Net incurrence of liabilities, total in Central African Republic
Central African Republic: Net incurrence of liabilities, total was 3.6% in 2021. ◆ Volatile
Net incurrence of liabilities, total in Central African Republic, 2004–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2021, net incurrence of liabilities, total in Central African Republic stood at 3.6%. That is the highest value across all 10 years on record.
That represents a change of up 3,583.0% on the previous year and up 198.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Central African Republic peaked at 3.6% in 2021 and was at its lowest, -3.5%, in 2019.
That places Central African Republic 62nd out of 136 countries with data for 2021, 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 Central African Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 1.4% | — |
| 2008 | 1.2% | -13.5% |
| 2014 | -0.2% | -117.9% |
| 2015 | 0.5% | -329.2% |
| 2016 | 1.1% | +114.5% |
| 2017 | -0.2% | -118.4% |
| 2018 | -0.3% | +55.9% |
| 2019 | -3.5% | +1041.0% |
| 2020 | 0.1% | -102.8% |
| 2021 | 3.6% | +3583.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 1.2% | 1.4% | 2 |
| 2010s | -0.4% | -3.5% | 1.1% | 6 |
| 2020s | 1.9% | 0.1% | 3.6% | 2 |
Countries ranked near Central African Republic
More public sector data for Central African Republic
- Arms imports 43.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 8.35 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0168 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -95.45 % change on previous year (2022)
- Arms imports (SIPRI trend indicator values), gaps filled 43.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 13.35 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0259 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 13.83 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 71.17 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 69.02 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Central African Republic?
- Net incurrence of liabilities, total in Central African Republic was 3.6% in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Central African Republic?
- The highest recorded value was 3.6% in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Central African Republic?
- The lowest recorded value was -3.5% in 2019.
- How does Central African Republic rank for net incurrence of liabilities, total?
- Central African Republic ranks 62nd out of 136 countries with data for 2021.
- Is net incurrence of liabilities, total rising or falling in Central African Republic?
- Over the last ten years it is up 198.4%. The long-run trend across the full record is volatile.
- Where does this Central African Republic 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.
Download this data
CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.