Congo, Republic of vs Iceland: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Congo, Republic of
- Iceland
How they compare
Congo, Republic of currently reports 119.50 billion current LCU against 113.95 billion current LCU in Iceland, a difference of 5.55 billion current LCU.
The two have swapped places 3 times across 18 shared years of data; in 2004 it was Congo, Republic of ahead.
Congo, Republic of ranks 54th and Iceland ranks 56th of 136 countries.
Across the 3 decades both report, Congo, Republic of averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Congo, Republic of | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -217.71 billion current LCU | 184.21 billion current LCU | 401.91 billion current LCU | Iceland |
| 2010s | 77.89 billion current LCU | -23.13 billion current LCU | 101.02 billion current LCU | Congo, Republic of |
| 2020s | 183.31 billion current LCU | 202.49 billion current LCU | 19.17 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Congo, Republic of or Iceland?
- Congo, Republic of, at 119.50 billion current LCU against 113.95 billion current LCU in Iceland as of 2021.
- What is the difference in net incurrence of liabilities, total between Congo, Republic of and Iceland?
- 5.55 billion current LCU, with Congo, Republic of ahead.
- How many years of comparable data are there for Congo, Republic of and Iceland?
- 18 years are reported by both, from 2004 to 2021.
- How do Congo, Republic of and Iceland rank globally for net incurrence of liabilities, total?
- Congo, Republic of ranks 54th and Iceland ranks 56th 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.