Sri Lanka - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Sri Lanka was 1,011,340,000,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 1,011,340,000,000 in 2019 and a minimum value of 16,988,000,000 in 1992.

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
1990 29,857,000,000
1991 39,536,000,000
1992 16,988,000,000
1993 28,449,000,000
1994 53,472,000,000
1995 55,617,000,000
1996 61,409,000,000
1997 44,027,000,000
1998 76,456,000,000
1999 76,736,000,000
2000 120,175,000,000
2001 152,429,000,000
2002 112,433,000,000
2003 124,995,000,000
2004 157,629,000,000
2005 179,035,000,000
2006 212,562,000,000
2007 251,431,000,000
2008 297,983,000,000
2009 477,531,000,000
2010 460,451,000,000
2011 472,289,000,000
2012 484,357,000,000
2013 516,090,000,000
2014 604,916,000,000
2015 833,906,000,000
2016 631,942,000,000
2017 752,368,000,000
2018 806,712,000,000
2019 1,011,340,000,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Sri Lanka was 6.74 as of 2019. Its highest value over the past 29 years was 10.83 in 2001, while its lowest value was 3.99 in 1992.

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
1990 9.28
1991 10.62
1992 3.99
1993 5.69
1994 9.23
1995 8.33
1996 7.99
1997 4.95
1998 7.51
1999 6.94
2000 9.56
2001 10.83
2002 7.11
2003 6.86
2004 7.54
2005 7.30
2006 7.23
2007 7.03
2008 6.76
2009 9.88
2010 7.18
2011 6.54
2012 5.55
2013 5.38
2014 5.84
2015 7.62
2016 5.27
2017 5.64
2018 5.64
2019 6.74

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance