Nauru NR: Net Incurrence of Liabilities: Total as % of GDP

Nauru NR: Net Incurrence of Liabilities: Total as % of GDP data was reported at -3.500 % in 2017. This records a decrease from the previous number of 1.578 % for 2016. Nauru NR: Net Incurrence of Liabilities: Total as % of GDP data is updated yearly, averaging -0.961 % from Dec 2014 to 2017, with 4 observations. The data reached an all-time high of 19.502 % in 2015 and a record low of -9.937 % in 2014. Nauru NR: Net Incurrence of Liabilities: Total as % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Nauru – Table NR.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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