Samoa - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Samoa was -59,980,760 as of 2019. As the graph below shows, over the past 7 years this indicator reached a maximum value of 127,034,800 in 2012 and a minimum value of -59,980,760 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 127,034,800
2013 81,556,380
2014 87,501,470
2015 39,442,810
2016 -1,795,373
2017 -7,516,737
2018 12,451,520
2019 -59,980,760

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Samoa was -2.69 as of 2019. Its highest value over the past 7 years was 7.26 in 2012, while its lowest value was -2.69 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 7.26
2013 4.64
2014 4.98
2015 2.06
2016 -0.09
2017 -0.36
2018 0.59
2019 -2.69

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance