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China

China Net incurrence of liabilities Stats

Definitions

  • Domestic > % of GDP: 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 (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash."
  • Domestic > Current LCU: 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 (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash."
  • Foreign > % of GDP: 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 (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash."
  • Foreign > Current LCU: 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 (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash."
STAT AMOUNT DATE RANK HISTORY
Domestic > % of GDP 1.17% 2006 37th out of 77
Domestic > Current LCU 253.2 billion 2006 7th out of 76
Foreign > % of GDP -0.06% 2006 49th out of 74
Foreign > Current LCU -13,100,000,000 2006 65th out of 73

SOURCES: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.; International Monetary Fund, Government Finance Statistics Yearbook and data files.

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