Net incurrence of liabilities, total in Paraguay
Paraguay: Net incurrence of liabilities, total was 2.9% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Paraguay, 2005–2024
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 Paraguay is 2.9%, measured in 2024.
The figure is down 31.1% on the previous year and down 12.9% over ten years.
Over the whole period, net incurrence of liabilities, total in Paraguay peaked at 9.2% in 2020 and was at its lowest, -0.7%, in 2008.
That places Paraguay 73rd out of 136 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Paraguay, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | -0.4% | — |
| 2006 | 0.5% | -231.2% |
| 2007 | 0.4% | -24.3% |
| 2008 | -0.7% | -293.4% |
| 2009 | 0.9% | -226.7% |
| 2010 | 0.3% | -67.8% |
| 2011 | -0.2% | -179.6% |
| 2012 | 0.9% | -489.2% |
| 2013 | 1.1% | +18.0% |
| 2014 | 3.3% | +197.3% |
| 2015 | 1.1% | -67.3% |
| 2016 | 1.8% | +66.8% |
| 2017 | 1.9% | +8.8% |
| 2018 | 2.5% | +29.8% |
| 2019 | 3.0% | +19.1% |
| 2020 | 9.2% | +206.5% |
| 2021 | 4.0% | -57.0% |
| 2022 | 2.7% | -31.0% |
| 2023 | 4.1% | +51.7% |
| 2024 | 2.9% | -31.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1% | -0.7% | 0.9% | 5 |
| 2010s | 1.6% | -0.2% | 3.3% | 10 |
| 2020s | 4.6% | 2.7% | 9.2% | 5 |
Countries ranked near Paraguay
More public sector data for Paraguay
- Arms imports 5.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 0.748 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), annual growth rate -100 % change on previous year (2013)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 59.74 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 4.12 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 413.97 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 12.58 SIPRI trend indicator values per square kilometre (2021)
Frequently asked questions
- What is net incurrence of liabilities, total in Paraguay?
- Net incurrence of liabilities, total in Paraguay was 2.9% 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 Paraguay?
- The highest recorded value was 9.2% in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Paraguay?
- The lowest recorded value was -0.7% in 2008.
- How does Paraguay rank for net incurrence of liabilities, total?
- Paraguay ranks 73rd out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Paraguay?
- Over the last ten years it is down 12.9%. The long-run trend across the full record is volatile.
- Where does this Paraguay 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.