Kiribati vs Tonga: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Kiribati
- Tonga
How they compare
Tonga currently reports 693,426 current LCU against -12.76 million current LCU in Kiribati, a difference of 13.45 million current LCU.
The two have swapped places 4 times across 11 shared years of data; in 2013 it was Tonga ahead.
Kiribati ranks 125th and Tonga ranks 122nd of 136 countries.
Tonga has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kiribati | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -5.11 million current LCU | 137,354 current LCU | 5.25 million current LCU | Tonga |
| 2020s | -4.84 million current LCU | 2.64 million current LCU | 7.48 million current LCU | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Kiribati or Tonga?
- Tonga, at 693,426 current LCU against -12.76 million current LCU in Kiribati as of 2023.
- What is the difference in net incurrence of liabilities, total between Kiribati and Tonga?
- 13.45 million current LCU, with Tonga ahead.
- How many years of comparable data are there for Kiribati and Tonga?
- 11 years are reported by both, from 2013 to 2023.
- How do Kiribati and Tonga rank globally for net incurrence of liabilities, total?
- Kiribati ranks 125th and Tonga ranks 122nd 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.