United Arab Emirates - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in United Arab Emirates was -20,398,250,000 as of 2019. As the graph below shows, over the past 8 years this indicator reached a maximum value of 12,523,050,000 in 2015 and a minimum value of -31,400,940,000 in 2013.
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 |
|---|---|
| 2011 | -4,287,216,000 |
| 2012 | -15,488,310,000 |
| 2013 | -31,400,940,000 |
| 2014 | 35,960,140 |
| 2015 | 12,523,050,000 |
| 2016 | 10,710,880,000 |
| 2017 | 5,983,337,000 |
| 2018 | 363,804,700 |
| 2019 | -20,398,250,000 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in United Arab Emirates was -1.331 as of 2019. Its highest value over the past 8 years was 0.952 in 2015, while its lowest value was -2.192 in 2013.
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 |
|---|---|
| 2011 | -0.333 |
| 2012 | -1.126 |
| 2013 | -2.192 |
| 2014 | 0.002 |
| 2015 | 0.952 |
| 2016 | 0.817 |
| 2017 | 0.423 |
| 2018 | 0.023 |
| 2019 | -1.331 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
