Burkina Faso vs Laos: Net incurrence of liabilities, total (current LCU)
Net incurrence of liabilities, total (current LCU) over time
- Burkina Faso
- Laos
How they compare
Laos currently reports 1.27 trillion current LCU against 900.19 billion current LCU in Burkina Faso, a difference of 367.84 billion current LCU.
That makes Laos's figure about 1.4 times Burkina Faso's.
The two have swapped places 2 times across 15 shared years of data; in 2008 it was Laos ahead.
Burkina Faso ranks 32nd and Laos ranks 30th of 136 countries.
Laos has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Burkina Faso | Laos | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 173.61 billion current LCU | 1.04 trillion current LCU | 862.01 billion current LCU | Laos |
| 2010s | 241.88 billion current LCU | 2.84 trillion current LCU | 2.60 trillion current LCU | Laos |
| 2020s | 885.32 billion current LCU | 2.68 trillion current LCU | 1.80 trillion current LCU | Laos |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Burkina Faso or Laos?
- Laos, at 1.27 trillion current LCU against 900.19 billion current LCU in Burkina Faso as of 2022.
- What is the difference in net incurrence of liabilities, total between Burkina Faso and Laos?
- 367.84 billion current LCU, with Laos ahead.
- How many years of comparable data are there for Burkina Faso and Laos?
- 15 years are reported by both, from 2008 to 2022.
- How do Burkina Faso and Laos rank globally for net incurrence of liabilities, total?
- Burkina Faso ranks 32nd and Laos ranks 30th of 136 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net incurrence of liabilities, total (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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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.