Congo vs Equatorial Guinea: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Congo
- Equatorial Guinea
How they compare
Congo currently reports 119.50 billion current LCU against 99.50 billion current LCU in Equatorial Guinea, a difference of 20.00 billion current LCU.
That makes Congo's figure about 1.2 times Equatorial Guinea's.
The two have swapped places 3 times across 9 shared years of data; in 2006 it was Equatorial Guinea ahead.
Congo ranks 54th and Equatorial Guinea ranks 57th of 136 countries.
Equatorial Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Congo | Equatorial Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -423.44 billion current LCU | -12.91 billion current LCU | 410.53 billion current LCU | Equatorial Guinea |
| 2010s | -54.69 billion current LCU | 95.08 billion current LCU | 149.77 billion current LCU | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Congo or Equatorial Guinea?
- Congo, at 119.50 billion current LCU against 99.50 billion current LCU in Equatorial Guinea as of 2021.
- What is the difference in net incurrence of liabilities, total between Congo and Equatorial Guinea?
- 20.00 billion current LCU, with Congo ahead.
- How many years of comparable data are there for Congo and Equatorial Guinea?
- 9 years are reported by both, from 2006 to 2014.
- How do Congo and Equatorial Guinea rank globally for net incurrence of liabilities, total?
- Congo ranks 54th and Equatorial Guinea ranks 57th 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.