Mongolia - Net incurrence of liabilities
Net incurrence of liabilities, total (current LCU)
The value for Net incurrence of liabilities, total (current LCU) in Mongolia was -1,214,620,000,000 as of 2018. As the graph below shows, over the past 26 years this indicator reached a maximum value of 4,707,730,000,000 in 2016 and a minimum value of -1,214,620,000,000 in 2018.
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 |
|---|---|
| 1992 | 3,476,000,000 |
| 1993 | 26,470,000,000 |
| 1994 | 8,816,000,000 |
| 1995 | 16,120,000,000 |
| 1996 | 47,986,000,000 |
| 1997 | 48,914,000,000 |
| 1998 | 64,011,000,000 |
| 1999 | 107,040,000,000 |
| 2000 | 69,229,000,000 |
| 2001 | 55,018,000,000 |
| 2002 | 66,551,220,000 |
| 2003 | 65,132,710,000 |
| 2006 | 202,671,000,000 |
| 2007 | 307,662,000,000 |
| 2008 | 16,789,800,000 |
| 2009 | 833,100,000,000 |
| 2010 | 23,302,870,000 |
| 2011 | 974,233,000,000 |
| 2012 | 2,833,570,000,000 |
| 2013 | 1,185,610,000,000 |
| 2014 | 708,048,000,000 |
| 2015 | 1,196,380,000,000 |
| 2016 | 4,707,730,000,000 |
| 2017 | 1,775,810,000,000 |
| 2018 | -1,214,620,000,000 |
Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) in Mongolia was -3.73 as of 2018. Its highest value over the past 26 years was 19.67 in 2016, while its lowest value was -3.73 in 2018.
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 |
|---|---|
| 1992 | 6.19 |
| 1993 | 11.63 |
| 1994 | 2.31 |
| 1995 | 2.47 |
| 1996 | 6.50 |
| 1997 | 5.24 |
| 1998 | 6.77 |
| 1999 | 9.91 |
| 2000 | 5.66 |
| 2001 | 3.95 |
| 2002 | 4.29 |
| 2003 | 3.56 |
| 2006 | 5.03 |
| 2007 | 6.21 |
| 2008 | 0.26 |
| 2009 | 12.64 |
| 2010 | 0.24 |
| 2011 | 7.40 |
| 2012 | 16.98 |
| 2013 | 6.18 |
| 2014 | 3.19 |
| 2015 | 5.23 |
| 2016 | 19.67 |
| 2017 | 6.34 |
| 2018 | -3.73 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
