Armenia vs Ethiopia: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Armenia
- Ethiopia
How they compare
Armenia currently reports 399.87 billion current LCU against 253.89 billion current LCU in Ethiopia, a difference of 145.98 billion current LCU.
That makes Armenia's figure about 1.6 times Ethiopia's.
The two have swapped places 2 times across 21 shared years of data; in 2004 it was Armenia ahead.
Armenia ranks 41st and Ethiopia ranks 44th of 136 countries.
Armenia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Ethiopia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 109.69 billion current LCU | 27.69 billion current LCU | 82.00 billion current LCU | Armenia |
| 2010s | 202.61 billion current LCU | 69.55 billion current LCU | 133.06 billion current LCU | Armenia |
| 2020s | 389.92 billion current LCU | 230.79 billion current LCU | 159.13 billion current LCU | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Armenia or Ethiopia?
- Armenia, at 399.87 billion current LCU against 253.89 billion current LCU in Ethiopia as of 2024.
- What is the difference in net incurrence of liabilities, total between Armenia and Ethiopia?
- 145.98 billion current LCU, with Armenia ahead.
- How many years of comparable data are there for Armenia and Ethiopia?
- 21 years are reported by both, from 2004 to 2024.
- How do Armenia and Ethiopia rank globally for net incurrence of liabilities, total?
- Armenia ranks 41st and Ethiopia ranks 44th of 136 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net incurrence of liabilities, total (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.