Cameroon vs Mongolia: Net incurrence of liabilities, total

Cameroon
593.86 billion current LCU
in 2021
Mongolia
420.26 billion current LCU
in 2024
Cameroon rank
36th
Mongolia rank
39th

Net incurrence of liabilities, total over time

  • Cameroon
  • Mongolia
-2.0T02.0T4.0T199120072024

How they compare

Cameroon currently reports 593.86 billion current LCU against 420.26 billion current LCU in Mongolia, a difference of 173.61 billion current LCU.

That makes Cameroon's figure about 1.4 times Mongolia's.

The two have swapped places 4 times across 14 shared years of data; in 1992 it was Cameroon ahead.

Globally, Cameroon ranks 36th and Mongolia ranks 39th 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.