Italy vs Spain: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Italy
- Spain
How they compare
Spain currently reports 65.74 billion current LCU against 64.28 billion current LCU in Italy, a difference of 1.46 billion current LCU.
Across all 12 years both countries report, Italy has been ahead every year.
Italy ranks 65th and Spain ranks 64th of 136 countries.
Italy has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Italy | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 11.35 billion current LCU | 1.65 billion current LCU | 9.69 billion current LCU | Italy |
| 1980s | 41.89 billion current LCU | 8.82 billion current LCU | 33.07 billion current LCU | Italy |
| 1990s | 64.28 billion current LCU | 11.73 billion current LCU | 52.55 billion current LCU | Italy |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Italy or Spain?
- Spain, at 65.74 billion current LCU against 64.28 billion current LCU in Italy as of 2024.
- What is the difference in net incurrence of liabilities, total between Italy and Spain?
- 1.46 billion current LCU, with Spain ahead.
- How many years of comparable data are there for Italy and Spain?
- 12 years are reported by both, from 1976 to 1991.
- How do Italy and Spain rank globally for net incurrence of liabilities, total?
- Italy ranks 65th and Spain ranks 64th 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.