Net incurrence of liabilities, total (current LCU) by country
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...
Countries reporting
136
Highest
99.03 trillion current LCU
Colombia
Lowest
-1.02 trillion current LCU
Iraq
Median
50.24 billion current LCU
Years covered
53
1972–2024
Data points
2,974
What the numbers show
Net incurrence of liabilities, total (current LCU) is currently reported for 136 countries. The highest value is 99.03 trillion current LCU in Colombia; the lowest is -1.02 trillion current LCU in Iraq.
The median across all reporting countries is 50.24 billion current LCU, and the mean is 3.29 trillion current LCU.
The gap between the highest and lowest reporting country is a factor of about 97.
Over the past decade 104 countries rose and 29 fell. The largest increase was in Uzbekistan (up 53,390.5%), and the largest decrease in East Timor (down 2,085.1%).
Net incurrence of liabilities, total: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Colombia | 99.03 trillion current LCU | 2024 | up 255.5% | volatile |
| 2 | Indonesia | 90.10 trillion current LCU | 2009 | up 933.9% | volatile |
| 3 | Uzbekistan | 53.47 trillion current LCU | 2023 | up 53,390.5% | volatile |
| 4 | South Korea | 51.22 trillion current LCU | 2024 | up 15.5% | volatile |
| 5 | Iran | 29.32 trillion current LCU | 2006 | up 794.7% | volatile |
| 6 | Argentina | 21.12 trillion current LCU | 2024 | up 9,412.9% | volatile |
| 7 | India | 17.63 trillion current LCU | 2022 | up 262.9% | volatile |
| 8 | Paraguay | 9.66 trillion current LCU | 2024 | up 63.6% | volatile |
| 9 | Tanzania | 8.00 trillion current LCU | 2024 | up 145.1% | rising |
| 10 | Uganda | 7.80 trillion current LCU | 2024 | up 231.1% | volatile |
| 11 | Chile | 7.77 trillion current LCU | 2024 | up 203.9% | volatile |
| 12 | Cambodia | 4.85 trillion current LCU | 2023 | up 175.1% | volatile |
| 13 | Hungary | 3.50 trillion current LCU | 2024 | up 105.6% | volatile |
| 14 | Myanmar | 3.39 trillion current LCU | 2019 | up 274.5% | volatile |
| 15 | Kazakhstan | 2.84 trillion current LCU | 2023 | up 335.4% | volatile |
| 16 | Sri Lanka | 2.77 trillion current LCU | 2023 | up 437.3% | volatile |
| 17 | Russia | 2.59 trillion current LCU | 2024 | up 110.3% | volatile |
| 18 | Cote d'Ivoire | 2.43 trillion current LCU | 2023 | up 340.8% | volatile |
| 19 | Mexico | 2.41 trillion current LCU | 2024 | up 274.0% | volatile |
| 20 | Malawi | 2.31 trillion current LCU | 2024 | up 1,579.0% | volatile |
| 21 | Turkey | 2.30 trillion current LCU | 2024 | up 11,950.6% | volatile |
| 22 | United States | 2.06 trillion current LCU | 2024 | up 169.6% | volatile |
| 23 | Senegal | 1.75 trillion current LCU | 2023 | up 434.8% | rising |
| 24 | Bangladesh | 1.51 trillion current LCU | 2021 | up 360.6% | volatile |
| 25 | Ukraine | 1.40 trillion current LCU | 2024 | up 590.0% | volatile |
| 26 | Democratic Republic of Congo | 1.39 trillion current LCU | 2022 | up 19,956.9% | volatile |
| 27 | Costa Rica | 1.29 trillion current LCU | 2024 | down 58.6% | falling |
| 28 | Philippines | 1.28 trillion current LCU | 2024 | up 1,023.3% | volatile |
| 29 | Laos | 1.27 trillion current LCU | 2022 | up 76.4% | volatile |
| 30 | Lebanon | 1.13 trillion current LCU | 2024 | down 78.9% | rising |
| 31 | Rwanda | 957.05 billion current LCU | 2023 | up 620.4% | volatile |
| 32 | Burkina Faso | 900.19 billion current LCU | 2024 | up 379.0% | volatile |
| 33 | Kenya | 883.55 billion current LCU | 2023 | up 166.5% | rising |
| 34 | Brazil | 865.42 billion current LCU | 2024 | up 175.9% | rising |
| 35 | Madagascar | 815.63 billion current LCU | 2024 | up 5.3% | volatile |
| 36 | Cameroon | 593.86 billion current LCU | 2021 | up 60.2% | volatile |
| 37 | Thailand | 571.50 billion current LCU | 2024 | up 192.7% | volatile |
| 38 | Mali | 520.09 billion current LCU | 2020 | up 283.0% | volatile |
| 39 | Mongolia | 420.26 billion current LCU | 2024 | down 40.6% | volatile |
| 40 | South Africa | 414.86 billion current LCU | 2024 | up 91.3% | volatile |
| 41 | Armenia | 399.87 billion current LCU | 2024 | up 377.4% | volatile |
| 42 | Togo | 321.48 billion current LCU | 2023 | up 1,150.0% | volatile |
| 43 | Nepal | 303.12 billion current LCU | 2021 | up 1,181.3% | volatile |
| 44 | Ethiopia | 253.89 billion current LCU | 2024 | up 448.4% | volatile |
| 45 | Serbia | 251.76 billion current LCU | 2012 | up 942.6% | volatile |
| 46 | Dominican Republic | 208.08 billion current LCU | 2024 | up 183.4% | volatile |
| 47 | United Kingdom | 203.14 billion current LCU | 2024 | up 58.3% | volatile |
| 48 | Israel | 199.01 billion current LCU | 2024 | up 1,481.5% | volatile |
| 49 | Burundi | 181.93 billion current LCU | 2021 | up 805.1% | volatile |
| 50 | Egypt | 174.95 billion current LCU | 2012 | up 187.2% | rising |
| 51 | Canada | 156.98 billion current LCU | 2024 | up 1,003.2% | volatile |
| 52 | Saudi Arabia | 152.47 billion current LCU | 2024 | down 12.5% | falling |
| 53 | Guinea-Bissau | 126.91 billion current LCU | 2024 | up 608.4% | rising |
| 54 | Congo | 119.50 billion current LCU | 2021 | up 2,027.4% | volatile |
| 55 | Uruguay | 118.68 billion current LCU | 2024 | up 252.6% | volatile |
| 56 | Iceland | 113.95 billion current LCU | 2023 | up 439.3% | volatile |
| 57 | Equatorial Guinea | 99.50 billion current LCU | 2014 | up 453.8% | volatile |
| 58 | Gabon | 98.63 billion current LCU | 2021 | up 159.8% | volatile |
| 59 | Australia | 81.00 billion current LCU | 2022 | up 52.3% | volatile |
| 60 | Morocco | 78.90 billion current LCU | 2023 | up 45.9% | volatile |
| 61 | Malaysia | 76.85 billion current LCU | 2024 | up 106.6% | volatile |
| 62 | Mozambique | 71.65 billion current LCU | 2024 | up 106.5% | volatile |
| 63 | Singapore | 66.75 billion current LCU | 2024 | up 355.6% | volatile |
| 64 | Spain | 65.74 billion current LCU | 2024 | down 5.1% | volatile |
| 65 | Italy | 64.28 billion current LCU | 1991 | up 146.7% | volatile |
| 66 | North Macedonia | 63.88 billion current LCU | 2024 | up 64.1% | volatile |
| 67 | Peru | 52.70 billion current LCU | 2021 | up 4,607.6% | volatile |
| 68 | Central African Republic | 50.67 billion current LCU | 2021 | up 368.4% | volatile |
| 69 | France | 49.81 billion current LCU | 1994 | up 103.6% | volatile |
| 70 | Albania | 48.87 billion current LCU | 2024 | up 7.8% | volatile |
| 71 | Mauritius | 36.29 billion current LCU | 2024 | up 92.7% | volatile |
| 72 | Germany | 33.25 billion current LCU | 1990 | up 132.2% | rising |
| 73 | Niger | 29.87 billion current LCU | 1980 | — | rising |
| 74 | Ghana | 27.99 billion current LCU | 2023 | up 196.0% | volatile |
| 75 | Cape Verde | 16.42 billion current LCU | 2020 | down 8.4% | volatile |
| 76 | Moldova | 14.70 billion current LCU | 2023 | up 1,083.5% | volatile |
| 77 | Namibia | 12.53 billion current LCU | 2024 | up 168.4% | volatile |
| 78 | Finland | 12.25 billion current LCU | 1994 | up 1,274.2% | volatile |
| 79 | United Arab Emirates | 12.20 billion current LCU | 2024 | up 33,839.6% | volatile |
| 80 | Maldives | 12.04 billion current LCU | 2021 | up 410.0% | volatile |
| 81 | Bhutan | 11.71 billion current LCU | 2020 | up 5,981.4% | volatile |
| 82 | Guatemala | 10.91 billion current LCU | 2024 | up 30.9% | volatile |
| 83 | Honduras | 10.71 billion current LCU | 2015 | up 383.4% | volatile |
| 84 | Austria | 9.91 billion current LCU | 1994 | up 128.5% | volatile |
| 85 | Botswana | 8.29 billion current LCU | 2023 | up 445.1% | volatile |
| 86 | Panama | 7.81 billion current LCU | 2024 | up 25.0% | falling |
| 87 | Trinidad and Tobago | 7.52 billion current LCU | 2019 | up 4,288.5% | volatile |
| 88 | Zambia | 5.27 billion current LCU | 2024 | down 53.0% | volatile |
| 89 | Afghanistan | 5.07 billion current LCU | 2017 | down 58.3% | volatile |
| 90 | Portugal | 4.43 billion current LCU | 1994 | up 178.7% | volatile |
| 91 | Switzerland | 4.11 billion current LCU | 2024 | up 399.6% | volatile |
| 92 | New Zealand | 3.76 billion current LCU | 2008 | up 655.8% | volatile |
| 93 | Belarus | 3.40 billion current LCU | 2024 | up 1,737.2% | volatile |
| 94 | Ecuador | 2.95 billion current LCU | 2022 | down 61.8% | falling |
| 95 | Eswatini | 2.83 billion current LCU | 2021 | up 773.2% | volatile |
| 96 | Papua New Guinea | 2.53 billion current LCU | 2024 | down 25.6% | volatile |
| 97 | Norway | 2.39 billion current LCU | 1994 | down 83.3% | volatile |
| 98 | Jordan | 2.37 billion current LCU | 2023 | down 25.3% | volatile |
| 99 | Kyrgyzstan | 2.34 billion current LCU | 2024 | down 88.7% | volatile |
| 100 | Georgia | 1.93 billion current LCU | 2024 | up 92.1% | volatile |
| 101 | Tunisia | 1.91 billion current LCU | 2012 | up 314.8% | volatile |
| 102 | Vanuatu | 1.83 billion current LCU | 2023 | up 1,249.6% | volatile |
| 103 | Azerbaijan | 1.61 billion current LCU | 2024 | up 128.6% | volatile |
| 104 | Bosnia and Herzegovina | 1.51 billion current LCU | 2024 | up 140.6% | volatile |
| 105 | Bahrain | 1.14 billion current LCU | 2020 | up 12.0% | volatile |
| 106 | El Salvador | 859.60 million current LCU | 2024 | up 2,193.2% | volatile |
| 107 | Solomon Islands | 664.38 million current LCU | 2024 | up 946.8% | volatile |
| 108 | Fiji | 663.44 million current LCU | 2024 | up 122.6% | volatile |
| 109 | Tajikistan | 637.67 million current LCU | 2024 | — | volatile |
| 110 | Barbados | 464.42 million current LCU | 2016 | up 412.7% | volatile |
| 111 | Lesotho | 272.10 million current LCU | 2023 | down 47.4% | volatile |
| 112 | Malta | 82.95 million current LCU | 1994 | up 2,125.6% | volatile |
| 113 | Cyprus | 71.42 million current LCU | 1994 | down 48.1% | volatile |
| 114 | San Marino | 69.31 million current LCU | 2007 | up 169.3% | volatile |
| 115 | Saint Vincent and the Grenadines | 65.99 million current LCU | 2009 | up 320.2% | volatile |
| 116 | Belize | 63.64 million current LCU | 2011 | down 25.3% | volatile |
| 117 | Bahamas | 61.81 million current LCU | 2024 | down 86.8% | volatile |
| 118 | Palau | 52.56 million current LCU | 2020 | up 492.5% | volatile |
| 119 | Bulgaria | 27.09 million current LCU | 1994 | — | volatile |
| 120 | Micronesia (country) | 5.59 million current LCU | 2020 | up 903.9% | volatile |
| 121 | Andorra | 4.87 million current LCU | 2024 | up 146.1% | volatile |
| 122 | Tonga | 693,426 current LCU | 2023 | up 112.0% | volatile |
| 123 | Marshall Islands | -241,000 current LCU | 2020 | down 138.8% | volatile |
| 124 | Nauru | -3.75 million current LCU | 2020 | up 70.4% | volatile |
| 125 | Kiribati | -12.76 million current LCU | 2023 | up 35.1% | volatile |
| 126 | Saint Lucia | -23.24 million current LCU | 2010 | down 1,187.0% | volatile |
| 127 | Saint Kitts and Nevis | -24.10 million current LCU | 2020 | down 157.7% | volatile |
| 128 | East Timor | -59.55 million current LCU | 2022 | down 2,085.1% | volatile |
| 129 | Samoa | -69.71 million current LCU | 2023 | down 185.5% | volatile |
| 130 | Seychelles | -112.03 million current LCU | 2008 | down 115.2% | volatile |
| 131 | Luxembourg | -187.28 million current LCU | 1994 | down 586.8% | volatile |
| 132 | Bolivia | -314.45 million current LCU | 2007 | down 122.8% | volatile |
| 133 | Netherlands | -408.40 million current LCU | 1994 | down 103.0% | volatile |
| 134 | Jamaica | -13.26 billion current LCU | 2013 | down 161.4% | volatile |
| 135 | Angola | -778.29 billion current LCU | 2024 | down 202.1% | volatile |
| 136 | Iraq | -1.02 trillion current LCU | 2019 | down 111.7% | volatile |
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.