Net incurrence of liabilities, total in Guatemala
Guatemala: Net incurrence of liabilities, total was 1.2% in 2024. ▼ Falling
Net incurrence of liabilities, total in Guatemala, 2000–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Guatemala recorded 1.2% for net incurrence of liabilities, total in 2024.
The figure is up 28.0% on the previous year and down 33.3% over ten years.
Over the whole period, net incurrence of liabilities, total in Guatemala peaked at 5.5% in 2020 and was at its lowest, 0.4%, in 2002.
Guatemala ranks 102nd of 136 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Net incurrence of liabilities, total in Guatemala, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 1.7% | — |
| 2001 | 2.6% | +48.2% |
| 2002 | 0.4% | -84.4% |
| 2003 | 3.4% | +751.7% |
| 2004 | 2.9% | -15.1% |
| 2005 | 2.5% | -12.4% |
| 2006 | 2.4% | -4.7% |
| 2007 | 2.2% | -10.7% |
| 2008 | 0.9% | -60.6% |
| 2009 | 2.8% | +230.1% |
| 2010 | 3.4% | +22.6% |
| 2011 | 2.4% | -31.4% |
| 2012 | 1.9% | -19.0% |
| 2013 | 2.1% | +9.7% |
| 2014 | 1.9% | -11.2% |
| 2015 | 1.6% | -14.2% |
| 2016 | 1.6% | +2.6% |
| 2017 | 1.5% | -9.9% |
| 2018 | 2.0% | +35.4% |
| 2019 | 2.0% | -2.0% |
| 2020 | 5.5% | +182.6% |
| 2021 | 2.9% | -48.3% |
| 2022 | 1.2% | -57.9% |
| 2023 | 1.0% | -19.5% |
| 2024 | 1.2% | +28.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | 0.4% | 3.4% | 10 |
| 2010s | 2.0% | 1.5% | 3.4% | 10 |
| 2020s | 2.4% | 1.0% | 5.5% | 5 |
Countries ranked near Guatemala
- 99 Vanuatu 1.3% compare
- 100 Russian Federation 1.3% compare
- 101 Azerbaijan 1.3% compare
- 103 Iran, Islamic Republic of 1.2% compare
- 104 Cyprus 1.1%
- 105 Madagascar 1.0% compare
More public sector data for Guatemala
- Arms imports 6.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.331 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -40 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 6.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 22.56 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0037 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -5.13 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 415.19 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 55.99 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Guatemala?
- Net incurrence of liabilities, total in Guatemala was 1.2% 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 Guatemala?
- The highest recorded value was 5.5% in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Guatemala?
- The lowest recorded value was 0.4% in 2002.
- How does Guatemala rank for net incurrence of liabilities, total?
- Guatemala ranks 102nd out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Guatemala?
- Over the last ten years it is down 33.3%. The long-run trend across the full record is falling.
- Where does this Guatemala 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.