Germany - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Germany was 33,254,420,000 as of 1990. As the graph below shows, over the past 15 years this indicator reached a maximum value of 33,254,420,000 in 1990 and a minimum value of 8,380,074,000 in 1989.

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
1975 18,554,780,000
1976 10,215,610,000
1977 10,496,820,000
1978 13,457,200,000
1979 13,891,800,000
1980 14,321,290,000
1981 20,768,680,000
1982 18,728,620,000
1983 16,269,310,000
1984 14,331,510,000
1985 12,010,250,000
1986 11,360,910,000
1987 14,300,830,000
1988 17,741,830,000
1989 8,380,074,000
1990 33,254,420,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Germany was 2.27 as of 1990. Its highest value over the past 15 years was 3.01 in 1975, while its lowest value was 0.62 in 1989.

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
1975 3.01
1976 1.53
1977 1.47
1978 1.77
1979 1.68
1980 1.62
1981 2.25
1982 1.94
1983 1.62
1984 1.36
1985 1.09
1986 0.98
1987 1.20
1988 1.41
1989 0.62
1990 2.27

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance