Net incurrence of liabilities, total in Congo
Congo: Net incurrence of liabilities, total was 1.5% in 2021. ◆ Volatile
Net incurrence of liabilities, total in Congo, 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 Congo stood at 1.5%.
Compared with earlier readings it is down 61.2% on the previous year and up 1,829.6% over ten years.
Over the whole period, net incurrence of liabilities, total in Congo peaked at 10.7% in 2015 and was at its lowest, -22.0%, in 2010.
That places Congo 97th 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 Congo, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 8.3% | — |
| 2005 | 5.2% | -37.0% |
| 2006 | -6.9% | -232.6% |
| 2007 | -10.0% | +44.5% |
| 2008 | -14.4% | +43.2% |
| 2009 | -5.1% | -64.6% |
| 2010 | -22.0% | +332.1% |
| 2011 | -0.1% | -99.6% |
| 2012 | 5.7% | -6861.6% |
| 2013 | 2.4% | -58.3% |
| 2014 | 5.0% | +109.7% |
| 2015 | 10.7% | +115.6% |
| 2016 | 10.4% | -3.1% |
| 2017 | 2.4% | -76.6% |
| 2018 | -7.5% | -410.5% |
| 2019 | 0.5% | -107.3% |
| 2020 | 3.7% | +584.5% |
| 2021 | 1.5% | -61.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.8% | -14.4% | 8.3% | 6 |
| 2010s | 0.7% | -22.0% | 10.7% | 10 |
| 2020s | 2.6% | 1.5% | 3.7% | 2 |
Countries ranked near Congo
More public sector data for Congo
- Arms imports 3.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 0.5091 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -66.67 % change on previous year (2015)
- Arms imports (SIPRI trend indicator values), gaps filled 3.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 28.75 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0116 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -36.12 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 182.04 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 8.78 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is net incurrence of liabilities, total in Congo?
- Net incurrence of liabilities, total in Congo was 1.5% 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 Congo?
- The highest recorded value was 10.7% in 2015.
- What is the lowest net incurrence of liabilities, total recorded in Congo?
- The lowest recorded value was -22.0% in 2010.
- How does Congo rank for net incurrence of liabilities, total?
- Congo ranks 97th out of 136 countries with data for 2021.
- Is net incurrence of liabilities, total rising or falling in Congo?
- Over the last ten years it is up 1,829.6%. The long-run trend across the full record is volatile.
- Where does this Congo 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.