Mongolia - Net incurrence of liabilities

Net incurrence of liabilities, domestic (current LCU)

The value for Net incurrence of liabilities, domestic (current LCU) in Mongolia was 97,383,300,000.00 as of 2010. As the graph below shows, over the past 18 years this indicator reached a maximum value of 519,313,000,000.00 in 2009 and a minimum value of -26,252,630,000.00 in 2008.

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
1992 166,000,000.00
1995 8,826,000,000.00
1996 13,111,000,000.00
1998 2,927,000,000.00
1999 1,204,000,000.00
2000 16,007,000,000.00
2001 -14,593,000,000.00
2002 -15,671,990,000.00
2003 164,894,000,000.00
2006 99,101,560,000.00
2007 18,617,350,000.00
2008 -26,252,630,000.00
2009 519,313,000,000.00
2010 97,383,300,000.00

Net incurrence of liabilities, domestic (% of GDP)

Net incurrence of liabilities, domestic (% of GDP) in Mongolia was 1.16 as of 2010. Its highest value over the past 18 years was 9.02 in 2003, while its lowest value was -1.05 in 2001.

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
1992 0.30
1995 1.35
1996 1.78
1998 0.31
1999 0.11
2000 1.31
2001 -1.05
2002 -1.01
2003 9.02
2006 2.46
2007 0.38
2008 -0.40
2009 7.88
2010 1.16

Net incurrence of liabilities, foreign (current LCU)

The value for Net incurrence of liabilities, foreign (current LCU) in Mongolia was -74,080,430,000.00 as of 2010. As the graph below shows, over the past 18 years this indicator reached a maximum value of 313,787,000,000.00 in 2009 and a minimum value of -99,761,310,000.00 in 2003.

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
1992 3,310,000,000.00
1993 26,470,000,000.00
1994 8,816,000,000.00
1995 7,294,000,000.00
1996 34,875,000,000.00
1997 48,914,000,000.00
1998 61,084,000,000.00
1999 105,836,000,000.00
2000 53,222,000,000.00
2001 69,611,000,000.00
2002 82,223,210,000.00
2003 -99,761,310,000.00
2006 103,570,000,000.00
2007 289,044,000,000.00
2008 43,042,420,000.00
2009 313,787,000,000.00
2010 -74,080,430,000.00

Net incurrence of liabilities, foreign (% of GDP)

Net incurrence of liabilities, foreign (% of GDP) in Mongolia was -0.88 as of 2010. Its highest value over the past 18 years was 11.63 in 1993, while its lowest value was -5.45 in 2003.

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
1992 5.90
1993 11.63
1994 2.31
1995 1.12
1996 4.73
1997 5.24
1998 6.46
1999 9.79
2000 4.35
2001 5.00
2002 5.30
2003 -5.45
2006 2.57
2007 5.83
2008 0.66
2009 4.76
2010 -0.88

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance