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Government Finance Statistics (GFS)
Research and Related Materials

Last Updated: August 9, 2013

Template to Collect Data on Government Revenues from Natural Resources. The IMF Statistics Department has launched field tests of the proposed standard template in six pilot countries. Field tests will be conducted over the next two years. The experience and challenges from the pilots will inform the final version of the template which, together with a summary of the lessons from the pilots, will be shared with the IMF’s Executive Board for information and subsequently published. In the meantime, an unofficial interim version of this paper, which incorporates the comments received from the international community, is available upon request from

The purpose of this paper Review of the Implementation of Government Finance Statistics to Strengthen Fiscal Analysis is to review progress since the 2010 Board decision concerning Government Finance Statistics (GFS) to Strengthen Fiscal Analysis, and develop a path to continued improvement of fiscal data in the Fund. The Board decision approved a phased migration that involved (1) the inclusion in staff reports by May 2011 of key elements of the Government Finance Statistics Manual 2001 (GFSM 2001) presentation, together if needed, with additional presentations that the authorities are familiar with; and (2) a continuation of technical assistance to develop countries’ capacity to produce comprehensive GFSM 2001 presentations.

GFS Research

Disclaimer: These papers should not be reported as representing the views of the IMF. The views expressed in these papers are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. These papers describe research in progress by the author(s) and are published to elicit comments and to further debate.

Definitions of Government in IMF Supported Programs – TNM/13/01

Another Look at Government's Balance Sheets: The Role of Nonfinancial Assets - WP/13/95

Stock-Flow Adjustments, Government’s Integrated Balance Sheet and Fiscal Transparency. IMF Working Paper WP/13/63

Recent Improvements to the Government Finance Statistics Yearbook Database in Response to Analytical Needs. IMF Working Paper WP/13/15

What Lies Beneath: Statistical Definitions of Public Debt. IMF Staff Discussion Note (SDN/12/09), (July)

The IMF’s Government Finance Statistics YearbookMaps of Government for 74 countries. IMF Working Paper WP/11/127

Measuring Fiscal Decentralization-Exploring the IMF’s Databases, IMF Working Paper WP/11/126

Statistical Treatment of Build-Own-Operate-Transfer Schemes – WP/02/167

GFSM 2001 Related Materials

GFS Fact Sheet, December 2009
Arabic (1127kb pdf file) / Chinese | English | Français | Español | Русский


Looking Beyond the Central Government – Global Trends in State and Local Government Debt

Coverage and Sectorization of the Public Sector, December 2006
Arabic (432kb pdf file) | Chinese | English | Français | Español | Русский

Selection of Data Sources, Preparations, and the Compilation of GFSM 2001 statistics, August 2007
Arabic (900kb pdf file) | Chinese | English | Français | Español | Русский

Classification of the GFSM 1986 Data to the GFSM 2001 Framework, October 2002
Arabic (1,053kb pdf file) | Chinese | English | Español | Français | Русский

Consolidation of the General Government Sector, November 2004
Arabic (262kb pdf file) | Chinese | English | Español | Français | Русский

Nonfinancial Public Sector Statistics - Consolidation, October 2008 Arabic (590kb pdf file) | Chinese | English | Español | Français | Русский

GFSM 2001 Framework and its Relationship with the European System of Accounts 1995, September 2004 (449kb pdf file)

Glossary of the GFSM 2001, October 2002 (190kb pdf file)

Glossary of English-Spanish terms for the GFSM 2001, December 2002 (240kb pdf file)

Other Documents

Supplement to the 2002 Government Finance Statistics Yearbook, January 2003 (5,366kb pdf file)
Illustrating the use of the GFSM 2001 framework for countries with different accounting systems.

Related Links

GFSM 2001 methodology  is related to other statistical and accounting methodologies. Information on developments in these areas can be obtained from the links below.

Task Force on Finance Statistics (TFFS)
Task Force on Harmonization of Public Sector Accounting
International Public Sector Accounting Standards Board
United Nations: System of National Accounts 2008
Eurostat: Government Finance Statistics
OECD: Budgeting and Public Expenditures