Net incurrence of liabilities, total in United Arab Emirates
United Arab Emirates: Net incurrence of liabilities, total was 0.6% in 2024. ◆ Volatile
Net incurrence of liabilities, total in United Arab Emirates, 2011–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, net incurrence of liabilities, total in United Arab Emirates stood at 0.6%.
The figure is down 19.6% on the previous year and up 26,011.7% over ten years.
Over the whole period, net incurrence of liabilities, total in United Arab Emirates peaked at 1.2% in 2021 and was at its lowest, -2.1%, in 2013.
That places United Arab Emirates 111th 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 United Arab Emirates, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2011 | -0.3% | — |
| 2012 | -1.1% | +239.3% |
| 2013 | -2.1% | +94.4% |
| 2014 | 0.0% | -100.1% |
| 2015 | 0.9% | +38641.7% |
| 2016 | 0.8% | -14.4% |
| 2017 | 0.4% | -47.1% |
| 2018 | 0.0% | -94.4% |
| 2019 | -1.3% | -5792.7% |
| 2020 | 0.1% | -110.6% |
| 2021 | 1.2% | +810.8% |
| 2022 | 0.7% | -41.5% |
| 2023 | 0.7% | +3.0% |
| 2024 | 0.6% | -19.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.3% | -2.1% | 0.9% | 9 |
| 2020s | 0.7% | 0.1% | 1.2% | 5 |
Countries ranked near United Arab Emirates
More public sector data for United Arab Emirates
- Arms imports 932.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 84.83 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0017 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -1.69 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 932.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,823 current USD per person (2014)
- Military expenditure (current USD), per unit of GDP 0.0535 current USD per US$ of GDP (2014)
- Military expenditure (current USD), annual growth rate -3.42 % change on previous year (2014)
- Military expenditure (current USD), gaps filled 22.76 billion current USD (2014)
- Arms imports (SIPRI trend indicator values), per square kilometre 13,348 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in United Arab Emirates?
- Net incurrence of liabilities, total in United Arab Emirates was 0.6% 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 United Arab Emirates?
- The highest recorded value was 1.2% in 2021.
- What is the lowest net incurrence of liabilities, total recorded in United Arab Emirates?
- The lowest recorded value was -2.1% in 2013.
- How does United Arab Emirates rank for net incurrence of liabilities, total?
- United Arab Emirates ranks 111th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in United Arab Emirates?
- Over the last ten years it is up 26,011.7%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates 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.