Bosnia and Herzegovina vs Iceland: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Bosnia and Herzegovina
- Iceland
How they compare
Bosnia and Herzegovina currently reports 2.8% against 2.6% in Iceland, a difference of 0.2%.
That makes Bosnia and Herzegovina's figure about 1.1 times Iceland's.
The two have swapped places 3 times across 19 shared years of data; in 2005 it was Bosnia and Herzegovina ahead.
Bosnia and Herzegovina ranks 74th and Iceland ranks 77th of 136 countries.
Across the 3 decades both report, Bosnia and Herzegovina averaged higher in 1 and Iceland in 2.
Head to head by decade
| Decade | Bosnia and Herzegovina | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.9% | 14.0% | 12.1% | Iceland |
| 2010s | 1.4% | -0.3% | 1.7% | Bosnia and Herzegovina |
| 2020s | 2.4% | 4.9% | 2.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Bosnia and Herzegovina or Iceland?
- Bosnia and Herzegovina, at 2.8% against 2.6% in Iceland as of 2024.
- What is the difference in net incurrence of liabilities, total between Bosnia and Herzegovina and Iceland?
- 0.2%, with Bosnia and Herzegovina ahead.
- How many years of comparable data are there for Bosnia and Herzegovina and Iceland?
- 19 years are reported by both, from 2005 to 2023.
- How do Bosnia and Herzegovina and Iceland rank globally for net incurrence of liabilities, total?
- Bosnia and Herzegovina ranks 74th and Iceland ranks 77th 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.