Iceland vs Uruguay: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Iceland
- Uruguay
How they compare
Uruguay currently reports 118.68 billion current LCU against 113.95 billion current LCU in Iceland, a difference of 4.73 billion current LCU.
The two have swapped places 9 times across 47 shared years of data; in 1972 it was Iceland ahead.
Iceland ranks 56th and Uruguay ranks 55th of 136 countries.
Across the 6 decades both report, Iceland averaged higher in 5 and Uruguay in 1.
Head to head by decade
| Decade | Iceland | Uruguay | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 113.75 million current LCU | 375,250 current LCU | 113.37 million current LCU | Iceland |
| 1980s | 3.76 billion current LCU | 99.00 million current LCU | 3.66 billion current LCU | Iceland |
| 1990s | 10.68 billion current LCU | 1.49 billion current LCU | 9.19 billion current LCU | Iceland |
| 2000s | 130.97 billion current LCU | 14.63 billion current LCU | 116.35 billion current LCU | Iceland |
| 2010s | -23.13 billion current LCU | 32.83 billion current LCU | 55.96 billion current LCU | Uruguay |
| 2020s | 168.19 billion current LCU | 116.67 billion current LCU | 51.52 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Iceland or Uruguay?
- Uruguay, at 118.68 billion current LCU against 113.95 billion current LCU in Iceland as of 2024.
- What is the difference in net incurrence of liabilities, total between Iceland and Uruguay?
- 4.73 billion current LCU, with Uruguay ahead.
- How many years of comparable data are there for Iceland and Uruguay?
- 47 years are reported by both, from 1972 to 2023.
- How do Iceland and Uruguay rank globally for net incurrence of liabilities, total?
- Iceland ranks 56th and Uruguay ranks 55th 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.