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Govt revenue
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 revenue   GGR   National currency | Billions Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. (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
  1   AFG | 512 GGR   Islamic Republic of Af National currency | Billions   2002-201015.3024.8136.0356.6464.6386.8793.63126.39160.37205.28(f) 229.16(f) 257.13(f) 288.77(f) 315.93(f) 348.49(f) 383.93(f)
  2   ALB | 914 GGR   Albania National currency | Billions   1997-201058.8499.65121.03126.10139.15154.60167.15184.36204.16229.52251.55290.90298.98319.62330.45(f) 342.95(f) 358.67(f) 378.76(f) 396.55(f) 416.18(f) 438.52(f)
  3   DZA | 612 GGR   Algeria National currency | Billions   1990-2010160.20272.40316.80320.10434.16600.85825.16926.67774.51972.781578.161479.101603.281947.442215.173082.673639.913687.855190.623675.264382.475480.93(f) 5840.38(f) 5766.16(f) 5698.82(f) 5741.19(f) 5859.12(f) 6114.86(f)
  4   AGO | 614 GGR   Angola National currency | Billions   2000-200948.0590.32190.84394.90609.691085.841685.032124.673217.422069.733295.49(f) 4629.38(f) 5260.45(f) 5569.87(f) 5931.84(f) 6057.12(f) 6223.70(f) 6615.36(f)
  5   ATG | 311 GGR   Antigua and Barbuda National currency | Billions   1997-20100.32900.39700.38500.39700.36900.42100.43000.47700.51500.67800.75100.77300.60600.68600.6430(f) 0.7310(f) 0.7590(f) 0.8250(f) 0.8810(f) 0.9390(f) 0.9990(f)
  6   ARG | 213 GGR   Argentina National currency | Billions   1997-201067.9471.2069.0069.9663.5771.7897.74129.84156.31195.49255.73344.49392.76536.33674.86(f) 803.48(f) 966.54(f) 1131.85(f) 1315.11(f) 1530.47(f) 1769.90(f)
  7   ARM | 911 GGR   Armenia National currency | Billions   1994-201148.9293.15101.89126.69163.81190.92170.11200.44256.78288.83293.58399.67477.21632.55730.75655.57734.29841.02888.22(f) 966.43(f) 1063.42(f) 1159.94(f) 1265.20(f) 1342.91(f)
  8   AUS | 193 GGR   Australia National currency | Billions   1988-2011107.77118.99125.72126.25126.90133.88144.88159.15174.20185.39208.59235.47249.89259.74275.55299.40323.44350.57376.64400.64415.43419.51433.41466.11507.87(f) 542.30(f) 572.97(f) 608.50(f) 645.03(f) 682.39(f)
  9   AUT | 122 GGR   Austria National currency | Billions   1988-201155.5758.1563.5769.1676.6983.6286.9792.1695.8294.6597.77101.72104.43109.40109.67111.70115.42118.11122.96130.46136.66133.97137.75144.30150.33(f) 156.25(f) 162.88(f) 169.50(f) 176.36(f) 182.95(f)
  10   AZE | 912 GGR   Azerbaijan National currency | Billions   2000-20111.0010.99201.6551.9122.2883.1435.2538.00719.4314.3719.3923.0723.23(f) 22.59(f) 22.45(f) 23.26(f) 24.94(f) 27.80(f)
  11   BHS | 313 GGR   The Bahamas National currency | Billions   1990-20100.46600.46700.53400.53600.59400.64600.65900.69200.76400.80400.93200.95800.85700.90200.94401.0391.2211.3281.4241.3241.3031.400(f) 1.453(f) 1.560(f) 1.651(f) 1.737(f) 1.823(f) 1.912(f)
  12   BHR | 419 GGR   Bahrain National currency | Billions   1990-20100.41300.51200.51200.56200.52700.56100.63400.70600.55400.66001.0470.98001.0271.1461.3001.6711.8412.0382.6981.7292.1962.754(f) 3.348(f) 3.477(f) 3.357(f) 3.199(f) 3.120(f) 3.089(f)
  13   BGD | 513 GGR   Bangladesh National currency | Billions   1980-201019.4022.5024.4027.0032.2739.1145.1450.6556.6564.46123.31140.67149.67174.34186.73210.42176.94196.14207.25215.80233.52254.44303.10341.92352.49402.34461.05511.27615.66666.90799.44947.79(f) 1206.18(f) 1473.16(f) 1753.17(f) 2103.48(f) 2448.76(f) 2801.16(f)
  14   BRB | 316 GGR   Barbados National currency | Billions   1994-20101.2951.4281.5231.6551.8512.0581.9602.2532.2252.3742.5162.6662.8613.1583.2242.8503.0193.152(f) 3.439(f) 3.682(f) 3.934(f) 4.205(f) 4.455(f) 4.688(f)
  15   BLR | 913 GGR   Belarus National currency | Billions   1998-201176.28325.771017.967718.5411706.1016795.7423004.2130824.8738896.3048049.0065663.3562749.2068409.90115202.10195416.60(f) 271655.20(f) 343411.40(f) 410026.60(f) 466141.80(f) 516421.50(f)
  16   BEL | 124 GGR   Belgium National currency | Billions   1980-201141.2943.8648.7252.0356.8960.6162.5365.4068.0770.8976.4981.1084.3590.2795.1898.93102.48108.32113.59118.17123.75128.52133.30140.45142.57149.46155.10161.09168.22163.31172.78181.78191.32(f) 196.74(f) 203.07(f) 210.09(f) 217.86(f) 226.27(f)
  17   BLZ | 339 GGR   Belize National currency | Billions   1996-20100.30900.31600.33900.34200.37500.43700.43100.45200.46900.55000.63500.73100.77800.73600.77800.8550(f) 0.8630(f) 0.9070(f) 0.9400(f) 0.9730(f) 1.011(f) 1.053(f)
  18   BEN | 638 GGR   Benin National currency | Billions   1990-201079.4079.2993.27101.85145.43190.40217.44238.17251.85287.22298.72327.00347.83391.29413.10436.85472.55626.87633.35675.82651.10692.70(f) 819.21(f) 870.64(f) 960.02(f) 1037.26(f) 1121.22(f) 1209.75(f)
  19   BTN | 514 GGR   Bhutan National currency | Billions   1981-20090.57500.49800.67600.79000.97001.1221.4471.7721.6201.4691.7491.9932.8813.1233.9304.4914.6574.9507.8608.3428.3838.8497.05410.4210.4413.3316.0818.2820.6230.99(f) 30.55(f) 32.55(f) 25.03(f) 26.90(f) 31.39(f) 42.94(f) 49.02(f)
  20   BOL | 218 GGR   Bolivia National currency | Billions   1984-20090.00100.28401.4861.4851.8882.4002.8383.8234.5915.1566.5687.7259.06410.4111.6512.2913.2913.5213.8914.9318.6623.8331.4735.4346.9543.9345.73(f) 60.16(f) 67.40(f) 71.80(f) 76.65(f) 82.88(f) 90.08(f) 96.98(f)
  21   BIH | 963 GGR   Bosnia and Herzegovina National currency | Billions   1998-20104.9275.7856.0925.9286.2156.8977.2677.9929.28910.2311.3710.7811.3311.70(f) 11.98(f) 12.54(f) 13.29(f) 14.28(f) 15.31(f) 16.37(f)
  22   BWA | 616 GGR   Botswana National currency | Billions   2000-200914.1012.6914.3016.1817.9522.2526.8227.7127.8229.0031.18(f) 36.92(f) 43.51(f) 45.91(f) 50.99(f) 56.65(f) 62.77(f) 69.35(f)
  23   BRA | 223 GGR   Brazil National currency | Billions   1996-2011283.28317.26341.96377.27376.40441.15518.84578.48675.27768.04851.51948.791101.381134.111381.041500.361632.01(f) 1789.33(f) 1956.37(f) 2142.90(f) 2343.96(f) 2563.39(f)
  24   BRN | 516 GGR   Brunei Darussalam National currency | Billions   1980-20116.2668.4557.8727.7537.3457.5333.3322.7502.4862.5262.7062.6862.3252.2742.2462.4512.8592.8431.9162.5365.0844.2324.2684.9306.1517.9649.6446.63214.316.6368.19912.8114.93(f) 14.71(f) 14.93(f) 15.58(f) 16.65(f) 17.14(f)
  25   BGR | 918 GGR   Bulgaria National currency | Billions   2000-201110.2711.1211.7413.1014.9217.0319.1522.9926.3624.0923.0524.4425.56(f) 27.32(f) 29.49(f) 32.04(f) 35.19(f) 38.49(f)
  26   BFA | 748 GGR   Burkina Faso National currency | Billions   1985-201080.4588.91111.84104.16151.54103.39141.22142.30143.21188.68224.29269.15279.31319.05377.75354.16376.25377.78434.60461.80496.721239.05650.55630.75771.52880.221037.89(f) 1194.66(f) 1262.49(f) 1376.66(f) 1517.01(f) 1676.12(f) 1842.68(f)
  27   BDI | 618 GGR   Burundi National currency | Billions   1992-200957.5960.4547.8853.4848.4357.0072.1785.14114.23121.43143.55184.57255.34272.90347.78534.88734.99717.35930.56(f) 1072.02(f) 1117.62(f) 1194.82(f) 1367.79(f) 1495.59(f) 1691.57(f) 1916.01(f)
  28   KHM | 522 GGR   Cambodia National currency | Billions   1996-2011748.04881.96943.251338.101440.561561.181761.751775.762208.833077.023814.764812.326667.566806.458023.058853.098979.08(f) 10121.38(f) 11378.77(f) 12789.06(f) 14441.85(f) 16295.99(f)
  29   CMR | 622 GGR   Cameroon National currency | Billions   2000-20101209.841252.091323.881271.001275.721554.724471.741985.442214.091925.931940.042252.44(f) 2289.94(f) 2608.46(f) 2772.68(f) 3052.04(f) 3299.74(f) 3591.27(f)
  30   CAN | 156 GGR   Canada National currency | Billions   1980-2011123.05148.17157.68167.06183.52196.64213.43235.09259.43268.26288.74299.67308.44315.04330.51347.98364.14388.13402.78428.31468.67467.40470.45494.07523.97559.78592.29623.17635.93598.88621.59655.08685.89(f) 721.64(f) 760.75(f) 801.02(f) 840.60(f) 872.73(f)
  31   CPV | 624 GGR   Cape Verde National currency | Billions   2002-201122.7621.3726.1126.6330.7434.8439.1236.5438.7037.8440.18(f) 45.97(f) 50.49(f) 54.21(f) 59.63(f) 64.02(f)
  32   CAF | 626 GGR   Central African Republ National currency | Billions   1988-201062.6562.8266.6355.9556.9152.9266.7585.8554.7770.41103.37106.8593.3687.45105.9863.7678.4588.03176.50117.04134.71150.27176.54138.09(f) 176.36(f) 201.69(f) 227.48(f) 254.58(f) 282.34(f) 311.36(f)
  33   TCD | 628 GGR   Chad National currency | Billions   1995-201080.0190.71102.71104.68100.71111.48127.42156.24173.17275.15402.54628.68814.261042.56654.951068.841401.40(f) 1529.37(f) 1437.11(f) 1443.33(f) 1393.81(f) 1382.22(f) 1392.19(f)
  34   CHL | 228 GGR   Chile National currency | Billions   1996-20117378.148186.278454.548363.989392.7310335.0810712.1611569.6613868.8317057.8521459.8824677.8824241.0419858.8725729.5329495.8830276.19(f) 32201.06(f) 34250.98(f) 35919.75(f) 38679.06(f) 41572.86(f)
  35   CHN | 924 GGR   China National currency | Billions   1982-2011141.20159.40183.50228.30244.60257.60280.30326.40355.00367.20392.80481.00558.40651.60770.40901.961020.941173.411367.401656.421916.322194.162661.443184.263944.045262.186172.546821.338105.3510533.2011989.06(f) 13433.45(f) 15013.23(f) 16820.44(f) 18742.17(f) 20812.67(f)
  36   COL | 233 GGR   Colombia National currency | Billions   1980-20091.0001.000373.50479.00614.10843.801155.301734.012228.993422.704797.406554.508554.6012073.3616488.6021386.5427164.0933373.6937728.8341456.5448982.8155644.6460012.4968490.1077422.8487424.87104744.60117164.10126673.50134879.20142207.00(f) 164635.30(f) 183066.10(f) 194016.40(f) 206682.70(f) 221046.20(f) 233674.20(f) 250289.60(f)
  37   COM | 632 GGR   Comoros National currency | Billions   1984-201014.5417.0318.5418.1817.5519.2421.0219.9821.2221.2523.7020.9518.2021.0117.8118.8915.5622.2426.9325.4826.4330.5129.5333.9541.8544.7858.8754.95(f) 56.09(f) 59.19(f) 63.08(f) 68.01(f) 74.47(f) 80.65(f)
  38   COD | 636 GGR   Democratic Republic of National currency | Billions   1996-20100.15700.40400.59102.32915.0991.28159.64269.05344.84622.18806.12877.401376.342206.283929.274353.31(f) 4883.37(f) 5519.43(f) 6199.19(f) 7259.31(f) 8340.93(f) 9472.59(f)
  39   COG | 634 GGR   Republic of Congo National currency | Billions   1990-2010207.64196.02175.78184.56221.97251.34360.59389.37261.53387.41609.39631.83575.41613.50745.801245.701796.001579.252497.261334.762231.202887.10(f) 3436.03(f) 3501.61(f) 3622.68(f) 3638.55(f) 3764.68(f) 3481.31(f)
  40   CRI | 238 GGR   Costa Rica National currency | Billions   2000-2010610.14725.56808.80973.271107.691321.391638.352104.702490.032363.272616.932868.66(f) 3356.03(f) 3927.37(f) 4368.87(f) 4786.12(f) 5233.06(f) 5715.09(f)
  41   CIV | 662 GGR   Côte d'Ivoire National currency | Billions   1997-20111364.041426.311306.141270.601376.601482.251403.531507.491566.001727.531871.182156.222120.802236.601725.862409.81(f) 2759.98(f) 3061.52(f) 3398.64(f) 3722.92(f) 4073.25(f)
  42   HRV | 960 GGR   Croatia National currency | Billions   2002-201083.1289.5096.54102.85112.22126.72134.74128.09123.71122.48(f) 124.11(f) 129.44(f) 136.07(f) 142.14(f) 149.12(f) 156.64(f)
  43   CYP | 423 GGR   Cyprus National currency | Billions   1995-20102.3262.3952.4482.7762.9673.4553.8303.9434.4284.8285.5356.0697.1267.3866.7647.2137.330(f) 7.613(f) 7.928(f) 8.130(f) 8.532(f) 8.934(f) 9.412(f)
  44   CZE | 935 GGR   Czech Republic National currency | Billions   1995-2010616.64678.88734.26786.11830.32862.98938.081003.021164.221184.831239.031327.771476.431498.571462.001484.521550.65(f) 1612.45(f) 1669.00(f) 1749.35(f) 1839.79(f) 1940.73(f) 2045.04(f)
  45   DNK | 128 GGR   Denmark National currency | Billions   1994-20101000.00574.66608.33631.22654.36688.96722.58739.54752.59770.09827.56893.28923.97941.95960.28918.94938.26931.51(f) 929.83(f) 987.31(f) 1032.21(f) 1070.94(f) 1098.95(f) 1129.91(f)
  46   DJI | 611 GGR   Djibouti National currency | Billions   1990-201130.4130.9634.2932.8231.8627.1727.0127.7831.2329.4330.4728.7730.9537.9742.1646.7147.7453.0073.0968.9571.1275.9986.14(f) 92.79(f) 100.08(f) 108.18(f) 117.39(f) 127.60(f)
  47   DMA | 321 GGR   Dominica National currency | Billions   1990-20100.15300.15900.16300.16400.17300.19800.21600.21900.23900.23400.27200.21000.22400.29600.29200.32500.35700.42600.45300.47200.48400.4540(f) 0.4520(f) 0.4450(f) 0.4570(f) 0.4710(f) 0.4890(f) 0.5060(f)
  48   DOM | 243 GGR   Dominican Republic National currency | Billions   1997-201034.8938.9543.9151.6960.1067.1180.63127.48159.67191.96238.86249.84229.70259.20285.05(f) 327.82(f) 362.13(f) 398.29(f) 435.98(f) 476.09(f) 519.89(f)
  49   ECU | 248 GGR   Ecuador National currency | Billions   1995-20104.5834.6445.1054.4333.7564.3915.1846.3186.9088.1779.01411.3613.4518.6915.6919.7227.15(f) 29.98(f) 31.77(f) 32.44(f) 33.26(f) 34.19(f) 35.46(f)
  50   EGY | 469 GGR   Egypt National currency | Billions   1999-201191.8197.67101.0596.08109.24124.23133.76176.64206.45248.81288.54303.36302.01366.73(f) 439.21(f) 517.11(f) 584.49(f) 656.34(f) 723.62(f)
  51   SLV | 253 GGR   El Salvador National currency | Billions   1993-20100.92401.1671.4621.7111.5311.7081.7471.9681.9962.0512.2632.4602.6793.1183.3653.5493.2753.6714.075(f) 4.507(f) 4.871(f) 5.151(f) 5.512(f) 5.868(f) 6.246(f)
  52   GNQ | 642 GGR   Equatorial Guinea National currency | Billions   1980-20102.6422.3083.7586.0617.4977.7126.0918.3466.80913.5918.5217.9215.7917.5614.9815.5424.6455.1171.2984.04164.39348.00414.48471.16824.301504.152047.072308.533051.792368.092150.932620.18(f) 2800.77(f) 2668.01(f) 2582.01(f) 2494.52(f) 2387.44(f) 2373.78(f)
  53   ERI | 643 GGR   Eritrea National currency | Billions   1992-20080.67001.3981.5771.7781.8502.2552.1972.3203.1223.2873.6866.0175.8465.9575.0434.9214.4574.542(f) 6.047(f) 6.982(f) 8.136(f) 9.248(f) 10.39(f) 11.11(f) 12.04(f) 11.83(f)
  54   EST | 939 GGR   Estonia National currency | Billions   1995-20111.0521.2991.6611.8891.8852.0952.3432.7353.0943.5054.1165.0616.0536.3166.3106.4537.0477.262(f) 7.510(f) 7.786(f) 8.197(f) 8.608(f) 8.947(f)
  55   ETH | 644 GGR   Ethiopia National currency | Billions   1980-20111.6231.8262.0532.4342.5482.9553.2493.2484.1034.6983.5443.1702.7513.6574.9267.0458.0639.0329.37410.3911.2212.8012.8115.7017.9220.1524.2529.3839.7154.6366.2485.61111.98(f) 156.45(f) 187.81(f) 222.72(f) 261.61(f) 304.33(f)
  56   FJI | 819 GGR   Fiji National currency | Billions   1992-20070.60200.65400.69800.71900.74000.80301.1401.0040.91100.90101.0391.0671.1781.2231.3671.3861.445(f) 1.405(f) 1.529(f) 1.716(f) 1.846(f) 1.857(f) 1.959(f) 2.058(f) 2.176(f) 2.298(f)
  57   FIN | 172 GGR   Finland National currency | Billions   1980-201015.6118.6320.7323.0026.6230.0233.2034.7241.4145.9548.4448.3147.0147.1650.1452.7655.6758.9963.5865.3773.1873.9376.3476.8179.9283.5088.3194.8299.4492.0794.72101.99(f) 105.06(f) 110.68(f) 116.13(f) 121.10(f) 126.09(f) 131.32(f)
  58   FRA | 132 GGR   France National currency | Billions   1980-2010202.95231.11269.99304.32336.02362.70383.73408.05430.02460.01485.98510.14524.75540.77562.53585.18619.10643.45662.27694.31722.18747.90765.11783.00821.89869.39909.84940.72965.40928.82957.591017.27(f) 1056.91(f) 1089.10(f) 1130.22(f) 1174.78(f) 1222.08(f) 1272.59(f)
  59   GAB | 646 GGR   Gabon National currency | Billions   1990-2010323.72374.18341.13350.91554.54730.57755.091029.83912.14813.591207.601173.631089.901095.191141.851434.161582.571636.502078.131685.161838.842229.12(f) 2411.12(f) 2399.05(f) 2398.30(f) 2411.54(f) 2448.55(f) 2525.08(f)
  60   GMB | 648 GGR   The Gambia National currency | Billions   2000-20111.2201.1261.5291.8203.0652.8233.2033.6513.7454.9095.0265.6196.602(f) 7.680(f) 8.888(f) 10.02(f) 10.60(f) 11.44(f)
  61   GEO | 915 GGR   Georgia National currency | Billions   2000-20100.93201.1061.2111.3682.2672.8383.6784.9725.8545.2645.8666.870(f) 7.314(f) 8.174(f) 9.052(f) 10.07(f) 11.21(f) 12.50(f)
  62   DEU | 134 GGR   Germany National currency | Billions   1991-2011662.58734.31763.11807.85833.61862.60875.59901.29937.59957.49945.45951.19961.93957.68974.171017.061062.301088.201065.981079.751146.011171.20(f) 1201.19(f) 1231.56(f) 1258.29(f) 1286.74(f) 1317.97(f)
  63   GHA | 652 GGR   Ghana National currency | Billions   1982-20090.00100.00100.00200.00400.00800.01200.01700.02400.02400.03700.03600.06300.09900.15900.18600.20300.27900.27900.53900.95300.95701.6502.2942.6333.1924.0524.8396.0487.739(f) 11.55(f) 14.42(f) 16.54(f) 20.70(f) 24.49(f) 28.07(f) 31.57(f)
  64   GRC | 174 GGR   Greece National currency | Billions   1980-20101.6901.9302.6813.3184.2465.1626.2887.3058.2919.32212.3915.5218.4321.4725.4931.6835.6141.1246.4750.5158.5459.8263.0467.2970.5875.2281.8490.9294.7688.0789.7588.25(f) 85.96(f) 85.67(f) 87.48(f) 86.62(f) 90.20(f) 94.01(f)
  65   GRD | 328 GGR   Grenada National currency | Billions   1990-20110.15900.18300.17000.19200.19200.21000.23000.22900.27600.28700.33000.33100.31900.41300.39100.51600.51200.44600.53900.47400.51300.49600.4890(f) 0.5000(f) 0.5280(f) 0.5580(f) 0.5900(f) 0.6260(f)
  66   GTM | 258 GGR   Guatemala National currency | Billions   2000-201016.4718.2220.7721.8123.4624.9129.2533.6135.5834.0437.4343.18(f) 46.45(f) 54.12(f) 59.62(f) 64.54(f) 69.49(f) 74.73(f)
  67   GIN | 656 GGR   Guinea National currency | Billions   1990-2011384.15431.36472.11459.71448.80524.87521.07603.72624.50628.34719.80868.21876.91952.671027.371631.482397.752620.293351.793662.494257.697173.378798.15(f) 10182.59(f) 11585.36(f) 14141.08(f) 16737.29(f) 18444.81(f)
  68   GNB | 654 GGR   Guinea-Bissau National currency | Billions   2000-201157.5748.5232.0335.1148.3048.0849.8653.7789.3197.4984.6084.83106.24(f) 113.94(f) 122.42(f) 131.14(f) 139.56(f) 148.65(f)
  69   GUY | 336 GGR   Guyana National currency | Billions   1997-201043.3438.3745.4256.2657.2261.3657.6968.2774.7186.7999.55108.35121.07129.74162.48(f) 166.72(f) 178.59(f) 192.05(f) 208.43(f) 210.65(f) 227.28(f)
  70   HTI | 263 GGR   Haiti National currency | Billions   1997-20095.4256.0896.4076.5376.8797.90610.9214.3122.0926.5634.7137.9047.7275.00(f) 88.80(f) 102.07(f) 101.80(f) 106.69(f) 111.55(f) 112.14(f) 120.91(f)
  71   HND | 268 GGR   Honduras National currency | Billions   1990-20102.9884.2025.2416.0647.2088.80311.7414.8619.4623.0025.4726.2930.3530.8439.0244.4849.7257.1769.4067.1572.2677.43(f) 84.10(f) 93.35(f) 100.46(f) 109.72(f) 120.24(f) 135.88(f)
  72   HKG | 532 GGR   Hong Kong SAR National currency | Billions   1984-201038.5043.7048.6060.8872.6682.4389.52114.70135.30166.60175.00179.88208.61281.23216.12233.00225.06175.56177.49207.34238.20247.04288.01358.47316.56318.44376.48433.95(f) 416.53(f) 455.01(f) 503.60(f) 557.45(f) 607.75(f) 659.12(f)
  73   HUN | 944 GGR   Hungary National currency | Billions   1995-20102448.703142.673936.484499.375053.635863.556614.477292.227957.478818.719297.6010132.8811386.9112085.8412015.0912080.3514753.44(f) 13380.49(f) 13865.21(f) 14673.36(f) 15523.42(f) 16402.29(f) 17253.34(f)
  74   ISL | 176 GGR   Iceland National currency | Billions   1980-20115.7609.28915.0124.6333.5443.8758.1276.13103.48124.57148.16171.48173.57170.00178.99189.61207.70224.33251.88284.97310.65337.23354.72375.51426.42483.57560.45623.79653.56614.29637.29679.56724.36(f) 762.98(f) 807.23(f) 850.28(f) 886.75(f) 931.43(f)
  75   IND | 534 GGR   India National currency | Billions   1988-2010765.55885.621019.841201.911382.041513.131798.662098.832316.552645.322931.843284.823635.343924.114371.095001.865887.636812.048310.9910398.0211059.8611849.8213840.4215745.05(f) 18208.25(f) 21109.22(f) 24141.07(f) 27490.65(f) 31347.59(f) 35941.72(f)
  76   IDN | 536 GGR   Indonesia National currency | Billions   1981-201012829.6012352.9015887.9019313.5019839.7017953.5021039.5024057.6027606.0038956.6042709.6047409.3053810.7062478.1068909.9080244.20107814.90152263.30188428.70203045.50317747.50325573.10369350.60443267.10537758.90679385.60762173.501053085.00924734.301095377.001293022.00(f) 1551294.00(f) 1752142.00(f) 1979335.00(f) 2242959.00(f) 2551935.00(f) 2906172.00(f)
  77   IRN | 429 GGR   Islamic Republic of Ir National currency | Billions   1990-20106933.508380.0012298.0028982.0033482.0045008.0055862.0061452.0052104.0089784.00147295.10133391.60211195.80266641.10352606.30504380.30611469.00828611.00851710.20846381.20987112.701402265.00(f) 1495928.00(f) 1548712.00(f) 1661978.00(f) 1803479.00(f) 1996130.00(f) 2186343.00(f)
  78   IRQ | 433 GGR   Iraq National currency | Billions   2005-201049468.9858346.6160293.6888560.6560330.9771747.48104200.30(f) 124049.90(f) 143064.40(f) 144541.00(f) 158679.00(f) 178497.10(f) 191345.80(f)
  79   IRL | 178 GGR   Ireland National currency | Billions   1980-20114.7365.8787.3468.4649.40710.1410.7111.5812.5312.8114.2115.2716.3517.6819.0620.0822.2425.1828.1332.4637.0239.0242.1445.8550.9856.3664.7168.8762.9354.2053.5553.6454.55(f) 56.87(f) 59.41(f) 61.85(f) 63.83(f) 66.79(f)
  80   ISR | 436 GGR   Israel National currency | Billions   2000-2010240.00243.57253.15247.31253.34266.20292.44307.28304.33299.27326.65350.68(f) 366.29(f) 396.12(f) 421.19(f) 446.21(f) 472.38(f) 499.40(f)
  81   ITA | 136 GGR   Italy National currency | Billions   1988-2011227.15254.65290.80326.37362.24383.85389.83427.25456.66499.00503.86523.02539.74560.85574.73597.93614.80625.86673.92717.00723.57706.97714.58727.00758.66(f) 778.14(f) 792.81(f) 812.13(f) 834.86(f) 858.11(f)
  82   JAM | 343 GGR   Jamaica National currency | Billions   1990-20109.64915.0823.5633.6144.6058.5263.0966.4374.1090.37101.02102.59117.24149.90171.54186.68211.31252.04276.20300.19314.56326.90(f) 345.73(f) 374.41(f) 408.56(f) 440.77(f) 475.52(f) 513.02(f)
  83   JPN | 158 GGR   Japan National currency | Billions   1980-201066146.3074478.3078902.8082317.2089355.6096854.60101410.80110027.60118386.00127419.90141545.40148908.70151461.70145812.20143541.10145720.30150544.60154334.10149080.10146303.10149068.00153317.90144333.10141792.60140563.20147631.90156253.70160171.80158481.10139406.80142804.50143366.10(f) 148470.10(f) 153065.50(f) 156575.90(f) 159628.80(f) 162536.20(f) 165638.20(f)
  84   JOR | 439 GGR   Jordan National currency | Billions   1990-20101.0151.0341.3711.3521.4221.6211.6501.6201.7051.7881.8021.9262.0102.5112.9622.9713.4543.9204.6904.4734.6635.414(f) 5.997(f) 6.283(f) 6.747(f) 7.226(f) 7.786(f) 8.429(f)
  85   KAZ | 916 GGR   Kazakhstan National currency | Billions   1994-201194.00171.00187.20225.25315.24353.65568.20833.90847.821169.191441.122131.722803.923705.754542.243765.855223.317520.578430.60(f) 9460.59(f) 10069.28(f) 10935.12(f) 11968.26(f) 13327.21(f)
  86   KEN | 664 GGR   Kenya National currency | Billions   1982-201017.7319.0021.1024.3628.0633.4639.5845.3852.3542.2445.9563.86104.64142.01154.66172.96196.43195.92195.03203.94215.70238.57288.30318.01359.92423.33482.87538.19627.55767.11(f) 918.55(f) 1062.40(f) 1206.85(f) 1313.31(f) 1437.36(f) 1611.74(f)
  87   KIR | 826 GGR   Kiribati National currency | Billions   1988-20100.02400.03000.04500.03800.05200.04800.04900.05800.04800.08100.10300.08800.08400.11100.13300.11300.08700.11200.10800.10600.10500.11600.11200.1030(f) 0.1240(f) 0.1260(f) 0.1250(f) 0.1160(f) 0.1200(f) 0.1240(f)
  88   KOR | 542 GGR   Korea National currency | Billions   1995-201070862.0082971.0090740.0095349.45106006.30134647.20141863.80155444.50168216.30175250.00188543.60206084.20236006.30246608.50245476.80265779.70296677.70(f) 315191.60(f) 337871.40(f) 362145.00(f) 388124.40(f) 415814.10(f) 445349.50(f)
  89   UVK | 967 GGR   Kosovo National currency | Billions   1999-20100.03500.24900.36200.50900.59000.61500.62800.72000.89800.94301.1461.1641.305(f) 1.380(f) 1.421(f) 1.530(f) 1.648(f) 1.785(f) 1.918(f)
  90   KWT | 443 GGR   Kuwait National currency | Billions   1990-20093.2141.6552.4033.3003.6454.2795.2925.6024.6565.5097.8887.6617.0937.7499.88216.8519.8422.5423.8521.1623.39(f) 32.58(f) 38.66(f) 38.38(f) 37.15(f) 36.90(f) 37.61(f) 39.50(f)
  91   KGZ | 917 GGR   Kyrgyz Republic National currency | Billions   1993-20111.3182.5033.6974.4716.3397.72610.4012.1115.0517.1818.8721.9724.9130.0643.0656.1564.6867.2991.0699.92(f) 107.89(f) 119.89(f) 136.36(f) 151.95(f) 168.16(f)
  92   LAO | 544 GGR   Lao People's Democrati National currency | Billions   2000-20092305.702527.882711.852874.523299.664155.155255.306383.997374.938518.6210144.57(f) 11877.37(f) 14250.73(f) 16112.11(f) 17877.83(f) 19577.79(f) 21764.38(f) 24147.32(f)
  93   LVA | 941 GGR   Latvia National currency | Billions   1998-20111.5401.5811.6231.6971.8742.1052.5223.2004.0295.3505.7274.7354.6075.0875.481(f) 5.459(f) 5.526(f) 5.700(f) 5.913(f) 6.199(f)
  94   LBN | 446 GGR   Lebanon National currency | Billions   1990-2011191.10655.901138.112052.002748.283105.673604.573825.554503.544880.284848.814684.835847.856596.707485.267405.008485.879080.6610741.0012801.7912801.7013846.3315286.08(f) 16751.17(f) 17708.27(f) 18709.13(f) 19771.56(f) 20883.93(f)
  95   LSO | 666 GGR   Lesotho National currency | Billions   1982-20080.11500.13500.17000.22600.26500.34200.38700.55000.68900.82000.98101.1811.3541.5701.8862.0962.0502.1202.3572.7463.1683.6024.2484.6616.4657.1838.8889.328(f) 8.559(f) 9.366(f) 13.47(f) 12.82(f) 12.91(f) 14.81(f) 15.69(f) 16.20(f)
  96   LBR | 668 GGR   Liberia National currency | Billions   2000-20110.08700.07000.07300.04900.06900.07700.11500.17600.21100.26300.34600.43000.4440(f) 0.5160(f) 0.5460(f) 0.5830(f) 0.6240(f) 0.6680(f)
  97   LBY | 672 GGR   Libya National currency | Billions   1990-20102.9853.5242.6862.4942.8183.6735.6044.6354.4085.6228.1757.89112.8516.6123.0339.6548.6360.5479.9348.6758.26
  98   LTU | 946 GGR   Lithuania National currency | Billions   1990-20111.0871.0911.0903.4955.3557.7899.33412.5114.0413.6914.7215.4016.4717.7319.9423.8727.6833.5438.1231.9333.2536.1339.77(f) 41.54(f) 43.76(f) 45.99(f) 49.00(f) 47.66(f)
  99   LUX | 137 GGR   Luxembourg National currency | Billions   1995-20116.3626.6857.2767.7378.4699.5839.98510.4710.9111.3812.5713.5414.9815.8315.7616.6817.1817.71(f) 18.11(f) 18.72(f) 19.36(f) 20.12(f) 20.95(f)
  100   MKD | 962 GGR   Former Yugoslav Republ National currency | Billions   1997-201163.7163.9473.0285.5379.4585.2096.5496.85100.88102.29117.55133.73125.34128.45132.92140.88(f) 149.58(f) 158.75(f) 169.92(f) 180.05(f) 190.85(f)
  101   MDG | 674 GGR   Madagascar National currency | Billions   1980-201025.7821.2224.4829.8435.3647.6651.9256.8097.46123.52150.98108.54154.88167.00204.48308.17417.62540.65556.92701.98802.88838.12610.631044.961653.451863.542477.812201.062828.022052.152252.252404.74(f) 2767.84(f) 3273.60(f) 3773.76(f) 4187.92(f) 4632.04(f) 4942.85(f)
  102   MWI | 676 GGR   Malawi National currency | Billions   2002-201132.5252.5972.1895.15136.76158.71186.53211.76298.29256.41289.52(f) 324.53(f) 363.99(f) 411.52(f) 461.31(f) 521.51(f)
  103   MYS | 548 GGR   Malaysia National currency | Billions   1990-201039.1442.6249.2652.5361.2562.2770.9179.7869.3770.8976.0091.6396.76107.06116.33123.58143.60162.50189.65184.06189.84210.39(f) 216.18(f) 229.57(f) 244.05(f) 259.88(f) 276.95(f) 295.68(f)
  104   MDV | 556 GGR   Maldives National currency | Billions   1990-20090.45400.73900.75900.79101.1421.4041.5641.8201.9282.2212.3692.5062.7103.0603.4254.6136.1547.5717.4575.7356.540(f) 9.219(f) 9.749(f) 9.607(f) 9.154(f) 9.763(f) 10.41(f) 11.07(f)
  105   MLI | 678 GGR   Mali National currency | Billions   2000-2011363.88408.02467.79554.76577.34647.011826.87758.06769.60953.94976.101092.671162.30(f) 1282.64(f) 1410.98(f) 1546.33(f) 1675.97(f) 1821.27(f)
  106   MLT | 181 GGR   Malta National currency | Billions   2000-20091.4801.5731.6741.7001.8392.0062.1052.2002.2992.3102.422(f) 2.571(f) 2.704(f) 2.790(f) 2.897(f) 3.050(f) 3.214(f) 3.389(f)
  107   MRT | 682 GGR   Mauritania National currency | Billions   1990-201021.9822.1022.8832.1631.6135.2947.7244.5647.4154.5863.8070.74108.57119.68130.37131.31465.98205.31206.40202.17263.74324.98(f) 359.44(f) 366.96(f) 394.30(f) 421.24(f) 455.10(f) 495.20(f)
  108   MUS | 684 GGR   Mauritius National currency | Billions   2000-201023.1023.9927.7831.9934.8637.6440.6947.7057.7264.2965.4868.95(f) 76.18(f) 80.65(f) 88.66(f) 96.77(f) 105.16(f) 114.96(f)
  109   MEX | 273 GGR   Mexico National currency | Billions   1990-2010187.70254.38295.48290.61326.86418.38578.98734.67781.95954.821178.811271.381387.241600.291771.311947.822263.602485.792860.932817.192960.443269.63(f) 3461.95(f) 3708.98(f) 3958.65(f) 4125.92(f) 4311.36(f) 4517.86(f)
  110   MDA | 921 GGR   Moldova National currency | Billions   1995-20112.5562.7973.4313.4293.7454.9655.5566.6689.38311.3214.5217.8522.2925.5223.5127.5430.1634.66(f) 37.27(f) 41.43(f) 45.76(f) 50.61(f) 56.41(f)
  111   MNG | 948 GGR   Mongolia National currency | Billions   1981-20103.7204.1824.4784.6804.9184.3604.5404.6815.2435.2958.96511.8056.8185.75140.90160.44212.14225.51251.70351.40429.50477.05553.89713.11837.861360.411880.492170.381992.993073.314400.62(f) 5272.27(f) 6063.71(f) 7042.39(f) 8247.82(f) 10207.13(f) 12411.82(f)
  112   MNE | 943 GGR   Montenegro National currency | Billions   2002-20100.45700.56700.61700.66500.93201.2751.4901.2521.2751.228(f) 1.265(f) 1.309(f) 1.368(f) 1.427(f) 1.484(f) 1.544(f)
  113   MAR | 686 GGR   Morocco National currency | Billions   1990-201057.2460.5463.6667.2568.1867.5775.1481.1287.8695.5892.8696.11108.03109.81121.11138.65157.98184.40224.09214.47210.39221.65(f) 231.39(f) 249.06(f) 267.65(f) 289.77(f) 314.69(f) 342.05(f)
  114   MOZ | 688 GGR   Mozambique National currency | Billions   1980-20100.02100.02100.03200.02600.02500.02200.02600.10800.22900.39800.54500.84701.3532.0253.3834.5035.8298.2919.14212.2814.3919.1121.4925.0126.1730.5241.3252.3360.9072.0392.82109.75(f) 123.05(f) 140.42(f) 160.69(f) 185.17(f) 212.76(f) 241.36(f)
  115   MMR | 518 GGR   Myanmar National currency | Billions   1998-2010116.67117.54134.70164.26280.75384.02586.13818.921292.921701.462097.442159.912429.652451.86(f) 4303.78(f) 5507.49(f) 6698.83(f) 7196.31(f) 7747.52(f) 8425.23(f)
  116   NAM | 728 GGR   Namibia National currency | Billions   1990-20092.0662.4482.8243.0443.5093.9664.5105.3686.0006.9547.9648.77210.099.93310.9812.6515.9419.7322.7523.8723.54(f) 26.85(f) 32.03(f) 36.21(f) 38.97(f) 42.44(f) 46.39(f) 50.56(f)
  117   NPL | 558 GGR   Nepal National currency | Billions   2000-201145.8652.6454.5264.0870.3081.3483.35100.88119.42163.77209.59232.46268.91(f) 305.09(f) 339.46(f) 371.85(f) 406.79(f) 446.44(f)
  118   NLD | 138 GGR   Netherlands National currency | Billions   1995-2011144.17152.02158.44166.01179.33192.86201.92205.16209.58217.72228.52249.60258.77276.35258.10267.73272.04279.96(f) 281.38(f) 288.89(f) 300.43(f) 310.39(f) 320.64(f)
  119   NZL | 196 GGR   New Zealand National currency | Billions   1985-201114.1717.4021.2924.5326.9128.6828.1828.5729.9931.8934.3434.1033.6933.5633.9136.3938.8941.6944.8348.6353.3956.9760.0260.6557.8556.8659.1163.28(f) 68.20(f) 72.34(f) 76.42(f) 80.68(f) 82.67(f)
  120   NIC | 278 GGR   Nicaragua National currency | Billions   2001-201013.1214.5517.0220.5424.3529.7234.8439.7041.2646.2256.64(f) 62.31(f) 68.18(f) 76.27(f) 85.77(f) 95.59(f) 105.76(f)
  121   NER | 692 GGR   Niger National currency | Billions   1995-2011106.55128.96140.02177.25166.42169.41199.29235.49232.70263.00323.121145.76455.52583.93474.48515.74667.03874.49(f) 972.87(f) 1068.32(f) 1184.13(f) 1319.86(f) 1369.61(f)
  122   NGA | 694 GGR   Nigeria National currency | Billions   2000-20101986.952247.882348.452794.774127.325348.646040.815615.167861.504471.486883.2211020.13(f) 12838.59(f) 13614.18(f) 13741.31(f) 13634.98(f) 14022.36(f) 14614.96(f)
  123   NOR | 142 GGR   Norway National currency | Billions   1980-2010154.56173.03190.53219.16241.71280.36287.11319.28333.98348.24378.02390.18396.64411.72439.01498.97554.18597.48586.38654.27842.72873.30851.83878.07980.221107.801268.491328.741498.321348.021411.771556.44(f) 1670.51(f) 1704.86(f) 1736.77(f) 1782.20(f) 1842.53(f) 1911.52(f)
  124   OMN | 449 GGR   Oman National currency | Billions   1990-20082.1261.8781.9371.8291.8382.0892.4042.5731.9592.3643.7133.4863.4993.7924.3115.7116.9227.65410.807.058(f) 8.881(f) 11.59(f) 13.78(f) 13.48(f) 12.57(f) 11.91(f) 11.81(f) 11.58(f)
  125   PAK | 564 GGR   Pakistan National currency | Billions   1990-2011181.80215.50237.40255.30269.39307.43370.58391.68423.01488.60545.99593.51707.21838.22824.65919.391120.901327.221530.001872.442129.942306.362670.48(f) 3230.75(f) 3789.36(f) 4542.89(f) 5477.32(f) 6462.69(f)
  126   PAN | 283 GGR   Panama National currency | Billions   1980-20111.2021.3951.5081.6521.6991.8271.9271.9731.2591.3121.8321.0821.5231.6171.6271.7661.9912.2162.4572.6962.8012.7112.7052.7942.9043.2994.1555.1595.7455.9116.6267.5948.407(f) 9.082(f) 9.737(f) 10.82(f) 11.97(f) 12.84(f)
  127   PNG | 853 GGR   Papua New Guinea National currency | Billions   1983-20110.62800.71900.73800.78700.83800.90501.0141.0161.1521.1441.3321.4841.6521.9562.2062.2752.5272.9663.0873.2373.6644.3155.3076.2887.0087.0416.0978.2619.40510.00(f) 10.85(f) 11.68(f) 13.23(f) 14.54(f) 16.03(f)
  128   PRY | 288 GGR   Paraguay National currency | Billions   1980-201165.8175.0285.8686.44105.92134.17178.66252.52332.68628.01926.611137.601443.511924.942614.803245.033556.324273.494844.294976.395258.835886.536079.197398.538886.959899.3811460.5413011.1915367.2916424.6419140.3922292.1523802.93(f) 26667.73(f) 29020.24(f) 31911.75(f) 35313.91(f) 39223.98(f)
  129   PER | 293 GGR   Peru National currency | Billions   2000-201134.5033.6134.6237.6541.8148.7960.6770.1578.2471.6586.87101.83111.64(f) 121.99(f) 130.93(f) 142.25(f) 152.63(f) 165.89(f)
  130   PHL | 566 GGR   Philippines National currency | Billions   1994-2011371.80415.44500.17572.82579.65618.02648.38705.17733.10798.26881.791012.821194.531288.411441.041397.561530.161682.811814.19(f) 2000.62(f) 2195.45(f) 2383.81(f) 2617.93(f) 2860.23(f)
  131   POL | 964 GGR   Poland National currency | Billions   1995-2011146.02194.92215.46240.77268.98283.26300.38317.54324.49344.29387.10426.51474.29503.98499.22531.09597.51649.05(f) 692.40(f) 734.92(f) 785.58(f) 838.87(f) 883.70(f)
  132   PRT | 182 GGR   Portugal National currency | Billions   1986-201011.3511.8014.3216.9618.9623.3829.7527.7827.7531.7434.9438.1241.1145.3148.5151.1855.1658.2061.4161.3264.8469.6770.7066.9771.8276.70(f) 71.81(f) 72.62(f) 74.40(f) 76.63(f) 79.10(f) 81.52(f)
  133   QAT | 453 GGR   Qatar National currency | Billions   1990-201112.1410.8412.3310.9010.2112.0713.4614.0315.1415.7324.9622.7629.4530.7255.0765.6986.06117.87140.99169.10155.91214.14249.02(f) 263.56(f) 258.76(f) 260.75(f) 270.68(f) 280.62(f)
  134   ROU | 968 GGR   Romania National currency | Billions   2000-201025.1135.1744.9056.6774.0590.68111.39134.17165.55156.37168.64181.57(f) 195.25(f) 209.92(f) 227.34(f) 246.66(f) 268.10(f) 291.90(f)
  135   RUS | 922 GGR   Russia National currency | Billions   1998-2011908.941586.532642.383301.714002.444804.486240.018851.2710625.8013250.7016169.1013599.7216031.9320853.6823135.85(f) 24787.30(f) 26680.75(f) 28513.26(f) 30685.13(f) 33255.97(f)
  136   RWA | 714 GGR   Rwanda National currency | Billions   1992-201045.3938.427.53261.5370.8395.8799.02100.68136.85148.16160.27173.27268.38348.73376.01436.77660.75727.90874.05980.97(f) 991.57(f) 1186.20(f) 1279.99(f) 1355.80(f) 1465.63(f) 1595.40(f)
  137   WSM | 862 GGR   Samoa National currency | Billions   1998-20090.23400.26800.25100.26200.29100.30400.31800.40800.38800.48700.45500.49200.5330(f) 0.5670(f) 0.5840(f) 0.5980(f) 0.6280(f) 0.6570(f) 0.6880(f) 0.7180(f)
  138   STP | 716 GGR   São Tomé and Príncipe National currency | Billions   2000-2011381.23248.78245.64322.10381.23931.22570.163232.731224.54994.861416.801604.641766.47(f) 1647.70(f) 1799.01(f) 3110.56(f) 3109.55(f) 3208.30(f)
  139   SAU | 456 GGR   Saudi Arabia National currency | Billions   1999-2010182.95295.24293.85251.31333.04455.74637.85755.73726.491179.60578.57821.421192.48(f) 1261.37(f) 1215.04(f) 1184.62(f) 1161.34(f) 1150.88(f) 1166.77(f)
  140   SEN | 722 GGR   Senegal National currency | Billions   2000-2011626.29664.40726.67797.75864.80955.701035.911277.201292.601305.381398.251525.541716.82(f) 1829.88(f) 1936.02(f) 2076.33(f) 2202.74(f) 2376.94(f)
  141   SRB | 942 GGR   Serbia National currency | Billions   2000-2010128.89280.48412.38478.84593.53724.57867.471001.081139.491146.491224.691302.71(f) 1388.95(f) 1477.97(f) 1611.38(f) 1746.21(f) 1895.39(f) 2035.29(f)
  142   SYC | 718 GGR   Seychelles National currency | Billions   1983-20100.44500.47500.58100.61600.73300.89501.0311.1401.0941.2701.3931.3951.2231.2361.3821.4091.5261.4291.3821.5311.8301.8621.9922.3012.2143.1904.2624.1085.081(f) 5.463(f) 5.508(f) 5.833(f) 6.152(f) 6.510(f) 6.907(f)
  143   SLE | 724 GGR   Sierra Leone National currency | Billions   2000-2010266.14307.74403.98471.17624.24793.61862.662154.82934.141249.531551.172166.05(f) 2255.35(f) 2456.79(f) 2487.64(f) 2728.22(f) 2973.68(f) 3208.14(f)
  144   SGP | 576 GGR   Singapore National currency | Billions   1990-201121.2822.8426.2033.0736.6941.1847.7452.2241.3642.6047.4341.7036.4235.8137.7843.2547.9265.7464.3150.8169.7981.8679.64(f) 85.32(f) 90.60(f) 96.10(f) 101.95(f) 108.10(f)
  145   SVK | 936 GGR   Slovak Republic National currency | Billions   1997-201110.1710.5911.4312.4312.8613.5615.1715.9517.3418.3419.9122.0321.1721.8122.6824.12(f) 24.55(f) 25.85(f) 27.41(f) 29.06(f) 30.80(f)
  146   SVN | 961 GGR   Slovenia National currency | Billions   1995-20114.1774.7405.3006.0536.8777.4848.5479.39710.3411.2011.9812.9614.0115.3414.4114.7914.9814.97(f) 15.32(f) 15.79(f) 16.35(f) 16.95(f) 17.59(f)
  147   SLB | 813 GGR   Solomon Islands National currency | Billions   1980-20100.03700.03700.04100.04000.04800.05300.05700.07400.09400.11400.16600.24400.30900.34200.45800.44600.50800.42000.45300.43400.33600.34000.28800.67300.94301.0911.3481.8282.1932.6593.4343.811(f) 4.248(f) 4.555(f) 5.037(f) 5.373(f) 5.723(f) 6.141(f)
  148   ZAF | 199 GGR   South Africa National currency | Billions   2000-2010223.94251.90289.22313.44357.98421.73490.17596.86674.06666.79730.79812.34(f) 898.66(f) 993.55(f) 1094.90(f) 1202.56(f) 1316.13(f) 1437.87(f)
  149   ESP | 184 GGR   Spain National currency | Billions   1980-201127.6432.3637.7445.7451.4560.4270.2682.1791.30107.65120.20134.96151.31156.85162.62169.74181.74192.73204.16222.89240.26258.49280.12298.85324.03358.14397.72432.81404.08365.38379.50377.09382.69(f) 390.35(f) 401.47(f) 417.99(f) 436.84(f) 453.76(f)
  150   LKA | 524 GGR   Sri Lanka National currency | Billions   1990-201174.6684.0594.06106.36118.30145.29154.02172.37182.23202.67216.43239.80268.97284.42320.15412.39507.90595.56686.48725.57834.24934.051126.08(f) 1302.18(f) 1500.85(f) 1720.34(f) 1960.91(f) 2235.03(f)
  151   KNA | 361 GGR   St. Kitts and Nevis National currency | Billions   1980-20100.06400.05400.05200.05200.05000.05400.06800.08600.09200.10200.10900.10400.12200.14200.16900.19400.20400.22500.23700.25900.26300.26600.32700.32700.36900.46700.52000.54600.57300.60700.56400.7190(f) 0.6040(f) 0.6080(f) 0.5970(f) 0.6320(f) 0.6700(f) 0.6970(f)
  152   LCA | 362 GGR   St. Lucia National currency | Billions   1985-20100.15200.18300.21500.24200.27400.26600.29800.32200.39800.36700.39200.39100.39900.49800.56100.49200.45800.49700.52500.58200.60800.67600.75300.82900.82700.88600.9240(f) 0.9520(f) 0.9680(f) 1.014(f) 1.064(f) 1.116(f) 1.172(f)
  153   VCT | 364 GGR   St. Vincent and the Gr National currency | Billions   1980-20110.04200.05800.07000.07300.09200.10100.10900.12200.14600.15600.17300.18600.17900.17300.18900.19300.21700.23600.25500.26500.26500.28500.31200.32300.32900.35100.39900.46300.53500.53800.49700.48700.5330(f) 0.5660(f) 0.6050(f) 0.6470(f) 0.6890(f) 0.7280(f)
  154   SDN | 732 GGR   Sudan National currency | Billions   1990-20100.01500.03400.07800.13100.28500.36500.70101.0961.5862.0553.2633.7004.7077.41911.4715.3316.5719.3126.4219.7824.4226.71(f) 21.80(f) 26.36(f) 29.76(f) 32.55(f) 35.59(f) 39.51(f)
  155   SUR | 366 GGR   Suriname National currency | Billions   1990-20100.00100.00100.00200.00300.02100.09300.12300.11000.15300.20000.32300.64400.65400.92001.0721.3521.6012.0312.3112.6722.6453.490(f) 3.718(f) 3.874(f) 4.510(f) 5.071(f) 5.596(f) 6.140(f)
  156   SWZ | 734 GGR   Swaziland National currency | Billions   1981-20100.14300.17500.18800.21600.24100.25600.32200.41200.55400.72500.81400.89800.98001.1461.4071.6681.9872.2522.5952.8253.1113.4263.9084.8425.4998.0207.9469.7149.2256.9447.266(f) 12.05(f) 9.094(f) 9.888(f) 10.85(f) 11.39(f) 11.95(f)
  157   SWE | 144 GGR   Sweden National currency | Billions   1980-2010303.03353.12387.34442.14491.62539.65604.80670.58716.78793.35887.29954.25900.80891.46941.37991.411055.711094.961151.061207.271277.571267.171272.951333.881398.771489.821560.161642.661661.641610.331680.001721.00(f) 1777.94(f) 1870.63(f) 1971.50(f) 2063.43(f) 2161.95(f) 2254.76(f)
  158   CHE | 146 GGR   Switzerland National currency | Billions   1983-200969.5274.0077.9684.6687.3393.6798.68103.66108.53114.08120.77126.62131.15134.21135.00142.42146.07158.75158.88161.40161.09164.66171.14179.71187.68188.15187.03188.62(f) 198.63(f) 199.20(f) 203.39(f) 209.95(f) 216.51(f) 222.81(f) 229.41(f)
  159   SYR | 463 GGR   Syrian Arab Republic National currency | Billions   1990-200965.3186.3099.98101.14122.79148.16171.80202.74205.64217.50246.31306.02295.75321.56343.92358.05435.29459.07491.21601.11608.94(f)
  160   TWN | 528 GGR   Taiwan Province of Chi National currency | Billions   1980-2010363.29433.91444.92483.47530.53551.15584.13706.20829.82986.881097.361134.601349.171424.171544.521600.431641.941843.562028.171914.901991.481852.442051.482179.572154.482502.352425.592568.162538.292387.912448.112487.55(f) 2479.78(f) 2685.59(f) 2828.81(f) 2981.06(f) 3144.46(f) 3311.85(f)
  161   TJK | 923 GGR   Tajikistan National currency | Billions   1998-20110.12400.18200.24600.38200.56000.82401.1041.4462.1902.8713.8954.8295.7227.4839.175(f) 10.02(f) 11.24(f) 13.13(f) 14.88(f) 16.92(f)
  162   TZA | 738 GGR   Tanzania National currency | Billions   1991-2010183.26197.51283.59341.84464.38643.33688.61825.82958.871079.781215.931428.151839.822155.982794.683036.293691.925215.975632.656204.887366.00(f) 9417.74(f) 10490.37(f) 11512.99(f) 12659.09(f) 14202.31(f) 15943.63(f)
  163   THA | 578 GGR   Thailand National currency | Billions   1995-2011826.51934.08937.81822.73804.19851.29972.101015.161249.961381.121563.341714.661788.671953.211842.822223.852279.822386.37(f) 2553.09(f) 2756.53(f) 2984.01(f) 3256.55(f) 3551.42(f)
  164   TLS | 537 GGR   Democratic Republic of National currency | Billions   2000-20090.01300.02000.03400.04300.17800.39900.67801.3622.4531.9102.407(f) 3.372(f) 2.957(f) 2.833(f) 2.608(f) 2.748(f) 2.772(f) 2.722(f)
  165   TGO | 742 GGR   Togo National currency | Billions   1989-2009108.02114.7385.5878.9039.2273.66108.80114.27139.94132.54147.86120.85148.47130.02170.78179.57187.97211.89223.67240.98275.23329.06(f) 364.18(f) 411.61(f) 440.82(f) 485.22(f) 527.56(f) 549.21(f) 583.65(f)
  166   TON | 866 GGR   Tonga National currency | Billions   1999-20090.06700.07300.08500.09700.10500.11700.14000.16500.17100.18600.19400.1950(f) 0.2040(f) 0.2370(f) 0.2560(f) 0.2520(f) 0.2690(f) 0.2870(f) 0.3060(f)
  167   TTO | 369 GGR   Trinidad and Tobago National currency | Billions   1999-201010.5513.7215.2613.0317.9222.3830.4442.8943.7764.3941.5244.5451.91(f) 55.47(f) 59.21(f) 62.69(f) 66.30(f) 71.25(f) 74.48(f)
  168   TUN | 744 GGR   Tunisia National currency | Billions   1990-20113.3973.5294.0344.4965.0075.1495.8285.9986.6687.2747.8558.5659.0789.57110.5011.0912.1613.6816.5417.2418.7520.4022.30(f) 22.94(f) 24.66(f) 27.17(f) 30.08(f) 33.18(f)
  169   TUR | 186 GGR   Turkey National currency | Billions   2002-2010100.77140.96174.39210.03248.71267.07298.84305.85361.08442.33(f) 480.43(f) 525.14(f) 575.84(f) 631.23(f) 694.15(f) 763.45(f)
  170   TKM | 925 GGR   Turkmenistan National currency | Billions   1997-20100.55200.71000.87101.2321.5731.6492.7412.9913.6574.4954.68410.3211.7710.1714.82(f) 16.55(f) 18.24(f) 19.62(f) 21.40(f) 23.29(f) 25.38(f)
  171   TUV | 869 GGR   Tuvalu National currency | Billions   2004-20100.02100.02000.02100.02200.02600.03100.02500.0280(f) 0.0240(f) 0.0300(f) 0.0300(f) 0.0310(f) 0.0310(f) 0.0310(f)
  172   UGA | 746 GGR   Uganda National currency | Billions   1997-20101076.761269.031415.421635.711950.802006.092244.462909.443206.163302.803684.973868.504525.925220.496099.85(f) 7456.25(f) 8272.26(f) 9136.23(f) 10601.72(f) 12263.31(f) 14247.27(f)
  173   UKR | 926 GGR   Ukraine National currency | Billions   1997-201034.2236.5041.5656.7768.4481.28101.49128.12184.64235.23301.62419.67386.33468.20558.20(f) 601.40(f) 662.20(f) 724.06(f) 788.79(f) 860.20(f) 937.80(f)
  174   ARE | 466 GGR   United Arab Emirates National currency | Billions   1990-201038.5066.9559.4351.8455.6865.7374.1381.8273.6979.78122.4599.4180.19101.27128.94205.30283.12320.19451.42255.26313.19440.07(f) 490.91(f) 480.56(f) 466.44(f) 467.53(f) 472.39(f) 488.52(f)
  175   GBR | 112 GGR   United Kingdom National currency | Billions   1980-201092.29106.91120.30127.61136.71149.04155.45166.86186.48203.53216.06226.10227.82230.34249.06267.60281.30302.15327.20346.81370.50386.30389.54408.95437.68467.28504.43529.05546.83514.14533.87558.73(f) 580.62(f) 607.17(f) 639.50(f) 670.55(f) 708.22(f) 747.55(f)
  176   USA | 111 GGR   United States National currency | Billions   2001-20103526.903387.523477.573733.734160.464523.124759.484645.494312.964597.764805.18(f) 4981.26(f) 5333.76(f) 5702.51(f) 6057.15(f) 6409.24(f) 6744.26(f)
  177   URY | 298 GGR   Uruguay National currency | Billions   1999-201079.5578.5383.4584.61103.21117.88130.72147.91172.83188.96215.95254.50286.10(f) 324.54(f) 361.88(f) 402.32(f) 444.16(f) 491.12(f) 543.54(f)
  178   UZB | 927 GGR   Uzbekistan National currency | Billions   1992-20110.14001.76318.41104.81234.72364.73569.69820.131191.471687.942644.203288.623944.894900.217139.9110030.3015357.3418009.6722865.4031273.7138036.03(f) 45217.80(f) 53014.35(f) 61951.30(f) 72461.55(f) 84516.25(f)
  179   VUT | 846 GGR   Vanuatu National currency | Billions   1991-20096.8366.9965.4926.2197.0936.6236.8617.1118.0957.1997.1366.8576.7737.9408.74410.0212.0316.6316.9116.54(f) 17.08(f) 18.09(f) 19.00(f) 19.87(f) 20.83(f) 21.97(f) 23.26(f)
  180   VEN | 299 GGR   Venezuela National currency | Billions   1988-20100.21000.47800.81500.96001.0031.3502.6923.69610.5014.0812.1515.9326.0824.2931.8243.4273.13114.41148.13161.83211.41174.15316.47478.16(f) 674.24(f) 870.15(f) 1086.47(f) 1371.44(f) 1760.17(f) 2288.89(f)
  181   VNM | 582 GGR   Vietnam National currency | Billions   1998-201172965.0078490.0090749.00103888.00121716.00152957.00190889.00228288.30279472.00325422.60429261.00452892.90552069.00700331.10810290.80(f) 916256.70(f) 1014689.00(f) 1134160.00(f) 1268017.00(f) 1407408.00(f)
  182   YEM | 474 GGR   Republic of Yemen National currency | Billions   1990-200924.2133.4329.6033.8537.5495.30220.87289.33227.66336.83588.69553.08567.67672.29820.561121.291449.681429.021973.751274.601774.42(f) 1772.39(f) 2401.43(f) 2260.20(f) 2350.08(f) 2514.38(f) 2716.30(f) 2971.71(f)
  183   ZMB | 754 GGR   Zambia National currency | Billions   2000-20112528.003263.034256.075104.196173.157467.3916824.8810625.8512605.6412182.3415198.4320701.8823127.46(f) 28350.84(f) 33157.19(f) 38779.79(f) 44901.95(f) 51123.57(f)
  184   ZWE | 698 GGR   Zimbabwe National currency | Billions   2005-20100.94200.52000.20200.13300.97502.1992.921(f) 3.538(f) 4.024(f) 4.335(f) 4.611(f) 4.932(f) 5.185(f)
    NOTES
    1Islamic Republic of Afghanistan : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010. Latest actual data is for the solar year 2010/11 Notes: The data for Afghanistan is based on a solar year that runs from March 21 to March 20 Start/end months of reporting year: April/March. Reporting year starts March 21 GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Afghani Data last updated: 02/2012
    2Albania : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    4Angola : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2009 General government includes: Central Government;Social Security Funds Primary domestic currency: Angolan kwanzas Data last updated: 03/2012
    5Antigua and Barbuda : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    6Argentina : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Economy. http://www.mecon.gov.ar/onp/html/ejectexto/cuenta_nac_dosuno.html?var1=cuentanacdosnueve Latest actual data: 2010 Notes: Government gross debt refers to the central government including untendered debt. Fiscal assumptions: The 2012 forecasts are based on the 2011 outturn and IMF staff assumptions. For the outer years, the IMF staff assumes unchanged policies. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash. Central (National) government net lending/borrowing includes interest payments on accrual basis. General government includes: Central Government;Local Government;Social Security Funds;State Government; Valuation of public debt: Nominal value Primary domestic currency: Argentine pesos Data last updated: 04/2012
    7Armenia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Notes: Since the general government accounts for Armenia are not available, all general government series are equal to the central government series. Start/end months of reporting year: January/December GFS Manual used: 2001 General government includes: Central Government Primary domestic currency: Armenian drams Data last updated: 03/2012
    8Australia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    10Azerbaijan : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Notes: Since the general government accounts for Azerbaijan are not available, all general government series are equal to the central government series. Start/end months of reporting year: January/December GFS Manual used: in transition to 2001 GFS Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Face value Primary domestic currency: Azerbaijan manat Data last updated: 03/2012
    11The Bahamas : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    13Bangladesh : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance. GGR (Total Revenue) includes Grants starting 1990 on wards. Before, GGR does not include grants. Latest actual data: 2010 Start/end months of reporting year: July/June GFS Manual used: General government includes: Central Government Primary domestic currency: Bangladesh taka Data last updated: 03/2012
    14Barbados : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: April/March GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government;Nonfinancial Public Corporation;Social Security Funds; Valuation of public debt: Current market value Primary domestic currency: Barbados dollars Data last updated: 03/2012
    15Belarus : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    18Benin : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 General government includes: Central Government;Other Primary domestic currency: CFA francs Data last updated: 03/2012
    19Bhutan : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2008/09 Start/end months of reporting year: July/June Primary domestic currency: Bhutanese ngultrum Data last updated: 02/2012
    20Bolivia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    22Botswana : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: April/March GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Botswana pula Data last updated: 04/2012
    23Brazil : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    24Brunei Darussalam : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011. Latest observation Dec. 2011 Fiscal assumptions: Value added from energy sector and expected fiscal policies. Start/end months of reporting year: January/December. BRN team reports fiscal sector data on calendar year basis. Starting 2004, Brunei's fiscal year changed from January/December to April/March; however, we do not have longer series for FY basis data. GFS Manual used: Basis of recording: Cash General government includes: Central Government;. Budgetary central govt. Valuation of public debt: No liabilities Primary domestic currency: Brunei dollars Data last updated: 03/2012
    25Bulgaria : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    26Burkina Faso : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Discussion with the authorities, past trends and impact of on going structural reforms Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Commitment basis , with cash adjustment General government includes: Central Government; Valuation of public debt: Face value Primary domestic currency: CFA francs Data last updated: 03/2012
    27Burundi : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2009 Primary domestic currency: Burundi francs Data last updated: 03/2012
    28Cambodia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Historical fiscal and monetary data are from the Cambodia authorities. Projections are based on staff's assumptions given 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; Valuation of public debt: Face value Primary domestic currency: Cambodian riels Data last updated: 03/2012
    29Cameroon : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    32Central African Republic : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 Primary domestic currency: CFA francs Data last updated: 03/2012
    33Chad : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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;Nonfinancial Public Corporation; Valuation of public debt: Face value Primary domestic currency: CFA francs Data last updated: 03/2012
    34Chile : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    35China : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: CEIC Latest actual data: 2011 Fiscal assumptions: For 2011, the government is assumed to complete the stimulus program it announced in late 2008. Stimulus is withdrawn in 2011, resulting in a negative fiscal impulse of about 3/4 percent of GDP. For 2012, the government is assumed to slow the pace of fiscal consolidation; the fiscal impulse is assumed to be neutral. 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: Chinese yuan Data last updated: 03/2012
    36Colombia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    37Comoros : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Cash for expenditures, accrual for revenues General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Comorian francs Data last updated: 03/2012
    38Democratic Republic of Congo : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 Primary domestic currency: Congo francs Data last updated: 03/2012
    39Republic of Congo : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    41Côte d'Ivoire : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Start/end months of reporting year: January/December. FY2011 covers April/December due to post-election crisis in 2011Q1 GFS Manual used: 1986 Basis of recording: Noncash (accrual) General government includes: Central Government Primary domestic currency: CFA francs Data last updated: 03/2012
    42Croatia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Projections based on macro framework and authorities' medium-term fiscal guidelines. Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government;Other; Valuation of public debt: Nominal value Primary domestic currency: Croatian kunas Data last updated: 03/2012
    43Cyprus : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: The source is Eurostat for fiscal data. Latest actual data: 2010 Fiscal assumptions: Projections are based on the latest budget information, adjusted for staff's macroeconomic and other assumptions. Start/end months of reporting year: January/December GFS Manual used: Methodology is ESA 95 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
    44Czech Republic : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: The forecast is based on unchanged policies (expenditures, except for the interst payments for the next three years are those provided by the authorities; revenues are projected by staff). There are currently no credible policy plans to reach the 2013 Convergence Program target of 3 percent of GDP. 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: Czech koruny Data last updated: 03/2012
    45Denmark : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    46Djibouti : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Notes: GGE serie was changed as of July 2011 = current expenditure (before = total expenditure) Start/end months of reporting year: January/December General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Djibouti francs Data last updated: 04/2012
    47Dominica : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    49Ecuador : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Latest actual data: 2010 Fiscal assumptions: All the fiscal series are based on 1986 methodology GFS Manual used: 1986 General government includes: Central Government;Local Government;Nonfinancial Public Corporation;Social Security Funds;State Government Primary domestic currency: U.S. dollars Data last updated: 04/2012
    50Egypt : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    51El Salvador : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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;Social Security Funds;State Government; Valuation of public debt: Current market value Primary domestic currency: U.S. dollars Data last updated: 03/2012
    52Equatorial Guinea : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    53Eritrea : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2008 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government Primary domestic currency: Eritrean nakfa Data last updated: 03/2012
    54Estonia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    59Gabon : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. General government includes: Central Government Primary domestic currency: CFA francs Data last updated: 03/2012
    60The Gambia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    61Georgia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Cash Primary domestic currency: Georgian lari Data last updated: 03/2012
    62Germany : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    66Guatemala : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Start/end months of reporting year: January/December General government includes: Central Government Primary domestic currency: Guatemalan quetzales Data last updated: 03/2012
    67Guinea : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    68Guinea-Bissau : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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; Valuation of public debt: Nominal value Primary domestic currency: CFA francs Data last updated: 04/2012
    69Guyana : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    70Haiti : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Latest actual data: 2009 Notes: General Government only includes Central Government Start/end months of reporting year: October/September GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Haitian gourdes Data last updated: 03/2012
    71Honduras : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010. preliminary Start/end months of reporting year: January/December GFS Manual used: 1986. Desk is working on the transition to GFS2001. Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Nonfinancial Public Corporation;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Honduran lempiras Data last updated: 03/2012
    72Hong Kong SAR : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: CEIC Latest actual data: 2010. Fiscal Year 2010/11 is latest complete year Fiscal assumptions: Projections are based on the authorities? medium-term fiscal projections. 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: Face value Primary domestic currency: Hong Kong dollars Data last updated: 03/2012
    73Hungary : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    75India : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance. and IMF staff calculations Latest actual data: 2010. State Level data arrive with significantly longer lag than Central data. Fiscal assumptions: Historical data are based on budgetary execution data. Projections are based on available information on the authorities? fiscal plans, with adjustments for IMF staff assumptions. Subnational data are incorporated with a lag of up to two years; general government data are thus finalized well after central government data. IMF and Indian presentations differ, particularly regarding divestment and license auction proceeds, net versus gross recording of revenues in certain minor categories, and some public sector lending Start/end months of reporting year: January/December. The original data from the authority is on FY (Apr/Mar) basis. IMF staff converted to CY (Jan/Dec) basis. GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;State Government; Valuation of public debt: Nominal value. Authorities debt figures often Primary domestic currency: Indian rupees Data last updated: 03/2012
    76Indonesia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Notes: Additional WEO data variables submission are done based on GFSM 2001 (on a cash basis), however, the process of conversion to GFS 2001 remains ongoing. Fiscal assumptions: The 2011 central government deficit was lower than expected (1.1 percent of GDP), reflecting under spending, particularly on public investment. The central government 2012 deficit is estimated at 1.0 percent of GDP, lower than the budget estimate of 1.5 GDP. This reflects current plans of raising domestic fuel prices by 33%. However as the system of fuel subsidies remain unchanged, increasing oil prices will have a negative budgetary impact in the absence of a comprehensive fuel subsidy reform. Low projected budget deficit also reflects ongoing budget execution problems. Fiscal projections for 2013 ? 2017 are built around key policy reforms needed to support economic growth, namely enhancing budget implementation to ensure fiscal policy effectiveness, reducing energy subsidies through gradual administrative price increases, and continuous revenue mobilization efforts to increase space for infrastructure development. Start/end months of reporting year: January/December. From 2000 onward GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government;Local Government; Valuation of public debt: Face value. Book value Primary domestic currency: Indonesian rupiah Data last updated: 03/2012
    77Islamic Republic of Iran : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    78Iraq : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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: Current market value Primary domestic currency: Iraqi Dinar (ID) Data last updated: 03/2012
    79Ireland : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    82Jamaica : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Notes: All fiscal and debt series data in WEO are on fiscal year basis. Start/end months of reporting year: April/March GFS Manual used: 2001. Public Bodies are still reporting in 1986 format. Basis of recording: Cash General government includes: Central Government;Nonfinancial Public Corporation;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Jamaica dollars Data last updated: 04/2012
    83Japan : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    87Kiribati : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Primary domestic currency: Australian dollars Data last updated: 02/2012
    88Korea : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    89Kosovo : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Authorities Budget and medium-term expenditure framework as well as staff expectations. Start/end months of reporting year: January/December GFS Manual used: Basis of recording: Cash General government includes: Central Government;Local Government;Other; Valuation of public debt: Face value Primary domestic currency: Euro Data last updated: 03/2012
    90Kuwait : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2009. FY 2009/10 Fiscal assumptions: Staff projections Start/end months of reporting year: January/December. Source data comes in fiscal year (March/April) basis. Calendar year data calculated by IMF staff using a weighted average of the fiscal data. GFS Manual used: 1986 Basis of recording: Cash. Some transactions recorded on accrual basis. General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Kuwaiti dinars Data last updated: 03/2012
    91Kyrgyz Republic : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Start/end months of reporting year: January/December GFS Manual used: Not reported according to GFS Basis of recording: Cash General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Kyrgyz som Data last updated: 03/2012
    92Lao People's Democratic Republic : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: October/September GFS Manual used: 2001 General government includes: Central Government Primary domestic currency: Lao kip Data last updated: 01/2012
    93Latvia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    99Luxembourg : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Projections for 2011 are based on the 2011 budget. Staff?s projection for the outlook currently assumes that the authorities will meet their fiscal targets. 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
    100Former Yugoslav Republic of Macedonia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    101Madagascar : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 General government includes: Central Government Primary domestic currency: Malagasy ariary Data last updated: 03/2012
    102Malawi : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    103Malaysia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: For fiscal year 2011, projections are based on preliminary numbers. For fiscal year 2012, projections are based on budget numbers. For the remainder of the projection period, the IMF staff assumes unchanged policies. 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: Malaysian ringgit Data last updated: 03/2012
    104Maldives : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance and Treasury Latest actual data: 2009 Start/end months of reporting year: January/December. Calendar GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value. During the mission in Oct/Nov 2010, we found that the public guaranteed SOE debt for 2009 was only 20 percent of the figure previously reported. As a result, public debt to GDP ratio has declined significantly for 2009. Primary domestic currency: Maldivian rufiyaa Data last updated: 03/2012
    105Mali : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    106Malta : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Eurostat Latest actual data: 2009 Fiscal assumptions: Projections are based on the latest Stability Programme Update by the authorities and budget documents, adjusted for staff's macroeconomic and other assumptions. 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;State Government; Valuation of public debt: Nominal value Primary domestic currency: Euro Data last updated: 03/2012
    107Mauritania : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Start/end months of reporting year: January/December General government includes: Central Government;Nonfinancial Public Corporation Primary domestic currency: Mauritanian ouguiyas Data last updated: 03/2012
    108Mauritius : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    111Mongolia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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;Local Government;Social Security Funds;State Government; Valuation of public debt: Face value Primary domestic currency: Mongolian togrogs Data last updated: 03/2012
    112Montenegro : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    114Mozambique : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections assume a moderate increase in revenue/GDP, commensurate increase in domestic primary spending, and accounts for a lower aid flow, with grants contribution declining. These projections have been discussed during the 2009 review missions. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Mix accrual and cash basis General government includes: Central Government;State Government; Valuation of public debt: Nominal value. Authorities report on stock of debt on a nominal basis. Data for the DSA are calculated discounting maturities over the relevant period Primary domestic currency: Mozambican meticais Data last updated: 03/2012
    115Myanmar : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Fiscal assumptions: Fiscal projections are made based on budget numbers, discussions with the authorities, and staff adjustments. Start/end months of reporting year: April/March GFS Manual used: 2001 Basis of recording: Partly cash, partly accrual General government includes: Central Government;Other; Valuation of public debt: Face value Primary domestic currency: Myanmar kyats Data last updated: 02/2012
    116Namibia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    120Nicaragua : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010. 2011M6 is available Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Monetary Public Corporations, incl. central bank;Nonfinancial Public Corporation;Social Security Funds;State Government;. Data coverage is the nonfinancial public sector Valuation of public debt: Nominal value Primary domestic currency: Nicaraguan córdobas Data last updated: 03/2012
    121Niger : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    124Oman : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2008 Fiscal assumptions: Staff estimates 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: Rials Omani Data last updated: 03/2012
    125Pakistan : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    127Papua New Guinea : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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: Papua New Guinea kina Data last updated: 03/2012
    128Paraguay : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: General Government accounts on a cash basis 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: Face value Primary domestic currency: Paraguayan guaraníes Data last updated: 03/2012
    129Peru : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    130Philippines : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Department of Finance, Department of Budget and Management Latest actual data: 2011. 2011 data are projections for local governments and social security institutions. Fiscal assumptions: Fiscal projections assume that the authorities? fiscal deficit target will be achieved in 2012 and beyond. Revenue projections reflect the IMF staff?s macroeconomic assumptions and incorporate anticipated improvements in tax administration. Expenditure projections are based on budgeted figures, institutional arrangements, and fiscal space in each year. 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; Valuation of public debt: Nominal value Primary domestic currency: Philippine pesos Data last updated: 03/2012
    131Poland : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    134Romania : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: February/January GFS Manual used: 2001. Cash General government includes: Central Government;Nonfinancial Public Corporation;Social Security Funds; Valuation of public debt: Current market value Primary domestic currency: Romanian lei Data last updated: 03/2012
    135Russia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Projections for 2012?14 are based on the non-oil deficit as a percent of GDP implied by the 2012?14 medium-term budget and IMF staff revenue projections. The IMF staff assumes an unchanged non-oil federal government balance as a percent of GDP during 2015?17. 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: Current market value Primary domestic currency: Russian rubles Data last updated: 03/2012
    136Rwanda : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001 Basis of recording: Expenditures are recorded on accrual basis, while reveunes are recoreded on cash basis. General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Rwanda francs Data last updated: 02/2012
    137Samoa : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2009 Start/end months of reporting year: July/June General government includes: Central Government Primary domestic currency: Samoa tala Data last updated: 03/2012
    138São Tomé and Príncipe : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance. Fuel tax revenue from Customs Department Latest actual data: 2011 Notes: There is no public domestic debt 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: São Tomé and Príncipe dobras Data last updated: 04/2012
    139Saudi Arabia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    140Senegal : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Based on program targets for first 1-2 years, thereafter on DSA considerations. Fiscal accounts are shown in accordance with the 2001 GFS methodology. 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: CFA francs Data last updated: 03/2012
    141Serbia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    143Sierra Leone : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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; Valuation of public debt: Nominal value Primary domestic currency: Sierra Leonean leones Data last updated: 03/2012
    144Singapore : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: For fiscal year 2012/13, projections are based on budget numbers. For the remainder of the projection period, the IMF staff assumes unchanged policies. 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: Singapore dollars Data last updated: 03/2012
    145Slovak Republic : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Haver Analytics Latest actual data: 2011 Fiscal assumptions: Estimates for the general government in 2010 reflect the actual outturn. Projections for 2011 are based on actual outturn for central government only. Projections for 2012 and beyond reflects no policy change scenario. Start/end months of reporting year: January/December GFS Manual used: ESA 95 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Face value Primary domestic currency: Euros Data last updated: 03/2012
    146Slovenia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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;Local Government;Social Security Funds;State Government; Valuation of public debt: Face value Primary domestic currency: Euros Data last updated: 03/2012
    147Solomon Islands : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    150Sri Lanka : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: It is based on the authoritie's medium term fiscal framework and the revenue measures proposed. 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: Sri Lanka rupees Data last updated: 03/2012
    151St. Kitts and Nevis : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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;. 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
    152St. Lucia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: April/March 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
    153St. Vincent and the Grenadines : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    154Sudan : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 Primary domestic currency: Sudanese Pound. Data last updated: 03/2012
    155Suriname : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Notes: Total expenditures include statistical discrepancies classified under Purchase/Use of Goods and Services. Net lending is not included. Fiscal assumptions: IMF staff projections 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: Current market value Primary domestic currency: Suriname dollars Data last updated: 02/2012
    156Swaziland : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    160Taiwan Province of China : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: CEIC Latest actual data: 2010 Notes: We do not have data on policy lending. Fiscal assumptions: Projections for 2011-17 are based on the assumptions underlying the IMF staff's medium-term macroeconomic scenario. Start/end months of reporting year: January/December GFS Manual used: 1986 Basis of recording: accrual General government includes: Central Government;Local Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: New Taiwan dollar Data last updated: 03/2012
    161Tajikistan : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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;Local Government;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Tajik somoni Data last updated: 04/2012
    162Tanzania : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: July/June GFS Manual used: 2001 Basis of recording: Cash General government includes: Central Government Primary domestic currency: Tanzania shillings Data last updated: 03/2012
    163Thailand : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Fiscal assumptions: Fiscal projections are based on IMF staff estimates from latest Article IV consultation, adjusted for changes in macroeconomics assumption as well as in classification method Start/end months of reporting year: October/September GFS Manual used: 2001 Basis of recording: Noncash (accrual) General government includes: Central Government;Local Government; Valuation of public debt: Nominal value. Book value Primary domestic currency: Thai baht Data last updated: 03/2012
    164Democratic Republic of Timor-Leste : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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: Nominal value Primary domestic currency: U.S. dollars Data last updated: 03/2012
    165Togo : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 Primary domestic currency: CFA francs Data last updated: 03/2012
    166Tonga : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Central Bank. Plus ministry of finance Latest actual data: 2009 Start/end months of reporting year: July/June GFS Manual used: 1986 Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Face value Primary domestic currency: Tongan pa?anga Data last updated: 03/2012
    167Trinidad and Tobago : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    168Tunisia : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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: Nominal value Primary domestic currency: Tunisian dinars Data last updated: 03/2012
    169Turkey : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    170Turkmenistan : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Start/end months of reporting year: January/December GFS Manual used: 2001. The central budget data are not reported according to GFSM 2001 by the authorities. Basis of recording: Cash General government includes: Central Government; Valuation of public debt: Nominal value Primary domestic currency: Turkmen manat Data last updated: 03/2012
    171Tuvalu : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: IMF Staff Latest actual data: IMF staff estimates General government includes: Central Government Primary domestic currency: Australian Dollar Data last updated: 04/2012
    172Uganda : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010. 2009/10 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: Uganda shillings Data last updated: 03/2012
    173Ukraine : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    178Uzbekistan : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2011 Start/end months of reporting year: January/December GFS Manual used: Data not reported according to GFS methodology. 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: Uzbek sum Data last updated: 03/2012
    179Vanuatu : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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: Current market value Primary domestic currency: Vanuatu vatu Data last updated: 03/2012
    180Venezuela : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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;Local Government;Nonfinancial Public Corporation;Social Security Funds; Valuation of public debt: Nominal value Primary domestic currency: Venezuelan bolívares Data last updated: 03/2012
    181Vietnam : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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 : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. 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
    184Zimbabwe : Revenue consists of taxes, social contributions, grants receivable, and other revenue. Revenue increases government?s net worth, which is the difference between its assets and liabilities (GFSM 2001, paragraph 4.20). Note: Transactions that merely change the composition of the balance sheet do not change the net worth position, for example, proceeds from sales of nonfinancial and financial assets or incurrence of liabilities. Source: Ministry of Finance Latest actual data: 2010 Notes: Fiscal data prior to 2008 are not reliable. 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. In U.S. dollar Primary domestic currency: U.S. dollars Data last updated: 03/2012