Kiribati KI: Net Incurrence of Liabilities: Total: % of GDP

Kiribati KI: Net Incurrence of Liabilities: Total: % of GDP data was reported at -0.660 % in 2016. This records a decrease from the previous number of -0.481 % for 2015. Kiribati KI: Net Incurrence of Liabilities: Total: % of GDP data is updated yearly, averaging -0.481 % from Dec 2010 (Median) to 2016, with 7 observations. The data reached an all-time high of 1.164 % in 2011 and a record low of -10.145 % in 2013. Kiribati KI: Net Incurrence of Liabilities: Total: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Kiribati – Table KI.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.; Weighted Average;

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