Net incurrence of liabilities, total (current LCU) in Andorra
Andorra: Net incurrence of liabilities, total (current LCU) was 4.87 million current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Andorra, 2018–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Andorra 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 121st out of 136 countries with data for 2024, putting it in the bottom quarter.
Net incurrence of liabilities, total (current LCU) in Andorra, year by year
| Year | current LCU | Change |
|---|---|---|
| 2018 | -10.57 million current LCU | — |
| 2019 | 15.30 million current LCU | -244.8% |
| 2020 | 230.76 million current LCU | +1408.1% |
| 2021 | 312.02 million current LCU | +35.2% |
| 2022 | -105.48 million current LCU | -133.8% |
| 2023 | -58.02 million current LCU | -45.0% |
| 2024 | 4.87 million current LCU | -108.4% |
Andorra compared with similar countries
- Andorra's 4.87 million current LCU is below the median for high income countries, which is 9.91 billion current LCU, 0% of the median. (41 countries reporting)
- Andorra's 4.87 million current LCU is below the median for Europe & Central Asia, which is 14.60 billion current LCU, 0% of the median. (34 countries reporting)
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
- 118 Palau 52.56 million current LCU
- 119 Bulgaria 27.09 million current LCU
- 120 Micronesia (country) 5.59 million current LCU
- 122 Tonga 693,426 current LCU compare
- 123 Marshall Islands -241,000 current LCU
- 124 Nauru -3.75 million current LCU
More public sector data for Andorra
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- 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)
Frequently asked questions
- What is net incurrence of liabilities, total in Andorra?
- Net incurrence of liabilities, total in Andorra 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?
- The highest recorded value was 312.02 million current LCU in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Andorra?
- The lowest recorded value was -105.48 million current LCU in 2022.
- How does Andorra rank for net incurrence of liabilities, total?
- Andorra ranks 121st out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Andorra?
- Over the last ten years it is up 146.1%. The long-run trend across the full record is volatile.
- Where does this Andorra 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.