Net incurrence of liabilities, total in Bhutan
Bhutan: Net incurrence of liabilities, total was 11.71 billion current LCU in 2020. ◆ Volatile
Net incurrence of liabilities, total in Bhutan, 1982–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Bhutan recorded 11.71 billion current LCU for net incurrence of liabilities, total in 2020.
That represents a change of up 549.8% on the previous year and up 5,981.4% over ten years.
Over the whole period, net incurrence of liabilities, total in Bhutan peaked at 28.63 billion current LCU in 2016 and was at its lowest, -1.32 billion current LCU, in 2008.
That places Bhutan 81st out of 136 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 141.87 million current LCU | -20.50 million current LCU | 470.60 million current LCU | 7 |
| 1990s | 63.51 million current LCU | -311.40 million current LCU | 390.00 million current LCU | 10 |
| 2000s | 735.52 million current LCU | -1.32 billion current LCU | 2.90 billion current LCU | 10 |
| 2010s | 7.11 billion current LCU | -1.22 billion current LCU | 28.63 billion current LCU | 10 |
| 2020s | 11.71 billion current LCU | 11.71 billion current LCU | 11.71 billion current LCU | 1 |
Countries ranked near Bhutan
More public sector data for Bhutan
- Arms imports 4.00 million SIPRI trend indicator values (2021)
- Tax revenue 12.3% (2020)
- Taxes on income, profits and capital gains 19.9% (2020)
- Taxes on goods and services 17.9% (2020)
- Net investment in nonfinancial assets 8.6% (2020)
- Net lending (+) / net borrowing (-) -2.5% (2020)
- Interest payments 1.5% (2020)
- Grants and other revenue 58.7% (2020)
- Interest payments 1.9% (2020)
- Other taxes 0.0% (2020)
Frequently asked questions
- What is net incurrence of liabilities, total in Bhutan?
- Net incurrence of liabilities, total in Bhutan was 11.71 billion current LCU in 2020, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Bhutan?
- The highest recorded value was 28.63 billion current LCU in 2016.
- What is the lowest net incurrence of liabilities, total recorded in Bhutan?
- The lowest recorded value was -1.32 billion current LCU in 2008.
- How does Bhutan rank for net incurrence of liabilities, total?
- Bhutan ranks 81st out of 136 countries with data for 2020.
- Is net incurrence of liabilities, total rising or falling in Bhutan?
- Over the last ten years it is up 5,981.4%. The long-run trend across the full record is volatile.
- Where does this Bhutan 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 (current LCU). 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.