Net incurrence of liabilities, total in United Arab Emirates
United Arab Emirates: Net incurrence of liabilities, total was 12.20 billion current LCU in 2024. ◆ Volatile
Net incurrence of liabilities, total in United Arab Emirates, 2011–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
United Arab Emirates recorded 12.20 billion current LCU for net incurrence of liabilities, total in 2024.
That represents a change of down 15.0% on the previous year and up 33,839.6% over ten years.
Over the whole period, net incurrence of liabilities, total in United Arab Emirates peaked at 19.26 billion current LCU in 2021 and was at its lowest, -31.40 billion current LCU, in 2013.
United Arab Emirates ranks 79th 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 |
|---|---|---|---|---|
| 2010s | -4.66 billion current LCU | -31.40 billion current LCU | 12.52 billion current LCU | 9 |
| 2020s | 12.25 billion current LCU | 1.79 billion current LCU | 19.26 billion current LCU | 5 |
Countries ranked near United Arab Emirates
More public sector data for United Arab Emirates
- Arms imports 932.00 million SIPRI trend indicator values (2024)
- Tax revenue 0.6% (2024)
- Taxes on goods and services 17.3% (2024)
- Net investment in nonfinancial assets 0.1% (2024)
- Net lending (+) / net borrowing (-) 0.4% (2024)
- Interest payments 3.0% (2024)
- Grants and other revenue 73.7% (2024)
- Interest payments 2.3% (2023)
- Compensation of employees 32.2% (2023)
- Goods and services expense 28.9% (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in United Arab Emirates?
- Net incurrence of liabilities, total in United Arab Emirates was 12.20 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 United Arab Emirates?
- The highest recorded value was 19.26 billion current LCU in 2021.
- What is the lowest net incurrence of liabilities, total recorded in United Arab Emirates?
- The lowest recorded value was -31.40 billion current LCU in 2013.
- How does United Arab Emirates rank for net incurrence of liabilities, total?
- United Arab Emirates ranks 79th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in United Arab Emirates?
- Over the last ten years it is up 33,839.6%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates 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.