Israel | Net incurrence of liabilities, total (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. 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
State of Israel
Records
63
Source
Israel | Net incurrence of liabilities, total (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
600000 1972
400000 1973
1300000 1974
1800000 1975
1700000 1976
2800000 1977
3800000 1978
6200000 1979
18700000 1980
60200000 1981
110000000 1982
608500000 1983
2351000000 1984
2039700000 1985
648600000 1986
2091600000 1987
7267100000 1988
4664300000 1989
4549500000 1990
7889000000 1991
9300000000 1992
8770000000 1993
5743000000 1994
13475000000 1995
18521000000 1996
5027000000 1997
11698000000 1998
7970000000 1999
2000
2001
2002
2003
2004
2005
-3206866989.5 2006
-5328273381.3034 2007
26878816769.93 2008
55916320983.542 2009
19046965797.566 2010
21766835624.657 2011
39624192964.119 2012
41165491715.467 2013
11652619058.442 2014
13630316833.228 2015
17995473076.474 2016
12213324073.778 2017
38810525453.174 2018
41189015033.937 2019
180386184948.1 2020
71106443737.382 2021
2022

Israel | Net incurrence of liabilities, total (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. 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
State of Israel
Records
63
Source