The Bahamas - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in The Bahamas was 293,052,700 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 781,292,000 in 2013 and a minimum value of 14,600,000 in 1995.

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 96,900,000
1991 105,100,000
1992 73,200,000
1993 84,400,000
1994 50,500,000
1995 14,600,000
1996 79,400,000
1997 149,602,000
1998 69,817,000
1999 48,918,000
2000 22,300,000
2001 73,000,000
2002 145,600,000
2003 226,500,000
2004 206,352,000
2005 178,029,000
2006 192,649,000
2007 273,410,000
2008 260,000,000
2009 392,994,000
2010 316,250,000
2011 153,647,000
2012 351,132,000
2013 781,292,000
2014 467,543,000
2015 506,247,000
2016 344,196,000
2017 580,306,700
2018 684,380,400
2019 293,052,700

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in The Bahamas was 2.23 as of 2019. Its highest value over the past 29 years was 7.44 in 2013, while its lowest value was 0.28 in 2000.

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 3.06
1991 3.38
1992 2.35
1993 2.73
1994 1.55
1995 0.43
1996 2.20
1997 2.36
1998 1.02
1999 0.64
2000 0.28
2001 0.88
2002 1.64
2003 2.55
2004 2.28
2005 1.81
2006 1.89
2007 2.57
2008 2.47
2009 3.94
2010 3.13
2011 1.53
2012 3.28
2013 7.44
2014 4.20
2015 4.26
2016 2.87
2017 4.70
2018 5.33
2019 2.23

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance