Armenia vs Nepal: Net incurrence of liabilities, total

Armenia
399.87 billion current LCU
in 2024
Nepal
303.12 billion current LCU
in 2021
Armenia rank
41st
Nepal rank
43rd

Net incurrence of liabilities, total over time

  • Armenia
  • Nepal
0200.0B400.0B600.0B199020072024

How they compare

Armenia currently reports 399.87 billion current LCU against 303.12 billion current LCU in Nepal, a difference of 96.76 billion current LCU.

That makes Armenia's figure about 1.3 times Nepal's.

Across all 18 years both countries report, Armenia has been ahead every year.

Globally, Armenia ranks 41st and Nepal ranks 43rd of 136 countries.

Individual pages

About this data

Indicator
Net incurrence of liabilities, total (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
136 places, 2,974 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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.