Madagascar - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Madagascar was 676,210,000,000 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 945,996,000,000 in 2017 and a minimum value of 38,483,000,000 in 2013.

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 346,360,000,000
2004 459,885,000,000
2005 522,800,000,000
2006 450,000,000,000
2007 406,869,000,000
2008 552,802,000,000
2009 198,325,000,000
2010 416,277,000,000
2011 214,498,000,000
2012 272,171,000,000
2013 38,483,000,000
2014 774,415,000,000
2015 798,629,000,000
2016 579,296,000,000
2017 945,996,000,000
2018 786,262,000,000
2019 676,210,000,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Madagascar was 1.32 as of 2019. Its highest value over the past 16 years was 4.86 in 2004, while its lowest value was 0.14 in 2013.

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 4.39
2004 4.86
2005 4.45
2006 3.28
2007 2.55
2008 3.02
2009 1.05
2010 2.00
2011 0.92
2012 1.07
2013 0.14
2014 2.56
2015 2.40
2016 1.54
2017 2.30
2018 1.71
2019 1.32

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance