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  3. Net incurrence of liabilities, total (% of GDP)

Net incurrence of liabilities, total (% of GDP)

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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

wb-indicators:GC.LBL.TOTL.GD.ZS

Net incurrence of liabilities, total (% of GDP)

World Bank

Publisher
World Bank
Source
World Bank Indicators (wb-indicators)
Status
Active
Formats
JSON
Licence
CC-BY-4.0 — World Bank Terms — CC BY 4.0 (Indicators API) · open
Standard
WB API v2
Countries
127 countries and areas — see list below
Dataset id
wb-indicators:GC.LBL.TOTL.GD.ZS
Last verified
2026-09-27

Geographic coverage

Net incurrence of liabilities, total (% of GDP) carries observations for 127 countries and areas:

Africa Eastern and Southern · Afghanistan · Angola · Albania · Andorra · United Arab Emirates · Argentina · Armenia · Australia · Azerbaijan · Burundi · Burkina Faso · Bangladesh · Bahrain · Bahamas, The · Bosnia and Herzegovina · Belarus · Brazil · Barbados · Bhutan · Botswana · Central African Republic · Canada · Switzerland · Chile · Cote d'Ivoire · Cameroon · Congo, Dem. Rep. · Congo, Rep. · Colombia · Cabo Verde · Costa Rica · Caribbean small states · Dominican Republic · Early-demographic dividend · Europe & Central Asia (excluding high income) · Ecuador · Spain · Ethiopia · Fiji · Micronesia, Fed. Sts. · Gabon · United Kingdom · Georgia · Ghana · Guinea-Bissau · Guatemala · Honduras · Heavily indebted poor countries (HIPC) · Hungary · IDA only · India · Iraq · Iceland · Israel · Jordan · Kazakhstan · Kenya · Kyrgyz Republic · Cambodia · Kiribati · St. Kitts and Nevis · Korea, Rep. · Latin America & Caribbean (excluding high income) · Lao PDR · Lebanon · Latin America & Caribbean · Least developed countries: UN classification · Sri Lanka · Lesotho · Morocco · Moldova · Madagascar · Maldives · Mexico · Marshall Islands · North Macedonia · Mali · Myanmar · Mongolia · Mozambique · Mauritius · Malawi · Malaysia · North America · Namibia · Nepal · Naoero · Panama · Peru · Philippines · Palau · Papua New Guinea · Paraguay · Pacific island small states · Russian Federation · Rwanda · South Asia · Saudi Arabia · Senegal · Singapore · Solomon Islands · El Salvador · Somalia, Fed. Rep. · Eswatini · Europe & Central Asia (IDA & IBRD countries) · Togo · Thailand · Tajikistan · Latin America & the Caribbean (IDA & IBRD countries) · Timor-Leste · Tonga · South Asia (IDA & IBRD) · Trinidad and Tobago · Turkiye · Tanzania · Uganda · Ukraine · Uruguay · United States · Uzbekistan · Vanuatu · Samoa · Lower middle income · South Africa · Zambia · Zimbabwe