Azerbaijan - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Azerbaijan was 0 as of 2019. As the graph below shows, over the past 11 years this indicator reached a maximum value of 705,500,000 in 2014 and a minimum value of -1,638,800,000 in 2018.
Definition: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 2008 | -6,300,000 |
| 2009 | -126,000,000 |
| 2010 | 53,200,000 |
| 2011 | -282,600,000 |
| 2012 | -76,300,000 |
| 2013 | -940,700,000 |
| 2014 | 705,500,000 |
| 2015 | -530,500,000 |
| 2016 | -710,800,000 |
| 2017 | -1,159,000,000 |
| 2018 | -1,638,800,000 |
| 2019 | 0 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Azerbaijan was 0.00 as of 2019. Its highest value over the past 11 years was 1.20 in 2014, while its lowest value was -2.05 in 2018.
Definition: Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 2008 | -0.02 |
| 2009 | -0.35 |
| 2010 | 0.13 |
| 2011 | -0.54 |
| 2012 | -0.14 |
| 2013 | -1.62 |
| 2014 | 1.20 |
| 2015 | -0.98 |
| 2016 | -1.18 |
| 2017 | -1.65 |
| 2018 | -2.05 |
| 2019 | 0.00 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
