Kenya vs Rwanda: Net incurrence of liabilities, total

Kenya
883.55 billion current LCU
in 2023
Rwanda
957.05 billion current LCU
in 2023
Kenya rank
33rd
Rwanda rank
31st

Net incurrence of liabilities, total over time

  • Kenya
  • Rwanda
0500.0B1.0T1.5T197319982023

How they compare

Rwanda currently reports 957.05 billion current LCU against 883.55 billion current LCU in Kenya, a difference of 73.50 billion current LCU.

That makes Rwanda's figure about 1.1 times Kenya's.

The two have swapped places 3 times across 10 shared years of data; in 2014 it was Kenya ahead.

Globally, Kenya ranks 33rd and Rwanda ranks 31st 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.