Albania vs Georgia: Net incurrence of liabilities, total

Albania
1.9%
in 2024
Georgia
2.1%
in 2024
Albania rank
93rd
Georgia rank
90th

Net incurrence of liabilities, total over time

  • Albania
  • Georgia
051015199520092024

How they compare

Georgia currently reports 2.1% against 1.9% in Albania, a difference of 0.2%.

That makes Georgia's figure about 1.1 times Albania's.

The two have swapped places 7 times across 21 shared years of data; in 1995 it was Albania ahead.

Albania ranks 93rd and Georgia ranks 90th of 136 countries.

Across the 4 decades both report, Albania averaged higher in 3 and Georgia in 1.

Head to head by decade

Decade Albania Georgia Difference Ahead
1990s 10.7% 5.4% 5.2% Albania
2000s 4.2% 1.3% 2.9% Albania
2010s 3.4% 2.5% 0.9% Albania
2020s 4.3% 5.1% 0.8% Georgia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, total, Albania or Georgia?
Georgia, at 2.1% against 1.9% in Albania as of 2024.
What is the difference in net incurrence of liabilities, total between Albania and Georgia?
0.2%, with Georgia ahead.
How many years of comparable data are there for Albania and Georgia?
21 years are reported by both, from 1995 to 2024.
How do Albania and Georgia rank globally for net incurrence of liabilities, total?
Albania ranks 93rd and Georgia ranks 90th 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 (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Albania vs Georgia: Net incurrence of liabilities, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 13 September 2026, from https://public-sector.statizoid.com/compare/net-incurrence-of-liabilities-total-percent-of-gdp/albania/georgia/

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About this data

Indicator
Net incurrence of liabilities, total (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 3,371 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.