Net incurrence of liabilities, total in Costa Rica
Costa Rica: Net incurrence of liabilities, total was 2.6% in 2024. ▼ Falling
Net incurrence of liabilities, total in Costa Rica, 2019–2024
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 Costa Rica is 2.6%, measured in 2024. That is the lowest value across all 6 years on record.
The figure is down 33.1% on the previous year and down 68.4% over ten years.
Costa Rica ranks 79th of 136 countries on this measure, in the middle of the range.
Net incurrence of liabilities, total in Costa Rica, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2019 | 8.2% | — |
| 2020 | 6.9% | -16.0% |
| 2021 | 6.0% | -12.1% |
| 2022 | 3.6% | -40.7% |
| 2023 | 3.9% | +8.0% |
| 2024 | 2.6% | -33.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.2% | 8.2% | 8.2% | 1 |
| 2020s | 4.6% | 2.6% | 6.9% | 5 |
Countries ranked near Costa Rica
More public sector data for Costa Rica
- Arms imports 8.00 million SIPRI trend indicator values (2019)
- Arms imports (SIPRI trend indicator values), per capita 1.6 SIPRI trend indicator values per person (2019)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2019)
- Arms imports (SIPRI trend indicator values), gaps filled 8.00 million SIPRI trend indicator values (2019)
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 156.68 SIPRI trend indicator values per square kilometre (2019)
- Military expenditure (current USD), per square kilometre 0 current USD per square kilometre (2023)
- Tax revenue 13.5% (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Costa Rica?
- Net incurrence of liabilities, total in Costa Rica was 2.6% 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 Costa Rica?
- The highest recorded value was 8.2% in 2019.
- What is the lowest net incurrence of liabilities, total recorded in Costa Rica?
- The lowest recorded value was 2.6% in 2024.
- How does Costa Rica rank for net incurrence of liabilities, total?
- Costa Rica ranks 79th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Costa Rica?
- Over the last ten years it is down 68.4%. The long-run trend across the full record is falling.
- Where does this Costa Rica 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.