Kiribati vs Timor-Leste: Net incurrence of liabilities, total
Net incurrence of liabilities, total over time
- Kiribati
- Timor-Leste
How they compare
Timor-Leste currently reports -1.9% against -2.9% in Kiribati, a difference of 1.0%.
The two have swapped places 1 time across 8 shared years of data; in 2014 it was Timor-Leste ahead.
Kiribati ranks 136th and Timor-Leste ranks 133rd of 136 countries.
Timor-Leste has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kiribati | Timor-Leste | Difference | Ahead |
|---|---|---|---|---|
| 2010s | -1.2% | 1.8% | 3.1% | Timor-Leste |
| 2020s | -0.6% | 0.0% | 0.6% | Timor-Leste |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net incurrence of liabilities, total, Kiribati or Timor-Leste?
- Timor-Leste, at -1.9% against -2.9% in Kiribati as of 2022.
- What is the difference in net incurrence of liabilities, total between Kiribati and Timor-Leste?
- 1.0%, with Timor-Leste ahead.
- How many years of comparable data are there for Kiribati and Timor-Leste?
- 8 years are reported by both, from 2014 to 2022.
- How do Kiribati and Timor-Leste rank globally for net incurrence of liabilities, total?
- Kiribati ranks 136th and Timor-Leste ranks 133rd 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.