Caribbean Small States vs United Kingdom: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Caribbean Small States
- United Kingdom
How they compare
United Kingdom currently reports 7.0% against 2.9% in Caribbean Small States, a difference of 4.1%.
That makes United Kingdom's figure about 2.4 times Caribbean Small States's.
Across all 11 years both countries report, United Kingdom has been ahead every year.
Caribbean Small States ranks 20th and United Kingdom ranks 20th of 21 groups.
United Kingdom has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Caribbean Small States | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.3% | 10.0% | 8.7% | United Kingdom |
| 2010s | 2.5% | 7.1% | 4.6% | United Kingdom |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Caribbean Small States or United Kingdom?
- United Kingdom, at 7.0% 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 United Kingdom?
- 4.1%, with United Kingdom ahead.
- How many years of comparable data are there for Caribbean Small States and United Kingdom?
- 11 years are reported by both, from 2006 to 2016.
- How do Caribbean Small States and United Kingdom rank globally for net incurrence of liabilities, total?
- Caribbean Small States ranks 20th and United Kingdom ranks 20th 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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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.