Australia vs Mozambique: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Australia
- Mozambique
How they compare
Australia currently reports 81.00 billion current LCU against 71.65 billion current LCU in Mozambique, a difference of 9.35 billion current LCU.
That makes Australia's figure about 1.1 times Mozambique's.
The two have swapped places 2 times across 11 shared years of data; in 2010 it was Australia ahead.
Australia ranks 59th and Mozambique ranks 62nd of 136 countries.
Australia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Australia | Mozambique | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 49.37 billion current LCU | 35.27 billion current LCU | 14.10 billion current LCU | Australia |
| 2020s | 131.46 billion current LCU | 55.16 billion current LCU | 76.29 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 Mozambique?
- Australia, at 81.00 billion current LCU against 71.65 billion current LCU in Mozambique as of 2022.
- What is the difference in net incurrence of liabilities, total between Australia and Mozambique?
- 9.35 billion current LCU, with Australia ahead.
- How many years of comparable data are there for Australia and Mozambique?
- 11 years are reported by both, from 2010 to 2022.
- How do Australia and Mozambique rank globally for net incurrence of liabilities, total?
- Australia ranks 59th and Mozambique ranks 62nd 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.