Australia vs Equatorial Guinea: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Australia
- Equatorial Guinea
How they compare
Equatorial Guinea currently reports 99.50 billion current LCU against 81.00 billion current LCU in Australia, a difference of 18.50 billion current LCU.
That makes Equatorial Guinea's figure about 1.2 times Australia's.
The two have swapped places 3 times across 9 shared years of data; in 2006 it was Australia ahead.
Globally, Australia ranks 59th and Equatorial Guinea ranks 57th of 136 countries.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.