Seychelles - Net incurrence of liabilities

Net incurrence of liabilities, domestic (current LCU)

The value for Net incurrence of liabilities, domestic (current LCU) in Seychelles was 1,924,285,000.00 as of 2010. As the graph below shows, over the past 17 years this indicator reached a maximum value of 1,924,285,000.00 in 2010 and a minimum value of -1,319,100,000.00 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
1993 163,400,000.00
1994 312,600,000.00
1995 -82,400,000.00
1996 402,500,000.00
1997 -322,700,000.00
1998 765,400,000.00
2000 23,200,000.00
2001 214,600,000.00
2002 656,000,000.00
2003 -1,319,100,000.00
2004 -1,176,300,000.00
2005 -392,966,600.00
2006 -516,160,000.00
2007 -327,767,500.00
2008 -27,000,000.00
2009 -621,405,200.00
2010 1,924,285,000.00

Net incurrence of liabilities, domestic (% of GDP)

Net incurrence of liabilities, domestic (% of GDP) in Seychelles was 17.02 as of 2010. Its highest value over the past 17 years was 23.91 in 1998, while its lowest value was -34.61 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
1993 6.65
1994 12.71
1995 -3.40
1996 16.10
1997 -11.40
1998 23.91
2000 0.66
2001 5.89
2002 17.16
2003 -34.61
2004 -30.56
2005 -8.08
2006 -9.66
2007 -4.80
2008 -0.31
2009 -5.79
2010 17.02

Net incurrence of liabilities, foreign (current LCU)

The value for Net incurrence of liabilities, foreign (current LCU) in Seychelles was -178,523,800.00 as of 2010. As the graph below shows, over the past 17 years this indicator reached a maximum value of 878,460,000.00 in 2006 and a minimum value of -322,500,000.00 in 2002.

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
1993 4,700,000.00
1994 -11,100,000.00
1995 -44,700,000.00
1996 44,500,000.00
1997 19,100,000.00
1998 -27,800,000.00
1999 -17,000,000.00
2000 460,600,000.00
2001 -61,100,000.00
2002 -322,500,000.00
2003 13,900,000.00
2004 -9,700,000.00
2005 141,617,200.00
2006 878,460,000.00
2007 724,801,600.00
2008 -82,080,740.00
2009 -284,562,300.00
2010 -178,523,800.00

Net incurrence of liabilities, foreign (% of GDP)

Net incurrence of liabilities, foreign (% of GDP) in Seychelles was -1.58 as of 2010. Its highest value over the past 17 years was 16.44 in 2006, while its lowest value was -8.44 in 2002.

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
1993 0.19
1994 -0.45
1995 -1.85
1996 1.78
1997 0.68
1998 -0.87
1999 -0.51
2000 13.11
2001 -1.68
2002 -8.44
2003 0.36
2004 -0.25
2005 2.91
2006 16.44
2007 10.62
2008 -0.94
2009 -2.65
2010 -1.58

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance