Brazil vs Mexico: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Brazil
- Mexico
How they compare
Brazil currently reports 7.3% against 7.2% in Mexico, a difference of 0.1%.
The two have swapped places 2 times across 15 shared years of data; in 2010 it was Brazil ahead.
Brazil ranks 17th and Mexico ranks 18th of 136 countries.
Brazil has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Brazil | Mexico | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.4% | 2.9% | 3.4% | Brazil |
| 2020s | 7.3% | 4.5% | 2.8% | Brazil |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Brazil or Mexico?
- Brazil, at 7.3% against 7.2% in Mexico as of 2024.
- What is the difference in net incurrence of liabilities, total between Brazil and Mexico?
- 0.1%, with Brazil ahead.
- How many years of comparable data are there for Brazil and Mexico?
- 15 years are reported by both, from 2010 to 2024.
- How do Brazil and Mexico rank globally for net incurrence of liabilities, total?
- Brazil ranks 17th and Mexico ranks 18th 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.
Individual pages
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.