Micronesia (Federated States of) vs Tonga: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Micronesia (Federated States of)
- Tonga
How they compare
Micronesia (Federated States of) currently reports 5.59 million current LCU against 693,426 current LCU in Tonga, a difference of 4.90 million current LCU.
That makes Micronesia (Federated States of)'s figure about 8.1 times Tonga's.
The two have swapped places 5 times across 8 shared years of data; in 2013 it was Micronesia (Federated States of) ahead.
Micronesia (Federated States of) ranks 120th and Tonga ranks 122nd of 136 countries.
Across the 2 decades both report, Micronesia (Federated States of) averaged higher in 1 and Tonga in 1.
Head to head by decade
| Decade | Micronesia (Federated States of) | Tonga | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 540,796 current LCU | 137,354 current LCU | 403,441 current LCU | Micronesia (Federated States of) |
| 2020s | 5.59 million current LCU | 8.28 million current LCU | 2.69 million current LCU | Tonga |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Micronesia (Federated States of) or Tonga?
- Micronesia (Federated States of), at 5.59 million current LCU against 693,426 current LCU in Tonga as of 2020.
- What is the difference in net incurrence of liabilities, total between Micronesia (Federated States of) and Tonga?
- 4.90 million current LCU, with Micronesia (Federated States of) ahead.
- How many years of comparable data are there for Micronesia (Federated States of) and Tonga?
- 8 years are reported by both, from 2013 to 2020.
- How do Micronesia (Federated States of) and Tonga rank globally for net incurrence of liabilities, total?
- Micronesia (Federated States of) ranks 120th 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.
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.