Our new data on government assets released today [18 June 2019] shows that when governments know what they own, they can make better use of the assets for the well-being of all their citizens. We make these data free and publicly available for all to use because we believe transparency can help create better public policy.
The chart shows that advanced economies have larger balance sheets compared to emerging markets and low-income developing countries. This reflects the size of their public sectors, which generally provide more infrastructure and services. But advanced economies also have larger liabilities and, on average, lower net worth.
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