Ireland - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Ireland was -2,063,000,000 as of 2019. As the graph below shows, over the past 20 years this indicator reached a maximum value of 41,655,000,000 in 2010 and a minimum value of -10,847,000,000 in 2014.
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 |
|---|---|
| 1999 | -749,000,000 |
| 2000 | -4,602,000,000 |
| 2001 | 2,060,000,000 |
| 2002 | 2,355,000,000 |
| 2003 | 1,831,000,000 |
| 2004 | 260,000,000 |
| 2005 | 565,000,000 |
| 2006 | -796,000,000 |
| 2007 | 3,942,000,000 |
| 2008 | 33,106,000,000 |
| 2009 | 26,335,000,000 |
| 2010 | 41,655,000,000 |
| 2011 | 25,267,000,000 |
| 2012 | 20,158,000,000 |
| 2013 | 5,623,000,000 |
| 2014 | -10,847,000,000 |
| 2015 | -3,012,000,000 |
| 2016 | -2,392,000,000 |
| 2017 | -597,000,000 |
| 2018 | 16,981,000,000 |
| 2019 | -2,063,000,000 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Ireland was -0.58 as of 2019. Its highest value over the past 20 years was 24.89 in 2010, while its lowest value was -5.56 in 2014.
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 |
|---|---|
| 1999 | -0.81 |
| 2000 | -4.24 |
| 2001 | 1.69 |
| 2002 | 1.73 |
| 2003 | 1.26 |
| 2004 | 0.17 |
| 2005 | 0.33 |
| 2006 | -0.43 |
| 2007 | 2.00 |
| 2008 | 17.68 |
| 2009 | 15.54 |
| 2010 | 24.89 |
| 2011 | 14.72 |
| 2012 | 11.49 |
| 2013 | 3.13 |
| 2014 | -5.56 |
| 2015 | -1.15 |
| 2016 | -0.89 |
| 2017 | -0.20 |
| 2018 | 5.21 |
| 2019 | -0.58 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
