Nigeria NG: Net Incurrence of Liabilities: Total

Nigeria NG: Net Incurrence of Liabilities: Total data was reported at 1,153,500.000 NGN mn in 2013. This records an increase from the previous number of 975,700.000 NGN mn for 2012. Nigeria NG: Net Incurrence of Liabilities: Total data is updated yearly, averaging 163,700.000 NGN mn from Dec 2003 (Median) to 2013, with 11 observations. The data reached an all-time high of 1,185,500.000 NGN mn in 2010 and a record low of 46,500.000 NGN mn in 2004. Nigeria NG: Net Incurrence of Liabilities: Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nigeria – Table NG.World Bank: Government Revenue, Expenditure and Finance. 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.; ; International Monetary Fund, Government Finance Statistics Yearbook and data files.; ;

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