Rwanda vs South Africa: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Rwanda
- South Africa
How they compare
South Africa currently reports 5.6% against 5.6% in Rwanda, a difference of 0.0%.
The two have swapped places 5 times across 19 shared years of data; in 1973 it was South Africa ahead.
Rwanda ranks 34th and South Africa ranks 32nd of 136 countries.
Across the 4 decades both report, Rwanda averaged higher in 2 and South Africa in 2.
Head to head by decade
| Decade | Rwanda | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.3% | 4.3% | 2.0% | South Africa |
| 1980s | 3.4% | 3.4% | 0.1% | Rwanda |
| 2010s | 4.8% | 5.6% | 0.9% | South Africa |
| 2020s | 9.0% | 6.6% | 2.4% | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Rwanda or South Africa?
- South Africa, at 5.6% against 5.6% in Rwanda as of 2024.
- What is the difference in net incurrence of liabilities, total between Rwanda and South Africa?
- 0.0%, with South Africa ahead.
- How many years of comparable data are there for Rwanda and South Africa?
- 19 years are reported by both, from 1973 to 2023.
- How do Rwanda and South Africa rank globally for net incurrence of liabilities, total?
- Rwanda ranks 34th 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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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.