Net incurrence of liabilities, total in Nauru
Nauru: Net incurrence of liabilities, total was -3.75 million current LCU in 2020. ◆ Volatile
Net incurrence of liabilities, total in Nauru, 2014–2020
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net incurrence of liabilities, total in Nauru is -3.75 million current LCU, measured in 2020.
The figure is down 235.8% on the previous year and up 70.4% over ten years.
Nauru ranks 124th of 136 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.71 million current LCU | -12.67 million current LCU | 23.43 million current LCU | 6 |
| 2020s | -3.75 million current LCU | -3.75 million current LCU | -3.75 million current LCU | 1 |
Countries ranked near Nauru
- 121 Andorra 4.87 million current LCU compare
- 122 Tonga 693,426 current LCU compare
- 123 Marshall Islands -241,000 current LCU compare
- 125 Kiribati -12.76 million current LCU compare
- 126 Saint Lucia -23.24 million current LCU compare
- 127 Saint Kitts and Nevis -24.10 million current LCU compare
More public sector data for Nauru
- Tax revenue 21.4% (2024)
- Taxes on income, profits and capital gains 8.7% (2024)
- Taxes on goods and services 2.7% (2024)
- Net investment in nonfinancial assets 9.2% (2024)
- Net lending (+) / net borrowing (-) 15.1% (2024)
- Grants and other revenue 83.2% (2024)
- Compensation of employees 33.9% (2020)
- Goods and services expense 35.6% (2020)
- Taxes on international trade 5.3% (2024)
- Subsidies and other transfers 26.0% (2020)
Frequently asked questions
- What is net incurrence of liabilities, total in Nauru?
- Net incurrence of liabilities, total in Nauru was -3.75 million 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 Nauru?
- The highest recorded value was 23.43 million current LCU in 2015.
- What is the lowest net incurrence of liabilities, total recorded in Nauru?
- The lowest recorded value was -12.67 million current LCU in 2014.
- How does Nauru rank for net incurrence of liabilities, total?
- Nauru ranks 124th out of 136 countries with data for 2020.
- Is net incurrence of liabilities, total rising or falling in Nauru?
- Over the last ten years it is up 70.4%. The long-run trend across the full record is volatile.
- Where does this Nauru 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.