Net incurrence of liabilities, total in IDA only
IDA only: Net incurrence of liabilities, total was 5.8% in 2021. ▲ Rising
Net incurrence of liabilities, total in IDA only, 2012–2021
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 IDA only is 5.8%, measured in 2021.
The figure is down 16.9% on the previous year and up 35.4% over ten years.
Over the whole period, net incurrence of liabilities, total in IDA only peaked at 6.9% in 2020 and was at its lowest, 3.4%, in 2014.
IDA only ranks 7th of 21 groups on this measure, in the middle of the range.
Net incurrence of liabilities, total in IDA only, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2012 | 4.3% | — |
| 2013 | 3.5% | -17.2% |
| 2014 | 3.4% | -3.9% |
| 2015 | 4.1% | +20.2% |
| 2016 | 3.7% | -9.5% |
| 2017 | 3.5% | -6.2% |
| 2018 | 3.7% | +8.3% |
| 2019 | 4.0% | +7.8% |
| 2020 | 6.9% | +71.9% |
| 2021 | 5.8% | -16.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.8% | 3.4% | 4.3% | 8 |
| 2020s | 6.4% | 5.8% | 6.9% | 2 |
Countries ranked near IDA only
More public sector data for IDA only
- Arms imports 825.00 million SIPRI trend indicator values (2023)
- Arms imports (SIPRI trend indicator values), per capita 0.6649 SIPRI trend indicator values per person (2023)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2023)
- Arms imports (SIPRI trend indicator values), annual growth rate -20.9 % change on previous year (2023)
- Arms imports (SIPRI trend indicator values), gaps filled 825.00 million SIPRI trend indicator values (2023)
- Military expenditure (current USD), per capita 20.41 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0146 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 21.05 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 25.89 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 40.44 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in IDA only?
- Net incurrence of liabilities, total in IDA only was 5.8% 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 IDA only?
- The highest recorded value was 6.9% in 2020.
- What is the lowest net incurrence of liabilities, total recorded in IDA only?
- The lowest recorded value was 3.4% in 2014.
- How does IDA only rank for net incurrence of liabilities, total?
- IDA only ranks 7th out of 21 groups with data for 2021.
- Is net incurrence of liabilities, total rising or falling in IDA only?
- Over the last ten years it is up 35.4%. The long-run trend across the full record is rising.
- Where does this IDA only 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.