Hungary - Net incurrence of liabilities
Net incurrence of liabilities, domestic (current LCU)
The value for Net incurrence of liabilities, domestic (current LCU) in Hungary was -493,638,000,000.00 as of 2009. As the graph below shows, over the past 14 years this indicator reached a maximum value of 951,888,000,000.00 in 1995 and a minimum value of -493,638,000,000.00 in 2009.
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 (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 1995 | 951,888,000,000.00 |
| 1996 | 266,860,000,000.00 |
| 1997 | 233,675,000,000.00 |
| 1998 | 410,860,000,000.00 |
| 1999 | -310,169,000,000.00 |
| 2000 | -222,585,000,000.00 |
| 2001 | 405,354,000,000.00 |
| 2002 | 587,503,000,000.00 |
| 2003 | 504,517,000,000.00 |
| 2004 | 529,124,000,000.00 |
| 2005 | 327,483,000,000.00 |
| 2006 | 539,120,000,000.00 |
| 2007 | -197,483,000,000.00 |
| 2008 | 620,287,000,000.00 |
| 2009 | -493,638,000,000.00 |
Net incurrence of liabilities, domestic (% of GDP)
Net incurrence of liabilities, domestic (% of GDP) in Hungary was -1.93 as of 2009. Its highest value over the past 14 years was 16.62 in 1995, while its lowest value was -2.71 in 1999.
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 (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1995 | 16.62 |
| 1996 | 3.81 |
| 1997 | 2.69 |
| 1998 | 4.00 |
| 1999 | -2.71 |
| 2000 | -1.70 |
| 2001 | 2.68 |
| 2002 | 3.43 |
| 2003 | 2.69 |
| 2004 | 2.56 |
| 2005 | 1.49 |
| 2006 | 2.28 |
| 2007 | -0.79 |
| 2008 | 2.34 |
| 2009 | -1.93 |
Net incurrence of liabilities, foreign (current LCU)
The value for Net incurrence of liabilities, foreign (current LCU) in Hungary was 1,524,650,000,000.00 as of 2009. As the graph below shows, over the past 14 years this indicator reached a maximum value of 1,619,850,000,000.00 in 2008 and a minimum value of -45,293,000,000.00 in 1996.
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 (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 1995 | 10,866,000,000.00 |
| 1996 | -45,293,000,000.00 |
| 1997 | 6,918,000,000.00 |
| 1998 | 165,850,000,000.00 |
| 1999 | 799,579,000,000.00 |
| 2000 | 371,103,000,000.00 |
| 2001 | 562,931,000,000.00 |
| 2002 | 848,273,000,000.00 |
| 2003 | 1,010,120,000,000.00 |
| 2004 | 1,194,110,000,000.00 |
| 2005 | 917,318,000,000.00 |
| 2006 | 1,015,310,000,000.00 |
| 2007 | 1,159,910,000,000.00 |
| 2008 | 1,619,850,000,000.00 |
| 2009 | 1,524,650,000,000.00 |
Net incurrence of liabilities, foreign (% of GDP)
Net incurrence of liabilities, foreign (% of GDP) in Hungary was 5.95 as of 2009. Its highest value over the past 14 years was 6.99 in 1999, while its lowest value was -0.65 in 1996.
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 (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1995 | 0.19 |
| 1996 | -0.65 |
| 1997 | 0.08 |
| 1998 | 1.61 |
| 1999 | 6.99 |
| 2000 | 2.84 |
| 2001 | 3.73 |
| 2002 | 4.96 |
| 2003 | 5.39 |
| 2004 | 5.78 |
| 2005 | 4.17 |
| 2006 | 4.29 |
| 2007 | 4.64 |
| 2008 | 6.10 |
| 2009 | 5.95 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
