Democratic Republic of Congo vs Equatorial Guinea: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Democratic Republic of Congo
- Equatorial Guinea
How they compare
Democratic Republic of Congo currently reports 1.0% against 0.9% in Equatorial Guinea, a difference of 0.1%.
That makes Democratic Republic of Congo's figure about 1.1 times Equatorial Guinea's.
The two have swapped places 3 times across 8 shared years of data; in 2006 it was Democratic Republic of Congo ahead.
Democratic Republic of Congo ranks 106th and Equatorial Guinea ranks 107th of 136 countries.
Across the 2 decades both report, Democratic Republic of Congo averaged higher in 1 and Equatorial Guinea in 1.
Head to head by decade
| Decade | Democratic Republic of Congo | Equatorial Guinea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -0.0% | -0.2% | 0.2% | Democratic Republic of Congo |
| 2010s | 0.1% | 0.8% | 0.7% | Equatorial Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Democratic Republic of Congo or Equatorial Guinea?
- Democratic Republic of Congo, at 1.0% against 0.9% in Equatorial Guinea as of 2022.
- What is the difference in net incurrence of liabilities, total between Democratic Republic of Congo and Equatorial Guinea?
- 0.1%, with Democratic Republic of Congo ahead.
- How many years of comparable data are there for Democratic Republic of Congo and Equatorial Guinea?
- 8 years are reported by both, from 2006 to 2014.
- How do Democratic Republic of Congo and Equatorial Guinea rank globally for net incurrence of liabilities, total?
- Democratic Republic of Congo ranks 106th and Equatorial Guinea ranks 107th 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.