Benin BJ: Net Incurrence of Liabilities: Total: % of GDP

Benin BJ: Net Incurrence of Liabilities: Total: % of GDP data was reported at 1.088 % in 1979. This records a decrease from the previous number of 1.677 % for 1978. Benin BJ: Net Incurrence of Liabilities: Total: % of GDP data is updated yearly, averaging 1.088 % from Dec 1977 to 1979, with 3 observations. The data reached an all-time high of 1.677 % in 1978 and a record low of 0.149 % in 1977. Benin BJ: 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 Benin – Table BJ.World Bank.WDI: 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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