Euro area vs Singapore: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Euro area
- Singapore
How they compare
Singapore currently reports 8.7% against 3.2% in Euro area, a difference of 5.5%.
That makes Singapore's figure about 2.7 times Euro area's.
The two have swapped places 2 times across 16 shared years of data; in 1975 it was Singapore ahead.
Euro area ranks 14th and Singapore ranks 14th of 21 groups.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Euro area | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.1% | 10.0% | 6.8% | Singapore |
| 1980s | 3.7% | 8.9% | 5.2% | Singapore |
| 1990s | 3.2% | 12.2% | 9.0% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Euro area or Singapore?
- Singapore, at 8.7% against 3.2% in Euro area as of 2024.
- What is the difference in net incurrence of liabilities, total between Euro area and Singapore?
- 5.5%, with Singapore ahead.
- How many years of comparable data are there for Euro area and Singapore?
- 16 years are reported by both, from 1975 to 1990.
- How do Euro area and Singapore rank globally for net incurrence of liabilities, total?
- Euro area ranks 14th and Singapore ranks 14th 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.
Individual pages
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.