Luxembourg - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Luxembourg was -187,283,600 as of 1994. As the graph below shows, over the past 14 years this indicator reached a maximum value of 39,489,440 in 1991 and a minimum value of -229,128,000 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 |
|---|---|
| 1980 | -65,493,470 |
| 1981 | -38,572,230 |
| 1982 | -20,748,690 |
| 1983 | -5,404,079 |
| 1984 | -27,268,290 |
| 1985 | -96,728,060 |
| 1986 | -162,568,600 |
| 1987 | -178,731,200 |
| 1988 | -193,927,100 |
| 1989 | -212,147,300 |
| 1990 | -229,128,000 |
| 1991 | 39,489,440 |
| 1994 | -187,283,600 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Luxembourg was -1.276 as of 1994. Its highest value over the past 14 years was 0.337 in 1991, while its lowest value was -2.321 in 1987.
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 |
|---|---|
| 1980 | -1.501 |
| 1981 | -0.829 |
| 1982 | -0.398 |
| 1983 | -0.094 |
| 1984 | -0.429 |
| 1985 | -1.436 |
| 1986 | -2.196 |
| 1987 | -2.321 |
| 1988 | -2.259 |
| 1989 | -2.164 |
| 1990 | -2.164 |
| 1991 | 0.337 |
| 1994 | -1.276 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
