Saudi Arabia - 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
2016 174,320,000,000
2017 126,673,000,000
2018 111,977,000,000
2019 117,845,000,000

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
2016 7.21
2017 4.91
2018 3.80
2019 3.96

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance