Italy vs Spain: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Italy
- Spain
How they compare
Spain currently reports 65.74 billion current LCU against 64.28 billion current LCU in Italy, a difference of 1.46 billion current LCU.
Across all 12 years both countries report, Italy has been ahead every year.
Globally, Italy ranks 65th and Spain ranks 64th 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.