Ethiopia vs Papua New Guinea: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Ethiopia
- Papua New Guinea
How they compare
Ethiopia currently reports 2.2% against 2.1% in Papua New Guinea, a difference of 0.1%.
The two have swapped places 10 times across 23 shared years of data; in 1990 it was Ethiopia ahead.
Ethiopia ranks 88th and Papua New Guinea ranks 89th of 136 countries.
Across the 4 decades both report, Ethiopia averaged higher in 3 and Papua New Guinea in 1.
Head to head by decade
| Decade | Ethiopia | Papua New Guinea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 4.4% | 3.5% | 0.9% | Ethiopia |
| 2000s | 5.8% | 3.4% | 2.4% | Ethiopia |
| 2010s | 4.5% | 4.5% | 0.0% | Ethiopia |
| 2020s | 3.6% | 5.5% | 1.9% | Papua New Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Ethiopia or Papua New Guinea?
- Ethiopia, at 2.2% against 2.1% in Papua New Guinea as of 2024.
- What is the difference in net incurrence of liabilities, total between Ethiopia and Papua New Guinea?
- 0.1%, with Ethiopia ahead.
- How many years of comparable data are there for Ethiopia and Papua New Guinea?
- 23 years are reported by both, from 1990 to 2024.
- How do Ethiopia and Papua New Guinea rank globally for net incurrence of liabilities, total?
- Ethiopia ranks 88th and Papua New Guinea ranks 89th 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.