Bhutan - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Bhutan was 11,376,440,000 as of 2018. As the graph below shows, over the past 36 years this indicator reached a maximum value of 29,363,970,000 in 2016 and a minimum value of -1,319,205,000 in 2008.

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
1982 16,600,000
1983 26,900,000
1984 -20,500,000
1985 205,300,000
1986 95,000,000
1988 199,200,000
1989 470,600,000
1990 390,000,000
1991 47,000,000
1992 245,900,000
1993 -311,400,000
1994 46,600,000
1995 -4,200,000
1996 -239,800,000
1997 299,898,000
1998 -147,800,000
1999 308,900,000
2000 768,900,000
2001 2,540,648,000
2002 1,181,401,000
2003 2,895,691,000
2004 -556,304,000
2005 2,492,438,000
2006 215,476,000
2007 354,845,000
2008 -1,319,205,000
2009 -1,218,709,000
2010 192,542,000
2011 509,203,000
2012 -1,216,775,000
2013 484,096,000
2014 -704,151,000
2015 20,608,320,000
2016 29,363,970,000
2017 17,877,070,000
2018 11,376,440,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Bhutan was 6.80 as of 2018. Its highest value over the past 36 years was 20.24 in 2016, while its lowest value was -4.52 in 1993.

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
1982 1.24
1983 1.70
1984 -1.12
1985 10.16
1986 3.94
1988 5.26
1989 10.95
1990 7.74
1991 0.86
1992 3.95
1993 -4.52
1994 0.57
1995 -0.04
1996 -2.23
1997 2.34
1998 -0.99
1999 1.80
2000 4.03
2001 11.67
2002 4.67
2003 10.29
2004 -1.80
2005 7.09
2006 0.54
2007 0.73
2008 -2.47
2009 -2.04
2010 0.27
2011 0.61
2012 -1.28
2013 0.47
2014 -0.60
2015 16.03
2016 20.24
2017 11.20
2018 6.80

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance