Economy > Financial sector > Assets Stats: compare key data on Germany & Solomon Islands
Definitions
- Claims on governments and other public entities > Current LCU: Claims on governments and other public entities (IFS line 32an + 32b + 32bx + 32c) usually comprise direct credit for specific purposes such as financing of the government budget deficit or loans to state enterprises, advances against future credit authorisations, and purchases of treasury bills and bonds, net of deposits by the public sector. Public sector deposits with the banking system also include sinking funds for the service of debt and temporary deposits of government revenues. Data are in current local currency."
- Domestic credit provided by banking sector > % of GDP: Domestic credit provided by the banking sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The banking sector includes monetary authorities and deposit money banks, as well as other banking institutions where data are available (including institutions that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other banking institutions are savings and mortgage loan institutions and building and loan associations."
- Domestic credit to private sector > % of GDP: Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises."
- Net domestic credit > Current LCU: Net domestic credit is the sum of net credit to the nonfinancial public sector, credit to the private sector, and other accounts. Data are in current local currency."
- Net foreign assets > Current LCU: Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. Data are in current local currency."
