Guinea-Bissau vs Saudi Arabia: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Guinea-Bissau
- Saudi Arabia
How they compare
Saudi Arabia currently reports 152.47 billion current LCU against 126.91 billion current LCU in Guinea-Bissau, a difference of 25.56 billion current LCU.
That makes Saudi Arabia's figure about 1.2 times Guinea-Bissau's.
The two have swapped places 2 times across 8 shared years of data; in 2017 it was Saudi Arabia ahead.
Guinea-Bissau ranks 53rd and Saudi Arabia ranks 52nd of 136 countries.
Saudi Arabia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 31.73 billion current LCU | 118.83 billion current LCU | 87.10 billion current LCU | Saudi Arabia |
| 2020s | 95.76 billion current LCU | 115.31 billion current LCU | 19.55 billion current LCU | Saudi Arabia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Guinea-Bissau or Saudi Arabia?
- Saudi Arabia, at 152.47 billion current LCU against 126.91 billion current LCU in Guinea-Bissau as of 2024.
- What is the difference in net incurrence of liabilities, total between Guinea-Bissau and Saudi Arabia?
- 25.56 billion current LCU, with Saudi Arabia ahead.
- How many years of comparable data are there for Guinea-Bissau and Saudi Arabia?
- 8 years are reported by both, from 2017 to 2024.
- How do Guinea-Bissau and Saudi Arabia rank globally for net incurrence of liabilities, total?
- Guinea-Bissau ranks 53rd and Saudi Arabia ranks 52nd 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.