Net incurrence of liabilities, total in Andorra, Principality of
Andorra, Principality of: Net incurrence of liabilities, total was 4.87 million current LCU in 2024. β Volatile
Net incurrence of liabilities, total in Andorra, Principality of, 2018β2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Andorra, Principality of recorded 4.87 million current LCU for net incurrence of liabilities, total in 2024.
That represents a change of up 108.4% on the previous year and up 146.1% over ten years.
That places Andorra, Principality of 121st out of 136 countries with data for 2024, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.37 million current LCU | -10.57 million current LCU | 15.30 million current LCU | 2 |
| 2020s | 76.83 million current LCU | -105.48 million current LCU | 312.02 million current LCU | 5 |
Countries ranked near Andorra, Principality of
- 118 Palau 52.56 million current LCU
- 119 Bulgaria 27.09 million current LCU
- 120 Micronesia, Federated States of 5.59 million current LCU
- 122 Tonga 693,426 current LCU compare
- 123 Marshall Islands, Republic of the -241,000 current LCU
- 124 Naoero -3.75 million current LCU
More public sector data for Andorra, Principality of
- Tax revenue 15.6% (2024)
- Taxes on income, profits and capital gains 19.4% (2024)
- Taxes on goods and services 22.8% (2024)
- Net investment in nonfinancial assets 1.7% (2024)
- Net lending (+) / net borrowing (-) 2.3% (2024)
- Interest payments 1.5% (2024)
- Grants and other revenue 13.2% (2024)
- Taxes on international trade 10.1% (2024)
- Revenue, General government, Percent of GDP 39.75 (2030)
- Expenditure, General government, Percent of GDP 37.4 (2030)
Frequently asked questions
- What is net incurrence of liabilities, total in Andorra, Principality of?
- Net incurrence of liabilities, total in Andorra, Principality of was 4.87 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Andorra, Principality of?
- The highest recorded value was 312.02 million current LCU in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Andorra, Principality of?
- The lowest recorded value was -105.48 million current LCU in 2022.
- How does Andorra, Principality of rank for net incurrence of liabilities, total?
- Andorra, Principality of ranks 121st out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Andorra, Principality of?
- Over the last ten years it is up 146.1%. The long-run trend across the full record is volatile.
- Where does this Andorra, Principality of data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (current LCU). Statizoid updates them automatically from the source API.
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About this data
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. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.