Guinea-Bissau vs Least developed countries: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Guinea-Bissau
- Least developed countries
How they compare
Guinea-Bissau currently reports 9.5% against 3.8% in Least developed countries, a difference of 5.7%.
That makes Guinea-Bissau's figure about 2.5 times Least developed countries's.
The two have swapped places 1 time across 5 shared years of data; in 2017 it was Least developed countries ahead.
Guinea-Bissau ranks 10th and Least developed countries ranks 11th of 136 countries.
Across the 2 decades both report, Guinea-Bissau averaged higher in 1 and Least developed countries in 1.
Head to head by decade
| Decade | Guinea-Bissau | Least developed countries | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.6% | 3.7% | 0.1% | Least developed countries |
| 2020s | 8.0% | 4.1% | 3.9% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Guinea-Bissau or Least developed countries?
- Guinea-Bissau, at 9.5% against 3.8% in Least developed countries as of 2024.
- What is the difference in net incurrence of liabilities, total between Guinea-Bissau and Least developed countries?
- 5.7%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Guinea-Bissau and Least developed countries?
- 5 years are reported by both, from 2017 to 2021.
- How do Guinea-Bissau and Least developed countries rank globally for net incurrence of liabilities, total?
- Guinea-Bissau ranks 10th and Least developed countries ranks 11th 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.
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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.