Azerbaijan vs Belarus: Net incurrence of liabilities, total

Azerbaijan
1.3%
in 2024
Belarus
1.3%
in 2024
Azerbaijan rank
101st
Belarus rank
98th

Net incurrence of liabilities, total over time

  • Azerbaijan
  • Belarus
-202468199220082024

How they compare

Belarus currently reports 1.3% against 1.3% in Azerbaijan, a difference of 0.0%.

The two have swapped places 6 times across 17 shared years of data; in 2008 it was Belarus ahead.

Azerbaijan ranks 101st and Belarus ranks 98th of 136 countries.

Across the 3 decades both report, Azerbaijan averaged higher in 1 and Belarus in 2.

Head to head by decade

Decade Azerbaijan Belarus Difference Ahead
2000s -0.2% 5.2% 5.4% Belarus
2010s -0.7% 1.4% 2.1% Belarus
2020s 1.6% 1.0% 0.6% Azerbaijan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, total, Azerbaijan or Belarus?
Belarus, at 1.3% against 1.3% in Azerbaijan as of 2024.
What is the difference in net incurrence of liabilities, total between Azerbaijan and Belarus?
0.0%, with Belarus ahead.
How many years of comparable data are there for Azerbaijan and Belarus?
17 years are reported by both, from 2008 to 2024.
How do Azerbaijan and Belarus rank globally for net incurrence of liabilities, total?
Azerbaijan ranks 101st and Belarus ranks 98th 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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Azerbaijan vs Belarus: Net incurrence of liabilities, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 07 September 2026, from https://public-sector.statizoid.com/compare/net-incurrence-of-liabilities-total-percent-of-gdp/azerbaijan/belarus/

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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.