Canada vs Namibia: Net incurrence of liabilities, total

Canada
5.0%
in 2024
Namibia
5.0%
in 2024
Canada rank
40th
Namibia rank
41st

Net incurrence of liabilities, total over time

  • Canada
  • Namibia
05101520199020072024

How they compare

Canada currently reports 5.0% against 5.0% in Namibia, a difference of 0.0%.

The two have swapped places 9 times across 25 shared years of data; in 2000 it was Namibia ahead.

Canada ranks 40th and Namibia ranks 41st of 136 countries.

Across the 3 decades both report, Canada averaged higher in 1 and Namibia in 2.

Head to head by decade

Decade Canada Namibia Difference Ahead
2000s 1.0% 1.6% 0.6% Namibia
2010s 1.5% 4.9% 3.4% Namibia
2020s 6.8% 6.5% 0.3% Canada

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, total, Canada or Namibia?
Canada, at 5.0% against 5.0% in Namibia as of 2024.
What is the difference in net incurrence of liabilities, total between Canada and Namibia?
0.0%, with Canada ahead.
How many years of comparable data are there for Canada and Namibia?
25 years are reported by both, from 2000 to 2024.
How do Canada and Namibia rank globally for net incurrence of liabilities, total?
Canada ranks 40th and Namibia ranks 41st 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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Canada vs Namibia: Net incurrence of liabilities, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 04 September 2026, from https://public-sector.statizoid.com/compare/net-incurrence-of-liabilities-total-percent-of-gdp/canada/namibia/

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About this data

Indicator
Net incurrence of liabilities, total (% of GDP)
Unit
% of GDP
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 3,371 data points, 1972–2024
Last refreshed

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.