Armenia vs Tanzania: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Armenia
- Tanzania
How they compare
Armenia currently reports 3.9% against 3.9% in Tanzania, a difference of 0.0%.
The two have swapped places 2 times across 16 shared years of data; in 2009 it was Armenia ahead.
Armenia ranks 59th and Tanzania ranks 60th of 136 countries.
Armenia has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Armenia | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 13.7% | 7.7% | 6.0% | Armenia |
| 2010s | 4.1% | 4.0% | 0.1% | Armenia |
| 2020s | 5.0% | 2.9% | 2.0% | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Armenia or Tanzania?
- Armenia, at 3.9% against 3.9% in Tanzania as of 2024.
- What is the difference in net incurrence of liabilities, total between Armenia and Tanzania?
- 0.0%, with Armenia ahead.
- How many years of comparable data are there for Armenia and Tanzania?
- 16 years are reported by both, from 2009 to 2024.
- How do Armenia and Tanzania rank globally for net incurrence of liabilities, total?
- Armenia ranks 59th and Tanzania ranks 60th 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.