Ghana - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Ghana was 16,891,840,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 19,655,550,000 in 2015 and a minimum value of 77,340,730 in 2005.

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
2003 194,591,600
2004 152,786,000
2005 77,340,730
2006 804,385,500
2007 1,040,408,000
2008 1,905,318,000
2009 1,997,516,000
2010 2,906,381,000
2011 2,272,319,000
2012 8,715,440,000
2013 9,454,648,000
2014 10,636,290,000
2015 19,655,550,000
2016 13,922,480,000
2017 12,244,730,000
2018 11,672,750,000
2019 16,891,840,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Ghana was 4.74 as of 2019. Its highest value over the past 16 years was 11.57 in 2012, while its lowest value was 0.80 in 2005.

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
2003 2.94
2004 1.91
2005 0.80
2006 4.30
2007 4.49
2008 6.31
2009 5.46
2010 6.31
2011 3.80
2012 11.57
2013 7.60
2014 6.70
2015 10.71
2016 6.34
2017 4.66
2018 3.78
2019 4.74

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance