Congo - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Congo was -618,200,000,000 as of 2018. As the graph below shows, over the past 14 years this indicator reached a maximum value of 787,200,000,000 in 2015 and a minimum value of -1,430,040,000,000 in 2010.

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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2004 203,968,000,000
2005 183,546,000,000
2006 -292,727,000,000
2007 -421,720,000,000
2008 -746,674,000,000
2009 -232,642,000,000
2010 -1,430,040,000,000
2011 -6,200,000,000
2012 513,300,000,000
2013 210,100,000,000
2014 439,400,000,000
2015 787,200,000,000
2016 701,476,000,000
2017 166,700,000,000
2018 -618,200,000,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Congo was -8.14 as of 2018. Its highest value over the past 14 years was 11.58 in 2016, while its lowest value was -21.98 in 2010.

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.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

See also:

Year Value
2004 8.31
2005 5.23
2006 -6.94
2007 -10.03
2008 -14.37
2009 -5.09
2010 -21.98
2011 -0.08
2012 5.68
2013 2.37
2014 4.97
2015 11.20
2016 11.58
2017 2.59
2018 -8.14

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance