Net incurrence of liabilities, total in Luxembourg
Luxembourg: Net incurrence of liabilities, total was -1.3% in 1994. ◆ Volatile
Net incurrence of liabilities, total in Luxembourg, 1980–1994
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 1994, net incurrence of liabilities, total in Luxembourg stood at -1.3%.
Compared with earlier readings it is down 478.3% on the previous year and down 197.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Luxembourg peaked at 0.3% in 1991 and was at its lowest, -2.3%, in 1987.
That places Luxembourg 132nd out of 136 countries with data for 1994, 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 Luxembourg, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | -1.5% | — |
| 1981 | -0.8% | -44.7% |
| 1982 | -0.4% | -52.0% |
| 1983 | -0.1% | -76.3% |
| 1984 | -0.4% | +355.1% |
| 1985 | -1.4% | +234.7% |
| 1986 | -2.2% | +52.9% |
| 1987 | -2.3% | +5.7% |
| 1988 | -2.3% | -2.7% |
| 1989 | -2.2% | -4.2% |
| 1990 | -2.2% | +0.0% |
| 1991 | 0.3% | -115.6% |
| 1994 | -1.3% | -478.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.4% | -2.3% | -0.1% | 10 |
| 1990s | -1.0% | -2.2% | 0.3% | 3 |
Countries ranked near Luxembourg
- 129 Jamaica -0.9%
- 130 Saint Kitts and Nevis -1.0%
- 131 Seychelles -1.2% compare
- 133 Timor-Leste -1.9%
- 134 Naoero -2.0%
- 135 Samoa -2.4%
More public sector data for Luxembourg
- Arms imports 3.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.43 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), gaps filled 3.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,287 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0093 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 31.57 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 871.64 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 388.43 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 257,332 current USD per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Luxembourg?
- Net incurrence of liabilities, total in Luxembourg was -1.3% in 1994, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Luxembourg?
- The highest recorded value was 0.3% in 1991.
- What is the lowest net incurrence of liabilities, total recorded in Luxembourg?
- The lowest recorded value was -2.3% in 1987.
- How does Luxembourg rank for net incurrence of liabilities, total?
- Luxembourg ranks 132nd out of 136 countries with data for 1994.
- Is net incurrence of liabilities, total rising or falling in Luxembourg?
- Over the last ten years it is down 197.4%. The long-run trend across the full record is volatile.
- Where does this Luxembourg 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.