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General government gross financial liabilities.

               General government gross financial liabilities
                      As a percentage of nomical GDP
                                         1983  1984  1985  1986  1987  1988
United States                            46.9  48.6  53.5  56.9  58.3  59.0
Japan [b]                                61.7  62.6  64.2  66.7  68.9  65.5
Germany [c]                              39.1  40.6  41.6  41.5  42.2  42.2
France                                   34.7  36.5  37.9  38.8  40.1  40.0
Italy                                    70.0  75.3  82.1  86.2  90.3  92.5
United Kingdom                           53.9  60.8  59.4  58.6  56.3  49.9
Canada                                   57.8  60.0  66.3  69.6  70.7  70.5
Total of above countries                 50.5  52.7  56.1  58.6  60.0  59.4
Australia                                  ..    ..    ..    ..    ..  25.8
Austria                                  45.2  47.7  49.8  54.3  58.2  59.5
Belgium                                 110.5 114.8 118.8 123.8 128.2 128.3
Denmark                                  76.2  77.5  74.9  71.8  68.6  66.7
Finland                                    ..    ..    ..    ..    ..    ..
Greece                                   33.6  40.3  47.2  47.8  52.6  62.7
Iceland                                  31.3  33.3  33.1  30.6  28.3  31.7
Ireland                                  92.7  96.8  99.7 110.8 112.1 108.5
Korea                                    17.8  16.7  16.3  14.4  12.6   9.8
Netherlands                              60.2  64.2  68.7  70.6  73.1  76.0
Norway                                   31.6  31.9  34.6  43.0  36.0  35.1
Portugal                                 48.5  54.0  57.0  66.8  64.3  65.0
Spain                                    37.4  43.7  48.6  49.4  48.6  45.0
Sweden                                   63.6  64.9  64.6  64.1  57.2  51.5
Total of above smaller countries         47.1  50.2  52.7  54.3  53.9  49.5
Total of above OECD countries            50.0  52.3  55.6  58.0  59.1  57.8
Memorandum items
Total of above European Union countries  50.9  54.7  57.1  58.4  59.2  58.4
Euro area                                47.4  50.5  53.4  55.2  56.6  57.3
                                         1989  1990  1991  1992  1993  1994
United States                            59.3  60.9  65.5  68.1  69.7  68.9
Japan [b]                                62.6  61.4  58.2  59.8  63.0  69.4
Germany [c]                              39.9  42.0  40.1  43.4  49.0  49.2
France                                   39.9  39.5  40.3  44.7  51.6  55.3
Italy                                    95.3 103.7 107.4 116.1 117.9 124.0
United Kingdom                           43.2  39.1  40.1  46.9  56.2  53.7
Canada                                   71.1  73.5  80.9  88.2  96.8  98.0
Total of above countries                 58.5  59.7  61.5  65.0  68.6  70.0
Australia                                23.8  22.6  23.8  28.1  31.4  41.0
Austria                                  58.7  57.9  58.1  58.0  62.7  65.4
Belgium                                 124.7 125.2 126.9 128.3 134.9 132.8
Denmark                                  65.0  65.8  66.7  70.6  83.8  77.7
Finland                                    ..  14.5  23.0  41.5  58.0  59.6
Greece                                   65.7  89.0  91.2  97.5 110.2 107.9
Iceland                                  37.4  37.0  39.1  46.9  53.7  56.6
Ireland                                  99.1  92.6  92.4  90.0  94.0  88.1
Korea                                     9.1   8.2   7.2   6.9   5.9   6.1
Netherlands                              76.0  75.6  75.7  76.4  77.6  74.0
Norway                                   35.4  32.4  30.3  36.1  45.1  43.5
Portugal                                 63.3  65.3  67.3  59.9  63.1  63.8
Spain                                    46.5  48.5  49.6  52.1  63.4  65.5
Sweden                                   46.9  42.9  51.6  68.9  74.0  78.3
Total of above smaller countries         48.6  48.2  49.4  52.3  57.8  58.9
Total of above OECD countries            56.9  57.8  59.5  63.0  66.8  68.2
Memorandum items
Total of above European Union countries  57.1  58.1  58.7  63.6  70.0  71.2
Euro area                                57.1  59.6  60.1  64.0  68.5  70.2
                                         1995  1996  1997      1998
United States                            68.3  67.7  65.4      62.4
Japan [b]                                76.0  80.6  84.7      97.3 [a]
Germany [c]                              59.1  61.9  62.8      63.3
France                                   59.4  62.3  64.5      64.9 [a]
Italy                                   123.1 122.2 120.4 [a] 118.2
United Kingdom                           58.9  58.5  58.9      56.4 [a]
Canada                                   99.2  98.9  94.1      91.7 [a]
Total of above countries                 72.6  73.6  73.3      73.8
Australia                                42.2  40.2  38.6      33.4
Austria                                  69.4  69.7  64.3      63.3
Belgium                                 129.8 126.5 121.2     116.2
Denmark                                  73.9  68.0  64.5      59.6 [a]
Finland                                  58.1  57.6  55.0      49.7
Greece                                  108.7 111.3 108.6     105.4
Iceland                                  59.6  56.8  52.1      44.9 [a]
Ireland                                  80.8  71.1  62.3      52.6
Korea                                     6.3   6.3   9.2       9.9 [a]
Netherlands                              75.5  73.8  68.4      65.0
Norway                                   41.1  35.2  31.7      33.7 [a]
Portugal                                 65.9  65.0  62.1      57.7 [a]
Spain                                    68.4  72.2  70.9      70.3 [a]
Sweden                                   77.2  74.6  74.4      73.7 [a]
Total of above smaller countries         59.5  58.8  57.0      54.8
Total of above OECD countries            70.5  71.2  70.6      70.7
Memorandum items
Total of above European Union countries  75.1  76.0  75.5      74.1
Euro area                                74.2  76.7  76.6      75.6
                                        Estimates and
                                         projections
                                            1999       2000  2001
United States                               59.3       57.1  55.2
Japan [b]                                  105.4      114.1 122.1
Germany [c]                                 62.6       61.7  60.2
France                                      65.2       64.6  63.4
Italy                                      117.7      115.2 112.3
United Kingdom                              54.0       51.2  48.6
Canada                                      86.9       82.5  78.5
Total of above countries                    73.4       73.2  73.0
Australia                                   31.3       27.7  26.6
Austria                                     63.3       63.2  63.0
Belgium                                    114.1      111.0 107.7
Denmark                                     55.4       51.6  47.8
Finland                                     44.9       40.6  36.0
Greece                                     103.8      103.0 102.5
Iceland                                     39.8       36.0  32.5
Ireland                                     43.9       35.7  28.5
Korea                                       13.7       17.0  19.5
Netherlands                                 62.9       60.6  58.3
Norway                                      34.3       33.2  30.4
Portugal                                    56.6       55.4  53.9
Spain                                       70.4       70.6  68.6
Sweden                                      68.3       64.4  59.6
Total of above smaller countries            54.0       53.0  51.6
Total of above OECD countries               70.2       69.9  69.5
Memorandum items
Total of above European Union countries     73.1       71.4  69.3
Euro area                                   74.8       73.4  71.4


Note: For further details see "Sources and Methods" (http://www.oecd.org./eco/out/source.htm).

(a.)OECD estimates starting from this year.

(b.)Includes the debt of the Japan Railway Settlement Corporation and the National Forest Special Account from 1998 onwards.

(c.)Includes the debt of the German Railways Fund from 1994 onwards and the Inherited Debt Fund from 1995 onwards.
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Publication:OECD Economic Outlook
Article Type:Statistical Data Included
Geographic Code:00WOR
Date:Dec 1, 1999
Words:1267
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