Sri Lanka - Net incurrence of liabilities

Net incurrence of liabilities, domestic (current LCU)

The value for Net incurrence of liabilities, domestic (current LCU) in Sri Lanka was 302,626,000,000 as of 2008. As the graph below shows, over the past 18 years this indicator reached a maximum value of 302,626,000,000 in 2008 and a minimum value of 9,627,000,000 in 1992.

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 18,213,000,000
1991 20,207,000,000
1992 9,627,000,000
1993 18,594,000,000
1994 41,694,000,000
1995 34,393,000,000
1996 51,249,000,000
1997 34,069,000,000
1998 66,260,000,000
1999 75,252,000,000
2000 119,680,000,000
2001 137,891,000,000
2002 110,455,000,000
2003 81,929,000,000
2004 120,558,000,000
2005 131,262,000,000
2006 170,623,000,000
2007 150,523,000,000
2008 302,626,000,000

Net incurrence of liabilities, domestic (% of GDP)

Net incurrence of liabilities, domestic (% of GDP) in Sri Lanka was 6.86 as of 2008. Its highest value over the past 18 years was 9.80 in 2001, while its lowest value was 2.26 in 1992.

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 5.66
1991 5.43
1992 2.26
1993 3.72
1994 7.20
1995 5.15
1996 6.67
1997 3.83
1998 6.51
1999 6.80
2000 9.52
2001 9.80
2002 6.75
2003 4.50
2004 5.77
2005 5.35
2006 5.81
2007 4.21
2008 6.86

Net incurrence of liabilities, foreign (current LCU)

The value for Net incurrence of liabilities, foreign (current LCU) in Sri Lanka was -4,643,000,000.00 as of 2008. As the graph below shows, over the past 18 years this indicator reached a maximum value of 100,908,000,000.00 in 2007 and a minimum value of -4,643,000,000.00 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
1990 11,644,000,000.00
1991 19,329,000,000.00
1992 7,361,000,000.00
1993 9,855,000,000.00
1994 11,778,000,000.00
1995 21,224,000,000.00
1996 10,160,000,000.00
1997 9,958,000,000.00
1998 10,196,000,000.00
1999 1,484,000,000.00
2000 495,000,000.00
2001 14,538,000,000.00
2002 1,978,000,000.00
2003 43,066,000,000.00
2004 37,071,000,000.00
2005 47,773,000,000.00
2006 41,939,000,000.00
2007 100,908,000,000.00
2008 -4,643,000,000.00

Net incurrence of liabilities, foreign (% of GDP)

Net incurrence of liabilities, foreign (% of GDP) in Sri Lanka was -0.11 as of 2008. Its highest value over the past 18 years was 5.19 in 1991, while its lowest value was -0.11 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, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 3.62
1991 5.19
1992 1.73
1993 1.97
1994 2.03
1995 3.18
1996 1.32
1997 1.12
1998 1.00
1999 0.13
2000 0.04
2001 1.03
2002 0.12
2003 2.36
2004 1.77
2005 1.95
2006 1.43
2007 2.82
2008 -0.11

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance