Net incurrence of liabilities, total in Belize
Belize: Net incurrence of liabilities, total was 1.7% in 2011. ◆ Volatile
Net incurrence of liabilities, total in Belize, 1990–2011
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2011, net incurrence of liabilities, total in Belize stood at 1.7%.
The figure is down 40.6% on the previous year and down 52.2% over ten years.
Over the whole period, net incurrence of liabilities, total in Belize peaked at 13.0% in 2004 and was at its lowest, -6.3%, in 2005.
That places Belize 94th out of 136 countries with data for 2011, 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 Belize, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 1.7% | — |
| 1991 | 1.9% | +12.8% |
| 1992 | 4.0% | +106.6% |
| 1993 | 3.7% | -7.8% |
| 1994 | 2.3% | -38.2% |
| 1995 | 2.3% | +1.6% |
| 1996 | 3.3% | +44.0% |
| 1997 | -0.1% | -101.6% |
| 1998 | 0.6% | -1160.7% |
| 1999 | 2.4% | +315.4% |
| 2000 | 8.9% | +269.0% |
| 2001 | 3.6% | -58.9% |
| 2002 | 5.5% | +50.7% |
| 2003 | 8.4% | +53.3% |
| 2004 | 13.0% | +54.8% |
| 2005 | -6.3% | -148.4% |
| 2006 | 1.8% | -128.3% |
| 2007 | 1.2% | -34.7% |
| 2008 | -0.4% | -138.0% |
| 2009 | 0.6% | -233.3% |
| 2010 | 2.9% | +396.7% |
| 2011 | 1.7% | -40.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.2% | -0.1% | 4.0% | 10 |
| 2000s | 3.6% | -6.3% | 13.0% | 10 |
| 2010s | 2.3% | 1.7% | 2.9% | 2 |
Countries ranked near Belize
- 91 South Korea 2.0% compare
- 92 New Zealand 2.0% compare
- 93 Albania 1.9% compare
- 95 Indonesia 1.6% compare
- 96 Micronesia (country) 1.5%
- 97 Congo 1.5% compare
More public sector data for Belize
- Arms imports 1.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 2.43 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 1.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 72.26 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0094 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -1.4 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 30.14 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 43.84 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 1,340 current USD per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Belize?
- Net incurrence of liabilities, total in Belize was 1.7% in 2011, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Belize?
- The highest recorded value was 13.0% in 2004.
- What is the lowest net incurrence of liabilities, total recorded in Belize?
- The lowest recorded value was -6.3% in 2005.
- How does Belize rank for net incurrence of liabilities, total?
- Belize ranks 94th out of 136 countries with data for 2011.
- Is net incurrence of liabilities, total rising or falling in Belize?
- Over the last ten years it is down 52.2%. The long-run trend across the full record is volatile.
- Where does this Belize 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.