Belarus vs Russia: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Belarus
- Russia
How they compare
Belarus currently reports 1.3% against 1.3% in Russia, a difference of 0.0%.
The two have swapped places 5 times across 27 shared years of data; in 1998 it was Russia ahead.
Belarus ranks 98th and Russia ranks 100th of 136 countries.
Across the 4 decades both report, Belarus averaged higher in 1 and Russia in 3.
Head to head by decade
| Decade | Belarus | Russia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 0.8% | 3.9% | 3.1% | Russia |
| 2000s | 2.0% | -1.9% | 3.9% | Belarus |
| 2010s | 1.4% | 1.5% | 0.2% | Russia |
| 2020s | 1.0% | 2.2% | 1.2% | Russia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Belarus or Russia?
- Belarus, at 1.3% against 1.3% in Russia as of 2024.
- What is the difference in net incurrence of liabilities, total between Belarus and Russia?
- 0.0%, with Belarus ahead.
- How many years of comparable data are there for Belarus and Russia?
- 27 years are reported by both, from 1998 to 2024.
- How do Belarus and Russia rank globally for net incurrence of liabilities, total?
- Belarus ranks 98th and Russia ranks 100th 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.