Australia vs Morocco: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Australia
- Morocco
How they compare
Australia currently reports 81.00 billion current LCU against 78.90 billion current LCU in Morocco, a difference of 2.09 billion current LCU.
The two have swapped places 7 times across 21 shared years of data; in 1990 it was Morocco ahead.
Australia ranks 59th and Morocco ranks 60th of 136 countries.
Across the 4 decades both report, Australia averaged higher in 3 and Morocco in 1.
Head to head by decade
| Decade | Australia | Morocco | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 161.38 million current LCU | 5.55 billion current LCU | 5.39 billion current LCU | Morocco |
| 2000s | 14.88 billion current LCU | 7.42 billion current LCU | 7.46 billion current LCU | Australia |
| 2010s | 48.15 billion current LCU | 40.48 billion current LCU | 7.68 billion current LCU | Australia |
| 2020s | 131.46 billion current LCU | 72.06 billion current LCU | 59.40 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 Morocco?
- Australia, at 81.00 billion current LCU against 78.90 billion current LCU in Morocco as of 2022.
- What is the difference in net incurrence of liabilities, total between Australia and Morocco?
- 2.09 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Morocco?
- 21 years are reported by both, from 1990 to 2022.
- How do Australia and Morocco rank globally for net incurrence of liabilities, total?
- Australia ranks 59th and Morocco ranks 60th 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.