Kazakhstan vs Russia: Net incurrence of liabilities, total (current LCU)
Net incurrence of liabilities, total (current LCU) over time
- Kazakhstan
- Russia
How they compare
Kazakhstan currently reports 2.84 trillion current LCU against 2.59 trillion current LCU in Russia, a difference of 252.69 billion current LCU.
That makes Kazakhstan's figure about 1.1 times Russia's.
The two have swapped places 7 times across 21 shared years of data; in 1998 it was Russia ahead.
Kazakhstan ranks 15th and Russia ranks 17th of 136 countries.
Across the 4 decades both report, Kazakhstan averaged higher in 1 and Russia in 3.
Head to head by decade
| Decade | Kazakhstan | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 69.63 billion current LCU | 122.57 billion current LCU | 52.94 billion current LCU | Russia |
| 2000s | 17.26 billion current LCU | -319.09 billion current LCU | 336.35 billion current LCU | Kazakhstan |
| 2010s | 919.11 billion current LCU | 1.27 trillion current LCU | 346.97 billion current LCU | Russia |
| 2020s | 2.53 trillion current LCU | 3.02 trillion current LCU | 488.87 billion current LCU | Russia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Kazakhstan or Russia?
- Kazakhstan, at 2.84 trillion current LCU against 2.59 trillion current LCU in Russia as of 2023.
- What is the difference in net incurrence of liabilities, total between Kazakhstan and Russia?
- 252.69 billion current LCU, with Kazakhstan ahead.
- How many years of comparable data are there for Kazakhstan and Russia?
- 21 years are reported by both, from 1998 to 2023.
- How do Kazakhstan and Russia rank globally for net incurrence of liabilities, total?
- Kazakhstan ranks 15th and Russia ranks 17th 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.