Canada vs Morocco: Net incurrence of liabilities, total

Canada
5.0%
in 2024
Morocco
5.3%
in 2023
Canada rank
40th
Morocco rank
37th

Net incurrence of liabilities, total over time

  • Canada
  • Morocco
05101520199020072024

How they compare

Morocco currently reports 5.3% against 5.0% in Canada, a difference of 0.3%.

That makes Morocco's figure about 1.1 times Canada's.

The two have swapped places 5 times across 25 shared years of data; in 1990 it was Canada ahead.

Canada ranks 40th and Morocco ranks 37th of 136 countries.

Across the 4 decades both report, Canada averaged higher in 3 and Morocco in 1.

Head to head by decade

Decade Canada Morocco Difference Ahead
1990s 3.0% 1.8% 1.2% Canada
2000s 1.2% 1.1% 0.1% Canada
2010s 1.8% 3.9% 2.1% Morocco
2020s 7.3% 5.7% 1.6% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, total, Canada or Morocco?
Morocco, at 5.3% against 5.0% in Canada as of 2023.
What is the difference in net incurrence of liabilities, total between Canada and Morocco?
0.3%, with Morocco ahead.
How many years of comparable data are there for Canada and Morocco?
25 years are reported by both, from 1990 to 2023.
How do Canada and Morocco rank globally for net incurrence of liabilities, total?
Canada ranks 40th and Morocco ranks 37th 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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Canada vs Morocco: Net incurrence of liabilities, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 06 September 2026, from https://public-sector.statizoid.com/compare/net-incurrence-of-liabilities-total-percent-of-gdp/canada/morocco/

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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.