Cape Verde vs United Arab Emirates: Net incurrence of liabilities, total (current LCU)
Net incurrence of liabilities, total (current LCU) over time
- Cape Verde
- United Arab Emirates
How they compare
Cape Verde currently reports 16.42 billion current LCU against 12.20 billion current LCU in United Arab Emirates, a difference of 4.21 billion current LCU.
That makes Cape Verde's figure about 1.3 times United Arab Emirates's.
The two have swapped places 2 times across 10 shared years of data; in 2011 it was Cape Verde ahead.
Cape Verde ranks 76th and United Arab Emirates ranks 79th of 136 countries.
Cape Verde has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Cape Verde | United Arab Emirates | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 13.88 billion current LCU | -4.66 billion current LCU | 18.54 billion current LCU | Cape Verde |
| 2020s | 16.42 billion current LCU | 1.79 billion current LCU | 14.63 billion current LCU | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Cape Verde or United Arab Emirates?
- Cape Verde, at 16.42 billion current LCU against 12.20 billion current LCU in United Arab Emirates as of 2020.
- What is the difference in net incurrence of liabilities, total between Cape Verde and United Arab Emirates?
- 4.21 billion current LCU, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and United Arab Emirates?
- 10 years are reported by both, from 2011 to 2020.
- How do Cape Verde and United Arab Emirates rank globally for net incurrence of liabilities, total?
- Cape Verde ranks 76th and United Arab Emirates ranks 79th 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.