Myanmar vs Sri Lanka: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Myanmar
- Sri Lanka
How they compare
Myanmar currently reports 3.39 trillion current LCU against 2.77 trillion current LCU in Sri Lanka, a difference of 620.30 billion current LCU.
That makes Myanmar's figure about 1.2 times Sri Lanka's.
Across all 11 years both countries report, Myanmar has been ahead every year.
Myanmar ranks 14th and Sri Lanka ranks 16th of 136 countries.
Myanmar has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Myanmar | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 188.66 billion current LCU | 153.89 billion current LCU | 34.78 billion current LCU | Myanmar |
| 2010s | 1.94 trillion current LCU | 705.20 billion current LCU | 1.24 trillion current LCU | Myanmar |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Myanmar or Sri Lanka?
- Myanmar, at 3.39 trillion current LCU against 2.77 trillion current LCU in Sri Lanka as of 2019.
- What is the difference in net incurrence of liabilities, total between Myanmar and Sri Lanka?
- 620.30 billion current LCU, with Myanmar ahead.
- How many years of comparable data are there for Myanmar and Sri Lanka?
- 11 years are reported by both, from 2003 to 2019.
- How do Myanmar and Sri Lanka rank globally for net incurrence of liabilities, total?
- Myanmar ranks 14th and Sri Lanka ranks 16th 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.