Europe & Central Asia (excluding high income) vs Guinea-Bissau: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Europe & Central Asia (excluding high income)
- Guinea-Bissau
How they compare
Guinea-Bissau currently reports 9.5% against 5.8% in Europe & Central Asia (excluding high income), a difference of 3.7%.
That makes Guinea-Bissau's figure about 1.7 times Europe & Central Asia (excluding high income)'s.
The two have swapped places 1 time across 8 shared years of data; in 2017 it was Europe & Central Asia (excluding high income) ahead.
Europe & Central Asia (excluding high income) ranks 8th and Guinea-Bissau ranks 10th of 21 groups.
Guinea-Bissau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Europe & Central Asia (excluding high income) | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.8% | 3.6% | 0.8% | Guinea-Bissau |
| 2020s | 5.9% | 8.2% | 2.3% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Europe & Central Asia (excluding high income) or Guinea-Bissau?
- Guinea-Bissau, at 9.5% against 5.8% in Europe & Central Asia (excluding high income) as of 2024.
- What is the difference in net incurrence of liabilities, total between Europe & Central Asia (excluding high income) and Guinea-Bissau?
- 3.7%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Europe & Central Asia (excluding high income) and Guinea-Bissau?
- 8 years are reported by both, from 2017 to 2024.
- How do Europe & Central Asia (excluding high income) and Guinea-Bissau rank globally for net incurrence of liabilities, total?
- Europe & Central Asia (excluding high income) ranks 8th and Guinea-Bissau ranks 10th 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.
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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.