Singapore - Net incurrence of liabilities

Net incurrence of liabilities, domestic (current LCU)

The value for Net incurrence of liabilities, domestic (current LCU) in Singapore was 29,456,700,000 as of 2012. As the graph below shows, over the past 22 years this indicator reached a maximum value of 36,461,000,000 in 2011 and a minimum value of 3,152,000,000 in 1994.

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
1990 8,679,000,000
1991 7,224,000,000
1992 7,118,000,000
1993 7,179,000,000
1994 3,152,000,000
1995 12,309,000,000
1996 10,680,000,000
1997 10,581,000,000
1998 26,093,000,000
1999 14,968,000,000
2000 12,736,000,000
2001 11,896,000,000
2002 10,321,000,000
2003 12,123,000,000
2004 16,781,000,000
2005 11,933,000,000
2006 8,962,000,000
2007 32,955,000,000
2008 20,422,000,000
2009 36,283,000,000
2010 31,330,700,000
2011 36,461,000,000
2012 29,456,700,000

Net incurrence of liabilities, domestic (% of GDP)

Net incurrence of liabilities, domestic (% of GDP) in Singapore was 8.13 as of 2012. Its highest value over the past 22 years was 18.19 in 1998, while its lowest value was 2.80 in 1994.

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
1990 12.31
1991 9.20
1992 8.38
1993 7.33
1994 2.80
1995 9.88
1996 7.86
1997 7.11
1998 18.19
1999 10.23
2000 7.71
2001 7.44
2002 6.27
2003 7.17
2004 8.69
2005 5.63
2006 3.82
2007 12.15
2008 7.51
2009 12.96
2010 9.72
2011 10.53
2012 8.13

Net incurrence of liabilities, foreign (current LCU)

The value for Net incurrence of liabilities, foreign (current LCU) in Singapore was -5,000,000 as of 1995. As the graph below shows, over the past 5 years this indicator reached a maximum value of -5,000,000 in 1995 and a minimum value of -88,000,000 in 1990.

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
1990 -88,000,000
1991 -25,000,000
1992 -15,000,000
1993 -14,000,000
1994 -5,000,000
1995 -5,000,000

Net incurrence of liabilities, foreign (% of GDP)

Net incurrence of liabilities, foreign (% of GDP) in Singapore was -0.004 as of 1995. Its highest value over the past 5 years was -0.004 in 1995, while its lowest value was -0.125 in 1990.

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
1990 -0.125
1991 -0.032
1992 -0.018
1993 -0.014
1994 -0.004
1995 -0.004

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance