Net incurrence of liabilities, total (% of GDP) in El Salvador
El Salvador: Net incurrence of liabilities, total (% of GDP) was 2.5% in 2024. ◆ Volatile
Net incurrence of liabilities, total in El Salvador, 1998–2024
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 El Salvador stood at 2.5%.
The figure is up 23.1% on the previous year and up 1,385.5% over ten years.
Over the whole period, net incurrence of liabilities, total in El Salvador peaked at 10.4% in 2020 and was at its lowest, -2.9%, in 2013.
That places El Salvador 82nd 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 (% of GDP) in El Salvador, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1998 | 5.0% | — |
| 1999 | 1.5% | -69.8% |
| 2000 | -1.2% | -176.4% |
| 2001 | 6.0% | -621.7% |
| 2002 | 8.2% | +36.3% |
| 2003 | 1.8% | -78.0% |
| 2004 | 2.9% | +60.7% |
| 2005 | 7.5% | +157.7% |
| 2006 | 4.6% | -38.0% |
| 2007 | -0.6% | -113.8% |
| 2008 | -1.8% | +187.8% |
| 2009 | 9.5% | -616.4% |
| 2010 | 1.4% | -85.3% |
| 2011 | 2.7% | +92.4% |
| 2012 | 6.3% | +137.1% |
| 2013 | -2.9% | -146.0% |
| 2014 | 0.2% | -105.7% |
| 2015 | -1.1% | -737.6% |
| 2016 | -1.9% | +76.4% |
| 2017 | -0.8% | -56.4% |
| 2018 | -2.6% | +224.6% |
| 2019 | -1.2% | -53.6% |
| 2020 | 10.4% | -946.3% |
| 2021 | -0.9% | -108.8% |
| 2022 | 1.9% | -305.5% |
| 2023 | 2.0% | +7.4% |
| 2024 | 2.5% | +23.1% |
El Salvador compared with similar countries
- El Salvador's 2.5% is below the median for upper middle income countries, which is 2.9%, 86% of the median. (47 countries reporting)
- El Salvador's 2.5% is below the median for Latin America & Caribbean, which is 2.7%, 91% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.3% | 1.5% | 5.0% | 2 |
| 2000s | 3.7% | -1.8% | 9.5% | 10 |
| 2010s | 0.0% | -2.9% | 6.3% | 10 |
| 2020s | 3.2% | -0.9% | 10.4% | 5 |
Countries ranked near El Salvador
More public sector data for El Salvador
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 3.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in El Salvador?
- Net incurrence of liabilities, total in El Salvador was 2.5% 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 El Salvador?
- The highest recorded value was 10.4% in 2020.
- What is the lowest net incurrence of liabilities, total recorded in El Salvador?
- The lowest recorded value was -2.9% in 2013.
- How does El Salvador rank for net incurrence of liabilities, total?
- El Salvador ranks 82nd out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in El Salvador?
- Over the last ten years it is up 1,385.5%. The long-run trend across the full record is volatile.
- Where does this El Salvador 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.