Brazil vs United Kingdom of Great Britain and Northern Ireland: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Brazil
- United Kingdom of Great Britain and Northern Ireland
How they compare
Brazil currently reports 7.3% against 7.0% in United Kingdom of Great Britain and Northern Ireland, a difference of 0.3%.
The two have swapped places 5 times across 15 shared years of data; in 2010 it was United Kingdom of Great Britain and Northern Ireland ahead.
Brazil ranks 17th and United Kingdom of Great Britain and Northern Ireland ranks 20th of 136 countries.
Across the 2 decades both report, Brazil averaged higher in 1 and United Kingdom of Great Britain and Northern Ireland in 1.
Head to head by decade
| Decade | Brazil | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.4% | 6.3% | 0.0% | Brazil |
| 2020s | 7.3% | 9.8% | 2.5% | United Kingdom of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Brazil or United Kingdom of Great Britain and Northern Ireland?
- Brazil, at 7.3% against 7.0% in United Kingdom of Great Britain and Northern Ireland as of 2024.
- What is the difference in net incurrence of liabilities, total between Brazil and United Kingdom of Great Britain and Northern Ireland?
- 0.3%, with Brazil ahead.
- How many years of comparable data are there for Brazil and United Kingdom of Great Britain and Northern Ireland?
- 15 years are reported by both, from 2010 to 2024.
- How do Brazil and United Kingdom of Great Britain and Northern Ireland rank globally for net incurrence of liabilities, total?
- Brazil ranks 17th and United Kingdom of Great Britain and Northern Ireland ranks 20th 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.