Net incurrence of liabilities, total (current LCU) in Luxembourg
Luxembourg: Net incurrence of liabilities, total (current LCU) was -187.28 million current LCU in 1994. ◆ Volatile
Net incurrence of liabilities, total in Luxembourg, 1980–1994
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Luxembourg recorded -187.28 million current LCU for net incurrence of liabilities, total in 1994.
Compared with earlier readings it is down 574.3% on the previous year and down 586.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Luxembourg peaked at 39.49 million current LCU in 1991 and was at its lowest, -229.13 million current LCU, in 1990.
That places Luxembourg 131st out of 136 countries with data for 1994, putting it 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 Luxembourg, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | -65.49 million current LCU | — |
| 1981 | -38.57 million current LCU | -41.1% |
| 1982 | -20.75 million current LCU | -46.2% |
| 1983 | -5.40 million current LCU | -74.0% |
| 1984 | -27.27 million current LCU | +404.6% |
| 1985 | -96.73 million current LCU | +254.7% |
| 1986 | -162.57 million current LCU | +68.1% |
| 1987 | -178.73 million current LCU | +9.9% |
| 1988 | -193.93 million current LCU | +8.5% |
| 1989 | -212.15 million current LCU | +9.4% |
| 1990 | -229.13 million current LCU | +8.0% |
| 1991 | 39.49 million current LCU | -117.2% |
| 1994 | -187.28 million current LCU | -574.3% |
Luxembourg compared with similar countries
- Luxembourg's -187.28 million current LCU is below the median for high income countries, which is 9.91 billion current LCU. (41 countries reporting)
- Luxembourg's -187.28 million current LCU is below the median for Europe & Central Asia, which is 14.60 billion current LCU. (34 countries reporting)
Biggest year-on-year movements
Years where Net incurrence of liabilities, total (current LCU) in Luxembourg changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | -574.3% | 39.49 million current LCU | -187.28 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -100.16 million current LCU | -212.15 million current LCU | -5.40 million current LCU | 10 |
| 1990s | -125.64 million current LCU | -229.13 million current LCU | 39.49 million current LCU | 3 |
Countries ranked near Luxembourg
- 128 East Timor -59.55 million current LCU
- 129 Samoa -69.71 million current LCU
- 130 Seychelles -112.03 million current LCU compare
- 132 Bolivia -314.45 million current LCU compare
- 133 Netherlands -408.40 million current LCU compare
- 134 Jamaica -13.26 billion current LCU
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Frequently asked questions
- What is net incurrence of liabilities, total in Luxembourg?
- Net incurrence of liabilities, total in Luxembourg was -187.28 million current LCU in 1994, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Luxembourg?
- The highest recorded value was 39.49 million current LCU in 1991.
- What is the lowest net incurrence of liabilities, total recorded in Luxembourg?
- The lowest recorded value was -229.13 million current LCU in 1990.
- How does Luxembourg rank for net incurrence of liabilities, total?
- Luxembourg ranks 131st out of 136 countries with data for 1994.
- Is net incurrence of liabilities, total rising or falling in Luxembourg?
- Over the last ten years it is down 586.8%. The long-run trend across the full record is volatile.
- Where does this Luxembourg 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.