Azerbaijan vs Vanuatu: Net incurrence of liabilities, total

Azerbaijan
1.61 billion current LCU
in 2024
Vanuatu
1.83 billion current LCU
in 2023
Azerbaijan rank
103rd
Vanuatu rank
102nd

Net incurrence of liabilities, total over time

  • Azerbaijan
  • Vanuatu
-4.0B-2.0B02.0B4.0B199020072024

How they compare

Vanuatu currently reports 1.83 billion current LCU against 1.61 billion current LCU in Azerbaijan, a difference of 212.81 million current LCU.

That makes Vanuatu's figure about 1.1 times Azerbaijan's.

The two have swapped places 5 times across 15 shared years of data; in 2009 it was Vanuatu ahead.

Globally, Azerbaijan ranks 103rd and Vanuatu ranks 102nd 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.