Nauru - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
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 |
|---|---|
| 2014 | -12,665,310 |
| 2015 | 23,432,140 |
| 2016 | 2,212,233 |
| 2017 | 12,014,760 |
| 2018 | 499,994 |
Net incurrence of liabilities, total (% of GDP)
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 |
|---|---|
| 2014 | -11.11 |
| 2015 | 22.53 |
| 2016 | 1.61 |
| 2017 | 8.29 |
| 2018 | 0.31 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
