Singapore vs Spain: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Singapore
- Spain
How they compare
Singapore currently reports 66.75 billion current LCU against 65.74 billion current LCU in Spain, a difference of 1.01 billion current LCU.
The two have swapped places 8 times across 53 shared years of data; in 1972 it was Singapore ahead.
Singapore ranks 63rd and Spain ranks 64th of 136 countries.
Across the 6 decades both report, Singapore averaged higher in 2 and Spain in 4.
Head to head by decade
| Decade | Singapore | Spain | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.33 billion current LCU | 1.01 billion current LCU | 314.19 million current LCU | Singapore |
| 1980s | 3.55 billion current LCU | 8.54 billion current LCU | 4.99 billion current LCU | Spain |
| 1990s | 10.78 billion current LCU | 22.14 billion current LCU | 11.36 billion current LCU | Spain |
| 2000s | 17.44 billion current LCU | 16.23 billion current LCU | 1.22 billion current LCU | Singapore |
| 2010s | 35.68 billion current LCU | 73.25 billion current LCU | 37.57 billion current LCU | Spain |
| 2020s | 62.50 billion current LCU | 97.37 billion current LCU | 34.87 billion current LCU | Spain |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Singapore or Spain?
- Singapore, at 66.75 billion current LCU against 65.74 billion current LCU in Spain as of 2024.
- What is the difference in net incurrence of liabilities, total between Singapore and Spain?
- 1.01 billion current LCU, with Singapore ahead.
- How many years of comparable data are there for Singapore and Spain?
- 53 years are reported by both, from 1972 to 2024.
- How do Singapore and Spain rank globally for net incurrence of liabilities, total?
- Singapore ranks 63rd and Spain ranks 64th 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.