Austria - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Austria was 9,911,121,000 as of 1994. As the graph below shows, over the past 22 years this indicator reached a maximum value of 9,911,121,000 in 1994 and a minimum value of 282,697,300 in 1972.

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 282,697,300
1973 484,727,800
1974 521,064,200
1975 2,754,300,000
1976 2,599,507,000
1977 2,527,561,000
1978 2,611,862,000
1979 2,701,249,000
1980 2,227,422,000
1981 2,225,242,000
1982 3,720,122,000
1983 5,447,556,000
1984 4,337,115,000
1985 4,836,377,000
1986 7,381,380,000
1987 6,346,519,000
1988 4,597,283,000
1989 5,092,912,000
1990 5,421,393,000
1991 6,308,729,000
1992 4,948,293,000
1993 7,806,516,000
1994 9,911,121,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Austria was 5.87 as of 1994. Its highest value over the past 22 years was 6.72 in 1986, while its lowest value was 0.76 in 1972.

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 0.76
1973 1.15
1974 1.09
1975 5.43
1976 4.64
1977 4.08
1978 3.99
1979 3.76
1980 2.89
1981 2.71
1982 4.21
1983 5.79
1984 4.39
1985 4.64
1986 6.72
1987 5.56
1988 3.84
1989 3.98
1990 3.94
1991 4.28
1992 3.18
1993 4.85
1994 5.87

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance