Spain | 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
Kingdom of Spain
Records
63
Source
Spain | Net incurrence of liabilities, total (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 265046338.03325
1973 134025699.27758
1974 413496327.81604
1975 682148738.47559
1976 697174041.08519
1977 1616121548.688
1978 1451444232.0868
1979 2846994338.466
1980 3746709458.7285
1981 5245633647.0617
1982 6860553171.5409
1983 9953962472.8042
1984 13464474174.51
1985 11981777312.995
1986 9197288233.385
1987 9019388650.4874
1988 9075282776.1951
1989 6858750135.2277
1990 17511689685.43
1991 11728150204.945
1992 15193585998.822
1993 41014869039.463
1994 18757587777.818
1995 30159758096.383
1996 39027292825.308
1997 14840255344.247
1998 18100843453.28
1999 15170974579.827
2000 12066947072.464
2001 -2485293605.1471
2002 4248794857.0879
2003 -6524834987.4701
2004 4622551988.0145
2005 -1788968484.33
2006 -1981405273.4448
2007 -8287317604.5332
2008 43444793857.971
2009 118989349914.07
2010 50804115195.956
2011 68668041543.043
2012 185094248822.12
2013 86543395713.301
2014 69385454502.916
2015 59314756499.346
2016 47123659683.806
2017 68168658192.257
2018 59172470259.054
2019 38442928857.471
2020 146272480503.18
2021 122652933344.82
2022
Spain | 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
Kingdom of Spain
Records
63
Source