Net incurrence of liabilities, total in Belize
Belize: Net incurrence of liabilities, total was 63.64 million current LCU in 2011. ◆ Volatile
Net incurrence of liabilities, total in Belize, 1990–2011
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2011, net incurrence of liabilities, total in Belize stood at 63.64 million current LCU.
That represents a change of down 37.8% on the previous year and down 25.3% over ten years.
Over the whole period, net incurrence of liabilities, total in Belize peaked at 363.92 million current LCU in 2004 and was at its lowest, -185.32 million current LCU, in 2005.
Belize ranks 116th of 136 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.17 million current LCU | -951,000 current LCU | 56.90 million current LCU | 10 |
| 2000s | 92.22 million current LCU | -185.32 million current LCU | 363.92 million current LCU | 10 |
| 2010s | 82.97 million current LCU | 63.64 million current LCU | 102.29 million current LCU | 2 |
Countries ranked near Belize
- 113 Cyprus 71.42 million current LCU compare
- 114 San Marino 69.31 million current LCU compare
- 115 Saint Vincent and the Grenadines 65.99 million current LCU compare
- 117 Bahamas 61.81 million current LCU compare
- 118 Palau 52.56 million current LCU compare
- 119 Bulgaria 27.09 million current LCU compare
More public sector data for Belize
- Arms imports 1.00 million SIPRI trend indicator values (2023)
- Tax revenue 21.3% (2017)
- Taxes on income, profits and capital gains 24.4% (2017)
- Taxes on goods and services 48.1% (2017)
- Net investment in nonfinancial assets 3.3% (2017)
- Net lending (+) / net borrowing (-) -1.2% (2017)
- Interest payments 9.4% (2017)
- Grants and other revenue 12.7% (2017)
- Interest payments 10.3% (2017)
- Other taxes 0.6% (2017)
Frequently asked questions
- What is net incurrence of liabilities, total in Belize?
- Net incurrence of liabilities, total in Belize was 63.64 million current LCU in 2011, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Belize?
- The highest recorded value was 363.92 million current LCU in 2004.
- What is the lowest net incurrence of liabilities, total recorded in Belize?
- The lowest recorded value was -185.32 million current LCU in 2005.
- How does Belize rank for net incurrence of liabilities, total?
- Belize ranks 116th out of 136 countries with data for 2011.
- Is net incurrence of liabilities, total rising or falling in Belize?
- Over the last ten years it is down 25.3%. The long-run trend across the full record is volatile.
- Where does this Belize 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.