Uruguay - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Uruguay was 29,771,580,000 as of 2019. As the graph below shows, over the past 47 years this indicator reached a maximum value of 74,066,940,000 in 2015 and a minimum value of -13,110,910,000 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
1972 7,000
1973 12,000
1974 201,000
1975 482,000
1976 558,000
1977 329,000
1978 490,000
1979 923,000
1980 1,846,000
1981 1,305,000
1982 9,570,000
1983 5,388,000
1984 28,063,000
1985 35,368,000
1986 25,541,000
1987 375,142,000
1988 285,825,000
1989 222,000,000
1990 220,000,000
1991 63,000,000
1992 615,000,000
1993 -723,000,000
1994 7,911,000,000
1999 879,000,000
2001 -13,110,910,000
2002 57,449,720,000
2003 5,476,896,000
2004 4,853,656,000
2005 16,637,770,000
2006 -6,534,994,000
2007 21,697,530,000
2008 1,238,221,000
2009 43,927,450,000
2010 -9,578,273,000
2011 37,672,830,000
2012 27,906,120,000
2013 15,511,610,000
2014 33,661,160,000
2015 74,066,940,000
2016 49,544,240,000
2017 43,576,910,000
2018 26,175,520,000
2019 29,771,580,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Uruguay was 1.38 as of 2019. Its highest value over the past 47 years was 22.58 in 1987, while its lowest value was -4.71 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
1972 0.60
1973 0.35
1974 4.47
1975 6.09
1976 4.61
1977 1.72
1978 1.66
1979 1.64
1980 2.00
1981 1.09
1982 7.53
1983 3.07
1984 10.35
1985 7.39
1986 2.87
1987 22.58
1988 9.71
1989 4.23
1990 2.02
1991 0.28
1992 1.58
1993 -1.22
1994 8.98
1999 0.32
2001 -4.71
2002 19.86
2003 1.61
2004 1.24
2005 3.91
2006 -1.39
2007 3.95
2008 0.19
2009 6.15
2010 -1.19
2011 4.07
2012 2.68
2013 1.32
2014 2.53
2015 5.09
2016 2.87
2017 2.37
2018 1.32
2019 1.38

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance