St. Kitts and Nevis - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in St. Kitts and Nevis was 41,757,780 as of 2010. As the graph below shows, over the past 10 years this indicator reached a maximum value of 231,381,200 in 2005 and a minimum value of -5,992,434 in 2008.

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
2000 126,500,000
2001 139,900,000
2002 66,962,090
2003 56,739,470
2004 170,194,600
2005 231,381,200
2006 54,882,040
2007 39,149,120
2008 -5,992,434
2009 68,595,380
2010 41,757,780

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in St. Kitts and Nevis was 2.03 as of 2010. Its highest value over the past 10 years was 15.66 in 2005, while its lowest value was -0.30 in 2008.

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
2000 11.12
2001 11.31
2002 5.16
2003 4.48
2004 12.44
2005 15.66
2006 3.15
2007 2.10
2008 -0.30
2009 3.40
2010 2.03

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance