Togo - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Togo was -5,643,350,000 as of 2019. As the graph below shows, over the past 13 years this indicator reached a maximum value of 190,833,000,000 in 2016 and a minimum value of -12,154,360,000 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 |
|---|---|
| 2006 | 36,838,060,000 |
| 2007 | -11,082,040,000 |
| 2008 | 34,752,000,000 |
| 2009 | 25,379,770,000 |
| 2010 | -12,154,360,000 |
| 2011 | 54,510,000,000 |
| 2012 | 120,904,000,000 |
| 2013 | 25,718,290,000 |
| 2014 | 75,679,290,000 |
| 2015 | 164,300,000,000 |
| 2016 | 190,833,000,000 |
| 2017 | -1,852,194,000 |
| 2018 | 26,392,000,000 |
| 2019 | -5,643,350,000 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Togo was -0.13 as of 2019. Its highest value over the past 13 years was 6.65 in 2015, while its lowest value was -0.87 in 2007.
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 |
|---|---|
| 2006 | 3.00 |
| 2007 | -0.87 |
| 2008 | 2.34 |
| 2009 | 1.60 |
| 2010 | -0.72 |
| 2011 | 2.99 |
| 2012 | 6.11 |
| 2013 | 1.20 |
| 2014 | 3.35 |
| 2015 | 6.65 |
| 2016 | 5.34 |
| 2017 | -0.05 |
| 2018 | 0.67 |
| 2019 | -0.13 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
