Net acquisition of financial assets in Naoero
Naoero: Net acquisition of financial assets was 30.7% in 2020. ▲ Rising
Net acquisition of financial assets in Naoero, 2014–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Naoero recorded 30.7% for net acquisition of financial assets in 2020.
Compared with earlier readings it is down 12.1% on the previous year and up 162.0% over ten years.
That places Naoero 1st out of 134 countries with data for 2020, putting it in the top 10%.
Net acquisition of financial assets in Naoero, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 11.7% | — |
| 2015 | 14.2% | +21.2% |
| 2016 | 12.4% | -12.4% |
| 2017 | 11.0% | -11.5% |
| 2018 | 29.5% | +167.8% |
| 2019 | 34.9% | +18.4% |
| 2020 | 30.7% | -12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 19.0% | 11.0% | 34.9% | 6 |
| 2020s | 30.7% | 30.7% | 30.7% | 1 |
Countries ranked near Naoero
More public sector data for Naoero
- Tax revenue 21.4% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 (2019)
- Taxes on income, profits and capital gains 8.7% (2024)
- Capital stock, General government, Constant prices, Percent of GDP 0 (2019)
- Capital stock, General government, Constant prices, Purchasing power 0 (2019)
- Taxes on goods and services 2.7% (2024)
- Net investment in nonfinancial assets 9.2% (2024)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) 15.1% (2024)
Frequently asked questions
- What is net acquisition of financial assets in Naoero?
- Net acquisition of financial assets in Naoero was 30.7% in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Naoero?
- The highest recorded value was 34.9% in 2019.
- What is the lowest net acquisition of financial assets recorded in Naoero?
- The lowest recorded value was 11.0% in 2017.
- How does Naoero rank for net acquisition of financial assets?
- Naoero ranks 1st out of 134 countries with data for 2020.
- Is net acquisition of financial assets rising or falling in Naoero?
- Over the last ten years it is up 162.0%. The long-run trend across the full record is rising.
- Where does this Naoero data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.