In this dataset, almost all OECD countries compile their data according to 2008 System of National Account (SNA).
The link to the file "ANA_changes.xls" is available for users to provide more information on where OECD countries and non member countries stand regarding the change over the 2008 SNA.
The readers' guide gives general information on the dataset and withheld criteria for this dataset.
Definition
The financial net worth of the general government sector is the total value of its financial assets minus the total value of its outstanding liabilities.
The SNA defines financial assets of the government sector as the following: currency and deposits; securities other than shares; loans; shares and other equity; insurance technical reserves; and other accounts receivable. Monetary gold and SDRs are part of the government financial assets in a very few countries, such as the United Kingdom and the United States. Outstanding liabilities refer to the total liabilities as recorded in the financial balance sheet of the general government.
General government consists of central, state and local governments as well as social security funds.
The valuation of financial assets and liabilities should be at market prices, and financial assets and liabilities between all government sub-sectors should be consolidated.
Data are consolidated for all OECD countries, except Chile, Japan, Korea, and the United Kingdom. It means that all stocks that represent relationships among its sub-sectors of general government are eliminated, avoiding double counting of stocks among its sub-sectors. As a consequence, only stocks of the general government sector vis-à-vis sectors outside the boundary of the general government are measured.
Because of the symmetry of the consolidation process, balancing items are not affected.
The institutional set-up of pensions schemes can have an impact on the comparability of net worth across countries,
Definition
The financial net worth of the general government sector is the total value of its financial assets minus the total value of its outstanding liabilities.
The SNA defines financial assets of the government sector as the following: currency and deposits; securities other than shares; loans; shares and other equity; insurance technical reserves; and other accounts receivable. Monetary gold and SDRs are part of the government financial assets in a very few countries, such as the United Kingdom and the United States. Outstanding liabilities refer to the total liabilities as recorded in the financial balance sheet of the general government.
General government consists of central, state and local governments as well as social security funds.
The valuation of financial assets and liabilities should be at market prices, and financial assets and liabilities between all government sub-sectors should be consolidated.
Data are consolidated for all OECD countries, except Chile, Japan, Korea, and the United Kingdom. It means that all stocks that represent relationships among its sub-sectors of general government are eliminated, avoiding double counting of stocks among its sub-sectors. As a consequence, only stocks of the general government sector vis-à-vis sectors outside the boundary of the general government are measured.
Because of the symmetry of the consolidation process, balancing items are not affected.
The institutional set-up of pensions schemes can have an impact on the comparability of net worth across countries,