Congo, Democratic Republic of the vs Lao People's Democratic Republic: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Congo, Democratic Republic of the
- Lao People's Democratic Republic
How they compare
Congo, Democratic Republic of the currently reports 1.39 trillion current LCU against 1.27 trillion current LCU in Lao People's Democratic Republic, a difference of 121.16 billion current LCU.
That makes Congo, Democratic Republic of the's figure about 1.1 times Lao People's Democratic Republic's.
The two have swapped places 1 time across 14 shared years of data; in 2008 it was Lao People's Democratic Republic ahead.
Congo, Democratic Republic of the ranks 26th and Lao People's Democratic Republic ranks 29th of 136 countries.
Lao People's Democratic Republic has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Congo, Democratic Republic of the | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -7.10 billion current LCU | 1.04 trillion current LCU | 1.04 trillion current LCU | Lao People's Democratic Republic |
| 2010s | 39.17 billion current LCU | 3.01 trillion current LCU | 2.97 trillion current LCU | Lao People's Democratic Republic |
| 2020s | 1.30 trillion current LCU | 2.68 trillion current LCU | 1.38 trillion current LCU | Lao People's Democratic Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Congo, Democratic Republic of the or Lao People's Democratic Republic?
- Congo, Democratic Republic of the, at 1.39 trillion current LCU against 1.27 trillion current LCU in Lao People's Democratic Republic as of 2022.
- What is the difference in net incurrence of liabilities, total between Congo, Democratic Republic of the and Lao People's Democratic Republic?
- 121.16 billion current LCU, with Congo, Democratic Republic of the ahead.
- How many years of comparable data are there for Congo, Democratic Republic of the and Lao People's Democratic Republic?
- 14 years are reported by both, from 2008 to 2022.
- How do Congo, Democratic Republic of the and Lao People's Democratic Republic rank globally for net incurrence of liabilities, total?
- Congo, Democratic Republic of the ranks 26th and Lao People's Democratic Republic ranks 29th 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.