Belarus - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Belarus was 426,979,400 as of 2019. As the graph below shows, over the past 27 years this indicator reached a maximum value of 2,400,790,000 in 2011 and a minimum value of -437,649,000 in 2015.

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
1992 470
1993 4,840
1994 91,020
1995 312,110
1996 387,100
1997 952,750
1998 803,340
1999 1,348,380
2000 -2,412,000
2001 12,410,000
2002 12,397,000
2003 45,846,130
2004 55,908,200
2005 104,500,900
2006 99,111,400
2007 336,931,100
2008 465,002,000
2009 966,890,100
2010 422,928,200
2011 2,400,790,000
2012 391,930,000
2013 183,983,000
2014 185,056,700
2015 -437,649,000
2016 -24,572,220
2017 2,152,596,000
2018 243,082,800
2019 426,979,400

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Belarus was 0.32 as of 2019. Its highest value over the past 27 years was 7.81 in 2011, while its lowest value was -0.49 in 2015.

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
1992 5.11
1993 4.91
1994 5.12
1995 2.57
1996 2.02
1997 2.60
1998 1.14
1999 0.45
2000 -0.26
2001 0.72
2002 0.47
2003 1.25
2004 1.12
2005 1.61
2006 1.25
2007 3.47
2008 3.58
2009 6.80
2010 2.48
2011 7.81
2012 0.72
2013 0.27
2014 0.23
2015 -0.49
2016 -0.03
2017 2.04
2018 0.20
2019 0.32

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance