Europe & Central Asia vs United Kingdom: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Europe & Central Asia
- United Kingdom
How they compare
United Kingdom currently reports 7.0% against 2.4% in Europe & Central Asia, a difference of 4.6%.
That makes United Kingdom's figure about 2.9 times Europe & Central Asia's.
The two have swapped places 3 times across 11 shared years of data; in 1976 it was United Kingdom ahead.
Europe & Central Asia ranks 21st and United Kingdom ranks 20th of 21 groups.
Across the 2 decades both report, Europe & Central Asia averaged higher in 1 and United Kingdom in 1.
Head to head by decade
| Decade | Europe & Central Asia | United Kingdom | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.9% | 6.1% | 2.2% | United Kingdom |
| 1980s | 3.5% | 2.2% | 1.3% | Europe & Central Asia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Europe & Central Asia or United Kingdom?
- United Kingdom, at 7.0% 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 United Kingdom?
- 4.6%, with United Kingdom ahead.
- How many years of comparable data are there for Europe & Central Asia and United Kingdom?
- 11 years are reported by both, from 1976 to 1988.
- How do Europe & Central Asia and United Kingdom rank globally for net incurrence of liabilities, total?
- Europe & Central Asia ranks 21st and United Kingdom ranks 20th 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.