Hungary - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Hungary was 896,292,000,000 as of 2019. As the graph below shows, over the past 38 years this indicator reached a maximum value of 2,833,830,000,000 in 2011 and a minimum value of -5,800,000,000 in 1990.

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
1981 16,300,000,000
1982 17,800,000,000
1983 7,600,000,000
1984 -3,100,000,000
1985 100,000,000
1986 31,200,000,000
1988 4,400,000,000
1989 32,000,000,000
1990 -5,800,000,000
1991 205,100,000,000
1992 119,000,000,000
1993 323,500,000,000
1994 254,400,000,000
1995 919,869,000,000
1996 256,454,000,000
1997 229,106,000,000
1998 551,084,000,000
1999 556,953,000,000
2000 109,309,000,000
2001 1,025,370,000,000
2002 1,360,090,000,000
2003 1,269,440,000,000
2004 1,692,890,000,000
2005 1,197,660,000,000
2006 1,935,730,000,000
2007 1,133,500,000,000
2008 2,243,250,000,000
2009 998,850,000,000
2010 646,698,000,000
2011 2,833,830,000,000
2012 478,049,000,000
2013 1,123,660,000,000
2014 1,628,390,000,000
2015 892,859,000,000
2016 1,019,040,000,000
2017 1,220,810,000,000
2018 1,760,790,000,000
2019 896,292,000,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Hungary was 1.89 as of 2019. Its highest value over the past 28 years was 15.76 in 1995, while its lowest value was 0.82 in 2000.

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
1991 7.90
1992 3.89
1993 8.77
1994 5.61
1995 15.76
1996 3.60
1997 2.59
1998 5.28
1999 4.79
2000 0.82
2001 6.66
2002 7.80
2003 6.63
2004 8.02
2005 5.30
2006 7.95
2007 4.40
2008 8.23
2009 3.77
2010 2.35
2011 9.93
2012 1.65
2013 3.70
2014 4.96
2015 2.55
2016 2.81
2017 3.11
2018 4.06
2019 1.89

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance