Canada vs Solomon Islands: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Canada
- Solomon Islands
How they compare
Canada currently reports 5.0% against 5.0% in Solomon Islands, a difference of 0.0%.
The two have swapped places 6 times across 14 shared years of data; in 2011 it was Canada ahead.
Canada ranks 40th and Solomon Islands ranks 42nd of 136 countries.
Canada has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Canada | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.3% | -0.2% | 1.5% | Canada |
| 2020s | 6.8% | 3.7% | 3.2% | Canada |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Canada or Solomon Islands?
- Canada, at 5.0% against 5.0% in Solomon Islands as of 2024.
- What is the difference in net incurrence of liabilities, total between Canada and Solomon Islands?
- 0.0%, with Canada ahead.
- How many years of comparable data are there for Canada and Solomon Islands?
- 14 years are reported by both, from 2011 to 2024.
- How do Canada and Solomon Islands rank globally for net incurrence of liabilities, total?
- Canada ranks 40th and Solomon Islands ranks 42nd 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.
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 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.