Kiribati vs Nauru: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Kiribati
- Nauru
How they compare
Nauru currently reports -3.75 million current LCU against -12.76 million current LCU in Kiribati, a difference of 9.01 million current LCU.
The two have swapped places 2 times across 7 shared years of data; in 2014 it was Kiribati ahead.
Kiribati ranks 125th and Nauru ranks 124th of 136 countries.
Across the 2 decades both report, Kiribati averaged higher in 1 and Nauru in 1.
Head to head by decade
| Decade | Kiribati | Nauru | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -2.69 million current LCU | 4.71 million current LCU | 7.39 million current LCU | Nauru |
| 2020s | -3.41 million current LCU | -3.75 million current LCU | 339,480 current LCU | Kiribati |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Kiribati or Nauru?
- Nauru, at -3.75 million current LCU against -12.76 million current LCU in Kiribati as of 2020.
- What is the difference in net incurrence of liabilities, total between Kiribati and Nauru?
- 9.01 million current LCU, with Nauru ahead.
- How many years of comparable data are there for Kiribati and Nauru?
- 7 years are reported by both, from 2014 to 2020.
- How do Kiribati and Nauru rank globally for net incurrence of liabilities, total?
- Kiribati ranks 125th and Nauru ranks 124th 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.