Honduras - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Honduras was 10,708,930,000 as of 2015. As the graph below shows, over the past 43 years this indicator reached a maximum value of 36,449,280,000 in 2013 and a minimum value of 12,300,000 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 53,900,000
1973 12,300,000
1974 34,900,000
1975 47,800,000
1976 76,900,000
2003 5,237,998,000
2004 4,933,916,000
2005 2,215,164,000
2006 4,076,093,000
2007 5,517,063,000
2008 3,854,585,000
2009 16,235,760,000
2010 8,771,670,000
2011 11,826,810,000
2012 23,816,260,000
2013 36,449,280,000
2014 14,200,020,000
2015 10,708,930,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Honduras was 2.33 as of 2015. Its highest value over the past 43 years was 9.68 in 2013, while its lowest value was 0.67 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.

See also:

Year Value
1972 3.36
1973 0.67
1974 1.69
1975 2.13
1976 2.85
2003 3.67
2004 3.05
2005 1.21
2006 1.98
2007 2.36
2008 1.47
2009 5.89
2010 2.93
2011 3.53
2012 6.59
2013 9.68
2014 3.42
2015 2.33

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance