Australia vs Gabon: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Australia
- Gabon
How they compare
Gabon currently reports 98.63 billion current LCU against 81.00 billion current LCU in Australia, a difference of 17.64 billion current LCU.
That makes Gabon's figure about 1.2 times Australia's.
The two have swapped places 4 times across 9 shared years of data; in 2012 it was Australia ahead.
Australia ranks 59th and Gabon ranks 58th of 136 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Gabon | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 50.69 billion current LCU | -34.28 billion current LCU | 84.97 billion current LCU | Australia |
| 2020s | 134.90 billion current LCU | 98.63 billion current LCU | 36.27 billion current LCU | Australia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Australia or Gabon?
- Gabon, at 98.63 billion current LCU against 81.00 billion current LCU in Australia as of 2021.
- What is the difference in net incurrence of liabilities, total between Australia and Gabon?
- 17.64 billion current LCU, with Gabon ahead.
- How many years of comparable data are there for Australia and Gabon?
- 9 years are reported by both, from 2012 to 2021.
- How do Australia and Gabon rank globally for net incurrence of liabilities, total?
- Australia ranks 59th and Gabon ranks 58th 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.
Individual pages
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.