Kenya vs Rwanda: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Kenya
- Rwanda
How they compare
Rwanda currently reports 957.05 billion current LCU against 883.55 billion current LCU in Kenya, a difference of 73.50 billion current LCU.
That makes Rwanda's figure about 1.1 times Kenya's.
The two have swapped places 3 times across 10 shared years of data; in 2014 it was Kenya ahead.
Kenya ranks 33rd and Rwanda ranks 31st of 136 countries.
Kenya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kenya | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 756.02 billion current LCU | 362.02 billion current LCU | 394.00 billion current LCU | Kenya |
| 2020s | 1.12 trillion current LCU | 1.12 trillion current LCU | 3.30 billion current LCU | Kenya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Kenya or Rwanda?
- Rwanda, at 957.05 billion current LCU against 883.55 billion current LCU in Kenya as of 2023.
- What is the difference in net incurrence of liabilities, total between Kenya and Rwanda?
- 73.50 billion current LCU, with Rwanda ahead.
- How many years of comparable data are there for Kenya and Rwanda?
- 10 years are reported by both, from 2014 to 2023.
- How do Kenya and Rwanda rank globally for net incurrence of liabilities, total?
- Kenya ranks 33rd and Rwanda ranks 31st 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.