Net incurrence of liabilities, total (current LCU) in Jamaica
Jamaica: Net incurrence of liabilities, total (current LCU) was -13.26 billion current LCU in 2013. ◆ Volatile
Net incurrence of liabilities, total in Jamaica, 2004–2013
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Jamaica recorded -13.26 billion current LCU for net incurrence of liabilities, total in 2013. That is the lowest value across all 10 years on record.
The figure is down 122.6% on the previous year and down 161.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Jamaica peaked at 123.96 billion current LCU in 2009 and was at its lowest, -13.26 billion current LCU, in 2013.
Jamaica ranks 134th 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.
Net incurrence of liabilities, total (current LCU) in Jamaica, year by year
| Year | current LCU | Change |
|---|---|---|
| 2004 | 21.59 billion current LCU | — |
| 2005 | 39.52 billion current LCU | +83.0% |
| 2006 | 33.98 billion current LCU | -14.0% |
| 2007 | 28.49 billion current LCU | -16.2% |
| 2008 | 49.60 billion current LCU | +74.1% |
| 2009 | 123.96 billion current LCU | +149.9% |
| 2010 | 112.26 billion current LCU | -9.4% |
| 2011 | 46.28 billion current LCU | -58.8% |
| 2012 | 58.55 billion current LCU | +26.5% |
| 2013 | -13.26 billion current LCU | -122.6% |
Jamaica compared with similar countries
- Jamaica's -13.26 billion current LCU is below the median for upper middle income countries, which is 48.87 billion current LCU. (47 countries reporting)
- Jamaica's -13.26 billion current LCU is below the median for Latin America & Caribbean, which is 9.26 billion current LCU. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.52 billion current LCU | 21.59 billion current LCU | 123.96 billion current LCU | 6 |
| 2010s | 50.96 billion current LCU | -13.26 billion current LCU | 112.26 billion current LCU | 4 |
Countries ranked near Jamaica
- 131 Luxembourg -187.28 million current LCU
- 132 Bolivia -314.45 million current LCU
- 133 Netherlands -408.40 million current LCU
- 135 Angola -778.29 billion current LCU compare
- 136 Iraq -1.02 trillion current LCU
More public sector data for Jamaica
- 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)
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.52 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Jamaica?
- Net incurrence of liabilities, total in Jamaica was -13.26 billion current LCU in 2013, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Jamaica?
- The highest recorded value was 123.96 billion current LCU in 2009.
- What is the lowest net incurrence of liabilities, total recorded in Jamaica?
- The lowest recorded value was -13.26 billion current LCU in 2013.
- How does Jamaica rank for net incurrence of liabilities, total?
- Jamaica ranks 134th out of 136 countries with data for 2013.
- Is net incurrence of liabilities, total rising or falling in Jamaica?
- Over the last ten years it is down 161.4%. The long-run trend across the full record is volatile.
- Where does this Jamaica 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.