Net incurrence of liabilities, foreign (current LCU)
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.
Description: The map below shows how Net incurrence of liabilities, foreign (current LCU) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is Belarus, with a value of 4,628,210,000,000.00. The country with the lowest value in the world is Korea, with a value of -804,586,000,000.00.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.