Türkiye vs United States of America: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Türkiye
- United States of America
How they compare
Türkiye currently reports 2.30 trillion current LCU against 2.06 trillion current LCU in United States of America, a difference of 230.93 billion current LCU.
That makes Türkiye's figure about 1.1 times United States of America's.
The two have swapped places 1 time across 29 shared years of data; in 1972 it was United States of America ahead.
Türkiye ranks 21st and United States of America ranks 22nd of 136 countries.
United States of America has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Türkiye | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 35,288 current LCU | 41.77 billion current LCU | 41.77 billion current LCU | United States of America |
| 1980s | 3.51 million current LCU | 152.65 billion current LCU | 152.64 billion current LCU | United States of America |
| 2000s | 38.26 billion current LCU | 1.46 trillion current LCU | 1.42 trillion current LCU | United States of America |
| 2010s | 61.68 billion current LCU | 1.05 trillion current LCU | 992.50 billion current LCU | United States of America |
| 2020s | 1.33 trillion current LCU | 2.49 trillion current LCU | 1.16 trillion current LCU | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Türkiye or United States of America?
- Türkiye, at 2.30 trillion current LCU against 2.06 trillion current LCU in United States of America as of 2024.
- What is the difference in net incurrence of liabilities, total between Türkiye and United States of America?
- 230.93 billion current LCU, with Türkiye ahead.
- How many years of comparable data are there for Türkiye and United States of America?
- 29 years are reported by both, from 1972 to 2024.
- How do Türkiye and United States of America rank globally for net incurrence of liabilities, total?
- Türkiye ranks 21st and United States of America ranks 22nd 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.