Indonesia | Net incurrence of liabilities, total (% 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. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Indonesia
Records
63
Source
Indonesia | Net incurrence of liabilities, total (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
2.49780894 1972
2.53205793 1973
1.81172955 1974
3.81253708 1975
4.60990386 1976
2.75634248 1977
3.2665084 1978
2.83837204 1979
2.34785689 1980
2.2932978 1981
1.88152118 1982
2.77078222 1983
-1.01200623 1984
1.11168825 1985
3.63251968 1986
0.85405101 1987
3.36230725 1988
1.92481728 1989
0.69939651 1990
1.05165878 1991
-0.0253959 1992
-0.00212265 1993
-1.20297305 1994
1995
-1.07347794 1996
0.08537575 1997
6.20435081 1998
0.79246609 1999
2000
2001
-0.02137056 2002
-0.32699866 2003
-0.44028951 2004
2005
2006
2007
1.46907007 2008
1.60718037 2009
1.39359914 2010
1.36506308 2011
1.63414379 2012
2.33095408 2013
2.41948434 2014
3.30474692 2015
3.24969685 2016
3.15733668 2017
2.50714318 2018
2.76352105 2019
7.96218572 2020
5.11320916 2021
2022

Indonesia | Net incurrence of liabilities, total (% 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. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Republic of Indonesia
Records
63
Source