Gabon vs Iceland: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Gabon
- Iceland
How they compare
Iceland currently reports 113.95 billion current LCU against 98.63 billion current LCU in Gabon, a difference of 15.32 billion current LCU.
That makes Iceland's figure about 1.2 times Gabon's.
The two have swapped places 4 times across 9 shared years of data; in 2012 it was Iceland ahead.
Gabon ranks 58th and Iceland ranks 56th of 136 countries.
Across the 2 decades both report, Gabon averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Gabon | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -34.28 billion current LCU | -77.05 billion current LCU | 42.77 billion current LCU | Gabon |
| 2020s | 98.63 billion current LCU | 152.78 billion current LCU | 54.15 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Gabon or Iceland?
- Iceland, at 113.95 billion current LCU against 98.63 billion current LCU in Gabon as of 2023.
- What is the difference in net incurrence of liabilities, total between Gabon and Iceland?
- 15.32 billion current LCU, with Iceland ahead.
- How many years of comparable data are there for Gabon and Iceland?
- 9 years are reported by both, from 2012 to 2021.
- How do Gabon and Iceland rank globally for net incurrence of liabilities, total?
- Gabon ranks 58th 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.
Individual pages
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.