Azerbaijan vs Georgia: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Azerbaijan
- Georgia
How they compare
Georgia currently reports 1.93 billion current LCU against 1.61 billion current LCU in Azerbaijan, a difference of 322.01 million current LCU.
That makes Georgia's figure about 1.2 times Azerbaijan's.
The two have swapped places 2 times across 17 shared years of data; in 2008 it was Georgia ahead.
Azerbaijan ranks 103rd and Georgia ranks 100th of 136 countries.
Georgia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Azerbaijan | Georgia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -66.15 million current LCU | 928.90 million current LCU | 995.05 million current LCU | Georgia |
| 2010s | -477.01 million current LCU | 939.17 million current LCU | 1.42 billion current LCU | Georgia |
| 2020s | 1.69 billion current LCU | 3.18 billion current LCU | 1.49 billion current LCU | Georgia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Azerbaijan or Georgia?
- Georgia, at 1.93 billion current LCU against 1.61 billion current LCU in Azerbaijan as of 2024.
- What is the difference in net incurrence of liabilities, total between Azerbaijan and Georgia?
- 322.01 million current LCU, with Georgia ahead.
- How many years of comparable data are there for Azerbaijan and Georgia?
- 17 years are reported by both, from 2008 to 2024.
- How do Azerbaijan and Georgia rank globally for net incurrence of liabilities, total?
- Azerbaijan ranks 103rd and Georgia ranks 100th 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.