Australia vs Malaysia: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Australia
- Malaysia
How they compare
Australia currently reports 81.00 billion current LCU against 76.85 billion current LCU in Malaysia, a difference of 4.15 billion current LCU.
That makes Australia's figure about 1.1 times Malaysia's.
The two have swapped places 4 times across 18 shared years of data; in 2005 it was Malaysia ahead.
Australia ranks 59th and Malaysia ranks 61st of 136 countries.
Across the 3 decades both report, Australia averaged higher in 2 and Malaysia in 1.
Head to head by decade
| Decade | Australia | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.88 billion current LCU | 26.23 billion current LCU | 11.35 billion current LCU | Malaysia |
| 2010s | 51.35 billion current LCU | 43.02 billion current LCU | 8.33 billion current LCU | Australia |
| 2020s | 131.46 billion current LCU | 95.44 billion current LCU | 36.01 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 Malaysia?
- Australia, at 81.00 billion current LCU against 76.85 billion current LCU in Malaysia as of 2022.
- What is the difference in net incurrence of liabilities, total between Australia and Malaysia?
- 4.15 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Malaysia?
- 18 years are reported by both, from 2005 to 2022.
- How do Australia and Malaysia rank globally for net incurrence of liabilities, total?
- Australia ranks 59th and Malaysia ranks 61st 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.