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  • Indicator

    By Social Sector (VPS/SCL/SCL)
    Gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. This includes debt liabilities in the form of SDRs, currency and deposits, debt securities, loans, insurance, pensions and standardized guarantee schemes, and other accounts payable. Thus, all liabilities in the GFSM 2001 system are debt, except for equity and investment fund shares and financial derivatives and employee stock options. Debt can be valued at current market, nominal, or face values (GFSM 2001, paragraph 7.110).
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  • Indicator

    By Social Sector (VPS/SCL/SCL)
    Net lending (+)/ borrowing (-) is calculated as revenue minus total expenditure. This is a core 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 (GFSM 2001, paragraph 4.17). Note: Net lending (+)/borrowing (-) is also equal to net acquisition of financial assets minus net incurrence of liabilities.
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  • Indicator

    By Department of Research and Chief Economist (VPS/RES/RES)
    Total expenditures, constant prices, in millions of 1998 domestic currency, deflated by CPI. It excludes net lending. It refers to the budgetary central government. The fiscal year starts on July 1st. It refers to calendar year.
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  • Indicator

    By Social Sector (VPS/SCL/SCL)
    Government expenditure on tertiary education as a percentage of GDP (%)
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  • Indicator

    By Social Sector (VPS/SCL/SCL)
    Primary net lending/borrowing is net lending (+)/borrowing (-) plus net interest payable/paid (interest expense minus interest revenue).
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