Gabon - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Gabon was -307,911,000,000 as of 2019. As the graph below shows, over the past 7 years this indicator reached a maximum value of 201,409,000,000 in 2016 and a minimum value of -307,911,000,000 in 2019.

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
2012 -164,980,000,000
2013 27,668,030,000
2014 -213,104,000,000
2015 82,434,550,000
2016 201,409,000,000
2017 66,642,720,000
2018 33,575,830,000
2019 -307,911,000,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Gabon was -3.11 as of 2019. Its highest value over the past 7 years was 2.42 in 2016, while its lowest value was -3.11 in 2019.

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
2012 -1.88
2013 0.32
2014 -2.37
2015 0.97
2016 2.42
2017 0.77
2018 0.36
2019 -3.11

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance