Net incurrence of liabilities, total in New Zealand
New Zealand: Net incurrence of liabilities, total was 3.76 billion current LCU in 2008. ◆ Volatile
Net incurrence of liabilities, total in New Zealand, 2002–2008
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2008, net incurrence of liabilities, total in New Zealand stood at 3.76 billion current LCU. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 125.5% on the previous year and up 655.8% over ten years.
New Zealand ranks 92nd of 136 countries on this measure, in the middle of the range.
Net incurrence of liabilities, total in New Zealand, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 497.23 million current LCU | — |
| 2003 | 2.40 billion current LCU | +381.8% |
| 2004 | -939.94 million current LCU | -139.2% |
| 2005 | 1.67 billion current LCU | -277.3% |
| 2008 | 3.76 billion current LCU | +125.5% |
Countries ranked near New Zealand
- 89 Afghanistan 5.07 billion current LCU
- 90 Portugal 4.43 billion current LCU
- 91 Switzerland 4.11 billion current LCU
- 93 Belarus 3.40 billion current LCU compare
- 94 Ecuador 2.95 billion current LCU
- 95 Eswatini 2.83 billion current LCU
More public sector data for New Zealand
- Arms imports 200.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 37.81 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0008 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -50.62 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 200.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 566.83 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0115 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.01 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 3.00 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,538 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in New Zealand?
- Net incurrence of liabilities, total in New Zealand was 3.76 billion current LCU in 2008, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in New Zealand?
- The highest recorded value was 3.76 billion current LCU in 2008.
- What is the lowest net incurrence of liabilities, total recorded in New Zealand?
- The lowest recorded value was -939.94 million current LCU in 2004.
- How does New Zealand rank for net incurrence of liabilities, total?
- New Zealand ranks 92nd out of 136 countries with data for 2008.
- Is net incurrence of liabilities, total rising or falling in New Zealand?
- Over the last ten years it is up 655.8%. The long-run trend across the full record is volatile.
- Where does this New Zealand data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.