Downloads (and caches) general government net lending/borrowing as a share of GDP for OECD member countries from the OECD National Accounts (NAAG) database.
Arguments
- countries
Character vector of ISO 3166-1 alpha-3 country codes, or
"all"for all available OECD members. Defaults to"all". Runlist_oecd_countries()to see available codes.- start_year
Numeric. Earliest year to include. Defaults to
1990.- refresh
Logical. If
TRUE, re-download even if a cached copy exists. Defaults toFALSE.
Value
A data frame with columns:
- country
ISO 3166-1 alpha-3 country code (character)
- country_name
English country name (character)
- year
Calendar year (integer)
- series
"GOVT_NET_LENDING"(character)- value
Net lending/borrowing as a share of GDP (numeric). Positive = surplus; negative = deficit.
- unit
"% of GDP"(character)
Details
Net lending/borrowing is the difference between government revenue and expenditure, expressed as a percentage of GDP. A positive value indicates a surplus (government saving); a negative value indicates a deficit (government borrowing). This is the standard fiscal balance measure used for cross-country comparisons and is consistent with the System of National Accounts (SNA) definition.
See also
Other fiscal:
get_oecd_tax()
Examples
# \donttest{
op <- options(readoecd.cache_dir = tempdir())
deficit <- try(get_oecd_deficit(c("AUS", "GBR", "USA"), start_year = 2000))
#> Downloading from OECD API...
if (!inherits(deficit, "try-error")) head(deficit)
#> country country_name year series value unit
#> 75 AUS Australia 2000 GOVT_NET_LENDING -1.3381041 % of GDP
#> 25 AUS Australia 2001 GOVT_NET_LENDING -0.7788197 % of GDP
#> 4 AUS Australia 2002 GOVT_NET_LENDING 0.6761192 % of GDP
#> 69 AUS Australia 2003 GOVT_NET_LENDING 0.7640926 % of GDP
#> 1 AUS Australia 2004 GOVT_NET_LENDING 0.8962921 % of GDP
#> 27 AUS Australia 2005 GOVT_NET_LENDING 1.5711434 % of GDP
options(op)
# }