Bhutan vs India: Net incurrence of liabilities, total

Bhutan
6.4%
in 2020
India
6.7%
in 2022
Bhutan rank
24th
India rank
22nd

Net incurrence of liabilities, total over time

  • Bhutan
  • India
-505101520197419982022

How they compare

India currently reports 6.7% against 6.4% in Bhutan, a difference of 0.3%.

The two have swapped places 11 times across 36 shared years of data; in 1982 it was India ahead.

Bhutan ranks 24th and India ranks 22nd of 136 countries.

Across the 4 decades both report, Bhutan averaged higher in 1 and India in 3.

Head to head by decade

Decade Bhutan India Difference Ahead
1980s 4.6% 7.2% 2.6% India
1990s 0.9% 5.6% 4.6% India
2000s 3.0% 4.4% 1.4% India
2010s 4.9% 4.1% 0.8% Bhutan

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, total, Bhutan or India?
India, at 6.7% against 6.4% in Bhutan as of 2022.
What is the difference in net incurrence of liabilities, total between Bhutan and India?
0.3%, with India ahead.
How many years of comparable data are there for Bhutan and India?
36 years are reported by both, from 1982 to 2018.
How do Bhutan and India rank globally for net incurrence of liabilities, total?
Bhutan ranks 24th and India ranks 22nd 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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Bhutan vs India: Net incurrence of liabilities, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 09 September 2026, from https://public-sector.statizoid.com/compare/net-incurrence-of-liabilities-total-percent-of-gdp/bhutan/india/

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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.