Australia vs Equatorial Guinea: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Australia
- Equatorial Guinea
How they compare
Equatorial Guinea currently reports 99.50 billion current LCU against 81.00 billion current LCU in Australia, a difference of 18.50 billion current LCU.
That makes Equatorial Guinea's figure about 1.2 times Australia's.
The two have swapped places 3 times across 9 shared years of data; in 2006 it was Australia ahead.
Australia ranks 59th and Equatorial Guinea ranks 57th of 136 countries.
Across the 2 decades both report, Australia averaged higher in 1 and Equatorial Guinea in 1.
Head to head by decade
| Decade | Australia | Equatorial Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 18.43 billion current LCU | -12.91 billion current LCU | 31.34 billion current LCU | Australia |
| 2010s | 52.54 billion current LCU | 95.08 billion current LCU | 42.54 billion current LCU | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Australia or Equatorial Guinea?
- Equatorial Guinea, at 99.50 billion current LCU against 81.00 billion current LCU in Australia as of 2014.
- What is the difference in net incurrence of liabilities, total between Australia and Equatorial Guinea?
- 18.50 billion current LCU, with Equatorial Guinea ahead.
- How many years of comparable data are there for Australia and Equatorial Guinea?
- 9 years are reported by both, from 2006 to 2014.
- How do Australia and Equatorial Guinea rank globally for net incurrence of liabilities, total?
- Australia ranks 59th and Equatorial Guinea ranks 57th 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.