Equatorial Guinea vs Iceland: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Equatorial Guinea
- Iceland
How they compare
Iceland currently reports 113.95 billion current LCU against 99.50 billion current LCU in Equatorial Guinea, a difference of 14.45 billion current LCU.
That makes Iceland's figure about 1.1 times Equatorial Guinea's.
The two have swapped places 1 time across 9 shared years of data; in 2006 it was Iceland ahead.
Equatorial Guinea ranks 57th and Iceland ranks 56th of 136 countries.
Across the 2 decades both report, Equatorial Guinea averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Equatorial Guinea | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -12.91 billion current LCU | 285.88 billion current LCU | 298.79 billion current LCU | Iceland |
| 2010s | 95.08 billion current LCU | 71.31 billion current LCU | 23.77 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, Equatorial Guinea or Iceland?
- Iceland, at 113.95 billion current LCU against 99.50 billion current LCU in Equatorial Guinea as of 2023.
- What is the difference in net incurrence of liabilities, total between Equatorial Guinea and Iceland?
- 14.45 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Equatorial Guinea and Iceland?
- 9 years are reported by both, from 2006 to 2014.
- How do Equatorial Guinea and Iceland rank globally for net incurrence of liabilities, total?
- Equatorial Guinea ranks 57th 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.