Costa Rica vs Iceland: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Costa Rica
- Iceland
How they compare
Iceland currently reports 2.6% against 2.6% in Costa Rica, a difference of 0.0%.
The two have swapped places 4 times across 5 shared years of data; in 2019 it was Costa Rica ahead.
Costa Rica ranks 79th and Iceland ranks 77th of 136 countries.
Costa Rica has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Costa Rica | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 8.2% | 4.0% | 4.2% | Costa Rica |
| 2020s | 5.1% | 4.9% | 0.2% | Costa Rica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Costa Rica or Iceland?
- Iceland, at 2.6% against 2.6% in Costa Rica as of 2023.
- What is the difference in net incurrence of liabilities, total between Costa Rica and Iceland?
- 0.0%, with Iceland ahead.
- How many years of comparable data are there for Costa Rica and Iceland?
- 5 years are reported by both, from 2019 to 2023.
- How do Costa Rica and Iceland rank globally for net incurrence of liabilities, total?
- Costa Rica ranks 79th and Iceland ranks 77th 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.