Headline support for the financial sector and upfront financing need, in per cent of GDP
Capital injection (A)
Purchase of assets and lending by treasury (B)
Central bank support provided with treasury backing (C)
Liquidity provision and other support by central bank (D)
Guarantees (E)
Total (A+B+ C+D+E)
Upfront government financing
1
2
3
4
5
6
7
8
OECD members
Australia
0
0.7
n.a.
Austria
5.3
30
35.3
Belgium
4.7
26.2
30.9
Canada
8.8
1.6
11.7
22
France
1.2
1.3
16.4
19
1.5
Germany
3.7
0.4
17.6
21.7
Greece
2.1
3.3
6.2
11.6
5.4
Hungary
1.1
Ireland
257
263
Italy
2.5
3.8
Japan
2.4
6.7
3.9
12.9
0.2
Netherlands
3.4
2.8
33.7
39.8
Norway
13.8
Poland
3.2
3.6
Portugal
12
14.4
South Korea
10.6
14.3
Spain
4.6
18.3
22.8
Sweden
15.3
47.3
70
5.8
Switzerland
10.9
12.1
Turkey
United Kingdom
3.5
17.4
47.5
19.8
United States
31.3
73.7
6.3
Non-OECD G20 members
Argentina
0.9
Brazil
China
0.5
India
5.6
Indonesia
0.1
Russia
2.9
7.1
0.6
Saudi Arabia
8.2
9.4
G20 average
1.9
9.3
12.4
27.9
Source: Wehinger, Gert (2009): The Turmoil and the Financial Industry: Developments and Policy Responses, OECD.