Bhutan vs North Macedonia: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Bhutan
- North Macedonia
How they compare
North Macedonia currently reports 6.6% against 6.4% in Bhutan, a difference of 0.2%.
The two have swapped places 3 times across 16 shared years of data; in 2005 it was Bhutan ahead.
Bhutan ranks 24th and North Macedonia ranks 23rd of 136 countries.
Across the 3 decades both report, Bhutan averaged higher in 2 and North Macedonia in 1.
Head to head by decade
| Decade | Bhutan | North Macedonia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.7% | -0.9% | 1.6% | Bhutan |
| 2010s | 4.5% | 3.6% | 0.9% | Bhutan |
| 2020s | 6.4% | 10.1% | 3.7% | North Macedonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Bhutan or North Macedonia?
- North Macedonia, at 6.6% against 6.4% in Bhutan as of 2024.
- What is the difference in net incurrence of liabilities, total between Bhutan and North Macedonia?
- 0.2%, with North Macedonia ahead.
- How many years of comparable data are there for Bhutan and North Macedonia?
- 16 years are reported by both, from 2005 to 2020.
- How do Bhutan and North Macedonia rank globally for net incurrence of liabilities, total?
- Bhutan ranks 24th and North Macedonia ranks 23rd 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.