Net investment in nonfinancial assets (% of GDP) - Country Ranking - Europe

Definition: Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 Turkey 4.39 2016
2 Albania 3.88 2016
3 Latvia 3.58 2016
4 Estonia 3.35 2016
5 Norway 3.00 2016
6 Greece 2.96 2016
7 Slovak Republic 2.79 2016
8 Luxembourg 2.43 2016
9 Malta 2.28 2016
10 San Marino 2.20 2007
11 Denmark 2.17 2016
12 Sweden 2.10 2016
13 Poland 2.07 2016
14 Cyprus 2.00 2016
15 Lithuania 1.97 2016
16 Hungary 1.96 2016
17 North Macedonia 1.94 2016
18 Moldova 1.87 2016
19 Czech Republic 1.83 2016
20 Slovenia 1.82 2016
21 Bosnia and Herzegovina 1.82 2016
22 Romania 1.80 2016
23 Austria 1.74 2016
24 Serbia 1.74 2012
25 Iceland 1.74 2016
26 United Kingdom 1.57 2016
27 Ireland 1.56 2016
28 France 1.55 2016
29 Finland 1.53 2016
30 Bulgaria 1.49 2016
31 Netherlands 1.49 2016
32 Italy 0.98 2016
33 Croatia 0.96 2014
34 Switzerland 0.91 2016
35 Belarus 0.81 2016
36 Portugal 0.66 2016
37 Germany 0.66 2016
38 Ukraine 0.63 2016
39 Spain 0.63 2016
40 Belgium 0.23 2016

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Limitations and Exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries.

Statistical Concept and Methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.

Aggregation method: Weighted average

Periodicity: Annual