Net incurrence of liabilities, total in Gabon
Gabon: Net incurrence of liabilities, total was 98.63 billion current LCU in 2021. ◆ Volatile
Net incurrence of liabilities, total in Gabon, 2012–2021
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2021, net incurrence of liabilities, total in Gabon stood at 98.63 billion current LCU.
That represents a change of up 132.0% on the previous year and up 159.8% over ten years.
Over the whole period, net incurrence of liabilities, total in Gabon peaked at 201.41 billion current LCU in 2016 and was at its lowest, -307.91 billion current LCU, in 2019.
Gabon ranks 58th of 136 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -34.28 billion current LCU | -307.91 billion current LCU | 201.41 billion current LCU | 8 |
| 2020s | 98.63 billion current LCU | 98.63 billion current LCU | 98.63 billion current LCU | 1 |
Countries ranked near Gabon
More public sector data for Gabon
- Arms imports 1.00 million SIPRI trend indicator values (2024)
- Tax revenue 9.5% (2021)
- Taxes on income, profits and capital gains 23.9% (2021)
- Taxes on goods and services 14.0% (2021)
- Net investment in nonfinancial assets 2.5% (2021)
- Net lending (+) / net borrowing (-) -1.5% (2021)
- Interest payments 18.9% (2021)
- Grants and other revenue 35.6% (2021)
- Interest payments 20.4% (2021)
- Other taxes 5.1% (2021)
Frequently asked questions
- What is net incurrence of liabilities, total in Gabon?
- Net incurrence of liabilities, total in Gabon was 98.63 billion current LCU in 2021, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Gabon?
- The highest recorded value was 201.41 billion current LCU in 2016.
- What is the lowest net incurrence of liabilities, total recorded in Gabon?
- The lowest recorded value was -307.91 billion current LCU in 2019.
- How does Gabon rank for net incurrence of liabilities, total?
- Gabon ranks 58th out of 136 countries with data for 2021.
- Is net incurrence of liabilities, total rising or falling in Gabon?
- Over the last ten years it is up 159.8%. The long-run trend across the full record is volatile.
- Where does this Gabon 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.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.