Congo - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Congo was -618,200,000,000 as of 2018. As the graph below shows, over the past 14 years this indicator reached a maximum value of 787,200,000,000 in 2015 and a minimum value of -1,430,040,000,000 in 2010.
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 |
|---|---|
| 2004 | 203,968,000,000 |
| 2005 | 183,546,000,000 |
| 2006 | -292,727,000,000 |
| 2007 | -421,720,000,000 |
| 2008 | -746,674,000,000 |
| 2009 | -232,642,000,000 |
| 2010 | -1,430,040,000,000 |
| 2011 | -6,200,000,000 |
| 2012 | 513,300,000,000 |
| 2013 | 210,100,000,000 |
| 2014 | 439,400,000,000 |
| 2015 | 787,200,000,000 |
| 2016 | 701,476,000,000 |
| 2017 | 166,700,000,000 |
| 2018 | -618,200,000,000 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Congo was -8.14 as of 2018. Its highest value over the past 14 years was 11.58 in 2016, while its lowest value was -21.98 in 2010.
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 |
|---|---|
| 2004 | 8.31 |
| 2005 | 5.23 |
| 2006 | -6.94 |
| 2007 | -10.03 |
| 2008 | -14.37 |
| 2009 | -5.09 |
| 2010 | -21.98 |
| 2011 | -0.08 |
| 2012 | 5.68 |
| 2013 | 2.37 |
| 2014 | 4.97 |
| 2015 | 11.20 |
| 2016 | 11.58 |
| 2017 | 2.59 |
| 2018 | -8.14 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
