Zambia - Net incurrence of liabilities

Net incurrence of liabilities, total (current LCU)

The value for Net incurrence of liabilities, total (current LCU) in Zambia was 21,755,440,000 as of 2019. As the graph below shows, over the past 29 years this indicator reached a maximum value of 27,135,750,000 in 2017 and a minimum value of 8,902,100 in 1990.

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 8,902,100
1991 86,172,900
1992 34,645,900
1993 101,312,100
1994 701,700,000
2010 2,699,091,000
2011 4,285,031,000
2012 14,220,550,000
2013 5,674,061,000
2014 11,205,370,000
2015 21,358,280,000
2016 9,737,137,000
2017 27,135,750,000
2018 17,238,070,000
2019 21,755,440,000

Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP) in Zambia was 7.24 as of 2019. Its highest value over the past 29 years was 39.48 in 1991, while its lowest value was 2.78 in 2010.

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 7.85
1991 39.48
1992 6.08
1993 6.84
1994 28.67
2010 2.78
2011 3.76
2012 10.83
2013 3.75
2014 6.71
2015 11.65
2016 4.51
2017 11.02
2018 6.26
2019 7.24

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance