Georgia vs Norway: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Georgia
- Norway
How they compare
Norway currently reports 2.39 billion current LCU against 1.93 billion current LCU in Georgia, a difference of 451.20 million current LCU.
That makes Norway's figure about 1.2 times Georgia's.
Globally, Georgia ranks 100th and Norway ranks 97th of 136 countries.
Individual pages
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.