New Zealand - 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
2002 497,228,000
2003 2,395,567,000
2004 -939,940,000
2005 1,666,700,000
2008 3,758,000,000

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
2002 0.37
2003 1.66
2004 -0.61
2005 1.02
2008 1.98

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance