India vs Paraguay: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- India
- Paraguay
How they compare
India currently reports 17.63 trillion current LCU against 9.66 trillion current LCU in Paraguay, a difference of 7.97 trillion current LCU.
That makes India's figure about 1.8 times Paraguay's.
The two have swapped places 4 times across 15 shared years of data; in 2005 it was India ahead.
India ranks 7th and Paraguay ranks 8th of 136 countries.
India has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | India | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.04 trillion current LCU | 143.20 billion current LCU | 1.89 trillion current LCU | India |
| 2010s | 4.98 trillion current LCU | 2.77 trillion current LCU | 2.21 trillion current LCU | India |
| 2020s | 17.63 trillion current LCU | 7.98 trillion current LCU | 9.64 trillion current LCU | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, India or Paraguay?
- India, at 17.63 trillion current LCU against 9.66 trillion current LCU in Paraguay as of 2022.
- What is the difference in net incurrence of liabilities, total between India and Paraguay?
- 7.97 trillion current LCU, with India ahead.
- How many years of comparable data are there for India and Paraguay?
- 15 years are reported by both, from 2005 to 2022.
- How do India and Paraguay rank globally for net incurrence of liabilities, total?
- India ranks 7th and Paraguay ranks 8th 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.