India vs Rwanda: Net incurrence of liabilities, total (% of GDP)
Net incurrence of liabilities, total (% of GDP) over time
- India
- Rwanda
How they compare
India currently reports 6.7% against 6.6% in Rwanda, a difference of 0.1%.
The two have swapped places 1 time across 14 shared years of data; in 1974 it was India ahead.
India ranks 22nd and Rwanda ranks 24th of 136 countries.
Across the 4 decades both report, India averaged higher in 2 and Rwanda in 2.
Head to head by decade
| Decade | India | Rwanda | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 4.1% | 2.2% | 1.9% | India |
| 1980s | 6.7% | 3.4% | 3.3% | India |
| 2010s | 3.4% | 4.5% | 1.0% | Rwanda |
| 2020s | 6.7% | 9.3% | 2.5% | Rwanda |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, India or Rwanda?
- India, at 6.7% against 6.6% in Rwanda as of 2022.
- What is the difference in net incurrence of liabilities, total between India and Rwanda?
- 0.1%, with India ahead.
- How many years of comparable data are there for India and Rwanda?
- 14 years are reported by both, from 1974 to 2022.
- How do India and Rwanda rank globally for net incurrence of liabilities, total?
- India ranks 22nd and Rwanda ranks 24th 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.