Net incurrence of liabilities, total (current LCU) in Serbia
Serbia: Net incurrence of liabilities, total (current LCU) was 251.76 billion current LCU in 2012. ◆ Volatile
Net incurrence of liabilities, total in Serbia, 2007–2012
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Serbia is 251.76 billion current LCU, measured in 2012. That is the highest value across all 6 years on record.
The figure is up 38.6% on the previous year and up 942.6% over ten years.
Serbia ranks 45th of 136 countries on this measure, in the middle of the range.
Net incurrence of liabilities, total (current LCU) in Serbia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | -29.88 billion current LCU | — |
| 2008 | -23.78 billion current LCU | -20.4% |
| 2009 | 116.67 billion current LCU | -590.6% |
| 2010 | 100.75 billion current LCU | -13.6% |
| 2011 | 181.65 billion current LCU | +80.3% |
| 2012 | 251.76 billion current LCU | +38.6% |
Serbia compared with similar countries
- Serbia's 251.76 billion current LCU is above the median for upper middle income countries, which is 48.87 billion current LCU, 5.2× the median. (47 countries reporting)
- Serbia's 251.76 billion current LCU is above the median for Europe & Central Asia, which is 14.60 billion current LCU, 17.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.00 billion current LCU | -29.88 billion current LCU | 116.67 billion current LCU | 3 |
| 2010s | 178.05 billion current LCU | 100.75 billion current LCU | 251.76 billion current LCU | 3 |
Countries ranked near Serbia
More public sector data for Serbia
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Frequently asked questions
- What is net incurrence of liabilities, total in Serbia?
- Net incurrence of liabilities, total in Serbia was 251.76 billion current LCU in 2012, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Serbia?
- The highest recorded value was 251.76 billion current LCU in 2012.
- What is the lowest net incurrence of liabilities, total recorded in Serbia?
- The lowest recorded value was -29.88 billion current LCU in 2007.
- How does Serbia rank for net incurrence of liabilities, total?
- Serbia ranks 45th out of 136 countries with data for 2012.
- Is net incurrence of liabilities, total rising or falling in Serbia?
- Over the last ten years it is up 942.6%. The long-run trend across the full record is volatile.
- Where does this Serbia 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.