Net incurrence of liabilities, total in Belarus
Belarus: Net incurrence of liabilities, total was 1.3% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Belarus, 1992–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Belarus is 1.3%, measured in 2024.
The figure is up 224.0% on the previous year and up 480.3% over ten years.
Over the whole period, net incurrence of liabilities, total in Belarus peaked at 7.8% in 2011 and was at its lowest, -1.1%, in 2023.
That places Belarus 98th out of 136 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Belarus, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1992 | 5.1% | — |
| 1993 | 4.9% | -3.8% |
| 1994 | 5.1% | +4.1% |
| 1995 | 2.6% | -49.7% |
| 1996 | 2.0% | -21.5% |
| 1997 | 2.6% | +28.7% |
| 1998 | 1.1% | -55.9% |
| 1999 | 0.4% | -61.1% |
| 2000 | -0.3% | -159.3% |
| 2001 | 0.7% | -373.6% |
| 2002 | 0.5% | -34.4% |
| 2003 | 1.3% | +164.4% |
| 2004 | 1.1% | -10.8% |
| 2005 | 1.6% | +43.6% |
| 2006 | 1.3% | -22.1% |
| 2007 | 3.5% | +177.3% |
| 2008 | 3.6% | +3.3% |
| 2009 | 6.8% | +89.9% |
| 2010 | 2.5% | -63.5% |
| 2011 | 7.8% | +214.9% |
| 2012 | 0.7% | -90.8% |
| 2013 | 0.3% | -61.7% |
| 2014 | 0.2% | -16.3% |
| 2015 | -0.5% | -312.0% |
| 2016 | -0.0% | -94.7% |
| 2017 | 2.0% | -7965.7% |
| 2018 | 0.2% | -90.2% |
| 2019 | 0.3% | +59.5% |
| 2020 | 2.0% | +517.9% |
| 2021 | 0.9% | -55.0% |
| 2022 | 2.0% | +123.6% |
| 2023 | -1.1% | -154.5% |
| 2024 | 1.3% | -224.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.0% | 0.4% | 5.1% | 8 |
| 2000s | 2.0% | -0.3% | 6.8% | 10 |
| 2010s | 1.4% | -0.5% | 7.8% | 10 |
| 2020s | 1.0% | -1.1% | 2.0% | 5 |
Countries ranked near Belarus
More public sector data for Belarus
- Arms imports 151.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 16.53 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0019 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -6.21 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 151.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 163.3 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.019 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -5.57 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 1.49 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 793.17 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Belarus?
- Net incurrence of liabilities, total in Belarus was 1.3% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Belarus?
- The highest recorded value was 7.8% in 2011.
- What is the lowest net incurrence of liabilities, total recorded in Belarus?
- The lowest recorded value was -1.1% in 2023.
- How does Belarus rank for net incurrence of liabilities, total?
- Belarus ranks 98th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Belarus?
- Over the last ten years it is up 480.3%. The long-run trend across the full record is volatile.
- Where does this Belarus 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.