Australia vs Morocco: Net incurrence of liabilities, total

Australia
81.00 billion current LCU
in 2022
Morocco
78.90 billion current LCU
in 2023
Australia rank
59th
Morocco rank
60th

Net incurrence of liabilities, total over time

  • Australia
  • Morocco
050.0B100.0B150.0B200.0B197219972023

How they compare

Australia currently reports 81.00 billion current LCU against 78.90 billion current LCU in Morocco, a difference of 2.09 billion current LCU.

The two have swapped places 7 times across 21 shared years of data; in 1990 it was Morocco ahead.

Globally, Australia ranks 59th and Morocco ranks 60th 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.