f) -1353.61(f) -1463.03(f) -1579.74(f) -1703.19(f)
  175   GBR | 112 GGXWDN   United Kingdom National currency | Billions   1980-201094.40111.07121.71129.38140.86153.34160.95166.66168.07156.71152.23154.61169.54207.80255.07297.44341.61368.23364.98364.32328.15328.89343.68383.98426.94468.25504.35535.99659.48849.371040.641179.74(f) 1311.12(f) 1422.92(f) 1516.73(f) 1586.39(f) 1628.61(f) 1649.85(f)
  176   USA | 111 GGXWDN   United States National currency | Billions   1980-2010718.71799.42964.621169.271348.951576.861824.022040.742269.802447.212664.532959.523346.963689.853878.794018.994098.054095.443978.423786.633543.943587.953990.254538.665821.156214.086493.436755.217677.359181.5410619.0612116.70(f) 13061.62(f) 14068.37(f) 14914.76(f) 15700.18(f) 16541.94(f) 17423.16(f)
  177   URY | 298 GGXWDN   Uruguay National currency | Billions   2001-2010141.72309.93334.96340.46308.67313.39313.93338.99335.14345.32344.48(f) 346.36(f) 367.94(f) 383.57(f) 398.12(f) 402.59(f) 402.53(f)
  181   VNM | 582 GGXWDN   Vietnam National currency | Billions   2001-2011145063.70154305.70197332.60226959.80238202.30267603.50314787.30365889.30584361.90703218.60917746.101044738.00(f) 1164315.00(f) 1284496.00(f) 1391711.00(f) 1510718.00(f) 1636842.00(f)
  182   YEM | 474 GGXWDN   Republic of Yemen National currency | Billions   1998-20091024.921124.05885.13905.62938.251127.121165.531189.221240.731518.151689.162225.262510.59(f) 2825.53(f) 3270.11(f) 3857.21(f) 4499.77(f) 5210.89(f) 5982.30(f) 6750.45(f)
  183   ZMB | 754 GGXWDN   Zambia National currency | Billions   2000-2011-319.2231083.8633249.6436997.2038623.3526815.579929.969902.7910925.2214234.4617138.5420956.4624484.07(f) 26267.15(f) 28002.74(f) 29819.80(f) 31639.93(f) 33411.91(f)
    NOTES
    2Albania : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: IMF Staff Latest actual data: 2010 Notes: Authorities are still following GFS 86 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;State Government Primary domestic currency: Albanian leks Data last updated: 03/2012
    3Algeria : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Central Bank Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Nonfinancial Public Corporation;Social Security Funds;State Government Primary domestic currency: Algerian dinars Data last updated: 03/2012
    5Antigua and Barbuda : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Eastern Caribbean dollars Data last updated: 03/2012
    8Australia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Fiscal projections are based IMF staff projections and the 2011?12 budget. 2011?12 mid-year economic and fiscal outlook and the Australian Bureau of Statistics Start/end months of reporting year: July/June Basis of recording: Cash General government includes: Central Government;Local Government;State Government; Valuation of public debt: Nominal value Primary domestic currency: Australian dollars Data last updated: 03/2012
    9Austria : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: National Statistical Office Latest actual data: 2011 Fiscal assumptions: Projections take the federal financial framework 2013-16 as well as associated further implementation needs and risks into account. Start/end months of reporting year: January/December General government includes: Central Government;Local Government;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: Euros Data last updated: 03/2012
    11The Bahamas : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010. FY2010/11 (2nd Quarter) Notes: All fiscal and debt series data in WEO are on fiscal year basis. Fiscal assumptions: Broadly elasticity of 1 with nominal growth, except for recent measures adopted by authorities. Start/end months of reporting year: July/June GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Bahamian dollars Data last updated: 04/2012
    12Bahrain : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Notes: The projections use the 1986 Manual --- all the series are on cash basis only. Fiscal assumptions: The projections are based on the current WEO assumptions (for Bahrain), as well as the country's debt profile and budget. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;Monetary Public Corporations, incl. central bank;State Government; Valuation of public debt: Face value Primary domestic currency: Bahrain dinars Data last updated: 03/2012
    15Belarus : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Projections based on 2012 budget and discussions with the authorities. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: Belarusian rubels Data last updated: 03/2012
    16Belgium : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Central Bank Latest actual data: 2011 Fiscal assumptions: IMF staff projections for 2012 and beyond are based on unchanged policies. Start/end months of reporting year: January/December GFS Manual used: 2001. ESA95 data definitions Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Social Security Funds;State Government;Other; Valuation of public debt: Nominal value Primary domestic currency: Euros Data last updated: 03/2012
    17Belize : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010. December 2011 (monthly) Fiscal assumptions: Based on WEO assumptions, authorities' input, some modeling, and team appraisal. Start/end months of reporting year: April/March GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Monetary Public Corporations, incl. central bank;Nonmonetary Financial Public Corporations; Valuation of public debt: Nominal value Primary domestic currency: Belize dollars Data last updated: 03/2012
    20Bolivia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Monetary Public Corporations, incl. central bank;Nonfinancial Public Corporation;Nonmonetary Financial Public Corporations;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Thousands of Bolivianos Data last updated: 04/2012
    21Bosnia and Herzegovina : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance. Additional data received from the Indirect Tax Authority Latest actual data: 2010 Fiscal assumptions: Budget, macro framework, structural reforms set by program, and WEO. 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;State Government;Other; Valuation of public debt: Face value Primary domestic currency: Convertible marka Data last updated: 03/2012
    23Brazil : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Notes: General Government data refers to the non-financial public sector, which includes the federal, state and local governments as well as public enterprises. Revenue and expenditures of federal public enterprises are added in full to the respective aggregates Fiscal assumptions: For 2012, the projection is based on the budget and subsequent updates to plans announced by the authorities. In this and outer years, the IMF staff assumes adherence to the announced primary target and further invest in public investment in line with the authorities? intentions. Start/end months of reporting year: January/December GFS Manual used: 2001. No separate info in capital revenue is available, hence the GFSM 2001 adjustments could not be made to total revenue may still include capital revenue and net acquisition of nonfinancial assets may not be net of capital revenue. General government includes: Central Government;Local Government;Monetary Public Corporations, incl. central bank;Nonfinancial Public Corporation;Social Security Funds;State Government Primary domestic currency: Brazilian reais Data last updated: 03/2012
    25Bulgaria : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 GFS Manual used: 2001 General government includes: Central Government;Local Government;Social Security Funds;State Government Primary domestic currency: Bulgarian leva Data last updated: 03/2012
    29Cameroon : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Actual fiscal data and WEO projections Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Nonfinancial Public Corporation; Valuation of public debt: Current market value Primary domestic currency: CFA francs Data last updated: 03/2012
    30Canada : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Haver Analytics. The source for gross and net debt is OECD. Latest actual data: 2011 Notes: Fiscal data are on a calendar year basis. Fiscal assumptions: Projections use the baseline forecasts in the Economic Action Plan 2012, Jobs Growth and Long-Term Prosperity, March 29, 2012. The IMF staff makes some adjustments to this forecast for differences in macroeconomic projections. The IMF staff forecast also incorporates the most recent data releases from Finance Canada (The January 2012 Fiscal Monitor, March 29, 2012) and Statistics Canada, including federal, provincial, and territorial budgetary outturns through the end of 2011:Q4. Start/end months of reporting year: January/December GFS Manual used: 2001. Comment: Preliminary data: based on quarterly data. Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Nonfinancial Public Corporation;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: Canadian dollars Data last updated: 04/2012
    31Cape Verde : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Start/end months of reporting year: January/December GFS Manual used: 2001 General government includes: Central Government;Social Security Funds Primary domestic currency: Cape Verde escudos Data last updated: 03/2012
    34Chile : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Notes: GGCB and GGSB are approximated by the Central Government Cyclical-Adjusted Balance and Structural Balance, respectively as more than 90% of the expenditures and revenues are from the Central Government. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual). Some elements including tax revenues are recorded on a cash basis General government includes: Central Government;Local Government; Valuation of public debt: Nominal value Primary domestic currency: Chilean pesos Data last updated: 04/2012
    36Colombia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Revenue (cash); Expenditure (accrual) General government includes: Central Government;Local Government;Social Security Funds;Other; Valuation of public debt: Nominal value Primary domestic currency: Colombian pesos Data last updated: 03/2012
    39Republic of Congo : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual). Also balance, cash basis General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: CFA francs Data last updated: 03/2012
    40Costa Rica : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance and Central Bank. Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 1986. Desk is working on the transition to GFS2001. Basis of recording: Cash General government includes: Central Government;Nonfinancial Public Corporation;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Costa Rican colones Data last updated: 03/2012
    45Denmark : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: IFS - International Finance Statistics Latest actual data: 2010 Fiscal assumptions: Projections for 2012?13 are aligned with the latest official budget estimates and the underlying economic projections, adjusted where appropriate for the IMF staff?s macroeconomic assumptions. For 2014?17, the projections incorporate key features of the medium-term fiscal plan as embodied in the authorities? 2011 Convergence Program submitted to the European Union. Monetary policy is to maintain the peg to the Euro. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: Danish kroner Data last updated: 04/2012
    47Dominica : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010. Latest data is for fiscal year 2010/2011 Fiscal assumptions: Fiscal projections assume adjustment measures to achieve the fiscal targets under the authorities' January 2012 RCF request. Start/end months of reporting year: July/June GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;. Debt corresponds to nonfinancial public sector (central government and SOEs) Valuation of public debt: Nominal value Primary domestic currency: Eastern Caribbean dollars Data last updated: 03/2012
    48Dominican Republic : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 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;State Government; Valuation of public debt: Face value Primary domestic currency: Dominican pesos Data last updated: 03/2012
    50Egypt : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010/11. Fiscal year 2010/2011 (June 2011) Fiscal assumptions: The fiscal projections are mainly based on budget sector operations (with trends of main variables discussed with the Ministry of Finance during the 2010 Article IV consultation). Start/end months of reporting year: July/June GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;State Government;Other; Valuation of public debt: Nominal value Primary domestic currency: Egyptian pounds Data last updated: 03/2012
    52Equatorial Guinea : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: CFA francs Data last updated: 03/2012
    54Estonia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: The forecast, which is cash-, not accrual-, based, incorporates the authorities? 2012 budget, adjusted for newly available information and for the staff?s macroeconomic scenario. 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 value Primary domestic currency: Euro Data last updated: 03/2012
    55Ethiopia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011. Data for 2010/11 is available Start/end months of reporting year: July/June GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Ethiopian birr Data last updated: 03/2012
    56Fiji : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Latest actual data: 2007 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government Primary domestic currency: Fiji dollars Data last updated: 01/2012
    57Finland : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance. Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Based on announced policies by the authorities, adjusted for the Staff macroeconomic scenario. 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: 03/2012
    58France : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: National Statistical Office Latest actual data: 2010 Fiscal assumptions: Estimates for the general government in 2010 reflect the actual outturn. Projections for 2011 are based on preliminary outturn for central government only. Projections for 2012 and beyond reflect the authorities? 2011?14 multi-year budget, adjusted for two fiscal packages and differences in assumptions on macro and financial variables, and revenue projections. 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: 03/2012
    60The Gambia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Projections are based on known projects and commitments, macroeconomic projections, and anticipated policy changes. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Gambian dalasis Data last updated: 03/2012
    62Germany : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: National Statistical Office. Data of general government gross debt comes from EUROSTAT Latest actual data: 2011 Fiscal assumptions: The estimates for 2011 are preliminary estimates from the Federal Statistical Office of Germany. The IMF staff?s projections for 2012 and beyond reflect the authorities? adopted core federal government budget plan adjusted for the differences in the IMF staff?s macroeconomic framework and staff assumptions about fiscal developments in state and local governments, the social insurance system, and special funds. The projections also incorporate authorities? plans for tax reduction in 2013-2014. The estimate of gross debt includes portfolios of impaired assets and non-core business transferred to institutions that are winding up as well as other financial sector and EU support operations. 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;State Government;Other;. other refers to special funds Valuation of public debt: Face value Primary domestic currency: Euros Data last updated: 04/2012
    63Ghana : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: January/December GFS Manual used: 2001 General government includes: Central Government; Valuation of public debt: Face value Primary domestic currency: Ghanaian cedis Data last updated: 03/2012
    64Greece : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Macroeconomic, monetary and fiscal projections for 2012 and the medium term are consistent with the policies agreed to between the IMF staff and the authorities in the context of the Extended Fund Facility (EFF). The data include fiscal data revisions for 2006?09. These revisions rectify a number of shortfalls with earlier statistics. First, government-controlled enterprises whose sales cover less than 50 percent of production costs have been reclassified into the general government sector, in line with Eurostat guidelines. A total of 17 such enterprises or entities were identified and included, including a number of large loss-making entities. The inclusion implies that the debt of these entities (7¼ percent of GDP) is now included in headline general government debt data and that their annual losses increase the annual deficit (to the extent their called guarantees were not already reflected). Second, the revisions reflect better information on arrears (including tax refund arrears, arrears on lump sum payments to retiring civil servant pensioners, and arrears to health sector suppliers), as well as corrections of social security balances on account of corrected imputed interest payments, double counting of revenues, and other inaccuracies. Finally, new information on swaps also became available and further helps explain the upward revision in debt data. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Nominal value. Net debt data, including historical data, are provisional. Primary domestic currency: Euros Data last updated: 03/2012
    65Grenada : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011. Preliminary. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;. Debt corresponds to public sector (central government + public enterprises) Valuation of public debt: Nominal value Primary domestic currency: Eastern Caribbean dollars Data last updated: 03/2012
    67Guinea : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Guinean francs Data last updated: 03/2012
    69Guyana : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Consistent with other sectors. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Guyana dollars Data last updated: 02/2012
    73Hungary : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010. Preliminary Fiscal assumptions: Fiscal projections include IMF staff projections of the macro framework and of the impact of existing legislated measures, as well as fiscal policy plans as announced by end of the first week of September 2011. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Nonfinancial Public Corporation;Social Security Funds; Valuation of public debt: Face value Primary domestic currency: Hungarian forint Data last updated: 03/2012
    74Iceland : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: National Statistical Office Latest actual data: 2011 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) Valuation of public debt: Face value Primary domestic currency: Icelandic krónur Data last updated: 03/2012
    77Islamic Republic of Iran : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: March/February GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;. General Government data set equal to Central Government since General Government data are not reported. Primary domestic currency: Iranian rials Data last updated: 03/2012
    79Ireland : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: National Statistical Office Latest actual data: 2011 Fiscal assumptions: Fiscal projections are based on the 2012 budget and the ?12.4 billion in consolidation effort over 2012-15 committed in the Medium-Term Fiscal Statement (published November 2011). The fiscal projections are adjusted for differences between the macroeconomic projections of the IMF staff and those of the Irish authorities. Start/end months of reporting year: January/December GFS Manual used: 2001. Data are provided with ESA 95 and mapped to GFS Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Social Security Funds;Other; Valuation of public debt: Nominal value Primary domestic currency: Euros Data last updated: 04/2012
    80Israel : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Historical data are based on Government Finance Statistics (GFS) submitted by the Ministry of Finance. The historical data, together with the announced fiscal consolidation plan by the authorities, form the basis for staff medium-term fiscal projections. Monetary policy stance is assumed to be unchanged. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Quasi-accrual basis. General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Israeli new sheqalim Data last updated: 03/2012
    81Italy : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: National Statistical Office Latest actual data: 2011 Fiscal assumptions: Fiscal projections incorporate the impact of the government?s announced fiscal adjustment package (July 2010 measures covering 2011?13; July-August 2011 measures covering 2011?14: and December 2011 measures covering 2012-14). The estimates for the 2011 outturn are preliminary. The IMF staff projections are based on the authorities? estimates of the policy scenario (as derived, in part, by the IMF staff), including the above-mentioned medium-term fiscal consolidation packages, and adjusted mainly for differences in macroeconomic assumptions and for less optimistic assumptions concerning the impact of revenue administration measures. After 2014, a constant cyclically adjusted primary balance net of one-time items is assumed. GFS Manual used: 2001 General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Euros Data last updated: 03/2012
    83Japan : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Cabinet Office of Japan Latest actual data: 2010 Fiscal assumptions: The projections include fiscal measures already announced by the government (except for consumption tax increases) and gross earthquake reconstruction spending. The medium-term projections assume that expenditure and revenue of the general government are adjusted in line with current underlying demographic and economic trends (excluding fiscal stimulus and reconstruction spending). 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. Gross public debt includes equity shares. Primary domestic currency: Japanese yen Data last updated: 03/2012
    84Jordan : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Face value Primary domestic currency: Jordanian dinars Data last updated: 03/2012
    85Kazakhstan : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: IMF Staff Latest actual data: 2011 Fiscal assumptions: Budget Law and staff projections Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government; Valuation of public debt: Nominal value Primary domestic currency: Kazakhstani tenge Data last updated: 03/2012
    86Kenya : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010. (Average of 1999/2000 and 2000/2001) = 2000; Fiscal year runs from July to June Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government; Valuation of public debt: Current market value Primary domestic currency: Kenya shillings Data last updated: 03/2012
    88Korea : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: The fiscal projections assume that fiscal policies will be implemented in 2012 as announced by the government. Projections of expenditure for 2012 are in line with the budget. Revenue projections reflect the IMF staff?s macroeconomic assumptions, adjusted for discretionary revenue-raising measures included in the 2009-11 tax revision plans. The medium-term projections assume that the government will continue with its consolidation plans and balance the budget (excluding social security funds) by 2013, consistent with the government?s medium term goal. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;. For government gross/net debt only, general government includes central government and local government, starting from 2001. Valuation of public debt: Nominal value Primary domestic currency: Korean won Data last updated: 04/2012
    93Latvia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: The fiscal forecast assumes continuation of the EC/IMF-supported program, including the implementation of further sizeable measures. Bank restructuring costs are included. Start/end months of reporting year: January/December GFS Manual used: NAS Basis of recording: Cash General government includes: Central Government;Local Government;Nonfinancial Public Corporation;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Latvian lats Data last updated: 03/2012
    94Lebanon : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Revenue projections are made based on the macroeconomic assumptions and revenue buoyancy of various taxes (as measures by elasticity measures and staff's understanding of the authorities' tax policy measures). On the spending side, projections reflect the authorities' projections, with a few deviations to take into account key macroeconomic assumptions (e.g., WEO oil price for subsidies to the electricity company). Monetary projections are based on key assumptions on deposits growth, dollarization and credit to private sector. Start/end months of reporting year: January/December GFS Manual used: 1986. Transition to GFSM 2001 is currently underway. Basis of recording: Cash. Modified cash basis (only corrects for arrears) General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Lebanese pounds Data last updated: 03/2012
    95Lesotho : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2008 Start/end months of reporting year: April/March GFS Manual used: 2001 General government includes: Central Government;Local Government; Valuation of public debt: Current market value Primary domestic currency: Loti Data last updated: 04/2012
    96Liberia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Notes: Debt relief was granted in 2009, which explained the high number for that year in general government net lending/borrowing. Start/end months of reporting year: July/June GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government; Valuation of public debt: Face value Primary domestic currency: U.S. dollars Data last updated: 03/2012
    97Libya : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;Local Government;State Government; Valuation of public debt: Face value Primary domestic currency: Libyan dinars Data last updated: 03/2012
    98Lithuania : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Fiscal projections for 2012 are based on the authorities? 2012 budget after adjusting for differences in macroeconomic 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;State Government; Valuation of public debt: Nominal value Primary domestic currency: Lithuanian litai Data last updated: 03/2012
    100Former Yugoslav Republic of Macedonia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Budget forecast and medium term projections. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: Macedonia denars Data last updated: 03/2012
    102Malawi : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government Primary domestic currency: Malawi kwacha Data last updated: 02/2012
    105Mali : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Aprroved budget and agreed program budget for current year; authorities'medium-term fiscal framework plus staff estimates for outer years. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Expenditure is reported on accrual basis, revenue on a cash basis (except for corporate income tax, which has a separate reporting regime) General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: CFA francs Data last updated: 03/2012
    108Mauritius : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: Starting in 2000 we are reporting on calendar year and prior to that the fiscal year ends in June. GFS Manual used: 2001. Not all details available, we are processing and should update in the next round. Basis of recording: Cash. Few non-cash calculations. General government includes: Central Government;Local Government;Nonfinancial Public Corporation;State Government; Valuation of public debt: Face value Primary domestic currency: Mauritian rupees Data last updated: 03/2012
    109Mexico : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections are based on (1) the IMF staff?s macroeconomic projections; (2) the modified balanced budget rule  under the Fiscal Responsiblitiy Legislation, including the use of the exceptional clause; and (3) the authorities? projections for spending, including for pensions and health care, and for wage restraint. For 2013 onward, projections assume compliance with balanced budget rule. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;Nonfinancial Public Corporation;Social Security Funds; Valuation of public debt: Face value Primary domestic currency: Mexican pesos Data last updated: 03/2012
    110Moldova : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Various bases and growth rates for GDP, consumption , import, wages, energy prices, demographic changes. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash Valuation of public debt: Nominal value Primary domestic currency: Moldovan lei Data last updated: 03/2012
    112Montenegro : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Medium-Term framework and fiscal policy Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: euro Data last updated: 03/2012
    113Morocco : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Economy Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Face value Primary domestic currency: Moroccan dirhams Data last updated: 03/2012
    116Namibia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: April/March GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Other; Valuation of public debt: Nominal value Primary domestic currency: Namibia dollars Data last updated: 03/2012
    117Nepal : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010/11 Start/end months of reporting year: August/July GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Nepalese rupees Data last updated: 03/2012
    118Netherlands : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Fiscal projections for the period 2011?15 are based on the authorities? Bureau for Economic Policy Analysis budget projections, after adjusting for differences in macroeconomic assumptions. For 2016-17, the projections assume fiscal consolidation continues at about the same pace as for 2015. 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: 03/2012
    119New Zealand : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: New Zealand: Fiscal Projections are based on the authorities 2011 Budget and IMF staff estimates. The New Zealand fiscal accounts switched to New Zealand International Financial Reporting Standards in Budget 2007/08. Backdated data has been released back to 1997. Start/end months of reporting year: July/June GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Social Security Funds; Valuation of public debt: Current market value Primary domestic currency: New Zealand dollars Data last updated: 04/2012
    121Niger : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Latest actual data: 2011 Start/end months of reporting year: January/December GFS Manual used: 2001 General government includes: Central Government Primary domestic currency: CFA francs. Data last updated: 03/2012
    122Nigeria : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Historical data series, annual budget and MTEF at the Federal Government level, and additional data from the authorities Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Nonfinancial Public Corporation;State Government; Valuation of public debt: Current market value Primary domestic currency: Nigerian naira Data last updated: 03/2012
    123Norway : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: National Statistical Office and Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections are based on the authorities? 2012 budget announced in October 2011. 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;State Government; Valuation of public debt: Current market value Primary domestic currency: Norwegian kroner Data last updated: 03/2012
    125Pakistan : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Start/end months of reporting year: July/June GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;Local Government;State Government; Valuation of public debt: Nominal value Primary domestic currency: Pakistan rupees Data last updated: 03/2012
    126Panama : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Economy Latest actual data: 2011. 2011. The NFPS excludes the Panama Canal Authority and three other public enterprises. Fiscal assumptions: Budget Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;Local Government;Nonfinancial Public Corporation;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: U.S. dollars Data last updated: 03/2012
    129Peru : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;State Government; Valuation of public debt: Face value Primary domestic currency: Peruvian nuevos soles Data last updated: 03/2012
    131Poland : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Eurostat Latest actual data: 2011. Preliminary Fiscal assumptions: Data is on a ESA-95 (accrual) basis. Projections are based on the 2011 budget and other fiscal consolidation measures announced as of March 2011, as well as on the planned diversion of contributions from the pillar II to the pillar I pension system. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: 0 Valuation of public debt: Nominal value Primary domestic currency: Polish zlotys Data last updated: 03/2012
    132Portugal : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Eurostat since 1995 Latest actual data: 2010 Fiscal assumptions: Projections reflect the authorities? commitments under the EU-IMF-supported Program for 2012-13, and staff?s projections afterwards. 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;State Government;Other; Valuation of public debt: Nominal value Primary domestic currency: Euros Data last updated: 03/2012
    133Qatar : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Latest actual data: 2010/11. 2010/2011 Start/end months of reporting year: April/March GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;Monetary Public Corporations, incl. central bank; Valuation of public debt: Nominal value Primary domestic currency: Qatar riyals Data last updated: 03/2012
    139Saudi Arabia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: The authorities base their budget on a conservative assumption for oil prices with adjustments to expenditure allocations considered in the event that revenues exceed budgeted amounts. IMF staff projections of oil revenues are based on WEO baseline oil prices discounted by approximately 5 percent, reflecting the higher sulfur content in Saudi crude oil. On the expenditure side, wages are assumed to rise at a natural rate of increase in the medium term with adjustments for recently announced changes in the wage structure. In 2013 and 2016, 13th-month pay is awarded based on the lunar calendar. Transfers increased in 2011, primarily due to a one-time transfer to specialized credit institutions. Interest payments are projected to decline in line with the authorities' policy of reducing the outstanding stock of public debt. Capital spending is in line with the priorities established in the authorities' Ninth Development Plan, and recently announced capital spending on housing is assumed to start in 2012 and continue over the medium term. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;Other; Valuation of public debt: Nominal value Primary domestic currency: Saudi Arabian riyals Data last updated: 03/2012
    141Serbia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010. Data are produced monthly. Latest data is August 2010. Fiscal assumptions: Authorities'SBA supported program Start/end months of reporting year: January/December GFS Manual used: 1986. Combination of 1986 Basis of recording: Cash General government includes: Local Government;Social Security Funds;State Government;Other;. The general government includes the social security funds, pension fund, the employment fund, health fund, and the oad company Valuation of public debt: Nominal value Primary domestic currency: Serbian dinars Data last updated: 02/2012
    142Seychelles : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Staff projections Start/end months of reporting year: January/December GFS Manual used: 1986. Change in presentation to reflect 2011 Budget classification and transition to GFS2001. Data prior to 2007 may not add up due to breaks in the GFS1986/2001 coverage. Basis of recording: Cash General government includes: Central Government;Social Security Funds;. Change in coverage of general government as of 2011 Budget and incorporation of budget dependent entities Valuation of public debt: Nominal value. Book value Primary domestic currency: Seychelles rupees Data last updated: 04/2012
    147Solomon Islands : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections are based on program supported by the SCF arrangement with the Fund. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Solomon Islands dollar Data last updated: 03/2012
    148South Africa : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections are based on the authorities? 2012 budget and policy intentions stated in the Budget Review, published February 22, 2012. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: South African rand Data last updated: 03/2012
    149Spain : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance. Eurostat Latest actual data: 2011. Preliminary Fiscal assumptions: The 2011 numbers are based on the authorities? estimated outturns for the general government for the year. For 2012 and beyond, the projections are based on measures implemented during the course of 2012 and the authorities? deficit target for 2012. The draft budget for 2012 was not available at the time of staff?s forecast. Start/end months of reporting year: January/December GFS Manual used: ESA95, consistent with Eurostat dataset Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: Euros Data last updated: 03/2012
    153St. Vincent and the Grenadines : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Discussions with the authorities and projections for growth and inflation Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;. Debt corresponds to nonfinancial public sector (central government and SOEs) Valuation of public debt: Nominal value Primary domestic currency: Eastern Caribbean dollars Data last updated: 03/2012
    156Swaziland : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: April/March GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Swaziland emalangeni Data last updated: 03/2012
    157Sweden : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections for 2012 are broadly in line with the authorities? projections. The impact of cyclical developments on the fiscal accounts is calculated using the Organization for Economic Cooperation and Development?s latest semi-elasticity.? Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;State Government Primary domestic currency: Swedish kronor Data last updated: 04/2012
    158Switzerland : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2009 Fiscal assumptions: Projections for 2010?17 are based on IMF staff calculations, which incorporate measures to restore balance in the federal accounts and strengthen social security finances. Monetary policy variables reflect historical data from the national authorities and market. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Swiss francs Data last updated: 03/2012
    159Syrian Arab Republic : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Face value Primary domestic currency: Syrian pounds Data last updated: 02/2012
    167Trinidad and Tobago : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Notes: Debt includes only general government and debt of banks, but not of the other private sector. Start/end months of reporting year: October/September GFS Manual used: 1986 General government includes: Central Government;Nonfinancial Public Corporation Primary domestic currency: Trinidad and Tobago dollars Data last updated: 03/2012
    169Turkey : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections assume that current expenditures will be in line with the authorities? 2012?14 Medium-Term Program (MTP), but that capital expenditures will be exceeded given projects initiated in 2011. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: Turkish lira Data last updated: 04/2012
    173Ukraine : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Projections based on IMF staff estimates. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: Ukrainian hryvnias Data last updated: 03/2012
    174United Arab Emirates : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 1986 General government includes: Central Government Primary domestic currency: U.A.E. dirhams Data last updated: 03/2012
    175United Kingdom : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: National Statistical Office Latest actual data: 2010 Notes: General government variables exclude the effects of temporary effect of financial interventions. Fiscal assumptions: Fiscal projections are based on the authorities? 2012 budget announced in March 2012 and the Economic and Fiscal Outlook by the Office for Budget Responsibility published along with the budget. These projections incorporate the announced medium-term consolidation plans from 2012 onward. The projections are adjusted for differences in forecasts of macroeconomic and financial variables and exclude the temporary effects of financial sector interventions and the effect on public sector net investment in 2012-13 of transferring assets from the Royal Mail Pension Plan to the public sector. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government; Valuation of public debt: Nominal value Primary domestic currency: Sterling pounds Data last updated: 03/2012
    176United States : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: BEA and IMF's Government Finance Statistics Yearbook (revenue, expenditure, and net lending); Flow of Funds (debt) Latest actual data: 2010 Notes: Revenue, expenditure, and net lending data are compiled according to the GFSM2001 methodology. Due to data limitations, most series begin 2001. Fiscal assumptions: Fiscal projections are based on the January 2012 CBO baseline adjusted for the IMF staff's policy and macroeconomic assumptions. The key near-term policy assumptions include a continuation of the payroll tax cut during 2012, an extension of emergency unemployment benefits into 2013 (one year beyond the current law), and an automatic sequestration of spending from 2013 triggered by the failure of the Joint Select Committee on Deficit Reduction. In the medium term, IMF staff assumes that Congress will continue to make regular adjustments to the AMT parameters and Medicare payments (DocFix), will extend certain traditional programs (such as the research and development tax credit), the Bush tax cuts for the middle-class will be extended permanently, but the Bush tax cuts for the higher-income taxpayers will be allowed to expire from 2014 (one year later than planned under the current law). The fiscal projections are adjusted to reflect the IMF staff?s forecasts of key macroeconomic and financial variables, different accounting treatment of the financial sector support, and are converted to the general government basis. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;State Government; Valuation of public debt: Nominal value Primary domestic currency: U.S. dollars Data last updated: 03/2012
    177Uruguay : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Nonfinancial Public Corporation;Social Security Funds; Valuation of public debt: Face value Primary domestic currency: Uruguayan pesos Data last updated: 04/2012
    181Vietnam : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: 2010 is based on authorities' budget (for expenditure); for projections on revenues and financing, staff use the information/measures in the approved budget but the team's macro-framework assumptions. Start/end months of reporting year: January/December GFS Manual used: 2001 General government includes: Central Government;Local Government;Monetary Public Corporations, incl. central bank;State Government; Valuation of public debt: Nominal value Primary domestic currency: Vietnamese dong Data last updated: 03/2012
    182Republic of Yemen : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2009 Fiscal assumptions: Hydrocarbon revenue projection are based at WEO assumptions for oil and gas prices (authorities use $55/brl) and authorities projections of production of oil and gas. Non-hydrocarbon revenues largely reflect authorities projection, as well as most of the expenditure categories with exception of fuel subsidies which are projected based at WEO price consistent with revenues. Monetary projection are based on key macroeconomic assumptions on growth rate of broad money, credit to private sector, deposit growth. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government; Valuation of public debt: Nominal value Primary domestic currency: Yemeni rials Data last updated: 04/2012
    183Zambia : Net debt is calculated as gross debt minus financial assets corresponding to debt instruments. These financial assets are: monetary gold and SDRs, currency and deposits, debt securities, loans, insurance, pension, and standardized guarantee schemes, and other accounts receivable. Source: Ministry of Finance Latest actual data: 2011 Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Current market value Primary domestic currency: Zambian kwacha Data last updated: 03/2012