Australia vs Ghana: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Australia
- Ghana
How they compare
Australia currently reports 3.5% against 3.2% in Ghana, a difference of 0.3%.
That makes Australia's figure about 1.1 times Ghana's.
The two have swapped places 2 times across 18 shared years of data; in 2005 it was Ghana ahead.
Australia ranks 65th and Ghana ranks 68th of 136 countries.
Ghana has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Australia | Ghana | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.2% | 4.3% | 3.0% | Ghana |
| 2010s | 3.2% | 6.1% | 2.8% | Ghana |
| 2020s | 6.3% | 10.4% | 4.1% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Australia or Ghana?
- Australia, at 3.5% against 3.2% in Ghana as of 2022.
- What is the difference in net incurrence of liabilities, total between Australia and Ghana?
- 0.3%, with Australia ahead.
- How many years of comparable data are there for Australia and Ghana?
- 18 years are reported by both, from 2005 to 2022.
- How do Australia and Ghana rank globally for net incurrence of liabilities, total?
- Australia ranks 65th and Ghana ranks 68th 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.