Congo, Republic of CG: Net Incurrence of Liabilities: Total: % of GDP

Congo, Republic of CG: Net Incurrence of Liabilities: Total: % of GDP data was reported at 3.744 % in 2020. This records an increase from the previous number of 0.547 % for 2019. Congo, Republic of CG: Net Incurrence of Liabilities: Total: % of GDP data is updated yearly, averaging 2.369 % from Dec 2004 to 2020, with 17 observations. The data reached an all-time high of 10.829 % in 2016 and a record low of -21.981 % in 2010. Congo, Republic of CG: 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 Congo, Republic of – Table CG.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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