Guinea-Bissau vs Sri Lanka: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Guinea-Bissau
- Sri Lanka
How they compare
Sri Lanka currently reports 10.1% against 9.5% in Guinea-Bissau, a difference of 0.6%.
That makes Sri Lanka's figure about 1.1 times Guinea-Bissau's.
Across all 7 years both countries report, Sri Lanka has been ahead every year.
Guinea-Bissau ranks 10th and Sri Lanka ranks 8th of 136 countries.
Sri Lanka has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 3.6% | 5.6% | 2.0% | Sri Lanka |
| 2020s | 7.9% | 10.7% | 2.8% | Sri Lanka |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Guinea-Bissau or Sri Lanka?
- Sri Lanka, at 10.1% against 9.5% in Guinea-Bissau as of 2023.
- What is the difference in net incurrence of liabilities, total between Guinea-Bissau and Sri Lanka?
- 0.6%, with Sri Lanka ahead.
- How many years of comparable data are there for Guinea-Bissau and Sri Lanka?
- 7 years are reported by both, from 2017 to 2023.
- How do Guinea-Bissau and Sri Lanka rank globally for net incurrence of liabilities, total?
- Guinea-Bissau ranks 10th and Sri Lanka ranks 8th 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.