Net incurrence of liabilities, total in Lebanon
Lebanon: Net incurrence of liabilities, total was 1.13 trillion current LCU in 2024. ▲ Rising
Net incurrence of liabilities, total in Lebanon, 1997–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net incurrence of liabilities, total in Lebanon stood at 1.13 trillion current LCU. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 75.5% on the previous year and down 78.9% over ten years.
Over the whole period, net incurrence of liabilities, total in Lebanon peaked at 9.51 trillion current LCU in 2019 and was at its lowest, 1.13 trillion current LCU, in 2024.
Lebanon ranks 30th of 136 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 26 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.67 trillion current LCU | 3.44 trillion current LCU | 5.89 trillion current LCU | 3 |
| 2000s | 4.45 trillion current LCU | 2.45 trillion current LCU | 7.50 trillion current LCU | 10 |
| 2010s | 6.31 trillion current LCU | 2.44 trillion current LCU | 9.51 trillion current LCU | 10 |
| 2020s | 3.90 trillion current LCU | 1.13 trillion current LCU | 5.96 trillion current LCU | 3 |
Countries ranked near Lebanon
- 27 Costa Rica 1.29 trillion current LCU compare
- 28 Philippines 1.28 trillion current LCU compare
- 29 Laos 1.27 trillion current LCU compare
- 31 Rwanda 957.05 billion current LCU compare
- 32 Burkina Faso 900.19 billion current LCU compare
- 33 Kenya 883.55 billion current LCU compare
More public sector data for Lebanon
- Arms imports 9.00 million SIPRI trend indicator values (2024)
- Tax revenue 11.1% (2024)
- Taxes on income, profits and capital gains 7.8% (2024)
- Taxes on goods and services 48.4% (2024)
- Net investment in nonfinancial assets 0.3% (2024)
- Net lending (+) / net borrowing (-) 1.2% (2024)
- Interest payments 5.4% (2024)
- Grants and other revenue 17.2% (2024)
- Interest payments 15.2% (2021)
- Other taxes 17.3% (2024)
Frequently asked questions
- What is net incurrence of liabilities, total in Lebanon?
- Net incurrence of liabilities, total in Lebanon was 1.13 trillion 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 Lebanon?
- The highest recorded value was 9.51 trillion current LCU in 2019.
- What is the lowest net incurrence of liabilities, total recorded in Lebanon?
- The lowest recorded value was 1.13 trillion current LCU in 2024.
- How does Lebanon rank for net incurrence of liabilities, total?
- Lebanon ranks 30th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Lebanon?
- Over the last ten years it is down 78.9%. The long-run trend across the full record is rising.
- Where does this Lebanon 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.