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Projection of General government net lending/borrowing for United Kingdom (GGNLBPGBA188N)

Observation:

2029: -3.383 (+ more)   Updated: Apr 29, 2024 9:37 AM CDT
2029:  -3.383  
2028:  -3.489  
2027:  -3.600  
2026:  -3.700  
2025:  -3.716  
View All

Units:

Percent of GDP,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: International Monetary Fund  

Release: World Economic Outlook  

Units:  Percent of GDP, Not Seasonally Adjusted

Frequency:  Annual

Notes:

This is a projection of the series General government net lending/borrowing for United Kingdom (https://fred.stlouisfed.org/series/GGNLBAGBA188N). Net lending (+)/ borrowing (-) is calculated as revenue minus total expenditure. This is a core Government Finance Statistics (GFS) balance that measures the extent to which general government is either putting financial resources at the disposal of other sectors in the economy and nonresidents (net lending), or utilizing the financial resources generated by other sectors and nonresidents (net borrowing). This balance may be viewed as an indicator of the financial impact of general government activity on the rest of the economy and nonresidents (Government Finance Statistics Manual 2001 (GFSM 2001), paragraph 4.17). Note: Net lending (+)/borrowing (-) is also equal to net acquisition of financial assets minus net incurrence of liabilities.

Copyright © 2016, International Monetary Fund. Reprinted with permission. Complete terms of use and contact details are available at http://www.imf.org/external/terms.htm.

Suggested Citation:

International Monetary Fund, Projection of General government net lending/borrowing for United Kingdom [GGNLBPGBA188N], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/GGNLBPGBA188N, .

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