Somalia SO: Net Incurrence of Liabilities

Somalia SO: Net Incurrence of Liabilities data was reported at -1.680 SOS mn in 2024. This records an increase from the previous number of -1,699.484 SOS mn for 2023. Somalia SO: Net Incurrence of Liabilities data is updated yearly, averaging 32.043 SOS mn from Dec 2021 (Median) to 2024, with 4 observations. The data reached an all-time high of 61.209 SOS mn in 2021 and a record low of -1,699.484 SOS mn in 2023. Somalia SO: Net Incurrence of Liabilities data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Somalia – Table SO.World Bank.WDI: Government Revenue, Expenditure and Finance. 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.;Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF);;

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What was Somalia's Somalia SO: Net Incurrence of Liabilities in 2024?

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