Marshall Islands vs Micronesia (country): Net incurrence of liabilities, total (current LCU)
Net incurrence of liabilities, total (current LCU) over time
- Marshall Islands
- Micronesia (country)
How they compare
Micronesia (country) currently reports 5.59 million current LCU against -241,000 current LCU in Marshall Islands, a difference of 5.83 million current LCU.
That makes Micronesia (country)'s figure about 23.2 times Marshall Islands's.
The two have swapped places 6 times across 13 shared years of data; in 2008 it was Micronesia (country) ahead.
Marshall Islands ranks 123rd and Micronesia (country) ranks 120th of 136 countries.
Micronesia (country) has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Marshall Islands | Micronesia (country) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.06 million current LCU | 4.96 million current LCU | 2.89 million current LCU | Micronesia (country) |
| 2010s | -2.53 million current LCU | 1.85 million current LCU | 4.38 million current LCU | Micronesia (country) |
| 2020s | -241,000 current LCU | 5.59 million current LCU | 5.83 million current LCU | Micronesia (country) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Marshall Islands or Micronesia (country)?
- Micronesia (country), at 5.59 million current LCU against -241,000 current LCU in Marshall Islands as of 2020.
- What is the difference in net incurrence of liabilities, total between Marshall Islands and Micronesia (country)?
- 5.83 million current LCU, with Micronesia (country) ahead.
- How many years of comparable data are there for Marshall Islands and Micronesia (country)?
- 13 years are reported by both, from 2008 to 2020.
- How do Marshall Islands and Micronesia (country) rank globally for net incurrence of liabilities, total?
- Marshall Islands ranks 123rd and Micronesia (country) ranks 120th 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.