Albania vs Korea: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Albania
- Korea
How they compare
Korea currently reports 2.0% against 1.9% in Albania, a difference of 0.1%.
The two have swapped places 5 times across 21 shared years of data; in 1995 it was Albania ahead.
Albania ranks 93rd and Korea ranks 91st of 136 countries.
Albania has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Albania | Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 10.7% | 0.9% | 9.7% | Albania |
| 2000s | 4.2% | -2.6% | 6.8% | Albania |
| 2010s | 3.4% | 2.1% | 1.2% | Albania |
| 2020s | 4.3% | 4.0% | 0.3% | Albania |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Albania or Korea?
- Korea, at 2.0% against 1.9% in Albania as of 2024.
- What is the difference in net incurrence of liabilities, total between Albania and Korea?
- 0.1%, with Korea ahead.
- How many years of comparable data are there for Albania and Korea?
- 21 years are reported by both, from 1995 to 2024.
- How do Albania and Korea rank globally for net incurrence of liabilities, total?
- Albania ranks 93rd and Korea ranks 91st 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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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 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.