Costa Rica vs Philippines: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Costa Rica
- Philippines
How they compare
Costa Rica currently reports 1.29 trillion current LCU against 1.28 trillion current LCU in Philippines, a difference of 11.45 billion current LCU.
Across all 6 years both countries report, Costa Rica has been ahead every year.
Costa Rica ranks 27th and Philippines ranks 28th of 136 countries.
Costa Rica has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Costa Rica | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.11 trillion current LCU | 435.67 billion current LCU | 2.68 trillion current LCU | Costa Rica |
| 2020s | 1.95 trillion current LCU | 1.59 trillion current LCU | 365.70 billion current LCU | Costa Rica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Costa Rica or Philippines?
- Costa Rica, at 1.29 trillion current LCU against 1.28 trillion current LCU in Philippines as of 2024.
- What is the difference in net incurrence of liabilities, total between Costa Rica and Philippines?
- 11.45 billion current LCU, with Costa Rica ahead.
- How many years of comparable data are there for Costa Rica and Philippines?
- 6 years are reported by both, from 2019 to 2024.
- How do Costa Rica and Philippines rank globally for net incurrence of liabilities, total?
- Costa Rica ranks 27th 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.