Singapore - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Singapore was 43,201,320,000 as of 2016. As the graph below shows, over the past 44 years this indicator reached a maximum value of 43,201,320,000 in 2016 and a minimum value of -14,898,700,000 in 2013.

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
1972 531,000,000
1973 716,000,000
1974 972,000,000
1975 1,131,000,000
1976 1,884,000,000
1977 1,736,000,000
1978 1,776,000,000
1979 1,874,000,000
1980 2,595,000,000
1981 3,515,000,000
1982 3,788,000,000
1983 4,499,000,000
1984 3,384,000,000
1985 3,222,000,000
1986 1,523,000,000
1987 5,495,000,000
1988 2,627,000,000
1989 4,838,000,000
1990 8,591,000,000
1991 7,199,000,000
1992 7,103,000,000
1993 7,165,000,000
1994 3,147,000,000
1995 12,304,000,000
1996 10,680,000,000
1997 10,581,000,000
1998 26,093,000,000
1999 14,968,000,000
2000 12,736,000,000
2001 11,896,000,000
2002 10,321,000,000
2003 12,123,000,000
2004 16,781,000,000
2005 11,933,000,000
2006 8,962,000,000
2007 32,955,000,000
2008 20,422,000,000
2009 36,283,000,000
2010 31,330,700,000
2011 36,461,000,000
2012 29,456,700,000
2013 -14,898,700,000
2014 14,651,700,000
2015 40,114,800,000
2016 43,201,320,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Singapore was 10.53 as of 2016. Its highest value over the past 44 years was 18.19 in 1998, while its lowest value was -3.94 in 2013.

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
1972 6.40
1973 6.89
1974 7.58
1975 8.24
1976 12.56
1977 10.62
1978 9.69
1979 8.87
1980 10.03
1981 11.58
1982 11.15
1983 11.83
1984 8.11
1985 7.89
1986 3.73
1987 12.08
1988 4.92
1989 7.90
1990 12.18
1991 9.16
1992 8.36
1993 7.31
1994 2.79
1995 9.88
1996 7.86
1997 7.11
1998 18.19
1999 10.23
2000 7.71
2001 7.44
2002 6.27
2003 7.17
2004 8.69
2005 5.63
2006 3.82
2007 12.15
2008 7.51
2009 12.96
2010 9.72
2011 10.52
2012 8.15
2013 -3.94
2014 3.75
2015 9.83
2016 10.53

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance