Philippines vs Rwanda: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Philippines
- Rwanda
How they compare
Philippines currently reports 1.28 trillion current LCU against 957.05 billion current LCU in Rwanda, a difference of 319.69 billion current LCU.
That makes Philippines's figure about 1.3 times Rwanda's.
The two have swapped places 3 times across 10 shared years of data; in 2014 it was Rwanda ahead.
Philippines ranks 28th and Rwanda ranks 31st of 136 countries.
Across the 2 decades both report, Philippines averaged higher in 1 and Rwanda in 1.
Head to head by decade
| Decade | Philippines | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 313.97 billion current LCU | 362.02 billion current LCU | 48.05 billion current LCU | Rwanda |
| 2020s | 1.66 trillion current LCU | 1.12 trillion current LCU | 543.29 billion current LCU | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Philippines or Rwanda?
- Philippines, at 1.28 trillion current LCU against 957.05 billion current LCU in Rwanda as of 2024.
- What is the difference in net incurrence of liabilities, total between Philippines and Rwanda?
- 319.69 billion current LCU, with Philippines ahead.
- How many years of comparable data are there for Philippines and Rwanda?
- 10 years are reported by both, from 2014 to 2023.
- How do Philippines and Rwanda rank globally for net incurrence of liabilities, total?
- Philippines ranks 28th and Rwanda ranks 31st 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.