Jamaica - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Jamaica was -13,260,650,000 as of 2013. As the graph below shows, over the past 9 years this indicator reached a maximum value of 123,963,000,000 in 2009 and a minimum value of -13,260,650,000 in 2013.
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 | 21,588,420,000 |
| 2005 | 39,515,190,000 |
| 2006 | 33,982,470,000 |
| 2007 | 28,489,110,000 |
| 2008 | 49,601,860,000 |
| 2009 | 123,963,000,000 |
| 2010 | 112,256,000,000 |
| 2011 | 46,280,150,000 |
| 2012 | 58,552,700,000 |
| 2013 | -13,260,650,000 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Jamaica was -0.93 as of 2013. Its highest value over the past 9 years was 11.64 in 2009, while its lowest value was -0.93 in 2013.
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 | 3.47 |
| 2005 | 5.64 |
| 2006 | 4.33 |
| 2007 | 3.22 |
| 2008 | 4.97 |
| 2009 | 11.64 |
| 2010 | 9.74 |
| 2011 | 3.73 |
| 2012 | 4.46 |
| 2013 | -0.93 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
