Cape Verde vs Singapore: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Cape Verde
- Singapore
How they compare
Cape Verde currently reports 9.3% against 8.7% in Singapore, a difference of 0.6%.
That makes Cape Verde's figure about 1.1 times Singapore's.
The two have swapped places 5 times across 16 shared years of data; in 2005 it was Cape Verde ahead.
Cape Verde ranks 12th and Singapore ranks 14th of 136 countries.
Across the 3 decades both report, Cape Verde averaged higher in 1 and Singapore in 2.
Head to head by decade
| Decade | Cape Verde | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.6% | 8.4% | 4.7% | Singapore |
| 2010s | 8.3% | 8.2% | 0.1% | Cape Verde |
| 2020s | 9.3% | 15.2% | 5.9% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Cape Verde or Singapore?
- Cape Verde, at 9.3% against 8.7% in Singapore as of 2020.
- What is the difference in net incurrence of liabilities, total between Cape Verde and Singapore?
- 0.6%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Singapore?
- 16 years are reported by both, from 2005 to 2020.
- How do Cape Verde and Singapore rank globally for net incurrence of liabilities, total?
- Cape Verde ranks 12th and Singapore ranks 14th 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.