Namibia - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Namibia was -9,269,125,000 as of 2019. As the graph below shows, over the past 19 years this indicator reached a maximum value of 12,054,380,000 in 2017 and a minimum value of -9,269,125,000 in 2019.
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 |
|---|---|
| 2000 | 456,840,000 |
| 2001 | 1,673,539,000 |
| 2002 | 866,460,000 |
| 2003 | 1,788,279,000 |
| 2004 | 852,636,000 |
| 2005 | 575,708,000 |
| 2006 | -423,518,000 |
| 2007 | -553,712,000 |
| 2008 | 830,084,900 |
| 2009 | -674,197,400 |
| 2010 | 1,745,187,000 |
| 2011 | 6,932,150,000 |
| 2012 | -436,334,600 |
| 2013 | 3,496,567,000 |
| 2014 | 4,669,550,000 |
| 2016 | 7,590,317,000 |
| 2017 | 12,054,380,000 |
| 2018 | 9,916,207,000 |
| 2019 | -9,269,125,000 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Namibia was -5.13 as of 2019. Its highest value over the past 19 years was 7.58 in 2011, while its lowest value was -5.13 in 2019.
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 |
|---|---|
| 2000 | 1.68 |
| 2001 | 5.46 |
| 2002 | 2.45 |
| 2003 | 4.80 |
| 2004 | 2.00 |
| 2005 | 1.25 |
| 2006 | -0.78 |
| 2007 | -0.89 |
| 2008 | 1.17 |
| 2009 | -0.88 |
| 2010 | 2.08 |
| 2011 | 7.58 |
| 2012 | -0.41 |
| 2013 | 2.98 |
| 2014 | 3.46 |
| 2016 | 4.81 |
| 2017 | 7.03 |
| 2018 | 5.48 |
| 2019 | -5.13 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
