Net incurrence of liabilities, total in Euro area
Euro area: Net incurrence of liabilities, total was 3.2% in 1990. ▬ Flat
Net incurrence of liabilities, total in Euro area, 1975–1990
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 1990, net incurrence of liabilities, total in Euro area stood at 3.2%.
That represents a change of up 80.6% on the previous year and up 10.3% over ten years.
Over the whole period, net incurrence of liabilities, total in Euro area peaked at 5.1% in 1985 and was at its lowest, 1.8%, in 1989.
Euro area ranks 14th of 21 groups on this measure, in the middle of the range.
Net incurrence of liabilities, total in Euro area, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 2.8% | — |
| 1976 | 2.9% | +4.0% |
| 1977 | 3.3% | +14.6% |
| 1978 | 3.9% | +16.0% |
| 1979 | 2.9% | -25.7% |
| 1980 | 2.9% | +1.8% |
| 1981 | 4.3% | +48.2% |
| 1982 | 3.9% | -9.6% |
| 1983 | 3.5% | -10.6% |
| 1984 | 4.7% | +35.0% |
| 1985 | 5.1% | +9.1% |
| 1986 | 3.8% | -26.4% |
| 1987 | 3.5% | -7.8% |
| 1988 | 3.3% | -5.9% |
| 1989 | 1.8% | -45.8% |
| 1990 | 3.2% | +80.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.1% | 2.8% | 3.9% | 5 |
| 1980s | 3.7% | 1.8% | 5.1% | 10 |
| 1990s | 3.2% | 3.2% | 3.2% | 1 |
Countries ranked near Euro area
More public sector data for Euro area
- Arms imports 3.29 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 9.21 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 41.65 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 3.29 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 806.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0174 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 16.6 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 288.53 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 819.39 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Euro area?
- Net incurrence of liabilities, total in Euro area was 3.2% in 1990, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Euro area?
- The highest recorded value was 5.1% in 1985.
- What is the lowest net incurrence of liabilities, total recorded in Euro area?
- The lowest recorded value was 1.8% in 1989.
- How does Euro area rank for net incurrence of liabilities, total?
- Euro area ranks 14th out of 21 groups with data for 1990.
- Is net incurrence of liabilities, total rising or falling in Euro area?
- Over the last ten years it is up 10.3%. The long-run trend across the full record is flat.
- Where does this Euro area 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.