Net incurrence of liabilities, total in Samoa
Samoa: Net incurrence of liabilities, total was -69.71 million current LCU in 2023. ◆ Volatile
Net incurrence of liabilities, total in Samoa, 2012–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Samoa recorded -69.71 million current LCU for net incurrence of liabilities, total in 2023. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 46.6% on the previous year and down 185.5% over ten years.
Over the whole period, net incurrence of liabilities, total in Samoa peaked at 127.03 million current LCU in 2012 and was at its lowest, -69.71 million current LCU, in 2023.
Samoa ranks 129th of 136 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 34.43 million current LCU | -59.98 million current LCU | 127.03 million current LCU | 8 |
| 2020s | -47.29 million current LCU | -69.71 million current LCU | -25.85 million current LCU | 4 |
Countries ranked near Samoa
- 126 Saint Lucia -23.24 million current LCU compare
- 127 Saint Kitts and Nevis -24.10 million current LCU compare
- 128 East Timor -59.55 million current LCU compare
- 130 Seychelles -112.03 million current LCU compare
- 131 Luxembourg -187.28 million current LCU compare
- 132 Bolivia -314.45 million current LCU compare
More public sector data for Samoa
- Tax revenue 24.0% (2023)
- Taxes on income, profits and capital gains 13.8% (2023)
- Taxes on goods and services 45.1% (2023)
- Net investment in nonfinancial assets 4.6% (2023)
- Net lending (+) / net borrowing (-) 4.4% (2023)
- Interest payments 1.2% (2023)
- Grants and other revenue 31.5% (2023)
- Interest payments 1.7% (2023)
- Other taxes 0.0% (2023)
- Compensation of employees 46.1% (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Samoa?
- Net incurrence of liabilities, total in Samoa was -69.71 million current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Samoa?
- The highest recorded value was 127.03 million current LCU in 2012.
- What is the lowest net incurrence of liabilities, total recorded in Samoa?
- The lowest recorded value was -69.71 million current LCU in 2023.
- How does Samoa rank for net incurrence of liabilities, total?
- Samoa ranks 129th out of 136 countries with data for 2023.
- Is net incurrence of liabilities, total rising or falling in Samoa?
- Over the last ten years it is down 185.5%. The long-run trend across the full record is volatile.
- Where does this Samoa 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.