Net incurrence of liabilities, total in Bosnia and Herzegovina
Bosnia and Herzegovina: Net incurrence of liabilities, total was 2.8% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Bosnia and Herzegovina, 2005–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net incurrence of liabilities, total in Bosnia and Herzegovina stood at 2.8%.
That represents a change of up 20.8% on the previous year and up 22.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Bosnia and Herzegovina peaked at 6.7% in 2009 and was at its lowest, -2.3%, in 2017.
That places Bosnia and Herzegovina 74th 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 Bosnia and Herzegovina, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 0.4% | — |
| 2006 | -0.4% | -192.4% |
| 2007 | 0.7% | -269.8% |
| 2008 | 2.1% | +214.0% |
| 2009 | 6.7% | +217.5% |
| 2010 | 1.8% | -73.1% |
| 2011 | 2.3% | +26.0% |
| 2012 | 3.4% | +49.9% |
| 2013 | 2.9% | -13.9% |
| 2014 | 2.3% | -22.0% |
| 2015 | 0.6% | -72.0% |
| 2016 | 2.1% | +233.4% |
| 2017 | -2.3% | -206.8% |
| 2018 | -0.2% | -90.3% |
| 2019 | 1.4% | -738.2% |
| 2020 | 2.8% | +99.0% |
| 2021 | 3.5% | +25.1% |
| 2022 | 1.0% | -71.4% |
| 2023 | 2.3% | +129.8% |
| 2024 | 2.8% | +20.8% |
Bosnia and Herzegovina compared with similar countries
- Bosnia and Herzegovina's 2.8% is below the median for upper middle income countries, which is 2.9%, 99% of the median. (47 countries reporting)
- Bosnia and Herzegovina's 2.8% is below the median for Europe & Central Asia, which is 3.4%, 84% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | -0.4% | 6.7% | 5 |
| 2010s | 1.4% | -2.3% | 3.4% | 10 |
| 2020s | 2.5% | 1.0% | 3.5% | 5 |
Countries ranked near Bosnia and Herzegovina
More public sector data for Bosnia and Herzegovina
- Arms imports 12.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 3.7 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 68.25 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0073 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 9.45 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 215.97 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 234.38 SIPRI trend indicator values per square kilometre (2021)
- Military expenditure (current USD), per square kilometre 3,854 current USD per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Bosnia and Herzegovina?
- Net incurrence of liabilities, total in Bosnia and Herzegovina was 2.8% 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 Bosnia and Herzegovina?
- The highest recorded value was 6.7% in 2009.
- What is the lowest net incurrence of liabilities, total recorded in Bosnia and Herzegovina?
- The lowest recorded value was -2.3% in 2017.
- How does Bosnia and Herzegovina rank for net incurrence of liabilities, total?
- Bosnia and Herzegovina ranks 74th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is up 22.4%. The long-run trend across the full record is volatile.
- Where does this Bosnia and Herzegovina 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.