Rwanda - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Rwanda was 589,830,000,000 as of 2019. As the graph below shows, over the past 46 years this indicator reached a maximum value of 589,830,000,000 in 2019 and a minimum value of 623,000,000 in 1974.

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
1973 756,000,000
1974 623,000,000
1975 1,461,000,000
1976 1,430,000,000
1977 1,787,000,000
1978 801,000,000
1979 2,177,000,000
1980 3,997,000,000
1989 6,076,000,000
2014 132,845,000,000
2015 276,303,000,000
2016 350,099,000,000
2017 388,947,000,000
2018 434,076,000,000
2019 589,830,000,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Rwanda was 6.33 as of 2019. Its highest value over the past 46 years was 6.33 in 2019, while its lowest value was 0.99 in 1978.

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
1973 3.10
1974 2.17
1975 2.77
1976 2.31
1977 2.49
1978 0.99
1979 2.26
1980 3.70
1989 3.15
2014 2.36
2015 4.49
2016 5.12
2017 5.06
2018 5.23
2019 6.33

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance