Caribbean Small States vs North Macedonia: Net incurrence of liabilities, total

Caribbean Small States
2.9%
in 2016
North Macedonia
6.6%
in 2024
Caribbean Small States rank
20th
North Macedonia rank
23rd

Net incurrence of liabilities, total over time

  • Caribbean Small States
  • North Macedonia
-50510200520142024

How they compare

North Macedonia currently reports 6.6% against 2.9% in Caribbean Small States, a difference of 3.7%.

That makes North Macedonia's figure about 2.3 times Caribbean Small States's.

The two have swapped places 3 times across 11 shared years of data; in 2006 it was Caribbean Small States ahead.

Caribbean Small States ranks 20th and North Macedonia ranks 23rd of 21 groups.

Across the 2 decades both report, Caribbean Small States averaged higher in 1 and North Macedonia in 1.

Head to head by decade

Decade Caribbean Small States North Macedonia Difference Ahead
2000s 1.3% -1.7% 3.0% Caribbean Small States
2010s 2.5% 4.1% 1.6% North Macedonia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher net incurrence of liabilities, total, Caribbean Small States or North Macedonia?
North Macedonia, at 6.6% against 2.9% in Caribbean Small States as of 2024.
What is the difference in net incurrence of liabilities, total between Caribbean Small States and North Macedonia?
3.7%, with North Macedonia ahead.
How many years of comparable data are there for Caribbean Small States and North Macedonia?
11 years are reported by both, from 2006 to 2016.
How do Caribbean Small States and North Macedonia rank globally for net incurrence of liabilities, total?
Caribbean Small States ranks 20th and North Macedonia ranks 23rd of 21 groups.
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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Caribbean Small States vs North Macedonia: Net incurrence of liabilities, total. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 15 September 2026, from https://public-sector.statizoid.com/compare/net-incurrence-of-liabilities-total-percent-of-gdp/caribbean-small-states/north-macedonia/

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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.