Help us improve this section of the site. Can we get your feedback? Click here

DataBank

What's New

Metadata Glossary

Code3.02.01.02.fscov
Indicator NameGovernment Finance accounting concept
Short definitionGovernment finance accounting concept describes the accounting basis for reporting central government financial data.
Long definitionGovernment finance accounting concept describes the accounting basis for reporting central government financial data. For many countries government finance data have been consolidated into one set of accounts capturing all the central government's fiscal activities. Budgetary central government accounts do not necessarily include all central government units, the picture they provide of central government activities is usually incomplete.
SourceWorld Bank: World Development Indicator (Primary Data Documentation). Original source: IMF: Government Finance Statistics Yearbook.
TopicStatistical Capacity Indicator (SCI)
Statistical concept and methodologyScore is 1 for consolidated account.
^