Caribbean small states - Net incurrence of liabilities
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Caribbean small states was 1.86 as of 2013. Its highest value over the past 7 years was 4.24 in 2009, while its lowest value was 1.12 in 2006.
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 |
|---|---|
| 2006 | 1.12 |
| 2007 | 2.10 |
| 2008 | 2.09 |
| 2009 | 4.24 |
| 2010 | 3.05 |
| 2011 | 2.96 |
| 2012 | 3.50 |
| 2013 | 1.86 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
