Mexico vs Turkey: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Mexico
- Turkey
How they compare
Mexico currently reports 2.41 trillion current LCU against 2.30 trillion current LCU in Turkey, a difference of 117.46 billion current LCU.
That makes Mexico's figure about 1.1 times Turkey's.
The two have swapped places 2 times across 17 shared years of data; in 2008 it was Mexico ahead.
Mexico ranks 19th and Turkey ranks 21st of 136 countries.
Mexico has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Mexico | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 316.58 billion current LCU | 38.26 billion current LCU | 278.32 billion current LCU | Mexico |
| 2010s | 556.67 billion current LCU | 61.68 billion current LCU | 494.99 billion current LCU | Mexico |
| 2020s | 1.36 trillion current LCU | 1.33 trillion current LCU | 35.94 billion current LCU | Mexico |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Mexico or Turkey?
- Mexico, at 2.41 trillion current LCU against 2.30 trillion current LCU in Turkey as of 2024.
- What is the difference in net incurrence of liabilities, total between Mexico and Turkey?
- 117.46 billion current LCU, with Mexico ahead.
- How many years of comparable data are there for Mexico and Turkey?
- 17 years are reported by both, from 2008 to 2024.
- How do Mexico and Turkey rank globally for net incurrence of liabilities, total?
- Mexico ranks 19th and Turkey ranks 21st 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.