Net incurrence of liabilities, total in Guatemala
Guatemala: Net incurrence of liabilities, total was 10.91 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in Guatemala, 2000–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Guatemala recorded 10.91 billion current LCU for net incurrence of liabilities, total in 2024.
Compared with earlier readings it is up 37.7% on the previous year and up 30.9% over ten years.
Over the whole period, net incurrence of liabilities, total in Guatemala peaked at 33.27 billion current LCU in 2020 and was at its lowest, 640.65 million current LCU, in 2002.
Guatemala ranks 82nd of 136 countries on this measure, 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 |
|---|---|---|---|---|
| 2000s | 4.54 billion current LCU | 640.65 million current LCU | 8.51 billion current LCU | 10 |
| 2010s | 9.07 billion current LCU | 7.43 billion current LCU | 11.65 billion current LCU | 10 |
| 2020s | 16.04 billion current LCU | 7.93 billion current LCU | 33.27 billion current LCU | 5 |
Countries ranked near Guatemala
More public sector data for Guatemala
- Arms imports 6.00 million SIPRI trend indicator values (2023)
- Tax revenue 11.6% (2024)
- Taxes on income, profits and capital gains 33.9% (2024)
- Taxes on goods and services 51.9% (2024)
- Net investment in nonfinancial assets 0.3% (2024)
- Net lending (+) / net borrowing (-) -0.9% (2024)
- Interest payments 12.5% (2024)
- Grants and other revenue 3.1% (2024)
- Interest payments 12.0% (2023)
- Other taxes 0.6% (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Guatemala?
- Net incurrence of liabilities, total in Guatemala was 10.91 billion current LCU 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 Guatemala?
- The highest recorded value was 33.27 billion current LCU in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Guatemala?
- The lowest recorded value was 640.65 million current LCU in 2002.
- How does Guatemala rank for net incurrence of liabilities, total?
- Guatemala ranks 82nd out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Guatemala?
- Over the last ten years it is up 30.9%. The long-run trend across the full record is volatile.
- Where does this Guatemala 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 — 25 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.