India vs Iran: Net incurrence of liabilities, total (current LCU)
Net incurrence of liabilities, total (current LCU) over time
- India
- Iran
How they compare
Iran currently reports 29.32 trillion current LCU against 17.63 trillion current LCU in India, a difference of 11.70 trillion current LCU.
That makes Iran's figure about 1.7 times India's.
The two have swapped places 2 times across 8 shared years of data; in 1999 it was Iran ahead.
India ranks 7th and Iran ranks 5th of 136 countries.
Iran has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | India | Iran | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 1.05 trillion current LCU | 3.28 trillion current LCU | 2.22 trillion current LCU | Iran |
| 2000s | 1.26 trillion current LCU | 8.33 trillion current LCU | 7.07 trillion current LCU | Iran |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, India or Iran?
- Iran, at 29.32 trillion current LCU against 17.63 trillion current LCU in India as of 2006.
- What is the difference in net incurrence of liabilities, total between India and Iran?
- 11.70 trillion current LCU, with Iran ahead.
- How many years of comparable data are there for India and Iran?
- 8 years are reported by both, from 1999 to 2006.
- How do India and Iran rank globally for net incurrence of liabilities, total?
- India ranks 7th and Iran ranks 5th 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.