Armenia vs South Africa: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Armenia
- South Africa
How they compare
South Africa currently reports 414.86 billion current LCU against 399.87 billion current LCU in Armenia, a difference of 14.99 billion current LCU.
The two have swapped places 6 times across 21 shared years of data; in 2004 it was South Africa ahead.
Armenia ranks 41st and South Africa ranks 40th of 136 countries.
Across the 3 decades both report, Armenia averaged higher in 1 and South Africa in 2.
Head to head by decade
| Decade | Armenia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 109.69 billion current LCU | 67.55 billion current LCU | 42.14 billion current LCU | Armenia |
| 2010s | 202.61 billion current LCU | 241.78 billion current LCU | 39.17 billion current LCU | South Africa |
| 2020s | 389.92 billion current LCU | 407.59 billion current LCU | 17.67 billion current LCU | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Armenia or South Africa?
- South Africa, at 414.86 billion current LCU against 399.87 billion current LCU in Armenia as of 2024.
- What is the difference in net incurrence of liabilities, total between Armenia and South Africa?
- 14.99 billion current LCU, with South Africa ahead.
- How many years of comparable data are there for Armenia and South Africa?
- 21 years are reported by both, from 2004 to 2024.
- How do Armenia and South Africa rank globally for net incurrence of liabilities, total?
- Armenia ranks 41st and South Africa ranks 40th 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.