Marshall Islands - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Marshall Islands was -465,000 as of 2019. As the graph below shows, over the past 11 years this indicator reached a maximum value of 2,390,143 in 2008 and a minimum value of -14,864,890 in 2011.
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 |
|---|---|
| 2008 | 2,390,143 |
| 2009 | 1,739,741 |
| 2010 | 620,581 |
| 2011 | -14,864,890 |
| 2012 | -4,504,348 |
| 2013 | 798,119 |
| 2014 | -3,840,701 |
| 2015 | -2,889,682 |
| 2016 | -1,988,545 |
| 2017 | 674,859 |
| 2018 | -5,613,000 |
| 2019 | -465,000 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Marshall Islands was -0.19 as of 2019. Its highest value over the past 11 years was 1.57 in 2008, while its lowest value was -8.63 in 2011.
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 |
|---|---|
| 2008 | 1.57 |
| 2009 | 1.16 |
| 2010 | 0.39 |
| 2011 | -8.63 |
| 2012 | -2.50 |
| 2013 | 0.43 |
| 2014 | -2.11 |
| 2015 | -1.57 |
| 2016 | -0.99 |
| 2017 | 0.32 |
| 2018 | -2.53 |
| 2019 | -0.19 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
