China - Net incurrence of liabilities, domestic (% of GDP)

Net incurrence of liabilities, domestic (% of GDP) in China was reported at 2.04 % in 2009, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 china net incurrence of liabilities domestic percent of gdp wb data
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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 (a third financing item). The difference between the cash surplus or deficit and the three financing items is the net change in the stock of cash.


China | Public Sector