Micronesia (country) vs Palau: Net incurrence of liabilities, total (current LCU)
Net incurrence of liabilities, total (current LCU) over time
- Micronesia (country)
- Palau
How they compare
Palau currently reports 52.56 million current LCU against 5.59 million current LCU in Micronesia (country), a difference of 46.97 million current LCU.
That makes Palau's figure about 9.4 times Micronesia (country)'s.
The two have swapped places 7 times across 13 shared years of data; in 2008 it was Micronesia (country) ahead.
Micronesia (country) ranks 120th and Palau ranks 118th of 136 countries.
Across the 3 decades both report, Micronesia (country) averaged higher in 1 and Palau in 2.
Head to head by decade
| Decade | Micronesia (country) | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 4.96 million current LCU | -1.42 million current LCU | 6.38 million current LCU | Micronesia (country) |
| 2010s | 1.85 million current LCU | 3.63 million current LCU | 1.77 million current LCU | Palau |
| 2020s | 5.59 million current LCU | 52.56 million current LCU | 46.97 million current LCU | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Micronesia (country) or Palau?
- Palau, at 52.56 million current LCU against 5.59 million current LCU in Micronesia (country) as of 2020.
- What is the difference in net incurrence of liabilities, total between Micronesia (country) and Palau?
- 46.97 million current LCU, with Palau ahead.
- How many years of comparable data are there for Micronesia (country) and Palau?
- 13 years are reported by both, from 2008 to 2020.
- How do Micronesia (country) and Palau rank globally for net incurrence of liabilities, total?
- Micronesia (country) ranks 120th and Palau ranks 118th 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.