Cyprus - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Cyprus was 122,027,500 as of 1994. As the graph below shows, over the past 22 years this indicator reached a maximum value of 608,969,900 in 1991 and a minimum value of -4,835,342 in 1973.
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 |
|---|---|
| 1972 | 11,464,720 |
| 1973 | -4,835,342 |
| 1974 | 6,526,858 |
| 1975 | 12,643,650 |
| 1976 | 43,313,050 |
| 1977 | 17,393,560 |
| 1978 | 63,782,090 |
| 1979 | 70,172,260 |
| 1980 | 124,779,200 |
| 1981 | 95,750,020 |
| 1982 | 121,977,100 |
| 1983 | 175,234,200 |
| 1984 | 137,713,300 |
| 1985 | 166,691,200 |
| 1986 | 113,946,600 |
| 1987 | 197,531,400 |
| 1988 | 228,269,200 |
| 1989 | 179,967,000 |
| 1990 | 426,746,000 |
| 1991 | 608,969,900 |
| 1992 | 567,515,600 |
| 1993 | 375,774,700 |
| 1994 | 122,027,500 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Cyprus was 1.96 as of 1994. Its highest value over the past 19 years was 13.33 in 1991, while its lowest value was 1.96 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.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1975 | 2.88 |
| 1976 | 7.59 |
| 1977 | 2.41 |
| 1978 | 7.37 |
| 1979 | 6.52 |
| 1980 | 9.61 |
| 1981 | 6.40 |
| 1982 | 6.97 |
| 1983 | 9.02 |
| 1984 | 6.03 |
| 1985 | 6.58 |
| 1986 | 4.17 |
| 1987 | 6.49 |
| 1988 | 6.69 |
| 1989 | 4.67 |
| 1990 | 9.77 |
| 1991 | 13.33 |
| 1992 | 10.70 |
| 1993 | 6.72 |
| 1994 | 1.96 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
