Europe & Central Asia vs India: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Europe & Central Asia
- India
How they compare
India currently reports 6.7% against 2.4% in Europe & Central Asia, a difference of 4.3%.
That makes India's figure about 2.8 times Europe & Central Asia's.
The two have swapped places 2 times across 11 shared years of data; in 1976 it was India ahead.
Europe & Central Asia ranks 21st and India ranks 22nd of 21 groups.
India has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Europe & Central Asia | India | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.9% | 4.3% | 0.4% | India |
| 1980s | 3.5% | 7.1% | 3.6% | India |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Europe & Central Asia or India?
- India, at 6.7% against 2.4% in Europe & Central Asia as of 2022.
- What is the difference in net incurrence of liabilities, total between Europe & Central Asia and India?
- 4.3%, with India ahead.
- How many years of comparable data are there for Europe & Central Asia and India?
- 11 years are reported by both, from 1976 to 1988.
- How do Europe & Central Asia and India rank globally for net incurrence of liabilities, total?
- Europe & Central Asia ranks 21st and India ranks 22nd of 21 groups.
- 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.