South Africa vs Thailand: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- South Africa
- Thailand
How they compare
Thailand currently reports 571.50 billion current LCU against 414.86 billion current LCU in South Africa, a difference of 156.64 billion current LCU.
That makes Thailand's figure about 1.4 times South Africa's.
The two have swapped places 12 times across 53 shared years of data; in 1972 it was Thailand ahead.
South Africa ranks 40th and Thailand ranks 37th of 136 countries.
Thailand has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | South Africa | Thailand | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.52 billion current LCU | 11.46 billion current LCU | 9.94 billion current LCU | Thailand |
| 1980s | 6.84 billion current LCU | 29.63 billion current LCU | 22.79 billion current LCU | Thailand |
| 1990s | 23.13 billion current LCU | 44.36 billion current LCU | 21.23 billion current LCU | Thailand |
| 2000s | 50.17 billion current LCU | 182.97 billion current LCU | 132.80 billion current LCU | Thailand |
| 2010s | 241.78 billion current LCU | 294.43 billion current LCU | 52.65 billion current LCU | Thailand |
| 2020s | 407.59 billion current LCU | 863.46 billion current LCU | 455.87 billion current LCU | Thailand |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, South Africa or Thailand?
- Thailand, at 571.50 billion current LCU against 414.86 billion current LCU in South Africa as of 2024.
- What is the difference in net incurrence of liabilities, total between South Africa and Thailand?
- 156.64 billion current LCU, with Thailand ahead.
- How many years of comparable data are there for South Africa and Thailand?
- 53 years are reported by both, from 1972 to 2024.
- How do South Africa and Thailand rank globally for net incurrence of liabilities, total?
- South Africa ranks 40th 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.
Individual pages
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.