Timor-Leste - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Timor-Leste was 48,510,590.00 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 48,510,590.00 in 2019 and a minimum value of 0.00 in 2010.
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 |
|---|---|
| 2010 | 0.00 |
| 2011 | 0.00 |
| 2012 | 0.00 |
| 2013 | 0.00 |
| 2014 | 3,000,000.00 |
| 2015 | 0.00 |
| 2016 | 31,647,850.00 |
| 2017 | 32,095,670.00 |
| 2018 | 40,595,100.00 |
| 2019 | 48,510,590.00 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Timor-Leste was 2.37 as of 2019. Its highest value over the past 9 years was 2.56 in 2018, while its lowest value was 0.00 in 2010.
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 |
|---|---|
| 2010 | 0.00 |
| 2011 | 0.00 |
| 2012 | 0.00 |
| 2013 | 0.00 |
| 2014 | 0.21 |
| 2015 | 0.00 |
| 2016 | 1.92 |
| 2017 | 1.99 |
| 2018 | 2.56 |
| 2019 | 2.37 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
