Net incurrence of liabilities, total in Lebanon
Lebanon: Net incurrence of liabilities, total was 0.0% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Lebanon, 1997–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Lebanon recorded 0.0% for net incurrence of liabilities, total in 2024. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 97.1% on the previous year and down 99.3% over ten years.
Over the whole period, net incurrence of liabilities, total in Lebanon peaked at 22.6% in 2000 and was at its lowest, 0.0%, in 2024.
That places Lebanon 122nd out of 136 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Lebanon, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1997 | 14.2% | — |
| 1998 | 17.9% | +26.0% |
| 1999 | 22.5% | +25.8% |
| 2000 | 22.6% | +0.5% |
| 2001 | 18.1% | -19.9% |
| 2002 | 13.8% | -23.8% |
| 2003 | 12.0% | -13.4% |
| 2004 | 11.2% | -5.9% |
| 2005 | 11.6% | +3.4% |
| 2006 | 7.8% | -32.7% |
| 2007 | 6.6% | -16.3% |
| 2008 | 17.1% | +160.9% |
| 2009 | 11.7% | -31.4% |
| 2010 | 4.7% | -60.3% |
| 2011 | 4.1% | -12.8% |
| 2012 | 9.5% | +135.0% |
| 2013 | 12.5% | +31.1% |
| 2014 | 7.4% | -41.0% |
| 2015 | 8.1% | +10.1% |
| 2016 | 8.8% | +8.6% |
| 2017 | 8.2% | -7.0% |
| 2018 | 10.3% | +24.9% |
| 2019 | 11.9% | +15.6% |
| 2020 | 5.1% | -57.0% |
| 2021 | 1.7% | -66.7% |
| 2024 | 0.0% | -97.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 18.2% | 14.2% | 22.5% | 3 |
| 2000s | 13.3% | 6.6% | 22.6% | 10 |
| 2010s | 8.5% | 4.1% | 12.5% | 10 |
| 2020s | 2.3% | 0.0% | 5.1% | 3 |
Countries ranked near Lebanon
- 119 Kyrgyzstan 0.1% compare
- 120 Andorra 0.1% compare
- 121 Tonga 0.0% compare
- 123 Marshall Islands -0.1% compare
- 124 Netherlands -0.1%
- 125 Bolivia, Plurinational State of -0.3% compare
More public sector data for Lebanon
- Arms imports 9.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 1.55 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -35.71 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 9.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 109.45 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0245 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 122.03 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 635.47 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 1,369 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Lebanon?
- Net incurrence of liabilities, total in Lebanon was 0.0% 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 Lebanon?
- The highest recorded value was 22.6% in 2000.
- What is the lowest net incurrence of liabilities, total recorded in Lebanon?
- The lowest recorded value was 0.0% in 2024.
- How does Lebanon rank for net incurrence of liabilities, total?
- Lebanon ranks 122nd out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Lebanon?
- Over the last ten years it is down 99.3%. The long-run trend across the full record is volatile.
- Where does this Lebanon 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.