Austria vs South Africa: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Austria
- South Africa
How they compare
Austria currently reports 5.9% against 5.6% in South Africa, a difference of 0.3%.
The two have swapped places 9 times across 23 shared years of data; in 1972 it was South Africa ahead.
Austria ranks 29th and South Africa ranks 32nd of 136 countries.
Across the 3 decades both report, Austria averaged higher in 1 and South Africa in 2.
Head to head by decade
| Decade | Austria | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.1% | 4.4% | 1.2% | South Africa |
| 1980s | 4.5% | 4.2% | 0.3% | Austria |
| 1990s | 4.4% | 5.4% | 0.9% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Austria or South Africa?
- Austria, at 5.9% against 5.6% in South Africa as of 1994.
- What is the difference in net incurrence of liabilities, total between Austria and South Africa?
- 0.3%, with Austria ahead.
- How many years of comparable data are there for Austria and South Africa?
- 23 years are reported by both, from 1972 to 1994.
- How do Austria and South Africa rank globally for net incurrence of liabilities, total?
- Austria ranks 29th and South Africa ranks 32nd 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.