Democratic Republic of Congo vs Philippines: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Democratic Republic of Congo
- Philippines
How they compare
Democratic Republic of Congo currently reports 1.39 trillion current LCU against 1.28 trillion current LCU in Philippines, a difference of 112.45 billion current LCU.
That makes Democratic Republic of Congo's figure about 1.1 times Philippines's.
The two have swapped places 2 times across 29 shared years of data; in 1990 it was Philippines ahead.
Democratic Republic of Congo ranks 26th and Philippines ranks 28th of 136 countries.
Philippines has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Democratic Republic of Congo | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.16 million current LCU | 5.68 billion current LCU | 5.67 billion current LCU | Philippines |
| 2000s | -5.91 billion current LCU | 202.20 billion current LCU | 208.11 billion current LCU | Philippines |
| 2010s | 39.17 billion current LCU | 341.05 billion current LCU | 301.88 billion current LCU | Philippines |
| 2020s | 1.30 trillion current LCU | 1.77 trillion current LCU | 469.83 billion current LCU | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Democratic Republic of Congo or Philippines?
- Democratic Republic of Congo, at 1.39 trillion current LCU against 1.28 trillion current LCU in Philippines as of 2022.
- What is the difference in net incurrence of liabilities, total between Democratic Republic of Congo and Philippines?
- 112.45 billion current LCU, with Democratic Republic of Congo ahead.
- How many years of comparable data are there for Democratic Republic of Congo and Philippines?
- 29 years are reported by both, from 1990 to 2022.
- How do Democratic Republic of Congo and Philippines rank globally for net incurrence of liabilities, total?
- Democratic Republic of Congo ranks 26th and Philippines ranks 28th 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.