Kenya vs Madagascar: Net incurrence of liabilities, total

Kenya
883.55 billion current LCU
in 2023
Madagascar
815.63 billion current LCU
in 2024
Kenya rank
33rd
Madagascar rank
35th

Net incurrence of liabilities, total over time

  • Kenya
  • Madagascar
01.0T2.0T3.0T4.0T200320132024

How they compare

Kenya currently reports 883.55 billion current LCU against 815.63 billion current LCU in Madagascar, a difference of 67.92 billion current LCU.

That makes Kenya's figure about 1.1 times Madagascar's.

The two have swapped places 4 times across 10 shared years of data; in 2014 it was Madagascar ahead.

Kenya ranks 33rd and Madagascar ranks 35th of 136 countries.

Madagascar has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Kenya Madagascar Difference Ahead
2010s 756.02 billion current LCU 760.13 billion current LCU 4.12 billion current LCU Madagascar
2020s 1.12 trillion current LCU 3.11 trillion current LCU 1.99 trillion current LCU Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, total, Kenya or Madagascar?
Kenya, at 883.55 billion current LCU against 815.63 billion current LCU in Madagascar as of 2023.
What is the difference in net incurrence of liabilities, total between Kenya and Madagascar?
67.92 billion current LCU, with Kenya ahead.
How many years of comparable data are there for Kenya and Madagascar?
10 years are reported by both, from 2014 to 2023.
How do Kenya and Madagascar rank globally for net incurrence of liabilities, total?
Kenya ranks 33rd and Madagascar ranks 35th 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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Kenya vs Madagascar: Net incurrence of liabilities, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 21 August 2026, from https://public-sector.statizoid.com/compare/net-incurrence-of-liabilities-total-current-lcu/kenya/madagascar/

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About this data

Indicator
Net incurrence of liabilities, total (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 2,974 data points, 1972–2024
Last refreshed

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.