🇳🇦 Namibia Net incurrence of liabilities
Namibia Net incurrence of liabilities was $8.90B in 2023, down 34.5% from 2022, according to World Bank data. The 10-year average is $11.15B. Historical data available from 2000 to 2023 (24 data points). The all-time high was $18.75B in 2015.
Source: World Bank World Development Indicators • 2000–2023 • 24 data points • Public Sector
Latest Value
$8.90B
2023
Year-on-Year
-34.5%
vs 2022
10-Year Average
$11.15B
2014–2023
Range
High: $18.75B (2015)
Low: -674,197,464 (2009)
Namibia Net incurrence of liabilities, total (current LCU) — 2000 to 2023
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About this Indicator
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.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | $8.90B |
| 2022 | $13.57B |
| 2021 | $17.00B |
| 2020 | $13.58B |
| 2019 | $7.56B |
| 2018 | $8.97B |
| 2017 | $9.97B |
| 2016 | $8.49B |
| 2015 | $18.75B |
| 2014 | $4.67B |
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<iframe src="https://nationstat.com/country/namibia/net-incurrence-of-liabilities-total-current-lcu" width="800" height="500" frameborder="0"></iframe>Compare with Other Countries
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