Hungary vs Trinidad and Tobago: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Hungary
- Trinidad and Tobago
How they compare
Trinidad and Tobago currently reports 4.7% against 4.3% in Hungary, a difference of 0.4%.
That makes Trinidad and Tobago's figure about 1.1 times Hungary's.
The two have swapped places 3 times across 14 shared years of data; in 2006 it was Hungary ahead.
Hungary ranks 51st and Trinidad and Tobago ranks 48th of 136 countries.
Hungary has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Hungary | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 6.1% | -0.5% | 6.6% | Hungary |
| 2010s | 3.9% | 2.0% | 1.9% | Hungary |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Hungary or Trinidad and Tobago?
- Trinidad and Tobago, at 4.7% against 4.3% in Hungary as of 2019.
- What is the difference in net incurrence of liabilities, total between Hungary and Trinidad and Tobago?
- 0.4%, with Trinidad and Tobago ahead.
- How many years of comparable data are there for Hungary and Trinidad and Tobago?
- 14 years are reported by both, from 2006 to 2019.
- How do Hungary and Trinidad and Tobago rank globally for net incurrence of liabilities, total?
- Hungary ranks 51st and Trinidad and Tobago ranks 48th 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.