Net incurrence of liabilities, total in East Timor
East Timor: Net incurrence of liabilities, total was -59.55 million current LCU in 2022. ◆ Volatile
Net incurrence of liabilities, total in East Timor, 2014–2022
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 East Timor is -59.55 million current LCU, measured in 2022. That is the lowest value across all 8 years on record.
The figure is down 444.4% on the previous year and down 2,085.1% over ten years.
Over the whole period, net incurrence of liabilities, total in East Timor peaked at 48.51 million current LCU in 2019 and was at its lowest, -59.55 million current LCU, in 2022.
East Timor ranks 128th of 136 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 31.17 million current LCU | 3.00 million current LCU | 48.51 million current LCU | 5 |
| 2020s | -3.90 million current LCU | -59.55 million current LCU | 30.58 million current LCU | 3 |
Countries ranked near East Timor
- 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
- 129 Samoa -69.71 million current LCU compare
- 130 Seychelles -112.03 million current LCU compare
- 131 Luxembourg -187.28 million current LCU compare
More public sector data for East Timor
- Tax revenue 21.6% (2022)
- Taxes on income, profits and capital gains 30.2% (2022)
- Taxes on goods and services 5.4% (2022)
- Net investment in nonfinancial assets 4.4% (2022)
- Net lending (+) / net borrowing (-) 1.6% (2022)
- Interest payments 0.1% (2022)
- Grants and other revenue 63.0% (2022)
- Interest payments 0.1% (2022)
- Other taxes 0.1% (2022)
- Compensation of employees 14.7% (2022)
Frequently asked questions
- What is net incurrence of liabilities, total in East Timor?
- Net incurrence of liabilities, total in East Timor was -59.55 million current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in East Timor?
- The highest recorded value was 48.51 million current LCU in 2019.
- What is the lowest net incurrence of liabilities, total recorded in East Timor?
- The lowest recorded value was -59.55 million current LCU in 2022.
- How does East Timor rank for net incurrence of liabilities, total?
- East Timor ranks 128th out of 136 countries with data for 2022.
- Is net incurrence of liabilities, total rising or falling in East Timor?
- Over the last ten years it is down 2,085.1%. The long-run trend across the full record is volatile.
- Where does this East Timor 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.