Net incurrence of liabilities, total (current LCU) in Gabon
Gabon: Net incurrence of liabilities, total (current LCU) was 98.63 billion current LCU in 2021. ◆ Volatile
Net incurrence of liabilities, total in Gabon, 2012–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2021, net incurrence of liabilities, total in Gabon stood at 98.63 billion current LCU.
That represents a change of up 132.0% on the previous year and up 159.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Gabon peaked at 201.41 billion current LCU in 2016 and was at its lowest, -307.91 billion current LCU, in 2019.
Gabon ranks 58th of 136 countries on this measure, in the middle of the range.
Net incurrence of liabilities, total (current LCU) in Gabon, year by year
| Year | current LCU | Change |
|---|---|---|
| 2012 | -164.98 billion current LCU | — |
| 2013 | 27.67 billion current LCU | -116.8% |
| 2014 | -213.10 billion current LCU | -870.2% |
| 2015 | 82.43 billion current LCU | -138.7% |
| 2016 | 201.41 billion current LCU | +144.3% |
| 2017 | 66.64 billion current LCU | -66.9% |
| 2018 | 33.58 billion current LCU | -49.6% |
| 2019 | -307.91 billion current LCU | -1017.1% |
| 2021 | 98.63 billion current LCU | -132.0% |
Gabon compared with similar countries
- Gabon's 98.63 billion current LCU is above the median for upper middle income countries, which is 48.87 billion current LCU, 2.0× the median. (47 countries reporting)
- Gabon's 98.63 billion current LCU is below the median for Sub-Saharan Africa, which is 126.91 billion current LCU, 78% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -34.28 billion current LCU | -307.91 billion current LCU | 201.41 billion current LCU | 8 |
| 2020s | 98.63 billion current LCU | 98.63 billion current LCU | 98.63 billion current LCU | 1 |
Countries ranked near Gabon
More public sector data for Gabon
- Democracy, annual growth rate -100 % change on previous year (2023)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2023)
- Elected parliament, annual growth rate -100 % change on previous year (2023)
- 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 -100 % change on previous year (2023)
- Arms imports 6.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.3939 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -93.75 % change on previous year (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Gabon?
- Net incurrence of liabilities, total in Gabon was 98.63 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Gabon?
- The highest recorded value was 201.41 billion current LCU in 2016.
- What is the lowest net incurrence of liabilities, total recorded in Gabon?
- The lowest recorded value was -307.91 billion current LCU in 2019.
- How does Gabon rank for net incurrence of liabilities, total?
- Gabon ranks 58th out of 136 countries with data for 2021.
- Is net incurrence of liabilities, total rising or falling in Gabon?
- Over the last ten years it is up 159.8%. The long-run trend across the full record is volatile.
- Where does this Gabon 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.