Europe & Central Asia vs Rwanda: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- Europe & Central Asia
- Rwanda
How they compare
Rwanda currently reports 6.6% against 2.4% in Europe & Central Asia, a difference of 4.2%.
That makes Rwanda's figure about 2.8 times Europe & Central Asia's.
The two have swapped places 1 time across 5 shared years of data; in 1976 it was Europe & Central Asia ahead.
Europe & Central Asia ranks 21st and Rwanda ranks 24th of 21 groups.
Across the 2 decades both report, Europe & Central Asia averaged higher in 1 and Rwanda in 1.
Head to head by decade
| Decade | Europe & Central Asia | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.9% | 2.0% | 1.9% | Europe & Central Asia |
| 1980s | 3.1% | 3.7% | 0.6% | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Europe & Central Asia or Rwanda?
- Rwanda, at 6.6% against 2.4% in Europe & Central Asia as of 2024.
- What is the difference in net incurrence of liabilities, total between Europe & Central Asia and Rwanda?
- 4.2%, with Rwanda ahead.
- How many years of comparable data are there for Europe & Central Asia and Rwanda?
- 5 years are reported by both, from 1976 to 1980.
- How do Europe & Central Asia and Rwanda rank globally for net incurrence of liabilities, total?
- Europe & Central Asia ranks 21st and Rwanda ranks 24th 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.