Kenya vs South Africa: Net incurrence of liabilities, total

Kenya
5.9%
in 2023
South Africa
5.6%
in 2024
Kenya rank
30th
South Africa rank
32nd

Net incurrence of liabilities, total over time

  • Kenya
  • South Africa
02.557.51012.5197219982024

How they compare

Kenya currently reports 5.9% against 5.6% in South Africa, a difference of 0.3%.

The two have swapped places 2 times across 10 shared years of data; in 2014 it was Kenya ahead.

Kenya ranks 30th and South Africa ranks 32nd of 136 countries.

Kenya has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Kenya South Africa Difference Ahead
2010s 9.1% 5.6% 3.5% Kenya
2020s 9.1% 6.6% 2.4% Kenya

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, total, Kenya or South Africa?
Kenya, at 5.9% against 5.6% in South Africa as of 2023.
What is the difference in net incurrence of liabilities, total between Kenya and South Africa?
0.3%, with Kenya ahead.
How many years of comparable data are there for Kenya and South Africa?
10 years are reported by both, from 2014 to 2023.
How do Kenya and South Africa rank globally for net incurrence of liabilities, total?
Kenya ranks 30th and South Africa ranks 32nd 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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Kenya vs South Africa: Net incurrence of liabilities, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 14 September 2026, from https://public-sector.statizoid.com/compare/net-incurrence-of-liabilities-total-percent-of-gdp/kenya/south-africa/

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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.