Title:               General government net lending/borrowing for Australia
Series ID:           GGNLBAAUA188N
Source:              International Monetary Fund
Release:             World Economic Outlook (Not a Press Release)
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Percent of GDP
Date Range:          1988-01-01 to 2021-01-01
Last Updated:        2023-10-12 1:28 PM CDT
Notes:               Net lending (+)/ borrowing (-) is calculated as revenue minus total
                     expenditure. This is a core Government Finance Statistics (GFS)
                     balance that measures the extent to which general government is either
                     putting financial resources at the disposal of other sectors in the
                     economy and nonresidents (net lending), or utilizing the financial
                     resources generated by other sectors and nonresidents (net borrowing).
                     This balance may be viewed as an indicator of the financial impact of
                     general government activity on the rest of the economy and
                     nonresidents (Government Finance Statistics Manual 2001 (GFSM 2001),
                     paragraph 4.17). Note: Net lending (+)/borrowing (-) is also equal to
                     net acquisition of financial assets minus net incurrence of
                     liabilities. A projection of this data can be found at
                     https://fred.stlouisfed.org/series/GGNLBPAUA188N.
                     
                     Copyright © 2016, International Monetary Fund. Reprinted with
                     permission. Complete terms of use and contact details are available at
                     http://www.imf.org/external/terms.htm.

DATE         VALUE
1988-01-01   0.477
1989-01-01   0.925
1990-01-01  -0.232
1991-01-01  -2.788
1992-01-01  -4.744
1993-01-01  -4.727
1994-01-01  -3.793
1995-01-01  -2.604
1996-01-01  -1.456
1997-01-01  -0.493
1998-01-01  -0.246
1999-01-01   0.666
2000-01-01   1.251
2001-01-01  -0.030
2002-01-01   0.193
2003-01-01   1.051
2004-01-01   1.323
2005-01-01   1.708
2006-01-01   1.773
2007-01-01   1.475
2008-01-01  -1.101
2009-01-01  -4.563
2010-01-01  -5.116
2011-01-01  -4.527
2012-01-01  -3.510
2013-01-01  -2.812
2014-01-01  -2.919
2015-01-01  -2.788
2016-01-01  -2.423
2017-01-01  -1.717
2018-01-01  -1.259
2019-01-01  -4.413
2020-01-01  -8.744
2021-01-01  -6.504