Dominican Republic vs Iceland: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Dominican Republic
- Iceland
How they compare
Dominican Republic currently reports 2.8% against 2.6% in Iceland, a difference of 0.2%.
That makes Dominican Republic's figure about 1.1 times Iceland's.
The two have swapped places 5 times across 28 shared years of data; in 1990 it was Iceland ahead.
Dominican Republic ranks 75th and Iceland ranks 77th of 136 countries.
Across the 4 decades both report, Dominican Republic averaged higher in 2 and Iceland in 2.
Head to head by decade
| Decade | Dominican Republic | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | -0.5% | 2.1% | 2.6% | Iceland |
| 2000s | 2.3% | 10.2% | 7.9% | Iceland |
| 2010s | 3.3% | -0.3% | 3.6% | Dominican Republic |
| 2020s | 5.3% | 4.9% | 0.5% | Dominican Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Dominican Republic or Iceland?
- Dominican Republic, at 2.8% against 2.6% in Iceland as of 2024.
- What is the difference in net incurrence of liabilities, total between Dominican Republic and Iceland?
- 0.2%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Iceland?
- 28 years are reported by both, from 1990 to 2023.
- How do Dominican Republic and Iceland rank globally for net incurrence of liabilities, total?
- Dominican Republic ranks 75th 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.