St. Vincent and the Grenadines - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in St. Vincent and the Grenadines was 65,994,620 as of 2009. As the graph below shows, over the past 9 years this indicator reached a maximum value of 231,380,300 in 2005 and a minimum value of 12,733,260 in 2001.

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 15,705,280
2001 12,733,260
2002 66,962,090
2003 56,623,060
2004 170,194,600
2005 231,380,300
2006 54,882,200
2007 39,290,540
2008 33,612,690
2009 65,994,620

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in St. Vincent and the Grenadines was 3.62 as of 2009. Its highest value over the past 9 years was 15.56 in 2005, while its lowest value was 1.10 in 2001.

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 1.47
2001 1.10
2002 5.37
2003 4.35
2004 12.08
2005 15.56
2006 3.33
2007 2.13
2008 1.79
2009 3.62

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance