Canada vs Congo: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Canada
- Congo
How they compare
Canada currently reports 156.98 billion current LCU against 119.50 billion current LCU in Congo, a difference of 37.48 billion current LCU.
That makes Canada's figure about 1.3 times Congo's.
The two have swapped places 5 times across 18 shared years of data; in 2004 it was Congo ahead.
Canada ranks 51st and Congo ranks 54th of 136 countries.
Across the 3 decades both report, Canada averaged higher in 2 and Congo in 1.
Head to head by decade
| Decade | Canada | Congo | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 28.65 billion current LCU | -217.71 billion current LCU | 246.35 billion current LCU | Canada |
| 2010s | 28.16 billion current LCU | 77.89 billion current LCU | 49.73 billion current LCU | Congo |
| 2020s | 270.31 billion current LCU | 183.31 billion current LCU | 86.99 billion current LCU | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Canada or Congo?
- Canada, at 156.98 billion current LCU against 119.50 billion current LCU in Congo as of 2024.
- What is the difference in net incurrence of liabilities, total between Canada and Congo?
- 37.48 billion current LCU, with Canada ahead.
- How many years of comparable data are there for Canada and Congo?
- 18 years are reported by both, from 2004 to 2021.
- How do Canada and Congo rank globally for net incurrence of liabilities, total?
- Canada ranks 51st and Congo ranks 54th 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.