France - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in France was 49,805,090,000 as of 1994. As the graph below shows, over the past 22 years this indicator reached a maximum value of 70,172,280,000 in 1993 and a minimum value of -807,979,800 in 1974.

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 228,673,500
1973 137,204,100
1974 -807,979,800
1975 6,982,165,000
1976 3,018,491,000
1977 5,442,430,000
1978 8,521,900,000
1979 6,158,940,000
1980 4,786,899,000
1981 12,775,230,000
1982 28,172,580,000
1983 18,278,640,000
1984 24,468,070,000
1985 25,047,370,000
1986 20,656,840,000
1987 19,575,370,000
1988 12,762,270,000
1989 23,149,080,000
1990 23,278,960,000
1991 12,912,430,000
1992 50,125,240,000
1993 70,172,280,000
1994 49,805,090,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in France was 4.22 as of 1994. Its highest value over the past 22 years was 6.14 in 1993, while its lowest value was -0.39 in 1974.

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
1972 0.15
1973 0.08
1974 -0.39
1975 2.96
1976 1.11
1977 1.77
1978 2.44
1979 1.55
1980 1.06
1981 2.51
1982 4.81
1983 2.81
1984 3.46
1985 3.31
1986 2.54
1987 2.29
1988 1.38
1989 2.32
1990 2.21
1991 1.18
1992 4.43
1993 6.14
1994 4.22

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance