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Recent Improvements to the Government Finance Statistics Yearbook Database in Response to Analytical Needs

Recent Improvements to the Government Finance Statistics Yearbook Database in Response to Analytical Needs
Author: Mr.Mike Seiferling
Publisher: International Monetary Fund
Total Pages: 20
Release: 2013-01-14
Genre: Business & Economics
ISBN: 1475528256

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The demand for high quality detailed public finance statistics covering a globally representative sample of countries has increased dramatically during the recent financial crisis. Due to the complexity of public finance statistics, however, such data tend to be either available in oversimplified high level aggregates and lacking in methodological transparency, or, available with a great level of detail and a unified methodological approach yet overly complicated to understand. The IMF’s Government Finance Statistics Yearbook (GFSY) withdata over an almost 40 year period for almost 140 countries is a valuable database but with a complex structure requiring some specialty knowledge that most data users do not have. The IMF's Statistics Department embarked on several initiatives to improve its accessibility. The purpose of this paper is to provide a non-technical overview of the methodology and advantages of the GFSY database and discussion of how the database is improving to better meet the needs of the user community.


The IMF's Government Finance Statistics Yearbook

The IMF's Government Finance Statistics Yearbook
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 15
Release: 2011-06-01
Genre: Business & Economics
ISBN: 1455264393

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A useful but little known feature of the IMF’s Government Finance Statistics Yearbook (GFSY) is the information on the structure of governments. Institutional tables, included in the GFSY, provide detail on the central, state, and local levels of governments, social security, and extrabudgetary units. We refer to the main levels of government as GL1, GL2, and GL3 in ascending order of institutional coverage. We present maps of the various levels of government for 74 countries to illustrate the usefulness of this database and make it more accessible to users. The maps provide information about how centralized or decentralized government finances and employment are and their size relative to the overall economy. Government map data facilitate the monitoring of fiscal policy and fiscal rules.


Government Finance Statistics Yearbook, 2013

Government Finance Statistics Yearbook, 2013
Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
Total Pages: 673
Release: 2014-04-02
Genre: Business & Economics
ISBN: 1484319567

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The IMF Government Finance Statistics contains statistical data on government financial operations for 156 countries. Where reported, the database contains time series from 1990 onwards using the Government Finance Statistics Manual 2001 (GFSM 2001) framework. The statistics, issued quarterly, are updated as new data are received and time series become available. These time series present combined statistics on revenue, expense, transactions in non-financial assets, and financial assets and liabilities, as well as on stocks of assets and liabilities of general government and its subsectors.


Government Finance Statistics Yearbook, 2012

Government Finance Statistics Yearbook, 2012
Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
Total Pages: 635
Release: 2013-03-19
Genre: Business & Economics
ISBN: 1475570341

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The demand for high quality detailed public finance statistics covering a globally representative sample of countries has increased dramatically during the recent financial crisis. Due to the complexity of public finance statistics, however, such data tend to be either available in oversimplified high level aggregates and lacking in methodological transparency, or, available with a great level of detail and a unified methodological approach yet overly complicated to understand. The IMF’s Government Finance Statistics Yearbook shows fiscal data of around 140 countries following the Government Finance Statistics Manual 2001 framework. The associated database includes data series covering over an almost 40 year period. The IMF's Statistics Department embarked on several initiatives to improve its accessibility.


Government Finance Statistics Yearbook, 2005

Government Finance Statistics Yearbook, 2005
Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
Total Pages: 593
Release: 2005-12-20
Genre: Business & Economics
ISBN: 1589064623

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Detailed annual data for Fund member governments are supplied on revenue income by source (tax, lending, bonds, etc.), and expenditure by sector (defense, education, health, etc.) for all levels of government (national, state, local). Topics covered include deficit/surplus or total financing, revenues or grants, expenditures, lending minus repayments, domestic financing, foreign financing, domestic debt or total debt, and foreign debt. The Yearbook provides data on budgetary operations, extra-budgetary operations, social security, and consolidated financial operations of central governments. A section of the Government Finance Statistics Yearbook is devoted to a cross-country comparison of data.


Government Finance Statistics Manual 2014

Government Finance Statistics Manual 2014
Author: Mrs.Sage De Clerck
Publisher: International Monetary Fund
Total Pages: 470
Release: 2015-03-10
Genre: Business & Economics
ISBN: 1498379214

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The 2007–09 international financial crisis underscored the importance of reliable and timely statistics on the general government and public sectors. Government finance statistics are a basis for fiscal analysis and they play a vital role in developing and monitoring sound fiscal programs and in conducting surveillance of economic policies. The Government Finance Statistics Manual 2014 represents a major step forward in clarifying the standards for compiling and presenting fiscal statistics and strengthens the worldwide effort to improve public sector reporting and transparency.


Government Finance Statistics Yearbook, 2014

Government Finance Statistics Yearbook, 2014
Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
Total Pages: 820
Release: 2015-10-08
Genre: Business & Economics
ISBN: 1513540769

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The IMF Government Finance Statistics contains statistical data on government financial operations for 156 countries. Where reported, the database contains time series from 1972 onwards using the Government Finance Statistics Manual 2014 (GFSM 2014) framework. The statistics, issued quarterly, are updated as new data are received and time series become available. These time series present combined statistics on revenue, expense, transactions in non-financial assets, and financial assets and liabilities, as well as on stocks of assets and liabilities of general government and its subsectors.


Government Finance Statistics Yearbook 2015

Government Finance Statistics Yearbook 2015
Author:
Publisher: International Monetary Fund
Total Pages: 743
Release: 2016-06-15
Genre: Business & Economics
ISBN: 1484375602

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This annual publication provides detailed data on transactions in revenue, expense, net acquisition of assets and liabilities, other economic flows, and balances of assets and liabilities of general government and its subsectors. The data are compiled according to the framework of the 2014 Government Finance Statistics Manual, which provides for several summary measures of government fiscal performance.


Government Finance Statistics Yearbook, 2011

Government Finance Statistics Yearbook, 2011
Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
Total Pages: 594
Release: 2012-03-13
Genre: Business & Economics
ISBN: 1475518838

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The IMF Government Finance Statistics contains statistical data on government financial operations for 156 countries. Where reported, the database contains time series from 1990 onwards using the Government Finance Statistics Manual 2001 (GFSM 2001) framework. The statistics, issued quarterly, are updated as new data are received and time series become available. These time series present combined statistics on revenue, expense, transactions in non-financial assets, and financial assets and liabilities, as well as on stocks of assets and liabilities of general government and its subsectors.


Definitions of Government in IMF-Supported Programs

Definitions of Government in IMF-Supported Programs
Author: Ms.Claudia Helene Dziobek
Publisher: International Monetary Fund
Total Pages: 24
Release: 2013-05-10
Genre: Business & Economics
ISBN: 1484333837

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This note addresses the following main issues: • Statistical definitions of government (Government Finance Statistics Manual 2001) • Institutional structure of government and public sector • What is a precise definition of government and why it is relevant • Potential pitfalls of lacking a precise definition of government • Definitions of government in IMF-supported programs • Applications for fiscal rules and other fiscal policy design