Solomon Islands - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Solomon Islands was 421,535,100 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 421,535,100 in 2020 and a minimum value of -175,352,500 in 2015.

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
2011 2,510,136
2012 -20,816,820
2013 -82,516,240
2014 -78,456,540
2015 -175,352,500
2016 -56,959,630
2017 230,762,200
2018 24,179,470
2019 37,482,550
2020 421,535,100

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Solomon Islands was 3.32 as of 2020. Its highest value over the past 9 years was 3.32 in 2020, while its lowest value was -1.70 in 2015.

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
2011 0.03
2012 -0.24
2013 -0.88
2014 -0.80
2015 -1.70
2016 -0.52
2017 1.97
2018 0.19
2019 0.29
2020 3.32

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance