Congo vs Saudi Arabia: Net incurrence of liabilities, total

Congo
119.50 billion current LCU
in 2021
Saudi Arabia
152.47 billion current LCU
in 2024
Congo rank
54th
Saudi Arabia rank
52nd

Net incurrence of liabilities, total over time

  • Congo
  • Saudi Arabia
-1.5T-1.0T-500.0B0500.0B1.0T200420142024

How they compare

Saudi Arabia currently reports 152.47 billion current LCU against 119.50 billion current LCU in Congo, a difference of 32.97 billion current LCU.

That makes Saudi Arabia's figure about 1.3 times Congo's.

The two have swapped places 2 times across 6 shared years of data; in 2016 it was Congo ahead.

Globally, Congo ranks 54th and Saudi Arabia ranks 52nd 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.