Net incurrence of liabilities, Transactions (Statement of operations, General government) by country
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary...
What the numbers show
Net incurrence of liabilities, Transactions (Statement of operations, General government) is currently reported for 33 countries. The highest value is 212,830.00 trillion in Colombia; the lowest is -24.72 billion in Denmark.
The median across all reporting countries is 61.86 billion, and the mean is 6,449.86 trillion.
Over the past decade 28 countries rose and 4 fell. The largest increase was in Bulgaria (up 11,319.0%), and the largest decrease in Cyprus (down 3,313.6%).
Net incurrence of liabilities, Transactions: full country ranking
| # | Country | Latest | Year | 10-year change | Trend |
|---|---|---|---|---|---|
| 1 | Colombia | 212,830.00 trillion | 2025 | — | volatile |
| 2 | Hungary | 5.39 trillion | 2025 | up 427.0% | volatile |
| 3 | Türkiye | 3.44 trillion | 2025 | up 9,737.1% | volatile |
| 4 | United States of America | 2.63 trillion | 2025 | up 160.8% | volatile |
| 5 | Brazil | 1.57 trillion | 2025 | up 174.5% | volatile |
| 6 | Czechia | 345.41 billion | 2025 | up 692.0% | volatile |
| 7 | Poland | 344.77 billion | 2025 | up 646.8% | volatile |
| 8 | Norway | 287.53 billion | 2025 | up 76.0% | volatile |
| 9 | United Kingdom of Great Britain and Northern Ireland | 247.41 billion | 2025 | up 144.3% | volatile |
| 10 | Canada | 238.75 billion | 2025 | up 172.7% | volatile |
| 11 | Romania | 186.01 billion | 2025 | up 2,442.6% | volatile |
| 12 | France | 146.84 billion | 2025 | up 56.4% | volatile |
| 13 | Germany | 131.25 billion | 2025 | up 411.0% | volatile |
| 14 | Sweden | 115.27 billion | 2025 | up 416.1% | volatile |
| 15 | Italy | 96.68 billion | 2025 | up 192.7% | volatile |
| 16 | Spain | 67.71 billion | 2025 | up 68.6% | volatile |
| 17 | Belgium | 61.86 billion | 2025 | up 524.2% | volatile |
| 18 | Netherlands | 33.50 billion | 2025 | up 639.4% | volatile |
| 19 | Austria | 21.51 billion | 2025 | up 3,210.3% | volatile |
| 20 | Finland | 17.71 billion | 2025 | up 94.6% | volatile |
| 21 | Bulgaria | 11.24 billion | 2025 | up 11,319.0% | volatile |
| 22 | Slovakia | 5.56 billion | 2025 | up 251.9% | volatile |
| 23 | Lithuania | 2.89 billion | 2025 | up 1,973.6% | volatile |
| 24 | Latvia | 1.64 billion | 2024 | up 110.8% | volatile |
| 25 | Luxembourg | 1.56 billion | 2025 | up 122.5% | volatile |
| 26 | Malta | 1.27 billion | 2025 | up 922.5% | volatile |
| 27 | Estonia | 1.04 billion | 2025 | up 669.4% | volatile |
| 28 | Slovenia | 1.01 billion | 2025 | down 48.9% | volatile |
| 29 | Portugal | 524.45 million | 2025 | down 87.1% | volatile |
| 30 | Cyprus | -1.80 billion | 2025 | down 3,313.6% | volatile |
| 31 | Greece | -3.81 billion | 2024 | up 46.3% | volatile |
| 32 | Ireland | -5.76 billion | 2025 | down 131.4% | volatile |
| 33 | Denmark | -24.72 billion | 2025 | up 60.1% | volatile |
About this data
The Government Finance Statistics (GFS) includes government revenues and expenditures, government net lending / net borrowing (the surplus / deficit) financing transactions and balance sheet data on government assets and liabilities. Statistics are available for different levels of government including budgetary central government, central government and general government.