Finland vs North America: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Finland
- North America
How they compare
Finland currently reports 13.5% against 6.9% in North America, a difference of 6.6%.
That makes Finland's figure about 2.0 times North America's.
The two have swapped places 3 times across 23 shared years of data; in 1972 it was North America ahead.
Finland ranks 4th and North America ranks 3rd of 136 countries.
Across the 3 decades both report, Finland averaged higher in 1 and North America in 2.
Head to head by decade
| Decade | Finland | North America | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.7% | 2.2% | 1.4% | North America |
| 1980s | 1.3% | 3.8% | 2.5% | North America |
| 1990s | 9.9% | 3.9% | 6.0% | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Finland or North America?
- Finland, at 13.5% against 6.9% in North America as of 1994.
- What is the difference in net incurrence of liabilities, total between Finland and North America?
- 6.6%, with Finland ahead.
- How many years of comparable data are there for Finland and North America?
- 23 years are reported by both, from 1972 to 1994.
- How do Finland and North America rank globally for net incurrence of liabilities, total?
- Finland ranks 4th and North America ranks 3rd 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.
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.