Georgia vs Vanuatu: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Georgia
- Vanuatu
How they compare
Georgia currently reports 1.93 billion current LCU against 1.83 billion current LCU in Vanuatu, a difference of 109.20 million current LCU.
That makes Georgia's figure about 1.1 times Vanuatu's.
The two have swapped places 6 times across 15 shared years of data; in 2009 it was Georgia ahead.
Globally, Georgia ranks 100th and Vanuatu ranks 102nd of 136 countries.
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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.