Ethiopia - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Ethiopia was 105,322,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 105,322,000,000 in 2019 and a minimum value of 823,500,000 in 1997.

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
1990 1,762,100,000
1991 1,612,400,000
1992 1,461,200,000
1993 1,827,600,000
1994 2,614,900,000
1995 2,125,300,000
1996 1,545,200,000
1997 823,500,000
1998 1,641,800,000
1999 2,430,400,000
2001 2,880,500,000
2002 5,002,700,000
2003 4,019,800,000
2004 4,227,500,000
2005 5,713,300,000
2006 29,856,800,000
2007 36,105,500,000
2008 40,850,600,000
2009 49,378,500,000
2010 51,199,900,000
2011 62,382,960,000
2012 66,319,000,000
2013 37,991,680,000
2014 46,298,910,000
2015 54,935,300,000
2016 77,638,820,000
2017 77,578,290,000
2018 103,167,000,000
2019 105,322,000,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Ethiopia was 3.91 as of 2019. Its highest value over the past 29 years was 22.51 in 2006, while its lowest value was 1.48 in 1997.

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
1990 6.99
1991 5.79
1992 4.97
1993 4.84
1994 6.53
1995 4.43
1996 2.86
1997 1.48
1998 3.05
1999 4.20
2001 4.20
2002 7.46
2003 5.43
2004 4.84
2005 5.33
2006 22.51
2007 20.83
2008 16.33
2009 14.61
2010 13.27
2011 12.11
2012 8.87
2013 4.38
2014 4.36
2015 4.23
2016 4.95
2017 4.23
2018 4.69
2019 3.91

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance