South Asia - Net incurrence of liabilities
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in South Asia was 3.16 as of 2018. Its highest value over the past 44 years was 8.73 in 1986, while its lowest value was 2.27 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 |
|---|---|
| 1974 | 3.05 |
| 1975 | 4.32 |
| 1976 | 3.50 |
| 1977 | 5.97 |
| 1978 | 2.27 |
| 1979 | 5.26 |
| 1980 | 6.15 |
| 1981 | 4.78 |
| 1982 | 7.49 |
| 1983 | 4.37 |
| 1984 | 6.94 |
| 1985 | 7.82 |
| 1986 | 8.73 |
| 1987 | 7.66 |
| 1988 | 7.61 |
| 1989 | 7.34 |
| 1990 | 7.67 |
| 1991 | 5.60 |
| 1992 | 5.14 |
| 1993 | 6.98 |
| 1994 | 5.54 |
| 1995 | 5.22 |
| 1996 | 4.87 |
| 1997 | 4.84 |
| 1998 | 5.24 |
| 1999 | 5.33 |
| 2000 | 5.48 |
| 2001 | 5.95 |
| 2002 | 4.91 |
| 2003 | 2.94 |
| 2004 | 4.95 |
| 2005 | 4.24 |
| 2006 | 2.62 |
| 2007 | 2.43 |
| 2008 | 4.64 |
| 2009 | 6.01 |
| 2010 | 4.32 |
| 2011 | 5.45 |
| 2012 | 4.70 |
| 2013 | 4.47 |
| 2014 | 3.79 |
| 2015 | 3.79 |
| 2016 | 3.27 |
| 2017 | 3.47 |
| 2018 | 3.16 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
