Net incurrence of liabilities, total in Myanmar
Myanmar: Net incurrence of liabilities, total was 3.0% in 2019. ▲ Rising
Net incurrence of liabilities, total in Myanmar, 2003–2019
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Myanmar recorded 3.0% for net incurrence of liabilities, total in 2019.
The figure is up 83.1% on the previous year and up 70.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Myanmar peaked at 5.1% in 2015 and was at its lowest, 1.0%, in 2014.
Myanmar ranks 72nd of 136 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Net incurrence of liabilities, total in Myanmar, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2003 | 2.7% | — |
| 2004 | 2.0% | -26.3% |
| 2005 | 1.5% | -24.8% |
| 2012 | 1.8% | +19.6% |
| 2013 | 2.5% | +41.2% |
| 2014 | 1.0% | -58.8% |
| 2015 | 5.1% | +395.4% |
| 2016 | 3.1% | -39.3% |
| 2017 | 1.4% | -53.8% |
| 2018 | 1.6% | +15.0% |
| 2019 | 3.0% | +83.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.0% | 1.5% | 2.7% | 3 |
| 2010s | 2.4% | 1.0% | 5.1% | 8 |
Countries ranked near Myanmar
More public sector data for Myanmar
- Arms imports 222.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 4.07 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 73.44 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 222.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 91.95 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0677 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 100.97 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 5.01 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 196.12 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Myanmar?
- Net incurrence of liabilities, total in Myanmar was 3.0% in 2019, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Myanmar?
- The highest recorded value was 5.1% in 2015.
- What is the lowest net incurrence of liabilities, total recorded in Myanmar?
- The lowest recorded value was 1.0% in 2014.
- How does Myanmar rank for net incurrence of liabilities, total?
- Myanmar ranks 72nd out of 136 countries with data for 2019.
- Is net incurrence of liabilities, total rising or falling in Myanmar?
- Over the last ten years it is up 70.4%. The long-run trend across the full record is rising.
- Where does this Myanmar 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.