Madagascar vs Thailand: Net incurrence of liabilities, total

Madagascar
815.63 billion current LCU
in 2024
Thailand
571.50 billion current LCU
in 2024
Madagascar rank
35th
Thailand rank
37th

Net incurrence of liabilities, total over time

  • Madagascar
  • Thailand
01.0T2.0T3.0T4.0T197219982024

How they compare

Madagascar currently reports 815.63 billion current LCU against 571.50 billion current LCU in Thailand, a difference of 244.13 billion current LCU.

That makes Madagascar's figure about 1.4 times Thailand's.

The two have swapped places 4 times across 22 shared years of data; in 2003 it was Madagascar ahead.

Madagascar ranks 35th and Thailand ranks 37th of 136 countries.

Madagascar has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Madagascar Thailand Difference Ahead
2000s 419.58 billion current LCU 160.36 billion current LCU 259.21 billion current LCU Madagascar
2010s 550.22 billion current LCU 294.43 billion current LCU 255.79 billion current LCU Madagascar
2020s 2.65 trillion current LCU 863.46 billion current LCU 1.79 trillion current LCU Madagascar

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, total, Madagascar or Thailand?
Madagascar, at 815.63 billion current LCU against 571.50 billion current LCU in Thailand as of 2024.
What is the difference in net incurrence of liabilities, total between Madagascar and Thailand?
244.13 billion current LCU, with Madagascar ahead.
How many years of comparable data are there for Madagascar and Thailand?
22 years are reported by both, from 2003 to 2024.
How do Madagascar and Thailand rank globally for net incurrence of liabilities, total?
Madagascar ranks 35th and Thailand ranks 37th 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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Madagascar vs Thailand: Net incurrence of liabilities, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 25 August 2026, from https://public-sector.statizoid.com/compare/net-incurrence-of-liabilities-total-current-lcu/madagascar/thailand/

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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.