Iceland - Net lending
Net lending (+) / net borrowing (-) (current LCU)
The value for Net lending (+) / net borrowing (-) (current LCU) in Iceland was -27,834,480,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 316,357,000,000 in 2016 and a minimum value of -180,156,000,000 in 2008.
Definition: Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 1972 | 4,600,000 |
| 1973 | -600,000 |
| 1974 | -34,000,000 |
| 1975 | -49,900,000 |
| 1976 | 31,700,000 |
| 1977 | -14,500,000 |
| 1978 | -800,000 |
| 1979 | -13,600,000 |
| 1980 | 75,800,000 |
| 1981 | 241,500,000 |
| 1982 | 318,000,000 |
| 1983 | -1,581,000,000 |
| 1984 | 879,400,000 |
| 1985 | -2,294,800,000 |
| 1986 | -6,443,000,000 |
| 1987 | -4,624,300,000 |
| 1988 | -8,909,300,000 |
| 1989 | -10,849,500,000 |
| 1990 | -9,693,100,000 |
| 1991 | -15,034,200,000 |
| 1992 | -10,606,300,000 |
| 1993 | -12,727,000,000 |
| 1994 | -12,748,100,000 |
| 1995 | -11,110,900,000 |
| 1996 | -5,637,200,000 |
| 1997 | 2,209,700,000 |
| 1998 | 7,079,971,000 |
| 1999 | 17,438,490,000 |
| 2000 | 18,531,600,000 |
| 2001 | -463,752,300 |
| 2002 | -10,153,390,000 |
| 2003 | -17,365,240,000 |
| 2004 | 7,412,697,000 |
| 2005 | 52,624,030,000 |
| 2006 | 75,871,190,000 |
| 2007 | 69,664,240,000 |
| 2008 | -180,156,000,000 |
| 2009 | -124,666,000,000 |
| 2010 | -98,962,610,000 |
| 2011 | -110,269,000,000 |
| 2012 | -39,494,570,000 |
| 2013 | -15,877,380,000 |
| 2014 | 23,778,200,000 |
| 2015 | 5,161,816,000 |
| 2016 | 316,357,000,000 |
| 2017 | 60,224,680,000 |
| 2018 | 43,206,340,000 |
| 2019 | -27,834,480,000 |
Net lending (+) / net borrowing (-) (% of GDP)
Net lending (+) / net borrowing (-) (% of GDP) in Iceland was -0.91 as of 2019. Its highest value over the past 47 years was 12.59 in 2016, while its lowest value was -11.33 in 2008.
Definition: Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1972 | 0.62 |
| 1973 | -0.06 |
| 1974 | -2.25 |
| 1975 | -2.31 |
| 1976 | 1.04 |
| 1977 | -0.33 |
| 1978 | -0.01 |
| 1979 | -0.14 |
| 1980 | 0.47 |
| 1981 | 0.96 |
| 1982 | 0.80 |
| 1983 | -2.30 |
| 1984 | 0.97 |
| 1985 | -1.85 |
| 1986 | -3.93 |
| 1987 | -2.17 |
| 1988 | -3.39 |
| 1989 | -3.35 |
| 1990 | -2.57 |
| 1991 | -3.69 |
| 1992 | -2.60 |
| 1993 | -3.03 |
| 1994 | -2.85 |
| 1995 | -2.41 |
| 1996 | -1.14 |
| 1997 | 0.41 |
| 1998 | 1.17 |
| 1999 | 2.68 |
| 2000 | 2.61 |
| 2001 | -0.06 |
| 2002 | -1.19 |
| 2003 | -1.98 |
| 2004 | 0.76 |
| 2005 | 4.96 |
| 2006 | 6.19 |
| 2007 | 5.02 |
| 2008 | -11.33 |
| 2009 | -7.67 |
| 2010 | -5.89 |
| 2011 | -6.25 |
| 2012 | -2.14 |
| 2013 | -0.81 |
| 2014 | 1.14 |
| 2015 | 0.22 |
| 2016 | 12.59 |
| 2017 | 2.28 |
| 2018 | 1.52 |
| 2019 | -0.91 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
